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AI/BOTS: AI Bank Tech And Millennials

PYMNTS

Being connected via modern technology is something that’s becoming an expectation among consumers. One of the latest industries to start exploring in connected technologies are banks. One of the latest industries to start exploring in connected technologies are banks. Census, shared that the number of millennials (75.4

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‘Costco For Millennials’ Attracts Big Investors

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A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. Boxed has become one of the most sought-after tech startups because its distribution centers, which can provide 24-hour delivery to consumers’ homes in many parts of the United States.

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Adobe: Why Voice And Touch Retail Will Boost 2018 Holiday Sales

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Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

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The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

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Why Technology Is Actually Helping Cash Thrive

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The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. And cash’s popularity isn’t limited just to retail purchases. PayNearMe allows consumers to pay bills with cash by visiting local retail partners like Family Dollar or 7-Eleven.

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Physical Stores Have Winning Position During Holiday Shopping

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For instance, Adobe has projected that eCommerce in the United States during the holiday period will increase 14.8 Cyber Monday will set yet another retail record this year, Adobe predicted, with sales on Nov. percent, reaching $124.1 26 to hit $7.7 billion, up 17.6 percent from the same day in 2017.

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Malls, Retailers, Hotels Benefit From Workforce Changes

PYMNTS

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101