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Kohl's boosts reward benefits for card members

Payments Dive

The Menomonee Falls, Wisconsin-based retail chain tested the program in eight markets over the past year and found an increase in Kohl's Card acquisitions and overall sales.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

The news comes as the first Amazon Fresh opened , with the eCommerce retailer providing access to the general public to the Los Angeles store in September. As it stands, 69 SpartanNash stores in Wisconsin, South Dakota, North Dakota, Nebraska, Minnesota and Michigan provide the Fast Lane offering.

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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.

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Acima Credit Review: Lease-to-Purchase Retail Financing

MyBankTracker

Acima is a financing solution if you’re looking to buy appliances, mattresses, car tires, and other retail purchases. This lease-purchase option (or rental purchase) is an alternative to using a credit card or getting a personal loan. This can include a driver’s license, state-approved ID card, military ID, or passport.

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Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings

PYMNTS

At the same time, Wells Fargo CFO John Shrewsberry noted that the bank is seeing growth in credit and debit card usage, consumer checking and loan originations for small business and auto, among other products. The bank reported revenues of $21.9 billion and earnings per share of $1.16 compared to analyst estimates of $21.89