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Online Car Buying Co Carvana Adds New Financing Option

PYMNTS

When someone goes to the auto center section of the Regions Bank website, they’ll be routed to a new, co-branded site from the two companies. . The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank. There are car vending machines in 21 cities in the U.S.,

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Today, SoFi’s suite of products includes 11 different offerings including a no-fee bank and savings account, debit and credit cards, student loans, mortgages, investments, auto/life/homeowners/renters insurance, as well as lending and planning services for small businesses. The Path Of The Neobank Supermarket.

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State Regulators Investigate Payday Advances

PYMNTS

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. What it doesn’t address is why those people have very little savings in the first place.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth. Many of today’s most recognized brands were once small businesses until they found an SBA counselor, lender or investor. To inquire about a small business loan, click here.

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Joymode Turns Movie Nights, Camping Trips Into Subscriptions

PYMNTS

The company offers its consumers this value proposition: Give us about 10 percent of the cost to purchase the goods, and we’ll lend you the equipment. In the future, Joymode could work with brands to promote their products. The company does have a membership base desirable to brands — hard-to-reach millennials.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster. Find the gap in one segment and build success from there.

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The Sweet Side Of Building A Luxury eCommerce Brand

PYMNTS

Interestingly, as the brand evolved, according to O’Neill, the real driver of what is offered on their site — and their few physical stores — are the flavors making the social media waves. While the success of the rosé-infused gummy bears was impressive and explosive, it was not a one-time experience for the brand.

Branding 101