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Capital One angles to push Discover upmarket

Payments Dive

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

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Capital One’s Eno evolves to give proactive advice 

Bank Innovation

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and customers. Three years after Eno’s launch, the bank is adding capabilities that go beyond simple balance inquiries to proactive insights on customers’ spending behaviors.

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Why Amazon Created A Separate Brand For Designer Fashion

PYMNTS

“You're no longer bound to the few brands you engage with,” she said. You really have a myriad of options, whether you're engaging with somebody on Instagram, [shopping with] a new brand or a B2C brand. For luxury now, all of a sudden there [is] competition.” . The Market’s Latest Entrant: Amazon Luxury Stores .

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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.

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Bain Capital Technology’s Bet On hey And Japan’s Digital Payments Shift

PYMNTS

Japan’s history of mobile payments progress is one of the more curious stories in the field. And yet Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities told Karen Webster. Abrahamson said the government is also giving merchants incentives to buy contactless terminals.

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Tailored Brands Might Seek Bankruptcy In Q3

PYMNTS

Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Tailored Brands said the pandemic had a significant effect on its business, as has been the case with a number of merchants. Securities and Exchange Commission (SEC). “We

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How Capital One’s Bid for Discover Could Shift Payments Competitive Balance

The Financial Brand

This article How Capital One’s Bid for Discover Could Shift Payments Competitive Balance appeared first on The Financial Brand. If Capital One successfully picks up Discover's payments network, the result will be a major realignment of the payments space.

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