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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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25 Million Mobile Users, Only 2 Million on Bank of America’s Erica

Bank Innovation

Keep in mind that we started the rollout earlier this year with Rhode Island (which has a relatively small population) and completed in all markets in June," Betty […]. Bank of America might have 25.3 million active mobile users, but only two million of those users are using the bank's virtual assistant Erica.

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Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

The Next-Gen Debit Tracker®, a PYMNTS and PULSE collaboration, provides an in-depth examination of debit’s changing role in banking and retail and offers an insightful, data-rich look at how providers can innovate within these areas. About The Tracker.

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

PYMNTS

Retailer Kohl’s will boost both its brick-and-mortar and eCommerce capabilities this year by adding four small-format, brick-and-mortar locations to its roster of stores and a fifth eCommerce fulfillment center. 2017 will be located in Rhode Island, Ohio, New Jersey and California.

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Mastercard And BJ’s To Offer A ‘Priceless’ Boston Experience

PYMNTS

The credit card company and retail wholesaler announced on Tuesday (Aug. 2) that they are running a contest to reward shoppers who pay with Mastercard credit, debit or prepaid cards at BJ’s locations in Rhode Island, New Hampshire, Maine and Massachusetts. The prize?

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In Europe, Single Data Market Looms?

PYMNTS

This is a major weakness for data-driven businesses to emerge, grow and innovate today, including in Europe, but huge opportunities lie ahead.”. The Japan Times reported that the mandate would seek to keep tech giants such as Amazon from abusing dominant market positions when competing with smaller online retailers.

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The Journey Of The Stroopwafel To Starbucks’ Shelves

PYMNTS

But he didn’t know what exactly he wanted to go into business doing, until a bit of chance snacking put him on the path to his innovation “ah-ha moment.”. What he discovered, or more accurately remembered, was the stroopwafel, a common Dutch treat made from two thin waffle pastries melded together with a syrup center.