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Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally

Bank Innovation

The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale. 14 at 6:30 p.m.

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Bloomscape And Tapping Into The Hip Houseplant Phenomenon

PYMNTS

The operational theory is that millennials, having made peace with the idea they are never buying a home with a yard, are instead turning their apartments into “house jungles,” “urban rain forest” or “jungalows” depending on the phraseology one favors. But what Bloomscape says its secret is — and the thing that has helped it secure $1.7

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How Millennial Drivers Are Changing Automotive Practices

PYMNTS

Will younger consumers ever know the unique joy of learning to drive on a gas-guzzling Detroit beater — one of those big cars that were more like boats than automobiles , and which might have left one stranded on a Friday date night because of an ill-timed radiator leak? Millennials Want To Own. Probably not. The catch is the cost.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Retail: Shopping goes even more online as grocery joins the e-commerce ranks. Prior to Covid-19, the online grocery market was a high-growth sector dominated by major retailers, such as Amazon and Walmart. Remote learning technology. 3D printing.

Industry 101
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Pokémon GO: Game-Changing Game Or High-Tech Pet Rock?

PYMNTS

From almost out of nowhere, the Niantic’s AR adaptation of an early ’90s cartoon has become a favorite among now adult millennials. Our favorite out-of-the-box application for Pokémon GO in recent weeks actually goes to law enforcement, not retail. And this summer, Pokémon has risen to be at least a potential comer.

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