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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

PYMNTS

While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.

Detroit 256
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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash

PYMNTS

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. Luckin is hardly the only retailer tapping into the potential of vending machines. states and 24 countries.

Retail 131
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Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally

Bank Innovation

The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.

Detroit 186
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Giving The Gift Of Michigan With Curated Boxes

PYMNTS

The company carries brands such as the Detroit Spice Company and Lush Gourmet (Nuts). In addition to selling online, Mitten Crate also launched a retail storefront at the historic Eastern Market in March, which Wright said has been well-received. Consumers can purchase subscriptions as gifts for others.

Michigan 129
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How Ghost Kitchens Are Altering The QSR Landscape

PYMNTS

Diners will place orders via third-party online food delivery platforms, phone or the restaurant’s website. The new law would require most retail outlets to accept physical currency. Based in Detroit, Michigan, Little Caesars has stores in all 50 U.S. QSRs are incorporating the technology into their business models.

Tampa 134
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Welcome to New Orleans

Independent Banker

Along with an expanded lineup of general session presentations, more than 200 companies will be exhibiting at Expo to discuss the industry’s latest product and service innovations. Tech entrepreneur and New York Times bestselling author on business creativity, innovation and reinvention. ICBA Chairman, and President and CEO.

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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies. My favorite and I believe useful analogy for banking system engineering is that of automobile engineering, an industry that has a similarly colorful past and has been marked by fits and starts of innovation over the past 120 years.