Remove Download Remove Millennials Remove Operations Remove social media
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Fighting Financial Awkwardness With Faster Payments?

PYMNTS

Be it an Uber ride, a music or video download or access to banking services, consumers expect instant gratification. The peer-to-peer mobile payment service offers a social media element aimed at making the exchange of money more fun for both sides of the transaction.

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Chatbot Tracker: To Jump Or Not To Jump On The Chatbot Wagon?

PYMNTS

Before a certain social media giant started participating in the chatbot scene, consumers were required to download various apps on their devices for access. After the social media site’s Messenger announcement last April, we’ve seen more businesses clamoring to move into the chatbot game.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations.

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An Appetite For Unattended Restaurant Solutions?

PYMNTS

Americans, especially millennials, are hungry for restaurant innovation. Unattended retail technology for restaurants is designed to do just that, by simplifying restaurant operations and allowing businesses to cut labor costs by automating the ordering process. Dining’s brave new table technology future.

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In The Push For P2P Prominence, Zelle Emphasizes Instant Gratification

PYMNTS

Notable players in the FinTech P2P space include Square Cash and PayPal-owned Venmo, which has gained popularity for incorporating social media elements to appeal to younger consumers while helping users overcome the “ awkwardness of money ,” as the company likes to say. Selling Parents (And Their Millennial Kids) on P2P.

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Can Subscription Commerce Revive Floundering Movie Theaters?

PYMNTS

Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. First founded in 2011, MoviePass now operates under the leadership of Mitch Lowe, who co-founded Netflix and previously served as president of Redbox.

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Matchmaking Millennials To The Experiences They Desire

PYMNTS

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. Many consumer businesses operate with very high fixed costs and oftentimes have excess capacity to fill, he explained. BB: With supply obviously comes demand.