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Can a Mobile Lending App Save Millennial Credit Ratings?

Bank Innovation

Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Lenny is meant for mobile (of course) and launched today in California.

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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. They are also an experimental bunch, with 30 percent of them having tried a new merchant in the past month, according to the PYMNTS Connected Consumer Playbook.

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BJ’s On The Block, Amex’s Millennial Problem And Another Big Breach

PYMNTS

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

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Last Roar Of The Paper Tiger?

PYMNTS

Statistical swarms of millennials and Gen Zers report never having used a paper check. It got so bad that New York City became the first municipality in the nation to pass a law making it easier for freelancers to sue for payment. Their perception of banking, aside from ATMs, is entirely app-based – and mobile.

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Craft Silicon Puts Banking into Messaging Apps

Bank Innovation

Messaging apps dominate smartphone use, particularly by millennials, so shouldn’t banks want to be where their customers are? At FinDEVr in New York Wednesday, CEO Kamal Budhabhatti Read More. Craft Silicon, based in Nairobi, Kenya, certainly thinks so.

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eCommerce Site Jet To Offer Blue Apron’s Knick Knacks

PYMNTS

“We are proud to introduce Knick Knacks as our latest culinary innovation, which gives consumers the ‘secret sauce’ – from our test kitchen to their home – to create a delicious meal, while allowing for the flexibility to customize certain ingredients based on their personal preferences.”.

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Google’s Latest Travel Move Could Boost Contextual Commerce

PYMNTS

Make room for more contextual commerce and more retail innovation in the travel sector. I thought it was late 20s, early 30s, more focused on the millennials, who are open to different types of technology and who adopt quickly,” she said. The travel industry also is the site of recent retail-oriented innovation.

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