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Millennial-Focused Digital Bank Empower Finance Raises $20M

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San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The opportunity is large in the sector, as digital banks represent only about 3 percent of the overall market.

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Millionaires, Millennials And The Great Avocado Debate

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Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News

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The San Francisco-headquartered startup runs membership-based healthcare clinics and was launched by internal medicine doctor Tom Lee, who served as the company’s CEO until 2017. independent sales organizations sold terminals and card processing, mostly to brick-and-mortar merchants. Battle For Millennials.

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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

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The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. Sometimes customers don’t have cash, or don’t have the right amount, and cards are fast and convenient.”. Millennials prefer to use cards for smaller transactions, namely those under $5. The Kiosk Evolution.

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Taking A Sharing Economy Approach To Hotel Booking

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They can then choose the regions or neighborhoods in which they are comfortable staying, and pay for their room with a credit or debit card via Stripe. The company’s target market includes Gen Z and millennials. The company offers rooms in markets like New York, San Francisco, Nashville, New Orleans, Chicago and Orlando.

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Why Technology Is Actually Helping Cash Thrive

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Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. market, they are still far from replacing cash. But even with these new choices, Americans still cling to cash when making many purchases. percent in 2015.

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Chatbot Tracker: Pizza, Fashion & Cloud Computing

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His presentation at the Oracle OpenWorld conference in San Francisco included a demonstration of a Messenger chatbot for an iPhone, built using with Oracle software. Ellison’s bot was named Oracle Mobile Procurement — not the snazziest of names — and showed how one could place an order for new business cards. Happy botting!