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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. The device then asks the person to take a selfie, which appears on the screen in the style of a magazine cover. The idea is to use the technology to create a relationship.

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Adventure Travel And Beyond — Summer Vacation’s New Norm

PYMNTS

That gain, according to the report, is largely driven by social media savvy Gen Z consumers, who tend to exert a larger than expected amount of sway in bookings. It’s a win-win situation for everyone,” Sarah Gilliland, whose parents took her twins away on a trip to a national park, told Boomer Magazine.

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A Step Ahead

Independent Banker

social media presence. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use.

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The Case For Contextual Commerce

PYMNTS

Millennials loved it even more: Only 57 percent reported watching primetime TV live that year, opting instead to watch prerecorded and/or streaming video or to play video games. This innovation ushered in a sea change for consumers, content producers and content distributors. Observers : the 41.8 That’s not surprising.

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Try to Catch Venmo in Person-to-Person Payments

American Banker

Though banks are bigger in peer-to-peer payments overall, Venmo is better at functionality and branding and millennials love it. Now banks are launching Zelle with high hopes and the advantage of real-time speed. Can they catch up? Should they even bother?

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CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials

Fintech Labs Insights

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. And one in every three Spanish millennials is a customer of their bank. In addition to being mobile-only, imaginBank is social media friendly, as well. CaixaBank serves 2.9