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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Currently, millennials’ combined financial assets come up to $4.5 trillion in wealth.

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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. It will also help them expand their business in a particular city.

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Warehouse Robots Pave The Way For More AI Logistics

PYMNTS

That said, increasing use of AI within the supply chain promises even “better predictions will improve inventory management and demand forecasting, too, freeing up cash and storage space,” the report said. This minimizes the amount of time it takes to complete the majority of the company’s online orders.” AI Benefits.

Retail 197
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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers

PYMNTS

“Over the past few months, we’ve seen the COVID-19 pandemic firsthand, [and] it has catalyzed eCommerce – introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 to 2020,” Chief Operating Officer Harley Finkelstein said on the company’s earnings call.

Retail 181
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From Online to Mobile to Mobile-Only

Banking 2020

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. Featured mobile banking mobile only online banking'

Mobile 40
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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

From virtual personal assistants to video games, smart cars, online customer support, and music or movie recommendations, AI has infiltrated nearly every aspect of consumers’ everyday lives. Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. Yes, we can all thank AI for our Netflix addiction.

Retail 177
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Prevention is the Key to Stopping Elder Financial Exploitation & Fraud

Abrigo

In what's now being referred to as the "Age Wave," ten thousand baby boomers will turn 65 every day until 2030, creating a larger pool of potential victims for fraudsters and scammers. Navigating Regulatory Haze: Banking Cannabis-Related Businesses and Managing Risk. Top 5 Myths Around Banking Cannabis-Related Businesses (CRBs).

Fraud 195