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Banks Must Up Their Social Media Game to Connect with Digital Natives

Gonzobanker

Here are examples of how some organizations have made use of social media to achieve results: Increased brand awareness – Chime consistently posts a variety of content, and its Instagram profile, with the brand’s signature green theme and modern imagery, has amassed more than 933K followers. Yes, that’s a lot of Benjamins.

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SoftBank-Backed Brandless Goes Bust

PYMNTS

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

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Retailers Show The Path Forward On AI Innovation

PYMNTS

In fact, PYMNTS research has found that the share of customer interactions projected to be handled by AI in 2023 is 80 percent. By using AI technology, the sportswear brand was able to offer suggestions to online shoppers. Take Adidas as another example of that trend.

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. The resale market, currently valued at about $7 billion, is expected to triple by 2023, according to a report prepared for fashion reseller thredUP by the research firm GlobalData.

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Understanding Artificial Intelligence as a Financial Brand

Social Assurance

For most financial brands, Artificial Intelligence, Machine Learning, and Cognitive Banking are still concepts and buzz words that we hear at a conference or read in an industry-related article (not like this one you’re currently reading) that leaves you more intimidated than empowered. How can financial brands use AI? Net Income.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Digital Spaces As Virtual Makeup Studios, Augmented Reality Style

PYMNTS

billion, and brands are already getting onboard with the technology. billion by 2023, and companies are investing in the technology. In an effort to attract millennials, Zara planned to integrate augmented reality into its store, it was reported in March. In 2017, the global AR market was valued at $1.43