article thumbnail

Banks Bring Coffee Shops To New Branches

PYMNTS

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120
article thumbnail

Oars + Alps Gets $1.3-Million Funding Boost

PYMNTS

Chicago-based men’s grooming line Oars + Alps is hoping to change that with its $1.3-million Financing for this round came from Breakout Capital and the Levy family’s investment avenue. Our goal is to create a year-round skincare line for millennials guys. million round of seed funding.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Beacons Make Luxury Apartments More Luxurious?

PYMNTS

Depending on your persuasion, millennials’ generational lack of interest in buying real estate can be chalked up to their inherent indolence, their preference for communal and urban living arrangements or their lagging finances. through residents’ smartphones. .

Chicago 100
article thumbnail

Can Politicians Give The Global Sharing Economy A Boost?

PYMNTS

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.”

article thumbnail

What The Great Time Revolution Means For Consumers

PYMNTS

Millennials and bridge millennials (32- to 42-year-olds) are the demographic cohorts who have most shifted the time and day of their grocery shopping. The book was based on her 1931 doctoral thesis at the University of Chicago. Home Is Where the Economic Production Is. Image Source: [link].

article thumbnail

Roomi: Trust But Verify Roommates

PYMNTS

As announced in November , the company raised $11 million in Series A funding, culled from the London-based Atami Capital, with the participation of several other firms. The latest capital raised will bring London onto the roster. Roomi counts one million users among its registered base and 250,000 rooms on its platform.

article thumbnail

Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. Alternative lenders are learning more about fraud to their dismay and access to capital.