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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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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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Rebranded Citizens Pay Expands POS Merchant Services

PYMNTS

Providence, Rhode Island-based Citizens Financial Group is advancing the reach of its national point-of-sale (POS) offering for merchants, renaming it Citizens Pay, the company announced Monday (Jan. Citizens is looking to expand current partnerships with consumer electronics firms and reach deeper into retail sectors.

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Big Tech Antitrust Hearing Rescheduled For July 29

PYMNTS

Amazon is expected to discuss the pandemic and how consumers are using digital channels to shop at major retailers, including Walmart , which is Amazon’s competitor. As we have said from the start, their testimony is essential for us to complete this investigation.”.

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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. Download the Tracker to read more. About The Tracker.

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Citizens Bank To Offer Consumer Financing For Microsoft’s Xbox All Access

PYMNTS

Xbox All Access represents the first time a lender, manufacturer, and retailer have come together to offer a seamless way for consumers to buy, and we believe that it will be the model for how purchases are made and financed in the future,” he added. Citizens Bank’s POS financing offers a payment and purchase model for retail purchases.