article thumbnail

As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials. online bill payments made by consumers in 2016 were conducted via biller-direct sites, up from 62 percent in 2010. Another online bill payment trend is a move away from banks for those transactions.

Industry 105
article thumbnail

Innovation in the Asset Management industry

Tefkin

Affluent millennials hold 52 percent of their money in cash and 28 percent in stocks, compared with 23 percent and 46 percent for older people, a UBS survey released in the first quarter found. Additionally we are seeing an evolution in investment behaviours of Millenials that potentially in conflict with traditional asset management: .

article thumbnail

2019: What To Take Forward And What To Leave Behind

PYMNTS

For bridge millennials, those consumers between the ages of 30 and 40 who are the first generation of connected consumers with spending power, those percentages are even higher: 31 percent own a voice-activated device, 55 percent of whom used it to make a commerce purchase in the week we asked them to report on their purchasing experiences.

Mobile 205