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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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Why Health And Fitness Are Driving More Retail Change

PYMNTS

During a recent high-energy PYMNTS discussion with Karen Webster, Lanman talked about the value ClassPass brings to the modern health and wellness market, and the lessons the company has learned along the way — lessons that can be applied to other operators in the digital realm. That will keep fueling this innovation trend in retail.

Retail 146
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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”. The shop was to be located in The Market @ Macy’s in various cities such as Atlanta, Fort Lauderdale and Seattle.

Branding 101
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank offers a wide range of deposit services including demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit with fixed rates and a range of maturity options. We believe we can effectively compete as a community bank in our market area and the niche markets we serve.

Strategy 100
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Why Contextual Commerce Is The Next Big Thing

PYMNTS

I argued that making buying seamless inside of environments that consumers used regularly for other reasons would drive innovation for those environments —and for the third parties that enabled those new commerce experiences. This capability is as disruptive as it is innovative. Third on that list was “contextual commerce.”.

Branding 100
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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Retailers are leveraging technology, such as artificial intelligence and augmented reality, to enhance operational visibility and personalize their customer service, a new necessity in fast-changing and demanding consumer market. Kohl’s can move into smaller markets where a larger store may not fit. Turning grocery on its head.

Retail 59