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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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How The Pandemic Has Changed How We Shop

PYMNTS

the government of Prime Minister Boris Johnson, after weeks of seeking to avoid national shutdown in favor of local tiered limitations, has imposed another strict national lockdown aimed at halting the coronavirus’ spread. According to the study, bridge millennials engage in 14.1 In the U.K., The move came as U.K.

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Examining The Generational Differences Between Retail Consumers

PYMNTS

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Millennials. million people in the U.S., Generation Z. million Americans.

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Has the phone replaced the branch for millennials?

NCR

For example, 59 percent of millennials have made a peer-to-peer (P2P) digital payment via a mobile device, compared with just 34 per cent of adults across all age groups. Meanwhile, 35 percent of 18 to 34-year-olds said they would rather make P2P payments using biometric technology, whereas the national average was just 30 per cent.

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eCommerce Merchants Are Wary Of Cross-Border Sales

PYMNTS

That’s according to a new survey by Payvision, the global omnichannel solutions company. In a press release, Payvision said that, after three years of solid growth in cross-border eCommerce, the survey came in flat this year, and it linked that lack of growth directly to the Trump win, the Brexit and the slagging Chinese economy.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

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Why ?Dining Out? Is About To Become A Much More Literal Term

PYMNTS

According to PYMNTS’ most recent consumer survey, there are some valid reasons to believe that some large and valuable demographics might opt to hold off on getting back out there. They need to know where they’re going and what time they’re going,” said Castor, adding that the city also has a policy of “no seat, no service.”.

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