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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 Investors put $2.65

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Grocery Tracker: Time Crunch

PYMNTS

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Kroger reportedly became a minority owner in Murray’s Cheese back in 2012. bought groceries online in 2016, up from 19 percent of households in 2014. percent of U.S.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

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Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand

PYMNTS

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. Sixty-eight percent of consumers reported they had used smartphone-based banking within the past 12 months in 2012.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Staying on Top of Customer Expectations.

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How To Solve Consumers’ Real Commerce Troubles

PYMNTS

In a nutshell, that’s what PayPal Chief Operating Officer Bill Ready said is both the problem with and the path forward for in-store mobile payments. We are starting to see consumers demanding things like order ahead or buy online, pick up in-store,” Ready said. And merchants now know that they have to do something about it.

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