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Citizens Access Targeting ‘Optimizers’ to Grow Deposits Beyond the Bank’s Footprint

Bank Innovation

Citizens Access, the digital-only arm of Rhode Island-based Citizens Financial Group, has grown to about $4 billion in deposits, mostly from new customers outside the bank's traditional footprint, since its launch in July 2018. If you build it, the optimizers will come.

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Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

consumers did at least some shopping online as of April 11 — a figure that had risen to 35.7 The government is now looking to expand a pilot program that enables EBT users to spend the money online and remotely shop for groceries, which would help them avoid physical interactions that could expose them to COVID-19. percent of U.S.

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Kohl’s To Debut New eCommerce Facility, Small-Format Stores

PYMNTS

The new eCommerce fulfillment center will be located in Plainfield, Indiana, and Kohl’s expects to begin shipping Kohls.com online retail orders from the new location by the end of this month. In addition, all Kohl’s retail locations will continue to fulfill and ship select orders from the company’s online retail storefront.

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In Europe, Single Data Market Looms?

PYMNTS

tech firms’ dominance across online platforms, and the collection and use of data. This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”. In Europe, another regulatory salvo may be aimed at U.S. CFPB Files Suit Against Citizens Bank.

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Waze Introduces Contactless Payments At ExxonMobil, Shell Stations

PYMNTS

“Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S. Google, the world’s dominant online search engine, has faced growing regulatory scrutiny in recent years. country manager, in a statement.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

MiniLuxe is a nail and beauty lifestyle lounge with locations in Dallas, Rhode Island, Los Angeles, and Boston. The company says it is improving on the nail salon model by offering online booking tools, ethical business practices, and high-quality services at reasonable prices. Oh My Cream! Total Disclosed Funding: $6.6M.

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House Hearing Signals Fireworks On Big Tech Antitrust Issues

PYMNTS

12), the House Judiciary Antitrust Subcommittee will hold a hearing on issues top of mind in the digital realm — touching on how data and privacy affect competition online, and specifically, for online marketplaces. David Cicilline of Rhode Island, who serves as subcommittee chairman. This Thursday (Sept.