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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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In Europe, Single Data Market Looms?

PYMNTS

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Retailers are not just looking to donate a percentage of profits to a charity or cause, either, but are also seeing it as a way to foster customer engagement. Donating to a variety of charitable causes can expand customer reach for retailer engagement. But like the market, and like the country, we are changing as well,” Smith said. “We

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Big Tech Antitrust Hearing Rescheduled For July 29

PYMNTS

The House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law’s change is reflected in an online scheduled updated this weekend. The hearing’s official subject is: “Online Platforms and Market Power, Part 6: Examining the Dominance of Amazon, Apple, Facebook, and Google.”

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NEW DATA: Why 66% Of Consumers Buy Their Clothes Online

PYMNTS

It isn’t an easy year to be an apparel retailer. Americans spend about half as much on apparel and accessories today than they did 30 years ago, and former retail giants in the space are struggling to keep up with digital competitors like Amazon. So what’s an apparel merchant to do in these tough times? Go omni, of course.

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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 Many individuals received the cards in unmarked envelopes and threw them out because the recipients believed they were scams or marketing offers. percent of U.S. percent by May 23. percent year over year during the third week of May.

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Under Armour Names Amazon Exec New CMO

PYMNTS

Under Armour has announced that Andy Donkin, who served as Amazon’s head of worldwide and mass brand marketing for the past four years, will serve as the sports apparel retailer’s new chief marketing officer. He will now oversee Under Armour ’s global marketing campaigns. Donkin will start on Aug. 22, according to Forbes.