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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

In 2021, Nubank spent around 4% of revenue, according to their financials, in marketing which is materially below the 7% target for most banks. Instead of marketing, the Bank strategically focuses on two areas – product development and customer service. Xpeers are customer support help reachable by phone, chat, social media, or email.

Branding 221
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SMBs Turn To Barter To Ease Uncollected Receivables Burden

PYMNTS

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. It's what led to the formation of Trade Nicely itself, which combines its offering with the social element of trading positive PR and customer acquisition services.

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AutoGPT Will Change Your Bank

South State Correspondent

In less than 30 seconds, AutoGPT retrieved a list of the highest-rated restaurants, checked availability, and made the requested reservations at the auto-chosen Capital Grille (below). The application iterated at a speed that few bank marketing and deposit teams could ever compete with. You can name the task and save the agent.

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The 2023 GonzoBanker Awards

Gonzobanker

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

Fintech 194
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Can Amazon Break Into Beauty?

PYMNTS

According to some estimates , the size of the global beauty and personal care products market will hit $716.6 billion by 2025, registering a CAGR of 5.9 But the marketplace is changing – particularly as social media-savvy DTC players have entered the market and attracted large and dedicated consumer bases.

Branding 125
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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Market share is simply shifting away from big chains that haven’t successfully innovated, flowing instead to new models for creating and selling food to customers. The sophisticated food hall: North 3rd Street Market (Brooklyn). This approach to marketing is enabling a new wave of specialized fast-casual brands to take root.

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Dear MBAs, AI is Coming For You: The Coming Wave of Expert Automation & Augmentation Software (EAAS)

CB Insights

The EAAS market map below highlights some of the 40+ insurgent startup technology leaders building expert automation & augmentation software across any number of industries ranging from lawyers to journalists to wealth managers to traders to consulting, and more. But first, what is Expert Automation & Augmentation (EAAS) Software?