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Today In Digital-First Banking: Goldman's Marcus Debuts Personal Finance Tools; Franklin Templeton’s Singapore Subsidiary Collaborates With Razer Fintech

PYMNTS

Goldman’s Marcus Adds Personal Finance Management Tools. Franklin Templeton Teams Up With Razer to Woo Millennial Investors. The Singapore subsidiary of Franklin Templeton and Razer Fintech announced a memorandum of understanding to collaborate on developing a digital wealth management platform.

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Walden Mutual aims to serve New England’s food community

Independent Banker

The native New Englander has worked in management consulting and composting and lives on a farm with his wife, kids, chickens and sheep. It bothers Cummings that, according to a 2019 study by Cornerstone Advisors, 44% of millennials bank with one of the three biggest banks. Margaret Littman is a writer in Tennessee.

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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

As we enter 2018, we are working diligently to improve execution with a focus on conversion, gross margin and inventory management,” CEO Robert Niblock said in a statement. housing market and the increasing transition of the millennial generation into home ownership mode. percent, again ahead of the 3.1 tax reform. percent.

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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Country Manager Lars Petersson said, “We recognize that we are in a rapidly changing retail environment, and to be fit for long-term growth, IKEA is transforming in a way that lets us meet our customers where they are.” Already, the retailer has opened a Planning Studio across the pond in London in October.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

In a handful of states, including Tennessee and South Carolina, lottery tickets may only be bought with cash.” Millennials, whom the company says do not provide a lot of foot traffic to retailers that sell lotto tickets. “In Connecticut, for example, you cannot buy tickets with a credit card. The target audience?

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Robinhood’s clutter-free user interface design is flypaper for millennial audiences. trillion in annual spending.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

In financial markets, global risk and asset management firm BlackRock laid off around 40 employees earlier this year, including portfolio managers and stock managers. Seegrid develops vision guided vehicles (VGVs) as well as a fleet management platform. WEALTH MANAGERS AND FINANCIAL PLANNERS .