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Tag: Gen-Z

  • 7 Fashion Brands Gen Z Can’t Stop Talking About (Including Me)

    7 Fashion Brands Gen Z Can’t Stop Talking About (Including Me)

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    It seems like these days there’s one  question on everyone’s mind: “what is Gen Z buying?” After years of focusing on the millennial shopper the shift has become full on Gen Z, and as a Gen Zer myself I figured I would let you in on the 7 cool fashion brands that my group chat, TikTok for you page, and Instagram feed are totally clogged with. From brands that lean more on the parisian and romantic side, to super cool it girl brands these seven stand out amongst the rest. Let’s just say if I was building my dream closet, it would be full of pieces from these seven brands.

    Keep scrolling to see which seven brands have me and the rest of Gen Z by a chokehold.

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    Grace O’Connell Joshua

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  • These Are the Trends Gen Z Will Be Wearing in 2023—30 Editor-Approved Picks

    These Are the Trends Gen Z Will Be Wearing in 2023—30 Editor-Approved Picks

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    Maybe you’ve been gravitating toward a mishmash of thoughtfully curated outfits à la White Lotus Portia more often than usual lately. Or perhaps the idea of Simon Miller’s sky-high kiwi-colored bubble clogs and a fur-trimmed bolero isn’t out of the question anymore. No, you’re not going through a fashion identity crisis; you’re just embracing your inner Gen Z style.

    At the height of the pandemic, Bloomberg released a report that confirmed everything fashion people already knew: Gen Z is on the rise. While millennials are the biggest consumers and baby boomers yield the largest spending power, Gen Z is the fastest-growing generation as it pertains to spending, and naturally, designers mare taking notice. (See: Celine’s TikTok-inspired collection or Diesel’s micro skirt that thrives in internet virality.)

    Gen Z celebrities, editors, and influencers are becoming more and more prominent in not only following trends but actually making them. This year, we polled fashion stylists, editors, and students on what they’re trying and buying in 2023. Scroll on below to see what’s on Gen Z editors’ wish lists this year, and don’t be surprised if these picks make it onto your algorithm three months from now. 

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    Ana Escalante

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  • Gen Z Says: This Is What the Next Gen Is Saving, Wearing, and Shopping

    Gen Z Says: This Is What the Next Gen Is Saving, Wearing, and Shopping

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    Over the last few years, designer brands and luxury conglomerates have set their sights on winning over one of the most coveted pieces of the fashion pie: Gen Z. Millennials are still the largest consumers of fashion, and baby boomers yield the largest spending power, but Gen Z has quickly become all anyone in corporate boardrooms can talk about. Aged 12 to 25, Gen Z is poised to become the fastest-growing generation as it pertains to spending power, leveraging around $360 billion, according to the Business of Fashion, so it’s no surprise to anyone that the industry has taken notice. Since before industry leaders were paying attention, we’ve had an annual tradition of ours that allows us to dive a little deeper into the younger generation—Gen Z Says.

    Formerly, it was a series where we exclusively tapped young insiders to discuss what’s cool in the fashion space, but we’ve now taken it to the masses. While billionaire CEOs and marketing executives think they know what Gen Z wants, we’re here to break down the truth. Over the last two weeks, Who What Wear sat down with industry experts, leaders, and over 200 Gen Z readers to hear their takes on the fashion choices they’re making right now, from where they’re spending their money (and where they aspire to shop from) to what exactly is influencing those late-night purchases and hauls. The proof is in the numbers, and as we’re among the next gen ourselves, we were able to put together a concise report of what we actually care about, from us to you. Welcome to the new and expanded Gen Z Says.

    This year more than ever, it feels like brands are finally taking strides to appeal to the new, young, hip crowd on the scene. In an effort to grow with the generation, brands of all sizes are investing time and money into capturing their undivided attention. Miu Miu and Tory Burch have tapped sub-25 celebrities like Sydney Sweeney and Zaya Wade for campaigns and runway debuts. Emma Chamberlain has made the shift from quirky and sporadic YouTube vlogs to front-row and red carpet appearances. Both Madelyn Cline and Jenna Ortega rose to superstardom after their Netflix series and movie roles, working with the likes of Valentino and Versace as they go.

    The Lyst Index, which is the industry’s quarterly report that ranks fashion’s hottest brands and products, cited both Gen Z and TikTok virality as reasons for multiple brands’ successful ranking in both 2023 Q1 and 2022’s end-of-year data. On the corporate level, luxury giant LVMH announced in 2021 it was planning to recruit 25,000 people under 30 by the end of 2022, proving that looking from the outside isn’t enough. They want the inside scoop.

    These days, it’s almost impossible not to pay attention to the path the younger generation is forging. If there’s one thing we learned from the style discourse Portia from The White Lotus caused, it’s that there’s a lot we have yet to learn about the next gen’s place in the fashion world—snarky think pieces included or not. So read on to see their impact on fashion in 2023, and prepare to be captivated.

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    Yusra Siddiqui

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  • My Friends Always Ask Me Where I Find My Outfits— I Told Them These 10 Stores

    My Friends Always Ask Me Where I Find My Outfits— I Told Them These 10 Stores

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    Not to brag, but I think of myself as someone who knows how to spot a good fashion item. When I see something that makes my heart flutter (and wallet suffer) I have to share it with the world— most often with pictures, links, and tons of exclamation marks on my Instagram story. As someone who’s known to influence all of my friends, family, and followers to buy something incredibly on trend, I’m strongly anti-gate keeping. My latest venture? Posting my outfits from my favorite retailers.

    As a Gen Z editor, I’m constantly on the hunt for the latest and greatest to share with my friends. From browsing Nordstrom for hours on end to finding the best runway-inspired ballet shoes for more than $100 off, I’ve rounded up the best Zoomer-approved stores that everyone 25-and-under is shopping now. 

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    Ana Escalante

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  • A Gen Z Kind of Daftness: On Billie Eilish’s Lack of Awareness of Taylor Swift Singing “Picture to Burn” or What “Burn” Even Meant Within the Context

    A Gen Z Kind of Daftness: On Billie Eilish’s Lack of Awareness of Taylor Swift Singing “Picture to Burn” or What “Burn” Even Meant Within the Context

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    With each new generation that “comes up,” there is the constant accusation from previous ones that there has never been a worse sect of people than the “youthquake” currently dominating. In Gen Z’s case, however, it might actually be true (until Alpha comes along to overtake them). Of course, defendants of the generation would argue that they can’t help what they are, being the first to have grown up entirely in the matrix. Never knowing a world in which the internet didn’t reign supreme. Those who came before them, the millennials, at least have some vague remembrance of a life before being totally “connected” (thereby being, ironically, totally disconnected). And yes, millennials were, once upon a time, the most hated. It was they who were dubbed the “snowflakes” first. But that term is quickly shifting to apply to Gen Z. Not just because of how easily offended they are or how incapable of processing opinions and ideas that don’t fit in with their own algorithm, but because, well, they’re just not equipped to deal with much of anything at all outside the matrix.

    Nonetheless, for a generation as dependent on the internet as Z, they scarcely seem to understand how to use it to its utmost potential. Certainly not for research and fact-checking purposes, it would appear. This much was made starkly apparent by one of the few Gen Z spokespeople thus far, Billie Eilish. For, in an episode of her now-defunct “radio show” (a.k.a. Apple Music podcast), me & dad radio, Eilish unashamedly admits, “I used to love [“Picture to Burn”] when I was, like, four—no, probably older than that. Probably, like, six. It’s crazy. It’s very country. When I listen to it now, I’m like, ‘Wow, I totally didn’t realize how country this was.’ But I loved this song back then because I thought it was so badass. I thought it was so cool and mean. I just loved it.” And yet, she didn’t love it enough to 1) look into who actually sang it and 2) try to understand something as simple as what it means to burn a picture.

    To be “fair,” Taylor Swift was an entirely different person in 2006, when her self-titled debut came out and she was Country Barbie. Eager to neither confirm nor deny the ever-burgeoning rumors that she was a savior to the Aryan race and a God-fearing Republican. So there little four- or six-year-old (she was seven, per the math of when the single was released that Eilish ostensibly can’t do) Billie was, probably right to file away this country singer as someone separate from the Swift we would all eventually come to know. A being so far-removed from her howdy, yee-haw days that it’s understandable someone might not associate her with that girl from “Picture to Burn.” If, that is, said person had no access to the internet and/or was totally detached from interacting with pop culture. Such a person, needless to say, is not Billie Eilish. But her ill-informed, la-di-da statements reveal much about the generation to which she subscribes. One that is so out of touch with anything tangible that she felt no embarrassment in also adding, “I didn’t understand at all what a ‘picture to burn’ meant. The only word ‘burn’ that I knew, that I thought that she meant, was, like, when you burn a CD.”

    While one could say that associating “burning” with CDs is decidedly millennial, in this instance, not so. Eilish’s childhood spent in a world where the trappings of the internet (including downloading songs and, at that time, burning them onto CDs) were pervasive as opposed to peripheral is indicative of a generation that would scarcely grasp (or ever have to) anything related to the physical. That CD burning was, in fact, a “millennial thing” was far more telling of said generation’s lingering attachment to that which was concrete. But, as it turned out, the practice was just a launching point for eradicating all tangibility and turning everything digital with the advent of the first iPhone in 2007 that also combined the key elements of an iPod function for music-listening purposes. In other words, what Gen Z would come to view as more normal than anyone because they grew up with it as their norm. CDs (and records and tapes) be damned.

    Swift, who released “Picture to Burn” in February of 2008 (two years after Taylor Swift came out) offered an accompanying video that Eilish could have easily watched at some point for a keen understanding of what it means to burn a picture. Complete with contextual cues at the beginning of the Trey Fanjoy-directed video that includes Swift holding up a picture of her and her ex and asking her friend, who’s with her in the front seat of her car, “Would you look at how happy we were back then? I can’t believe he turned out to be such a jerk” (by the end, that picture will be up in flames, further “spelling it out” for Eilish). It’s the sort of comment one could imagine hearing in a Britney Spears interlude from Oops!…I Did It Again. And, yes, at that time, Spears was still at the peak of her influential powers, so it’s entirely possible Swift could have been “infected” with a touch of Spears in this regard (even if “Picture to Burn” itself was ahead of Britney’s curve by employing the same style of pyrotechnics as her months before the “Circus” video came out that same year). Unlike Eilish, whose undercover love of Swift all this time never seemed to creep into her own musical style. No overbearing Telecaster guitar strings or vocal warblings about how, “As far as I’m concerned/You’re just another picture to burn.”

    At the same time, some of Eilish’s “we are never ever getting back together” sentiments on Happier Than Ever might be traceable to this moment in her early sonic exposure. For just as Taylor rails against a no-good, low-life type with, “State the obvious, I didn’t get my perfect fantasy/I realize you love yourself more than you could ever love me,” so does Eilish on “Lost Cause” via such lyrics as, “I used to think you were shy/But maybe you just had nothing on your mind/Maybe you were thinkin’ ’bout yourself all the time/I used to wish you were mine/But that was way before I realized/Someone like you would always be so easy to find.”

    However, by this estimation, everything of “value” Gen Z has to “give” (read: repurpose and pass off as their own) was ultimately gleaned from millennials through internet osmosis. A phenomenon that’s only worsened thanks to TikTok and the increasing lack of “crediting original sources.” Leading one to believe that civilization truly has reached a “wall” in terms of everything having been done before (something Barenaked Ladies confirmed in 1998). And rather than being, at the very least, done in a better or more thoughtful way in the present, it seems that the “reinvention” of the same thing only gets worse in its presentation over time. Making one simply want to burn it all to the ground. Surely Eilish must know what “burn” would entail in that sense.

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    Genna Rivieccio

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  • Gen Z Takes the Dems

    Gen Z Takes the Dems

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    Maxwell Frost represents a generational shift in the Democratic Party—one where activism is at the fore.

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    Abigail Tracy , Chris Murphy

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  • Gen Z Has Spoken: The Only 6 Handbag Trends That Matter to Them RN

    Gen Z Has Spoken: The Only 6 Handbag Trends That Matter to Them RN

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    Apparently, age isn’t just a number anymore. It’s a letter. To be honest, I didn’t even know I was considered part of Gen Z until I started writing this article. All of these different labels—Gen X,Y, Z, boomer, millennial—are really just trendy ways of describing your age. But putting aside my age-labeling qualms, I figured it was time to start thinking about what our generation is wearing these days, particularly regarding our handbags.

    On my walk to work, I passed through SoHo and Nolita, two of the most overtly trendy neighborhoods attracting more than their fair share of skateboarding vloggers. Baguette bags, designer belt bags, mini bags, nylon backpacks, and saddlebags surrounded me. But while these bags had a modern look, the styles themselves were nothing new. And I realized that being a Gen Z is about bringing the past into the present.

    I thought about one of my favorite handbags (a bluish-white monogrammed Yves Saint Laurent baguette bag from the 1950s that my grandmother passed down to me) and what it had lived through: In 1954, it was propped up on a wooden dresser in a Back Bay condo. In 1988, it was looped around my mom’s wrist on her way to a first date. And now, it’s in 2023 with me, walking the streets of the West Village.

    Being a member of Gen Z means that we know how to revitalize a good trend. We hijack everything and use the past for inspiration. Take the baguette bag that flaunts the streets today, designed by Fendi and popularized in the 1990s. Look at the nylon backpack that was created by Miuccia Prada in 1984 to be the next It bag, or even the scrunchie bags, resurrecting the 1960s invention and fad of the scrunchie. All of our bags pay homage to the ones that made fashion history and our generation is remaking this with a distinctly 21st Century spin.

    So, my age is the last letter in the alphabet. And just as Gen Z is about appreciating all of the bags and letters that came before us, it’s also up to us to restart the cycle. When I think about Gen Z’s trends now, I realize that at the core, it’s all about unity. We are the generation that unites all generations, and I’m pretty proud to be a part of it.

    Keep scrolling to see all of the Gen Z handbag trends that are revitalizing fashion history’s most wearable trends.

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    Anna LaPlaca

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  • The Rise of the Weird-Girl Aesthetic: Here’s What It Is and How to Get the Look

    The Rise of the Weird-Girl Aesthetic: Here’s What It Is and How to Get the Look

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    Coined by TikTok as “weird-girl style,” the aesthetic isn’t one to be ashamed of. In fact, it’s one that’s celebrated—fashion ecosystem willing or not. While searches for minimalist designer labels have flourished over the last few years and elevated basics are more shoppable than ever, a newfound crowd has embraced their inner kookiness.

    Relying on intentionally clashing articles of clothing, colorful prints, and elaborate textures, the weird-girl aesthetic is a delectable lesson in personal style. It’s an Icee slime that TikTok can’t stop digging its hands into over and over, each time drawing out more questionable fashion choices that somehow look decent. You can trace the origins back to Harajuku—a student neighborhood in Tokyo bursting with counter-culture movements and subversive style. Although it wasn’t considered weird-girl style then, photographer Shoichi Aoki popularized the community’s eccentric sense of self, culminating in Fruits magazine, a first-of-its-kind street style publication featuring cool people and their cool clothing. The result? A living, breathing movement of dressing oddly just for the sake of it (and eventually cultural-appropriation vibes from Gwen Stefani). 

    Weird-girl clothing doesn’t necessarily need to follow a set list of rules, silhouettes, and cuts to be deemed as such. Both high-cut underwear as pants and two-headed-teddy-bear bags fall under the style umbrella. Like most things, though, you only have to look at Bella Hadid to figure out what all of the hoopla is about. The supermodel is known for her liberal street style, often composing it herself. On her roster are colorful crochet beanies, hiking sneakers, alien-inspired sunglasses, and accessories so bejeweled they would make Paris Hilton do a double take.

    At this point, it’s important to acknowledge the elephant in the room: Is it a ‘fit, or is she just skinny? While the weird-girl aesthetic has nothing to do with race, social class, or body type, it’s undeniable that certain things are heralded as the peak of style on thinner body types and scoffed at when worn by others. Hadid can certainly wear men’s boxers as pants in the middle of winter, but according to some people on the internet, non-white, non-skinny people can’t. 

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    Ana Escalante

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  • Blavity Inc. Launches ‘Home & Texture,’ First-Ever Curated Home, Interior Design and Commerce Hub for Black and Multicultural Millennials

    Blavity Inc. Launches ‘Home & Texture,’ First-Ever Curated Home, Interior Design and Commerce Hub for Black and Multicultural Millennials

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    Home & Texture Roll Outs Editorial Storytelling, Shoppable Content, and Creator Partnerships to Best Reflect the Individuality, Lifestyle and Cultural Heritage of Consumers

    Press Release


    Feb 16, 2023 06:00 EST

    Blavity Inc. – the corporation that builds solutions for Black and multicultural audiences and enterprises who want to reach them and reaches more than 250 million monthly consumers across its media portfolio, including 21NinetyTravel NoireShadow and Act, and Blavity.com – announces the launch of its newest lifestyle brand and commerce vertical Home & Texture. 

    Home & Texture marks the first-ever curated home, interior design, and commerce hub dedicated to Black and multicultural consumers. While the home decor market is forecasted to hit $202 billion by the end of 2024, and this consumer segment makes up 60% of the growth in the home improvement category in the U.S., it is historically underserved with relevant home, DIY, and buying content and resources. Additionally, as more multicultural millennials are aging and buying homes, Home & Texture fills a current void in the publishing space by providing storytelling and shoppable content that reflects their individuality, lifestyle, and cultural heritage.

    Merin Pasternak, the Senior Vice President of Commerce & Consumer Media, and Melody Bostic Brown, the Associate Vice President of Consumer Media at Blavity, will lead the home brand. The team will drive the content strategy for Blavity’s commerce-first lifestyle brands 21Ninety and Travel Noire, and will lead Home & Texture’s curated editorial storytelling and commerce to inspire and engage audiences in a way that consistently drives action. With millennials transitioning into home ownership and growing their families, Blavity Inc. will leverage its trust with consumers to drive inclusive change in media.

    “Blavity was founded to fuel inclusivity across all business and lifestyle categories, specifically for Black and multicultural millennials. Home & Texture is a category disruptor – providing much-needed information and shoppable content that is curated to speak authentically to this underserved consumer segment, which is among the fastest growing in this category,” said Morgan DeBaun, CEO and Founder of Blavity Inc. “We’re excited to expand our growing media portfolio with this launch and guide readers as they put down their roots, raise families and turn houses into homes.”

    Home & Texture launches with content franchises and key tentpoles featuring creators, entrepreneurs, and community-driven content, including:

    • House Tours: House tours profile entrepreneurs, creators, and single parents, including Carmeon HamiltonDavid Quarles IV, and Laquita Tate. The franchise looks at home designs and decor inspiration from the Black and multicultural community.
    • My Homebuying Experience: This UGC and influencer-driven content discusses the joys and unexpected scenarios around becoming first-time homeowners, as well as design hacks and product reviews.
    • Bad to Bougie: This franchise covers transforming old, unattractive pieces into fabulous accent pieces. It shows how to maximize your budget and reimagine furniture and decor sustainably.
    • D-I-WHY: This tentpole explores the “why” vs. the “why not” approach to home renovations and refreshes. It provides insights and how-tos around specific home projects that are worth taking a hands-on approach and defines those that are best left to the professionals.
    • Everything Must-Go…Into Your Home: This tentpole leverages an organic beginning-of-the-year refresh buzz with the best deals on home furnishings and appliances through “everything must go” clearance sales. In addition, we’ll highlight product reviews and listicles about home furnishings and appliances and offer UGC-driven contests.
    • First Time Around: This tentpole touches a vital segment of the Home & Texture audience and buyers — first-time homeowners. For BIPOC millennials, creating a beautiful home is exciting, yet it also presents a lot of unknowns and discoveries. We offer them guidance.

    For more, visit HomeandTexture.com.

    ABOUT BLAVITY INC.

    Blavity Inc. is a corporation that builds solutions for Black and multicultural audiences and enterprises who want to reach them. Founded in 2014, Blavity Inc. is home to the largest network of platforms and lifestyle brands serving millennials & Gen Z through original content, video, and unique experiences. The company has grown into a market leader for Black-owned media, reaching over 250 million millennials and Gen Z per month through its growing brand portfolio, including Blavity, 21Ninety, Home & Texture, Travel Noire, AfroTech, Shadow & Act, and Blavity TV.

    Source: Blavity Inc.

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  • 5 trends shaping banking and payments in 2023 | Bank Automation News

    5 trends shaping banking and payments in 2023 | Bank Automation News

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    With 2022 in the rearview mirror, let’s look at the trends that will shape the banking and payments space in 2023. The current elephant in the room is the looming recession, and it is essential that financial institutions manage risks and prioritize budgets while maintaining a clear route toward long-term growth.

    Tech investment will retrench to core capabilities

    Bhavin Turakhia, co-founder and CEO, Zeta

    Budgets are tightening, so financial institutions need to prioritize technology budgets as well as positive customer experiences. Initiatives that don’t improve customer experience or long-term capabilities are likely to be cut.

    Automation technologies are one way to improve the overall customer experience, decreasing response times and increasing value. Utilizing automation technology means predicting customer needs while providing them with visibility into their money. This further empowers a customer with more control, while simultaneously creating more meaningful interactions. Being a competitive force, despite tightening budgets, requires modernizing platforms to enable faster change and improving core processes through automation.

    What will the recession mean for lending and deposits?

    The current economic landscape creates a drastic impact on the way consumers will manage their finances in the upcoming months. While some will opt to place their funds in savings for a safety net, others will not have this choice and will turn to BNPL and credit cards as a solution. In fact, credit card delinquencies ticked up from 1.85% in Q1 2021 to 2.08% in Q3 2022. As lending and deposit rates increase, it is important that financial institutions provide adequate resources to prevent their customers and members from falling into delinquency.

    Innovating in a regulated environment

    Although the Durbin 2.0 amendment is currently up in the air, it does draw attention to the uncertainty that regulatory changes can bring for financial institutions, which often are fighting the innovation battle with one arm tied behind their back compared to non-banks — though some leveling of the playing field is underway at the CFPB. Despite the current disadvantage, financial institutions have the opportunity to react more quickly to the current regulatory landscape. With proper technology, financial institutions can focus less of their resources on compliance and more on innovation.

    Managing risk while capturing Gen Z growth

    It is clear that Generation Z is becoming a sizable market. With the young generation growing, it provides financial institutions with a great opportunity to appeal to this audience. Gen Z has grown up surrounded by much more technology than past generations, proving to be truly digitally native. With technology streamlining much of their lives, it is no surprise that they would also expect secure, efficient banking services that appeal to their individualized needs.

    This generation is at a pivotal point in their financial journey where habits and preferences will be formed. If a financial institution waits to appeal to this generation, they will ultimately fall behind their competition.

    Evolving competition with non-banks

    It’s no secret that emerging fintechs often compete with smaller financial institutions, decreasing bank growth and profits. Many people drift toward faster, more innovative solutions that their current financial institutions cannot provide them with, and recessions can often reveal who has a more viable business model. In the new year, resilient fintechs will grow stronger, while fintechs and banks who are not evolving might go out of business.

    As we enter this year, we can learn and grow from the trends and innovation of 2022. Customer experience is key, and technology can be utilized as a resource to further enhance these experiences while also prioritizing long-term success. It is necessary to maintain positive customer interactions while also identifying growth opportunities among future generations. Overall, automated, modernized solutions will limit risks without sacrificing growth as we enter another year filled with advancing technology and innovative solutions.

    Bhavin Turakhia is co-founder and CEO of Zeta, a banking tech unicorn and prover of next-gen credit card processing.

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    Bhavin Turakhia

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  • I Swear Gen Z Is All About This Type of Top

    I Swear Gen Z Is All About This Type of Top

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    As a millennial, I am endlessly fascinated at what trends are started by and resonate with Gen Z fashion-lovers. The resurgence of many ‘90s and Y2K styles alone has brought back so many fun fashion memories. A recent Gen Z aesthetic detail that has bubbled to the top as of late is all about skin-baring pieces. Think cut-outs, strappy tops, extra-mini skirts, and other audacious styles. In fact, one piece in particular that stands out is the super cropped long-sleeve top.

    With celebrities and influencers like Olivia Rodrigo and Emma Chamberlain as noted fans, this revealing top style is starting to pop everywhere. The versatile piece usually hits right below the bust and can be worn alone or layered with mini skirts, baggy pants, cool jeans, and more. Sheer versions of the crop top are also popular and lend to an even more boundary-pushing look. Looking for inspiration on how to style one? Keep scrolling to see 6 Gen Z-approved outfit ideas with super cropped long-sleeve tops.

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    Jennifer Camp Forbes

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  • Why Is Gen Z Saving More for Retirement than Millennials and Boomers?

    Why Is Gen Z Saving More for Retirement than Millennials and Boomers?

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    With inflation and the possibility of a recession on everyone’s mind, many are eager to safeguard their personal finances, especially retirement accounts.

    It turns out that Generation Z workers are taking those retirement savings particularly seriously — more so even than older generations, including millennials, Gen Xers, and baby boomers, per new research from BlackRock, and there are likely several contributing factors.

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    Amanda Breen

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  • Will Comfortcore Be The Biggest Design Trend Of 2023? Here’s What A Wayfair Survey And Interior Designers Have To Say

    Will Comfortcore Be The Biggest Design Trend Of 2023? Here’s What A Wayfair Survey And Interior Designers Have To Say

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    Cottagecore, cluttercore, and now comfortcore. These “core” trends have been popular in Gen Z and Millenial homes in recent years. So, will comfortcore be the biggest interior design trend in 2023? A recent survey of 2301 consumers from Wayfair UK and YouGov says “yes.” But do interior designers think this aesthetic will be equally popular on this side of the pond or just another fleeting design fad that will go away in 2023?

    What Wayfair’s Survey Says About Comfortcore

    The survey revealed that consumers wanted home to be a place to feel safe (69 percent) and to relax (67 percent). 53 percent of participants said they wanted home to be a place “to connect with family and friends,” which isn’t exactly surprising considering the events of the past two years.

    Similar to cottagecore, comfortcore has a lifestyle component. But unlike cottagecore, it isn’t necessarily a super specific design style with traditional flower prints, for example. However, in terms of style, the data revealed something quite surprising. 56 percent of respondents stated that “good interior design means something comfortable.” Seating such as sofas and chairs came out as the number one home items worth investing in, according to 51 percent of the respondents. As for how they choose these items, both quality and affordability were the top factors

    The survey also showed some other interesting findings. Gen Z participants declared the bedroom to be their sanctuaries. Living rooms came in second. While many of us have adapted to a more pre-pandemic lifestyle in recent months, the fact that people want to be comfortable at home isn’t remarkable. And while the designed inclined might want to sacrifice a little bit of comfort for something more aesthetically pleasing, there are many ways to stylishly incorporate comfortcore into any room of the home.

    What Interior Designers Say

    While consumers and interior designers often have different views when comes it comes to design (ask any designer their opinion on the modern farmhouse craze), when it comes to comfortcore, even interior designers count themselves in. “I think comfortcore is the interior design version of our casual joggers in fashion, both a bit of a response to ‘work from home’ trends sparked from recent Covid shutdowns, and also a strong desire to slow things down a touch and be more at ease in our homes,” says Jessica Risko Smith of Jessica Risko Smith Interior Design. “I like the idea of comfortcore, but not so much as a trend. We always need to feel comfortable in our homes but that can look and feel different to different people. This particular trend embraces a certain definition of comfort—tactile coziness. Our homes are always the one place we can recharge, hunker down and connect to what is most meaningful to us.”

    Tamarra Younis of Union of Art Interiors shares a similar sentiment. “We truly embrace the idea of comfortcore at Union of Art, we believe that a house only becomes a home when it is a reflection of you. Style and comfort go hand and hand to create inviting spaces for you, your friends, and your family to really live and relax in. We love to find ways to incorporate our clients’ treasures and mementos from their lives with quality furnishings and designs that will make their lives easier and more beautiful. It’s not about having a lot of things or spending a lot of money. It’s about selecting the pieces that work the best in your home and that make you feel amazing to look at and to really use.”

    Tips For A Comfortcore Style Home

    The good thing about comfortcore is that unlike many design trends including coastal grandmother and cottagecore—is that it doesn’t necessarily require a keen eye to do right. It also isn’t necessarily about perfection. However, that does not mean opting for pieces based solely on how comfortable they feel. Reclining leather sofas, wall-to-wall carpeting, and patterned fleece blankets will become never high design.

    Younis suggests starting a comfortcore look by using curvy pieces. “Avoid hard edges—soft furnishings and upholstered items are key to comfortcore! Have a nook you’re not sure what to do with? Put a big fabulous comfy chair in it with a snuggly throw blanket and a decorative pillow you want to hug. Opt for the oversized pouf ottoman to pop your feet up on instead of the traditional coffee table.”

    However, comfortcore is also about opting for pieces that evoke feelings of happiness. “Surround yourself with mementos that bring a smile to your face, mix and layer colors and textures that make you feel good. Look for dining chairs that are well cushioned, the type of chair your guest won’t want to get up from after a long and leisurely dinner party as they sip on another glass of wine,” explains Younis.

    Smith tells me accessories are essential for creating the comfortcore look. “Consider adding a boucle pillow to your sofa, or adding soft chunky knit throws to your lounge chairs. In a more eclectic interior, layering patterns add a feeling of coziness. Incorporating mixed metals and textured pottery into day-to-day items is a great way to layer in a feeling of warmth.”

    Minimalist interiors can sometimes have a cold vibe and benefit greatly from elements of comfortcore. “With a minimal interior, your bedding can have a billowy, gauzy feeling and you can incorporate warmer color temperatures in your lighting,” says Smith.

    Make It Personal

    One key element of comfortcore is nostalgia and adding personal touches. Unlike many design trends, the point isn’t for a space to feel like a showroom. “Whether it’s old black and white family photos, maps of places that are dear to your heart, or treasures that you’ve collected on your travels around the world—fill your home with the things you love and are a reflection of you as a person,” says Younis, “These unique pieces are the things that will bring your home to life.”

    Most importantly, she tells me, is that true comfortcore a reflection of the person living in the home, “Anyone with the means to, can purchase a nice upholstered chair. The thing that is interesting and different about comfortcore as a concept, is that it’s not just about having great furniture and following the trends- it’s about creating a space that is wholly yours and that brings joy and a sense of ease to you as you live and grow within it.”

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    Amanda Lauren, Contributor

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  • Hey, Quick Question: Why do Cosmetics Brands Keep Collaborating With Late Artists?

    Hey, Quick Question: Why do Cosmetics Brands Keep Collaborating With Late Artists?

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    Welcome to our column, “Hey, Quick Question,” where we investigate seemingly random happenings in the fashion and beauty industries.

    MAC Cosmetics’ Whitney Houston collection is here, and it’s chock-full of the hyper-glam, 1980s-perfect staples with which the late vocalist remains associated to this day. Marked by bold smokey eyes and bold red and metallic-brown lips, Houston’s beauty regimen was as iconic as she herself was, throughout all her decades of fame. And now that it’s shoppable in luxe gold packaging, fans can get a small piece of her cult of personality, created alongside and approved by the Whitney Houston Estate itself.

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    Maura Brannigan

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  • Get After Your Bucket List This Black Friday; EF Ultimate Break to Discount Trips Up to 35%

    Get After Your Bucket List This Black Friday; EF Ultimate Break to Discount Trips Up to 35%

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    Starting Nov. 10, EF Ultimate Break will offer huge savings (up to $1,200 off) on amazing trips for travelers 18-35 to destinations worldwide

    Press Release


    Nov 10, 2022 10:00 EST

    EF Ultimate Break (UB), a leader in immersive group-based Gen-Z and Millennial travel experiences, just announced its biggest Black Friday travel deals ever, and the savings are huge.

    The sale will include doorbuster deals of up to $1,200 (or 35%) off select destinations known to top bucket lists — like Japan, Greek Islands, Bali, Egypt, Europe, and more.  

    The entire EF Ultimate Break experience, from finding a trip to booking a curated adventure, is designed to appeal to the evolving way Gen-Z and Millennials plan and experience travel. This includes flights and accommodations, airport transfers, meals, FOMO-inducing photo moments, an amazing Tour Director, the perfect amount of free time, and an engaging group environment perfect for making travel friends. Think epic trips, zero stress.  

    Starting today, Ultimate Black Friday deals are live through Nov. 28. Head to UB’s website to get first dibs on the best deals of the year. 

    New trips being announced: 

    What’s So Incredible About Group Travel With EF Ultimate Break? 

    • Plan a Trip Stress Free: From handling all the stressful booking to payment plans to superhero Tour Directors, UB makes seeing the world simple for everyone. Because travel should be low on stress and big on adventure.  
    • Go Alone. Or With a Friend: Many travelers start solo but leave the trip with lasting friendships and a passion for travel.  
    • Choose From 65+ Global Destinations: Travelers can book itineraries across multiple continents and countries ranging from backpacker-style to Ultimate Plus (upgraded hotels, extra meals and only one roommate). 
    • Flexible Payment Options: All trips offer competitive pricing and multiple interest-free payment plans to make traveling more accessible.  
    • 24/7 Support: Travelers get 24/7 emergency support from the global EF team.  

    Travelers can visit www.efultimatebreak.com for more information and to see all available trips. Check out some of the amazing destinations on EF Ultimate Break’s Instagram and TikTok

    EF Ultimate Break: 

    EF Ultimate Break is the best way to experience the world for anyone 18-35. With 65+ trips, everything from airfare and accommodations to interest-free payment plans and daily breakfasts are included. As a proud part of EF Education First, EF Ultimate Break draws on 55 years of EF expertise to add amazing  travel experiences to its growing tour portfolio. EF, the world leader in international education, has helped millions of people throughout its history learn a language, discover the world or earn an academic degree. 

    Source: EF Ultimate Break

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  • The Ultimate Generation Z Gift Guide: 34 Items That Are Definitely Cool Enough

    The Ultimate Generation Z Gift Guide: 34 Items That Are Definitely Cool Enough

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    If you’re on TikTok, you may have happened to scroll past many gift guide videos all set against the cheeriest holiday songs. It’s not even Thanksgiving yet, but it seems like everyone’s ready for December. While I don’t celebrate the holidays that happen around this time of the year, I still found myself perusing through the #HolidayWishList hashtag on the app for nothing but personal amusement in my free time, and thought I’d gather my finds for you to shop from in one place.

    After watching what seems like 100 videos and using my own preferences and gift-giving skills to navigate through the most popular retailers, I rounded up 50 of the best items to create the ultimate Generation Z gift guide. Whether you’re looking to shop for a Gen Z person in your life or you just happen to align with the more youthful aesthetic and want some shopping inspiration for yourself, then you’ve come to the right place.

    As a Gen Z myself, I ended up adding some products from below to my own personal shopping wish lists. Yep, they’re that good. From $14 to $400, there’s a variety of price points to choose from in this mix. I’m warning you—these products will sell quickly, especially as we get closer and closer to the holidays. 

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    Yusra Siddiqui

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  • American Non-Profit Organization, dzQuest, Partners With Hyperlink Infosystem to Develop New Social Media Platform

    American Non-Profit Organization, dzQuest, Partners With Hyperlink Infosystem to Develop New Social Media Platform

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    Announces NFT Campaign for Charity and Affordable Housing Tower for Gen Z in Miami-Dade

    Press Release


    Oct 12, 2022

    David Zandi, the founder of Miami-based 501(c)(3) organization dzQuest.org, has announced an agreement with Hyperlink Infosystem to develop a social media platform tailored for the Gen Z and Electronic Dance Music (EDM) communities. Code-named “WinterDew,” the project began development on Oct. 10. The project is expected to be completed in March 2023.

    Hyperlink Infosystem’s key clients include Google, Discovery, Viacom, Disney and BBC. This partnership will allow dzQuest to create a much-needed service for the Gen Z and EDM communities, while creating opportunities for Miami-Dade county.

    “We are very excited to be working with Hyperlink Infosystem on this project,” said Zandi. “I wanted a platform for genuine connections between real-life friends and a place where Gen Z can be themselves and find acceptance.”

    Zandi, a marketing executive specializing in Gen Z campaigns, has spent the past eight years working for global conglomerates, setting up local campaigns in 111 countries. The brands remain steadfast and united in supporting the social media platform initiatives by providing funding and resources for the music festival and other events to be hosted by David Zandi. Zandi intends to invest future advertising revenue toward initiatives for Gen Z. This includes giving away VIP passes to the Ultra, Tomorrowland and EDC music festivals, Burning Man, and a planned 2,000-unit affordable housing tower in Miami.

    Since the conception of this platform, there has been great interest from both sides of the aisle in D.C., in the potential application of this platform to engage future voters. This application has the potential to revolutionize the way campaigns are run by making it easier for candidates to connect with future voters.

    In the coming weeks, a major bank will be selected to become the official payment processor and to integrate the social media platform with their banking system. This deal is expected to generate $700 million in revenue in 2023 for the banking partner. In December, a traditional media company will receive broadcast rights to the exclusive music festivals hosted by David Zandi. This deal will generate $800 million from advertising revenue for the media company in 2023 from the 40 festivals.

    Zandi’s photography and volunteerism have always been about giving back to the local community. To that end, he is launching an NFT campaign to highlight his past work and raise funds for his charity. Each NFT will be listed for 33 ETH, with his iconic 9/11 badge being listed for 3,333 ETH.

    ABOUT  dzQuest

    dzQuest is a registered  501(3)c non-profit dedicated to supporting and amplifying the voices of Gen Z, especially as it relates to music and entertainment events. The organization’s NFT collection can be found at OpenSea at https://opensea.io/dzquest.
     

    ###

    PRESS  CONTACTS

    dzQuest – Brand, Bank and Corporate Relations
    David Zandi
    Press@dzQuest.org
    2045 Biscayne Blvd, Suite 352
    Miami, FL 33137

    Hyperlink Infosystem
    Harnil Oza
    ceo@hyperlinkinfosystem.com
    One World Trade Center
    285 Fulton Street suite 8500
    New York, NY 10007

    Source: dzQuest

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  • People Are Starting to Get Really Annoyed by ‘Quiet Quitting’

    People Are Starting to Get Really Annoyed by ‘Quiet Quitting’

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    In the beginning, there was “quiet quitting.” And it was good.

    Burned-out Gen Zers and across the country stopped over-extending themselves at work to take more time for mental health.

    The Tik Tok trend then morphed into a series of offshoots, including quiet firing, quiet hiring, and fast quitting.

    But now, some in the workforce are starting to say enough is enough. They wish the quiet quitters would just quit already.

    A new survey by LLC.org looked at the most annoying coworker habits and found, you guessed it, that quiet quitting was among the most irritating.

    More than six-in-ten (62%) find the trend incredibly annoying, with more than half (57%) saying they’ve recently noticed a colleague who has “quiet quit.” Of those, 57% say they’ve had to take on more work because their colleague decided to do less.

    Gen Z and Millennials started quiet quitting, so perhaps it should come as no surprise that Baby Boomers and Gen X are the most fed up with the trend. But a majority of Gen Z and Millennials also disapprove, calling it “anti-work.”

    Other annoying coworker habits

    LLC.org surveyed 1,005 full-time employees across the U.S. Fifty percent of respondents were male, and 50% were female, with an average age of 38.

    And boy, were they testy.

    A majority of workers (83%) say they work with someone who gets under their skin. According to respondents, 22% say it happens daily, while nearly half (47%) say it happens a few times per week.

    Gen Z is the most annoying generation, according to the survey, with 59% of respondents saying Z is the least productive.

    In-person coworkers are more annoying than remote coworkers, and mid-level coworkers are the worst of all the tiers (33%).

    Other coworker annoyances include: complaining, laziness, arrogance, and interrupting.

    And workers’ frustrations don’t just stop at the way people act—they’re also bothered by the way people speak. Here are some of the terms they wouldn’t mind being banned forever from the office.

    “Quiet quitting” was not on the list, but probably should be.

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    Jonathan Small

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  • Challenger banks: Disrupting the Swiss market  – Banking blog

    Challenger banks: Disrupting the Swiss market – Banking blog

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    This blog is the first in a series on the impact of challenger banks on the Swiss market. It provides insights into how challenger banks threaten to disrupt traditional banks, the different types of banks that are entering the market, and the need to adapt the challenger banks’ operating models to grow successfully.

    Today, banks are changing rapidly to keep up with their customers, who are demanding better experiences and more sophisticated products and services from their providers. For most people, visiting a bank branch used to be the main way of interacting with their bank. However, more and more people are choosing to interact with their banks digitally rather than through a traditional bank set-up.

    This has led to the rise of challenger banks, allowing new entrants to gain momentum and increase their market share in the Swiss banking sector. They have achieved this by offering a superior digital user experience compared to traditional players, by leveraging strong capabilities in technology and focusing on customer centricity. Naturally this raises the questions:
    • To what extent are challenger banks a threat to the market share of traditional banks?
    • Are traditional banks able to keep up with the rapid pace of innovations and customer-centric offerings?

    A problem for traditional banks today is that they are bound by legacy systems and have rigid operating models and governance structures. Even so, many market players have been innovative in adopting new systems and technologies, and in customising client journeys. Upgrading to highly customised systems is costly and does not always justify the cost, ultimately leading many banks to hold back their system upgrade plans. Additionally, the systems of traditional banks have been pieced together over years by internal developers and external outsourcers. This has made them sluggish in keeping up with innovative challenger banks which are changing the banking market status quo.

    Brief history of Swiss banking

    Brief history of Swiss Banking_blog
    Swiss bank development – Source: Deloitte internal research

    The legal and regulatory framework of the Swiss banking sector played an important role in allowing Switzerland to become the banking powerhouse it is today. Since the foundation of the first public bank in Switzerland in the 16th century and up until today, five centuries later, their dominant position was not challenged. Historically, banks owned the entirety of their value chain and differentiated their offerings by creating product and service packages for customers at slightly different rates than their competitors. However, the core operating model has remained the same and has always consisted of building customer relationships and distributing services through brick-and-mortar branches.

    Business models in the banking industry evolved slowly until the creation of the first challenger bank in 2009 which accelerated the business model transformation to keep up with changing customer demands. Backed by private funding, challenger banks have since filled a gap in the market by addressing the increasing demands from customers for innovative features as well as “real-time” transaction speeds. With their new operating models, challenger banks are building large customer bases and are intent on dominating the market. However, they need to obtain a banking licence and address a multitude of regulatory requirements − just like traditional players, which are more experienced and still hold a majority share of the Swiss market.

    Gaining market share whilst addressing regulatory and operational challenges

    Although challenger banks aim to compete with traditional banks by using mobile-centric technology and targeting specific customer segments, they face some challenges to successful growth. We identify four distinct types of banks in the market, each with their unique challenges.

    Challenger banks_Categorization of challenger banks – Source: Deloitte internal research

    Main regulatory and operational challenges for challenger banks in the Swiss market include but are not limited to:
    Licence vs. no licence: Without a banking licence, organisations can still offer prepaid cards, permitting customers to cap the foreign currency fee. However, to generate revenue and make profits, expansion is needed into other financial products and services, such as personal loans, mortgages, credit cards and digital assets. A question is whether it would be more profitable to partner with existing traditional players or to undertake a rigorous and time-consuming banking licence application process.

    Client due diligence and ongoing monitoring: To provide adequate evidence of compliance with Swiss banking regulations and banking secrecy laws it is necessary to establish a client risk assessment framework, relevant policies/procedures and appropriate transaction monitoring alerts. A lack of regulatory and compliance expertise and poorly defined processes might result in failure to gather sufficient information to identify high risk customers, such as politically exposed persons (PEPs), sanctioned individuals and money laundering organisations.

    Governance and internal controls: The governance of Swiss banks is characterised by a strict separation of activities between the board of directors, which is responsible for oversight, and the executive management. There may be a lack of clearly defined roles and responsibilities for each core product offerings and internal functions, and insufficient monitoring of compliance with applicable regulatory requirements. This leads to increased FINMA scrutiny, exposure to financial fines, and reputational risk.

    Compliance risk management: This is a major concern for challenger banks of all sizes. The complexity of region-specific banking rules and regulatory risks means that even major banks with large compliance teams struggle to stay compliant.

    Combatting risks in line with the evolution of the business model

    There are only limited differences between the regulatory and financial crime risks faced by challenger banks and those facing traditional retail banks. Unlike traditional banks, which have large legal and compliance teams, challenger banks are thinly resourced and face increasing pressure from regulators. It is therefore vital for challenger banks to evaluate and mitigate their risks continually, in line with their evolving business model. The most critical and urgent areas for both new and existing challenger banks to focus on are summarised below:

    Banking licence: Before engaging in business operations to offer a wider range of financial products and services, challenger banks should obtain authorisation from the Swiss Financial Market and Supervisory Authority (FINMA). Applications for a licence must be submitted to FINMA in an official Swiss language, containing general information with supporting documentation about their intended operations. The lead time for obtaining a licence is between 6 to 12 months, depending on the quality, completeness and complexity of the application.

    Operating model: Banks should build a robust target operating model with clearly defined roles and responsibilities, to ensure that their various business functions are lean and compliant. They should enhance the customer journey with innovative and risk-based measures to meet their ambitions for growth and profitability.

    Client risk assessment: They should define a robust and flexible risk assessment framework to determine standard and enhanced client due diligence checks,
    with the ability to identify the ultimate beneficial ownership in complex structures, manage financial crime risks and trigger adequate transaction monitoring alerts.

    Control framework: They should avoid regulatory risks relating to anti-money laundering, KYC, banking secrecy, PEP, and sanctions, through risk-based customer screening and appropriate systems. They should enhance their reporting and operational resilience with quality assurance controls.

    Conclusion

    As challenger banks continue to attract more customers and expand their operations in Switzerland, they must pay close attention to the requirements of FINMA and the Swiss Bankers Association (SBA). Balancing regulatory compliance with achieving internal operational growth can be a challenge for many newcomers. It is therefore crucial that challenger banks should manage regulatory and compliance risks effectively by establishing a robust operating model, to position themselves for growth and operational resilience in the Swiss market.

    If you would like to know more about the landscape for challenger banks and how Deloitte can help, please reach out to our contacts below.

    Sources:
    [1] https://www2.deloitte.com/ch/en/pages/financial-services/articles/digitalisation-banking-online-covid-19-pandemic.html

    [2] https://www.fca.org.uk/publications/multi-firm-reviews/financial-crime-controls-at-challenger-banks

    [3] https://www.globallegalinsights.com/practice-areas/banking-and-finance-laws-and regulations/switzerland?msclkid=53079fa6c72711ec8fd3352e9249c895

    [4] https://uk.practicallaw.thomsonreuters.com/w-007-8999?contextData=(sc.Default)&msclkid=b9229eccc72411ec8b01e08fcdff0f31&transitionType=Default&firstPage=true

     

    Sergio Cruz

    Sergio Cruz, Partner, Consulting

    Sergio is the lead Partner of Deloitte’s Business Operations practice in Zurich and has more than 25 year of experience in Consulting. He focuses on large scale front-to-back digitalisation programs in financial services and has worked on several large assignments both in Switzerland and abroad, covering the implementation of regulatory requirements and the definition as well as implementation of target operating models and process optimisations.

    Email | LinkedIn

    David Klidjian_3 (002)

    David Klidjian, Director, Consulting

    David is a Director in Consulting and leads Deloitte’s Business Operations Banking Industry for Switzerland. He has significant experience of Investment Banking and Wealth Management working in the UK, US, Asia and Switzerland. His focus area is on large Front-to-back operations transformations and setup and expansion of new banking operating models.

    Email  | LinkedIn

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    Lena Woodward

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  • Stadium Live Raises $10M Series A Led by KB Partners and Union Square Ventures to Build the Digital World for Gen Z Sports Fans

    Stadium Live Raises $10M Series A Led by KB Partners and Union Square Ventures to Build the Digital World for Gen Z Sports Fans

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    Press Release


    Jul 28, 2022

    Stadium Live, the leading platform for Gen Z sports fans, today announced its $10 million Series A funding round led by KB Partners and Union Square Ventures. Kevin Durant’s 35 Ventures, Blaise Matuidi’s Origins Fund, Dapper Labs Ventures, Position Ventures, Valhalla Ventures, 6th Man Ventures, Alumni Ventures, and Breakout Capital also participated in the round.

    The company previously raised a $3 million seed round from Union Square Ventures, as well as Golden Ventures, Maple VC, Intonation Ventures, and Secocha Ventures.

    “Throughout my career, I’ve seen firsthand Gen Z sports fans’ desire to connect with their teams and fellow supporters on a deeper, more interactive level,” said Blaise Matuidi, co-founder of Origins Fund and 2018 FIFA World Cup Champion. “Stadium Live is the most relevant way for fans to gather and engage in the sports ecosystem. I’m very happy to be part of the Stadium Live adventure alongside an incredible champion like Kevin Durant.”

    Stadium Live emerged on the tech scene with an innovative sports platform, garnering over 500,000 users1 to date. The company is quickly becoming the go-to platform for a new generation of Gen Z sports fans. 

    Traditional sports viewership among Gen Z is on the decline, with Gen Z sports fans increasingly favoring short-form content on platforms like YouTube, Instagram, Snapchat, and TikTok2. They also increasingly identify themselves as gamers, with 87% of Gen Z playing games on their smartphones weekly, if not daily3. Gen Z is also an early adopter of vertical social networks centered around a specific interest. Vertical communities like Stadium Live are among the fastest-growing social platforms in the world4.

    Stadium Live combines elements of a social network with short-form sports-focused gameplay meant to appeal to a new generation of sports fans. The company is making waves in the sports tech space, particularly among the Gen Z audience which has clung to the platform for its unique combination of social features and sports gameplay. Ninety-three percent of Stadium Live’s users are Gen Z sports fans. 

    “We are thrilled to partner with Stadium Live on their mission to create new and unique experiences for a new generation of sports fans,” said Lance Dietz, Partner at KB Partners. “The future of fandom is evolving rapidly and Stadium Live is pushing the envelope on how fans engage with their communities, sports properties, and brands.”

    Stadium Live is a digital world where Gen Z sports fans express their fandom. Users create a custom avatar, collect unique items, chat and make friends with other sports fans, and participate in sports-focused gameplay and livestreams to earn coins and level up their avatar. Users then spend their coins on unique items for their avatar and power-ups to use in matches, and in one-on-one battles to test their sports knowledge against other players.

    “Stadium Live is providing this new generation of sports fans with a novel and mobile-first way of expressing their fandom,” said Andy Weissman, Managing Partner at Union Square Ventures. “We’re excited to continue to partner with Stadium Live as they continue to grow and redefine the sports industry.”

    A recent partnership with Fan Controlled Football, an up-and-coming alternative football league also taking a Gen Z-focused approach to football, was just announced with Stadium Live, playing a key role in enhancing the ways the league engages with its fans digitally.

    “The sports industry has been slow to adapt to a new generation of digitally native fans,” said Kevin Kim, CEO of Stadium Live. “We pride ourselves on developing a platform for the community and with the help of the community. Sports is more than just sports to Gen Z — it is culture, music, fashion, and so much more. Our focus is on building the tools to let people interact with each other within the metaverse. We’re building more than just an environment, we’re building a community.”

    Stadium Live is available today on iOS, with an Android release slated for Q4 2022.

    Product Screenshots & Videos can be found here: https://www.dropbox.com/sh/xq4s3xusuohl70s/AAAs13s4IDFpwk0MHJun6XxZa?dl=0

    About Stadium Live Studios

    Stadium Live Studios was founded in 2020 with one goal in mind: to revolutionize the sports industry by building the digital playground for millions of next-gen sports fans to play, hang out, and express themselves.

    Its platform Stadium Live is available worldwide on IOS and serves as a one-stop shop for sports fans looking to express themselves in a unique way, meet communities of like-minded fans, and compete for prizes.

    For anyone curious about what Stadium Live is doing next, sign up for the app for free on the App Store or visit stadiumverse.com. For press and partnership inquiries, please contact mat@stadiumliveapp.com.

    1User figure represents registered users who complete the creation of an avatar.

    2https://www.immersiv.io/blog/gen-z-sports-media-innovation/

    3https://fortune.com/2021/04/19/gen-z-gamers-video-games-media-entertainment-outlook-changes-future/

    4https://a16z.com/2020/12/07/social-strikes-back-fastest-growing-apps/

    Source: Stadium Live Studios Inc.

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