Remove Data Remove Millennials Remove Operations Remove social media
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Kohl’s To Tap Into Facebook Data To Create Millennial Clothing Line

PYMNTS

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. The line, called Curated by Kohl’s , will do a deep dive into Facebook’s data to identify brands in numerous categories that resonate with shoppers.

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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. Both secondhand clothing site Poshmark and sneaker exchange StockX are recovering from recent data breaches, which exposed customer information to fraudsters, though no financial information was compromised.

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Forever 21 Stores Hacked

PYMNTS

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

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Fighting Financial Awkwardness With Faster Payments?

PYMNTS

According to recent data , the Same Day ACH offering was used to make 1.8 The peer-to-peer mobile payment service offers a social media element aimed at making the exchange of money more fun for both sides of the transaction. The social side of Venmo makes it less awkward,” said Vaughan.

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Despite Papyrus’ Closing, Stationery Retail Is Not All Doom-And-Gloom

PYMNTS

“While it’s unclear yet if Papyrus’ e-commerce site and wholesale business will remain in operation, the business will be conducting liquidation sales at its stores.”. Millennials to the Rescue. Greeting card experts say it’s younger people and millennials, in particular, who have been keeping the industry afloat.

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Twitch Buys Bebo In eSports Push

PYMNTS

Bebo began in 2005 as a social networking platform by Michael and Xochi Birch. The growth path of the company in addition to the larger opportunity in social media helped it get acquired by AOL for approximately $850 million in 2008. Then it reportedly pivoted again into the organization and operation of streaming tournaments.

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Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.