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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. Leveraging social media, Gentle Monster started to get traction.

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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? MM: You played a variety of roles at City National Bank. How do you think it will change the way financial services organizations operate?

Industry 539
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Logistics Startup Darkstore Scores $1.4M Seed

PYMNTS

A young logistics startup that gives eCommerce brands same-day delivery capabilities just scored a major chunk of venture funding. Brands without local inventory can use Darkstore’s storage space to ship same-day. The startup reportedly charges brands 3 percent per item that leaves a Darkstore storage space, up to a maximum of $20.

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Apple, NBA Team Up To Release Apple-Branded Playlist In Services Boost

PYMNTS

According to Bloomberg , Apple and the National Basketball Association (NBA) have “announced a partnership that includes an Apple Music playlist featuring independent artists from an emerging label. As Bloomberg put it, the label “connects about 190,000 independent artists to audiences through direct partnerships with brands.”.

Apple 130
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How A New Name Sparked An Unattended Retail Turnaround

PYMNTS

But the branding came across somewhat differently. The brand was widely accused of being culturally insensitive and appropriating the name of the very shops they were hoping to push out of business with their full-service vending machines. The Washington Post branded Bodega the most hated startup in America.

Retail 130
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Should QSRs Be Scared Of ‘Ghost’ Restaurants?

PYMNTS

The latest PYMNTS Order to Eat Tracker highlights how several major brands are embracing (or resisting) third-party delivery services, new models and new ordering solutions in an effort to win over customers. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

professional sports leagues such as the National Basketball Association (NBA) and the National Football League (NFL). Mall operator Simon Properties, for example, has been trying out a pop-up concept called The Edit, which allows a much shorter commitment — only one to six months. The Economics.

Retail 118