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Deserve Raises $50M to Expand Account Receivables

Bank Innovation

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

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Kohl’s To Tap Into Facebook Data To Create Millennial Clothing Line

PYMNTS

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September. Kohl’s own curated lines will roll out in October with brands Adore Me and pop-up card designer Lovepop.

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Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

One might argue that the shifts have been better or for worse (when was the last time one could separate a millennial from their iPhone for a decent conversation?), The digital card will be linked to Apple Pay. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer.

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National Retail Federation Projects Halloween Spending Will Hit $9B

PYMNTS

billion in Halloween spending, the National Retail Federation ’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. billion on candy and $400 million on greeting cards. Just under last year’s record $9.1 In addition, celebrants are expected to spend $86.79 billion on costumes and $2.7

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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

No, we’re talking about the real debate in America and the answer to the most important questions facing our nation today. Are millennials eating too many avocados on toast for their own good? No, we’re not talking about the appointment of the Special Prosecutor to investigate the firing of James Comey.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. That’s not all.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

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