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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

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Sapphire Reserve’s Super-Sized Rewards Are Getting Scaled Back

PYMNTS

For those who specialize in “points hacking” — a completely legal exercise in trying to maximally combine card program rewards points and programs — the Sapphire Reserve Card and its 100,000 points bonus was almost too good to be true.

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How Banks Can Stay More Connected Like Amazon

Gonzobanker

It’s not a “Millennial thing.” According to a recent study by Ellie Mae, 92% of all home borrowers research online before applying. Deploy strategic delivery plans—aligning with strategic or tech plans —that may start with a journey-mapping exercise. It’s now the primary way the purchasing process begins, if not finishes.

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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Here is a fun exercise – Ask a bank product team, “How do you grow customers?” The branch thinks about increasing deposits, and Treasury Management thinks about growing treasury management. To manage a growth loop, you are forced to think more holistically, considering the product, marketing, sales, channel, and business model.

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Savings Goals Top Millennial Resolutions – 3 Steps for Successful Savings Follow-Through

Banking 2020

This article is written by me with support from Capital One in conjunction with the release of the brand new Millennial Mindset on Money Survey. If you’re a millennial, your answer is probably pretty boring – smart, but boring. Check out the results below! All opinions are my own. . What would you do with a $100 cash holiday gift?

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Tackling the Fintech Threat: A Guide for Banks and Credit Unions

FICO

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. Fighting back against the FinTech disruption isn’t an exercise in total war – it’s about carefully picking one’s battles. There is opportunity for banks to help these consumers more effectively manage these loans.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.