article thumbnail

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.

article thumbnail

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. These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Taking the Fight to Alt Lenders, Page 2

Bank Innovation

There are advantages to being local Whether they prefer to interact with an institution online or in person—or a combination of the two—millennials tend to look for organizations that are involved in making their area a better place to live. In the blue-collar community of Clute, Texas, […].

Texas 170
article thumbnail

Deep Dive: Voice Assistant Technology For Mobile Order-Ahead

PYMNTS

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

article thumbnail

Welcome To The New C-Store Innovation Game

PYMNTS

The location, which stocks products ranging from craft beers to handmade tortillas – has technology that lets shoppers use their phones for payments. And half of those high-income millennials said that about 74 percent of their gas purchases were made via mobile apps that encourage them to keep using apps to buy gas.

article thumbnail

24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101
article thumbnail

Despite Natural Disasters And Late Payments, SMBs Remain Encouraged

PYMNTS

According to researchers, small business owners could be missing out on a lot of money by not accepting card payments and not adopting the technology to do so, with 60 percent of shoppers noting they would spend more at a small business if they could use a card to pay. 81 percent of millennial small business owners are confident in the U.S.

Payments 101