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

South State Correspondent

If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Brand Differentiation Step 1: Build an Employee-Centric Culture. Nubank is an example of what happens when you invest in your products in order to differentiate your brand.

Branding 221
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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

Lending 134
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Ex-Microsoft Exec To Lead Apple Smart Home Unit

PYMNTS

Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. The news comes after Apple recently acquired startup PullString, which specializes in voice-enabled toys and could help the company launch products that create a connected living room.

Apple 136
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Former Apple Store Chief’s Enjoy Raises $150M For UK Expansion

PYMNTS

Menlo Park-based Enjoy Technology , the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. Prior investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital and Oak Capital Management.

Apple 116
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Top News In Payments: Santander Acquires Ebury Stake, Goldman Sachs Extends $10B In Apple Card Credit

PYMNTS

Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. And Capital One is back online after a major outage. Goldman Extends $10B In Apple Card Credit In First Month. Apple Card? Capital One saw an outage on Friday (Nov.

Apple 116
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Luxury Brand Barneys New York Seeks Bankruptcy Protection

PYMNTS

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108
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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. There were plenty of introductions last week.

Apple 122