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Mobile Ordering, The New Window To Winning Over Millennial Consumers

PYMNTS

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

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Pepper Is Teaming Up With Playbuzz To Make Mobile Banking Fun

PYMNTS

Pepper, the mobile banking app by Israeli Bank Leumi, is aiming to lure millennials to the service by teaming up with Playbuzz, the digital authoring platform. The goal is to improve the user experience and boost engagement by providing personalized content, noted the report.

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Fighting Financial Awkwardness With Faster Payments?

PYMNTS

PYMNTS recently caught up with Venmo’s Chief Operating Officer, Mike Vaughan, about the service’s millennial appeal, how mixing social media and finances changes the payment dynamic and how payment trends are poised to change — thanks to faster payment solutions and offerings. A Cure for ‘The Awkwardness of Money’?

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Payments 2016: The Year Mobile, Biometrics And Trust Converged

PYMNTS

In response, financial services providers have ramped up their efforts to satisfy the increasing demand for more convenience and speed of mobile-first users in a way that seamlessly mitigates risk and creates trust. With this in mind, financial institutions have invested heavily in biometric authentication user experiences.

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Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

Between 2017 and 2060, it’s expected that approximately $50T will change hands in what will be the largest aggregated transfer of wealth in history. Robinhood also claims to have added 3M new accounts in Q1’20. . Below, we dig into emerging trends in the wealth tech industry. Source: Deloitte. What’s next?

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Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

At the same time, we read the reports of year-over-year declines in foot traffic, see nearly 11,000 store locations shutter since 2017 and have 200 million square feet of unoccupied retail space in malls and main streets up for grabs. And it did so via a channel that was not at all conducive to a digital shopping experience.

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Why Innovation Is Nothing Without Distribution

PYMNTS

Success is now defined by the ability to reach a critical mass of users – consumers or businesses – efficiently and effectively … where time is an important currency, as is the ability to influence and/or control that end user experience. And who will influence how innovation happens. Or at their desks during their lunch hour.