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Credit Unions Want Gen Z’s Deposits and Loyalty, FinTechs Are Lukewarm
For traditional financial services providers — chiefly credit unions — the future belongs to youth. For FinTechs, in looking at Gen Z consumers, well, things are a bit more cautious. They feel, to put...
View ArticleLinkedIn Adds Independent Creators’ Content to Its Advertising Options
LinkedIn reportedly entered the influencer marketing business with last week’s launch of an offering that lets advertisers pay to amplify posts from independent creators. These new Thought Leader ads...
View ArticleCitigroup Keeps Eye on Lower FICO Customer Spend, Sees Digital Engagement Rising
Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4%...
View ArticleBunq Raises $31 Million After Quadrupling User Deposits in 2023
European neobank Bunq’s shareholders signed a commitment letter in March to provide 29 million euros (about $31 million) of capital to finance the company’s growth. The new commitment followed the...
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Personalized Emails Are Key to Winning Persuadable Shoppers’ Loyalty
When it comes to winning the loyalty of shoppers who can be persuaded by personalized offers, PYMNTS Intelligence research reveals, email proves to be a key tool for merchants. By the Numbers The...
View ArticleRoku Reports 591,000 Accounts Impacted by ‘Credential Stuffing’ Attacks
Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks. In less than 400 of these cases, hackers logged in and made unauthorized purchases of...
View ArticleTencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay. In addition, Weixin Pay is exploring interoperability with...
View ArticleVolatile Markets, Wealth Effect a Double-Edged Sword for Consumer Spending
The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank earnings, shines a light on the value of stock...
View ArticleGermany to Deliver Benefits Via Payment Cards Rather Than Cash
The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash. This change is meant to limit how these...
View ArticleDove Refreshes ‘Real Women’ Push in Counterpoint to AI Images
The artificial intelligence (AI) content free-for-all has everyone scrambling to understand what the new normal will look like, and this week, a few brands decided it was time to lay down some ground...
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