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Building Innovative Subscription Services With Discovery, Flexibility

PYMNTS

To provide consumers with the curation of a subscription box or the flexibility of a rental platform, digital innovators are tapping into the subscription business model. From Banana Republic to Black Box Record Club, eTailers and brick-and-mortar retailers are offering consumers the opportunity to subscribe to products and/or services.

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Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

Americans are exercising through the pandemic. The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. Just ask Nike or Peloton , who have racked up impressive usage and revenue KPIs over the past few months.

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CA DFPI exercises its new enforcement authority against coding school’s income-based deferred tuition agreement

CFPB Monitor

The California Department of Financial Protection and Innovation announced last week that it has entered into a consent order with Lambda, Inc., Lambda offers California students the option to defer tuition through income-based retail installment contracts. Non-California students may enter into income share agreements.

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Today In Data: Intelligence Of Things Pushes Innovation

PYMNTS

IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. Smartwatches are known to act as personal trainers, motivating users to reach daily exercise goals, track one’s heart rate or count calories and steps, among other functions.

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Infection Report Causes Drop In Planet Fitness Shares

PYMNTS

The popular gym chain, like other types of retailers, had been trying to open up again following months of mandated lockdowns due to the virus. According to data from the Centers for Disease Control and Prevention (CDC), only around 23 percent of Americans get the recommended amount of exercise per week. Planet Fitness shares fell 6.3

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Bankers identify 2020’s greatest strengths and challenges

Bank Innovation

This exercise helps keep track of past triumphs for further success and turn past deficiencies into future victories. When preparing for a new year, it helps to assess what went well and what didn’t in the previous year.

Exercises 221
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What Payments Innovators Can Learn From Monkeys

PYMNTS

It explains why many fitness trackers, gym memberships, home exercise equipment, or books or apps on physical and financial self-improvement bought at the start of the year begin to collect dust right around Valentine’s Day – just in time for a big romantic dinner. And, they haven’t seen enough of a reward to commit to continuing. Here’s why.