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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

With 179 million Americans planning to celebrate, up from 171 million last year, sales are projected to surpass those of 2016, which itself set records. percent from 2016, and spending per household is expected to rise to $86.13 So, why are millennials so fascinated by a holiday that was once largely thought to be for children?

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Deep Dive: Why Smart Cities Should Get Smart About Digital ID

PYMNTS

As the millennial population grows, the implementation of smart city technology will accelerate. In other words, millennials are likely to lead the adoption of digital identity tools and expect government services to deliver services digitally, as well. Several other nations are also experimenting with national ID systems.

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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

millennial small business owners expect revenue to increase in 2018 , a whopping 30 percent greater than the national average of small- and medium-sized businesses (SMBs) overall, according to Bank of America’s latest Business Advantage Small Business Owner Report , released last week. Eighty-one percent of U.S.

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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Tech and Finance

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. The 2016 U.S. Or at least they should be. Mobile Banking Functionality Benchmark.

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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. in premiums in 2016.

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Mortgage Tech 101: What It Is & Why It’s Taking Off Now

CB Insights

As of September 2016, that share dropped to 21%. In 2016, non-bank lenders like Quicken Loans accounted for six of the top 10. Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies.

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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.