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Nordstrom Tempts Millennials With Snapchat Presence

PYMNTS

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

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Faster Payments Comes To Renters

PYMNTS

Online rent payments via ACH are becoming extremely popular, especially among millennial renters who want to automate paying rent, just like they do for paying all their bills online, like their cell phone, utilities and cable bill,” he added.

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Millennials Not Alone in Fleeing Big Banks

NCR

The 24-year-old consults with companies worldwide on how to reach the millennial audience. So last year, the New York resident left the big bank, setting up an account with Simple, an FDIC-insured direct bank based in Portland, Oregon, where he can do all of his banking online – without any monthly fees. “I

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Why Brick-And-Mortar Needs Unattended Retail

PYMNTS

They want to spend their leisure time doing other things, and that is especially true of the bridge millennial groups that are fiercely protective of their time and don’t want to see any of it wasted,” Layden said. Customers have gotten very used to shopping online and doing as many things as they can self-service,” Layden, Jr.

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Wings And Lots Of Prayers

PYMNTS

Puppet, an IT automation firm based in Oregon, is in essence waiting for better timing before diving into a public listing. . Another firm just said earlier this week that, in essence, patience is a virtue.

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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. More than half of them are 45 or above, according to the study, while millennials only make up 16 percent of this demographic. So, what’s going on here? Have consumers just suddenly become very cheap?

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The Dawn Of A Cashless Global Economy?

PYMNTS

That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5. Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business. And the age group to use cards the least?

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