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Innovation Is Key to Credit Union Survival

PYMNTS

Credit union (CU) members are known for loyalty to these financial affinity groups, but that loyalty is being tested. The 2020 Credit Union Innovation Index , conducted in partnership with PSCU , found that over 20 percent of members would drop their current CU over lack of innovation. percent to 21.9 Competitive Threats.

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Life House Tech-Focused Hotel Brand Closes $30M Fundraise

PYMNTS

Additional funds also came from investors David Hamamoto, the former chairman of Morgans Hotel Group, and Jim Ketai, the owner of Detroit’s Shinola Hotel. Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. .

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Chinese Consumers Resume Buying Luxury Brands

PYMNTS

LVMH , which dabbles in wine and watch sales among other things, saw sales in China spike in the last quarter with 65 percent higher sales year over year, Bloomberg reported, although the group's overall percentages were down 38 percent. And Kering saw sales jump 40 percent in mainland China in the second quarter.

Branding 159
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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion. Indiana University will have them this month.

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Retail 2020: Looking Back On D2C Brands

PYMNTS

Direct-to-consumer (D2C) brands came in two flavors during 2020. The second flavor were the brands that had seen traction before the pandemic and flourished during it with innovative marketing, fresh business models and cool packaging. That group is more exciting. The seven-year-old D2C hybrid brand has received $4.7

Branding 162
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GEICO, State Farm, Nationwide, Progressive, USAA Top Q1 2022 Mobile Insurance Scorecard

Perficient

Recently, Digital Insurance issued the findings from Keynova Group on the 2022 Mobile Insurance Scorecard. 3) Tell Me – Authentic, Relevant Brand Messages and Experiences. 3) Tell Me – Authentic, Relevant Brand Messages and Experiences. We also help them achieve enterprise-wide operational excellence.?

Mobile 294
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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which came in two flavors in 2020. 28) that it closed its acquisition of ShopRunner, which will operate as a part of a new group inside of FedEx Services named FedEx Dataworks. The service connects more than 100 brands and retailers to shoppers.

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