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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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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We are redefining how fashion is bought and sold through technology, data and innovation.”. Within that, how much is online?

Online 101
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Why Grocers Are Providing Fresh Options For Digital Omnicommerce Shopping

PYMNTS

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. purchased groceries online at least once a month. That percentage dropped to 4 percent when respondents were asked if they shopped for groceries online weekly.

Seattle 139
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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. In all cases, you’ll see the actual fare for a specific set of tickets that you could have bought online rather than an average or aggregate, according to Google.”. The travel industry also is the site of recent retail-oriented innovation.

Google 144
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How The Sharing Economy Is Changing Online Sales

PYMNTS

One of the takeaways from the Platform Economy Playbook is that amidst tech innovations like artificial intelligence (AI) to help personalize clothing selection and speed up delivery and social media-powered commerce, customer service has become a differentiator. Ann Taylor and New York and Company were early participants.

Online 111
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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The survey showed that Generation X encompassed the most prominent online shoppers, with 57 percent of them having goods shipped to their homes. Baby boomers were the second most likely to shop online and have goods shipped home, at 56 percent. The seven-floor store is Nordstrom ’s biggest location ever.

Retail 131
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Splitty Makes It Easier To Grab A Piece Of The Travel Industry

PYMNTS

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S.

Industry 168