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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

In the August edition of the Payments And The Platform Economy Playbook , PYMNTS examines how marketplaces are using technologies such as artificial intelligence (AI) and mobile payments to innovate the customer experience. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. Around the Payments And The Platform E conomy.

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How Mobile Technology Is Changing Insurance Claims

PYMNTS

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

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The Buyers: Millennials Love-Hate Chain Restaurants

PYMNTS

According to contradicting views, millennials are both hooked on chain restaurants while simultaneously killing their existence. Technology has lent itself to increasing the amount of mobile delivery orders, but there are additional contributing factors pulling from both sides of the restaurant spectrum. billion by 2020.

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Mastermind Behind Fyre Festival Also Failed a Payments Company

Bank Innovation

Unless you have blocked all social media channels at once for the past few days, you have heard of Fyre Festival: a luxury, millennial-focused music festival (tickets sold for up to $12,000) that quickly turned chaotic. The now-cancelled festival organizers are currently facing a $100 million class-action lawsuit.

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How Payment Platforms Connect Merchants With Augmented Reality

PYMNTS

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. The firm chose a Kenyan brand, Huddah Cosmetics , as the first social commerce merchant on its Mula service to roll out the platform.

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China’s digital yuan pilot tally reaches $5.3B | Why millennials & gen-Zs are jumping on the buy now, pay later trend | Companies Going Public in 2021

Bussman Advisory

The latest edition of the FinTech Ecosystem Newsletter is here : The post China’s digital yuan pilot tally reaches $5.3B | Why millennials & gen-Zs are jumping on the buy now, pay later trend | Companies Going Public in 2021 appeared first on Bussmann Advisory AG.

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Toyota Plans To Turn Millennials Into Car Owners

PYMNTS

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.