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A Digital Mindset: The Key to an Enhanced Strategy for Insurance Commerce

Perficient

population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. New product opportunities are being driven by innovation and market conditions. Leveraging Data Responsibly . As digital natives begin to make up the majority of the U.S. Understanding Our People .

Strategy 332
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P2P Payments Find Fans In The Black Market

PYMNTS

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. About a fifth, by comparison, had used Venmo for gambling.

Payments 115
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Toys”R”Us, Millennial Moms And In-Store Omni — Oh My!

PYMNTS

And though men have made up some ground on the domestic front, millennial moms are still a force to be reckoned with. As it is in nearly every other generational subsection, millennial moms love mobile. How this cohort goes about shopping has also predictably changed with the generations.

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Why bank branches—and human contact—are not going away any time soon

Accenture

Given that this trend is coinciding in with an ongoing shift by younger consumers towards more innovative channels—the likes of wearables, social media and instant messaging—it’s possible that the continued strong usage of branches is a transitory effect. But our study gives no indication of that. Stay tuned. [1-5]

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From BNPL to RTP, The Year In Payments Ends On Digital-First Note

PYMNTS

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260
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Why Hostelz.com Stopped Accepting Payments

PYMNTS

The market now serves millions of international travelers and is worth $5.5 Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. Some estimates predict the hostel market will be valued at $6.4

Payments 100
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How UK Restaurants Are Coping With Delivery Aggregators

PYMNTS

Such services are particularly popular among millennials, who are growing up and moving toward their peak earning years. The fees will continue to get suppressed as the market consolidates,” Rodgers said. But that comparison goes only so far. What restaurants don’t have is the logistics,” Webster pointed out.

Mobile 148