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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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Google’s Latest Travel Move Could Boost Contextual Commerce

PYMNTS

Make room for more contextual commerce and more retail innovation in the travel sector. A potential consumer might visit a social media site, or a site devoted to, say, home cooking, with the main goal of reading content, learning something or digitally hanging out with like-minded people. I’m happily surprised.”.

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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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Coachella’s Contextual Commerce: The Good, The Bad And The Flower Crown Ugly

PYMNTS

But setting up shop on the edge of the festival and hawking blatantly branded products is a little too gauche for Coachella attendees who want to preserve the festival’s sanctity (whether it ever existed or not), which leads more than a few companies to turn to social media and the tricks of contextual commerce.

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For Visa, She’s Next Is What’s Next

PYMNTS

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. These entrepreneurs would like to sharpen their social media skills to broaden reach and grow their firms. What’s On Tap.

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Digital Spaces As Virtual Makeup Studios, Augmented Reality Style

PYMNTS

Releasing AR headsets would put the social media giant in direct competition with AR startups like Magic Leap and Thalmic Labs. Then, in June , it was reported that H&M is rolling out a voice-activated mirror in a flagship New York City location.

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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.

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