Stessa Cohen

@stessacohen@techhub.social
27 Followers
63 Following
138 Posts
Advisor, analyst & consultant for #fintechs #finserv #FIs. Enthusiast: History, early American and otherwise. former: Gartner, banker, startup. Advisor: @bliplabs
Newsletter: http://pivotassets.substack.com
Fintech Playlist ๐Ÿ’ฟ Week 92

The something-for-everyone mix this week ๐Ÿ’ฟ Efi Pylarinou Nicole Casperson Richard Turrin Ariel Serber David Birch Alex Johnson Simon Taylor Jason Mikula Theodora Lau ๐Ÿ’ฏ Jim Marous To overcome these headwinds, financial institutions must transform into agile, customer value-driven enterprises initia

Why do so many banks fail at innovation? They try to do too much at once. Small innovations can lead to big rewards --> https://open.substack.com/pub/pivotassets/p/stop-failing-at-transformation-and?r=113t0&utm_campaign=post&utm_medium=web
Stop Failing at Transformation & Deliver Small Innovations

Banks are failing at digital transformation. Small innovations throughout the bank can improve customer experience, introduce new technologies, and create new opportunities to disrupt and compete.

PivotAssets
Financial inclusion, access to credit and US Post Office branches: an analysis in 3 parts: https://open.substack.com/pub/pivotassets/p/financial-inclusion-and-credit-access?r=7jsth&utm_campaign=post&utm_medium=web
Financial Inclusion & Credit Access & Post Office Banking: What You Need to Know

Setting up banking at US post office branches sounds like a simple fix to improve financial inclusion. What are the real challenges and opportunities to increase access to credit?

PivotAssets
One of the reasons I write my newsletter is that I can think about #fintech, #banking issues from new & different perspectives. This week I wrote about Norway's successful migration to EVs and what #bankers & #CIOs can learn from this country's transformation. cc @AlexJimenez @barbmaclean
@paymentologist @jimperry
https://pivotassets.substack.com/p/five-things-your-bank-can-learn-from
Five Things Your Bank Can Learn from Norwayโ€™s Success Migrating to EVs

To succeed with digital transformation, your bank must learn from Norway: measure, acknowledge & pivot with the changes that transformation brings to your organization, staff, & customers.

PivotAssets

I have not owned a car in over a decade. I sometimes think about the convenience of owning one, but the environmental impact and expense always turns me off. And this news certainly won't help. In December, the average cost of a car sold in the US was $49,507. ALMOST $50,000?!? Did I somehow miss that cars can fly now or something?
๐Ÿš˜ ๐Ÿ’ฐ ๐Ÿ’ธ ๐Ÿค‘ ๐Ÿ˜ก

https://money.com/average-new-car-price-record-high/

You Now Need $50,000 to Buy an 'Average' New Car

A strong month for truck sales pushed average new car prices to a record high just under $50,000.

Money
How are chip bags like bank products & services? Corps are re-inventing bags so they use recyclable materials, not plastic. hard but not impossible. https://www.linkedin.com/posts/stessacohen_how-pepsico-is-trying-to-get-doritos-and-activity-7056620153316208640-qa2o?utm_source=share&utm_medium=member_desktop
Stessa Cohen on LinkedIn: How PepsiCo is trying to get Doritos and Cheetos bags into compost bins

Chip snacks are more popular & profitable than ever. "Frito-Lay North America and Quaker Foods North America subsidiaries, which produce products like Layโ€™sโ€ฆ

I enjoy data that busts common myths about a traditional demographic segment. Gen Z bought more homes than Millenials. And social media - not #banks or #PFM or #challengerbanks or #fintech - may be helping them do that.

"The increased focus on social media by each successive generation may have been another factor for Gabriel.

"I watched a lot of YouTube videos by other people my age about how they were able to buy their homes at 21 and 22," she said. "It really pushed me."

https://www.businessinsider.com/gen-z-higher-homeownership-rates-than-millennials-at-age-25-2023-4

Gen Z is buying up homes. They got lucky, and millennials got screwed.

More Gen Zers are achieving the dream of homeownership, which was largely out of reach for millennials foiled by economic downturns at pivotal points.

Insider
@dennisfischman that's your nephew's new gig ๐Ÿ˜ƒ
Brunchaholics Philadelphia on Instagram: "Jerk Salmon Cheesesteak!! Only at @brunchaholics.philly come on over to 2499 Aramingo Ave, Ste E 19125 in Fishtown, we would love to serve you! Tues-Fri 9am-9pm Saturday 8am-8pm Sunday 8am-7pm Check out our menu in the bio!!"

April 19, 2023 - 14 likes, 0 comments - Brunchaholics Philadelphia (@brunchaholics.philly) on Instagram: "Jerk Salmon Cheesesteak!! Only at @brunchaholics.philly come on over to 2499 Aramingo Ave, Ste E ..."

Instagram
Liftoff!!! #Juice #Juicemission is on the way to #destinationjupiter !
All of the rocket components have done their job, JUICE telemetry has been acquired by the European Space Operations Center #ESOC in Darmstadt, Germany.
Bon voyage, sretan put i dobro more on the 8 year journey to the icy moons of Jupiter (y) (y) (y)
#esa #europeanspaceagency