Deepening member relationships with millennials

first_imgOver the next few decades, an estimated $30 trillion will pass from baby boomers to millennials, according to Accenture.As the roughly 75-million strong millennial generation accumulates wealth and leads increasingly complex financial lives, credit unions will see more opportunities to engage this demographic and meet their financial needs.Millennials’ major life experiences were shaped by the Great Recession of 2008. They witnessed record-high unemployment levels, and parents losing their jobs, savings, and investments, in addition to their own financial challenges.They are managing more student debt and faced higher unemployment than any generation since the Great Depression. Still, their financial goals are not drastically different from those of baby boomers when they were in their 20s and 30s.In other words, owning a home, saving for retirement and raising a family continue to be defining factors for financial success. The key differences between millennials and baby boomers are their technology dependence and the communication tools used to satisfy their needs. 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Rooney excited for ‘great moment’ in England farewell

first_imgWashington, United States | AFP | Wayne Rooney says he is honoured to make a final appearance for England and happy for manager Gareth Southgate to decide his playing time Thursday against the United States.Former Manchester United star Rooney, in video comments released Monday by his Major League Soccer club DC United, detailed his excitement at earning his 120th cap for England in his farewell match, a friendly against the Americans at Wembley Stadium.“Playing on the squad for this game and see some old teammates, see Gareth and the coaching staff, and then obviously to play at Wembley for the last time will be a great moment,” Rooney said.“To see old teammates, coaches and be around them for a few days, but also to see the fans — it’ll be great to pull on the England shirt again in front of the fans in almost a way of me saying thank you to the fans for the support you’ve shown me over my time playing for England.”England’s all-time men’s goals leader came to MLS in July, lifting DC United from the bottom of the table to the playoffs in his first campaign. United were ousted by Columbus in their post-season opener earlier this month. England’s Football Association set up the Rooney tribute with proceeds going to youth charities.“Obviously it’s a huge honor for the FA to grant me this game. It’s an important game, obviously. The money will be raised for children’s charities, which I think is really important,” Rooney said.Rooney, 33, has scored 53 goals in 119 England appearances since making his debut for the Three Lions on February 12, 2003. He has not played for England since a 3-0 victory over Scotland at Wembley on November 11, 2016.“I have to admit I don’t know how much I’m going to play, whether that’s from the start or whether that’s the last few minutes,” Rooney said.“I’ll speak to Gareth before we meet up. Whatever he wants me then to play I’m happy to do so.”Share on: WhatsApplast_img read more

Indian tigress in the making: Watch 7-year-old Pari Sharma’s unbelievable batting technique!

first_imgImage Courtesy: Instagram(@cricketer_pari_sharma)Advertisement 1jqNBA Finals | Brooklyn Vse4lWingsuit rodeo📽Sindre Ebupcy( IG: @_aubreyfisher @imraino ) kwmc9Would you ever consider trying this?😱3zqbCan your students do this? 🌚iafRoller skating! Powered by Firework With the blessings of the internet in the present days, discovery of young prodigies regarding any sport has been more feasible than ever, and such is the case of a young girl named Pari Sharma. The 7 year old cricketer has been taking the social media by storm, with absolutely mind blowing battling which was noticed all over the Indian cricketing fandom, and netizens of the country are praising her as a future star of the Indian women’s cricket team!Advertisement Image Courtesy: Instagram(@cricketer_pari_sharma)Hailing from the state of Haryana, Pari Sharma has her own Instagram account, which has a number of videos where the young girl is seen performing astonishing cricket shots. Her timing and footwork has been so brilliant, that she got noticed by ESPNcricinfo, who uploaded a clip of Pari’s breathtaking batting prowess on their official Facebook yesterday. Check out the clip below-Advertisement Cricketing fans of the country were amazed at the skills and execution of the little girl, who was performing cover drives, square cuts and more with ease, with such a perfect form that would easily be at par with some of the icons of Indian cricket.Her Instagram account has over 2,600 followers, with 195 posts, some clips of her practising indoors, while there are other videos and pictures of her on the cricket ground. Below are some of the videos of Pari doing what she does best-Many fans joked about her having better footworkalready than former Team India opener Virender Sehwag, while many mentioned that Pari’s playing style resembles that of Smriti Mandhana and Jemimah Rodrigues, and some even mentioned the two Women in Blue stalwarts in some of the clips.Other than religiously following the art of cricket, Pari is also a devoted yoga fan, with many pictures of her yoga poses seen in her Instagram.With a continuation of her training and hard work, it is no doubt that Pari will soon be noticed by the Haryana Cricket Association, which has churned out superstars like Shafali Verma and Mansi Joshi, only time will tell if the Indian cricket fans will see the 7 year old kid donning the Indian jersey in future.If you like reading about MMA, make sure you check out Also follow India’s biggest arm wrestling tournament at ProPanja.comAlso read-Skating on Thin Ice: Rajkumar Tiwari fearing for his life in The USAVirat Kohli reveals what made him cry the whole night during his career Advertisementlast_img read more

Kyrillos Introduces Measure Calling for Sandy Hook to Reopen by Summer

first_imgConcerned about the potential impact on the Bayshore region’s economy of a prolonged closure of the Sandy Hook Gateway National Recreation Area, Senator Joe Kyrillos, R-Monmouth, has introduced a resolution calling on the federal government to make reopening Sandy Hook a priority.“Sandy Hook sustained enormous damage during Hurricane Sandy along with the homes and businesses of Bayshore residents,” Kyrillos said. “But there is more devastation in store if this economic engine for our region is not restored and reopened in time for the 2013 tourism season.“The Sandy Hook Recrea­tion Area is the source of millions of dollars of economic activity every year and an affordable summer getaway for tourists from near and far who will lose out on a treasured summer tradition if it is not reopened. We cannot afford to lose the economic activity generated by Sandy Hook as we seek to rebuild our shoreline,”

he said.Sandy Hook Gateway National Recreation Area is federally owned property that is maintained and operated by the National Park Service.In the resolution, Kyrillos said: “The enormity of the damage to the area is such that without concerted effort and prioritization of restoration of this national recreation area over the next four to five months, the Sandy Hook Gateway National Recreation Area will not reopen for its economically crucial summer season, and potentially tens to hundreds of millions of dollars will be lost to the local and state economies.“At this time when the State was just beginning to crawl out of the depressed economy of the past decade, the continued closure of the Sandy Hook Gateway National Recreation Area through the summer of 2013 would newly cripple and devastate the economy of Monmouth County and the surrounding parts of the State and New York State.”last_img read more

Meet the man who can extend the Warriors’ All-Stars careers

first_imgNo longer did Stephen Curry feel any pain in his left groin. For about a week, he could complete workouts with full intensity. After each workout, Curry said he felt just as great as he did beforehand.So after missing the previous 10 games with his injury, Curry proclaimed himself ready to play for the Warriors’ marquee game against the Toronto Raptors on Nov. 29. The Warriors’ star, though, encountered a roadblock much more difficult than facing multiple defenders at halfcourt. Dr. Rick …last_img

The Giants are committed to altering the dimensions of Oracle Park

first_imgSAN FRANCISCO — It’s almost time to bid adieu to Triples Alley.The Giants haven’t made any formal decisions to adjust the outfield dimensions of Oracle Park, but president of baseball operations Farhan Zaidi said Tuesday the team is inching closer to finalizing plans to move the bullpens out of foul territory and into right center field.“We’ve made a lot of progress on designs that would have them move out to the outfield and potentially alter some of the dimensions out there,” Zaidi said at …last_img

The Breaking Down Borders Africa Youth Initiative

first_imgThe Breaking Down Borders Africa Youth Initiative in collaboration with Brand South Africa will be bringing another chapter of this year’s Africa Youth Summit.Brand South Africa’s Ntombi Ntanzi had a quick Q&A session with Founder of Breaking Down Borders Africa Initiative Paul Modjadji on its 2018 Summit.Ntombi Ntanzi(NN): What is the Breaking Down Borders Africa Initiative about?Paul Modjadji(PM): The Breaking Down Borders Africa Initiative is a Pan-African platform that seeks to unite young African change makers. By creating platforms for these young leaders to act in concert. It hopes to break down the barriers that prevent collaborations among young African social and commercial entrepreneurs across the continent.This was born out of the realization, made during the inaugural Breaking Down Borders Africa Tour, that there was a desire to trade on ideas, methods and initiatives among young Africans, but there was bureaucracy that prevented this. The result was the Breaking Down Borders Africa Youth Summit which is a think tank and networking platform like no other – targeted at young leaders and curated by young leaders, all from Africa.NN:   What opportunities are there for young people participating in the initiative?PM: The summit is a networking and solutions gathering platform that targets young people from the continent, even if they don’t currently live on the continent. We link these young people with established thinkers in various industries (commerce, academia, politics, etc) who can assist in elevating them and their work efforts;The objective of the summit is to empower young entrepreneurs, be they social or commercial entrepreneurs, to take their work to the next level and start trading from ideas and materials across the continent. We also highlight to the wider community, the issues faced by young Africans and the possible solutions to these issues as envisaged by these young Africans;NN:       How has the initiative been received?PM: The reception has been positive from the youth who have taken part in the inaugural Summit and those who have indicated interest in the second edition. There has been support from both government and the general public who fall outside the target market. Most of these people and institutions recognize the need for this platform and that’s why they support it.NN:       What is the initiative all about in 2018?PM: In line with the theme for the Nelson Mandela centenary, the theme for 2018 Breaking Down Borders Africa Youth Summit is “African Youth: Building our legacy” – and this year is about creating a platform where we work towards a lasting legacy as young people.This year the Summit wishes to result in a document that can inform policy which may be adopted by the AU and various signatory governments. This we believe is our own legacy as a platform.NN:       How do people sign up and participate?PM:  To sign up, people must visit our website www.breakingdownbordersafrica.comWould you like to use this article in your publication or on your website? See Using Brand South Africa materiallast_img read more

Consumer Behavior is Shifting Business Models; How Industries Are Adapting

first_imgTrends Driving the Loyalty Marketing Industry What Nobody Teaches You About Getting Your Star… AI is Not the Holy Grail of Sales, at Least Not… Breakthroughs in digital technology continue to transform and shape how, why and where consumers shop. Increasingly, they favor conducting commerce that does not require a human touchpoint. Practically every industry is spawning digital marketplaces – think Amazon, eBay, Etsy and Uber. The disruptions they trigger are fundamentally changing the industries themselves and the organizations within them. The consumer behavior’s are shifting business models and industries are adapting.How consumer behavior has shifted in retail.Simply consider the new retail shopping concept introduced by AmazonGo, where shoppers use an app with advanced technology when taking the products they want and depart without enduring checkout lines. It mirrors Uber and Lyft for ease of use and payment.This type of dramatic shift raises the question of why one industry in particular – the insurance sector – has been slow to alter its business model to fit today’s needs. The industry offers many lines of coverage, from home, health and life insurance, to very specialized coverage, such as prize indemnification should a golfer snag a hefty prize in a charity event for scoring a hole in one. Quite a few of these lines of coverage almost certainly can benefit from a simple, on-demand approach to personalized coverage with little, if any, human interaction. And while digital insurers certainly exist, they don’t embrace the “new” digital reality of having on-demand access at your fingertips. For the most part, they still have lengthy applications to fill out and complicated processes to go through. Plus, they base their online insurance quotes on common driver demographics and actuarial history that’s often decades old.What traditional insurers seem to forget is the speed at which consumers have changed and the swift arrival of digital natives. Simply consider: Of consumers born in the age of digital technology, 95 percent own a smartphone, 75 percent have a social network profile and 60 percent rely on the internet for their information. And they often overlook what consumers seek: on-demand service, digital guidance, access to information across all channels, more personalization and predictability, improved affordability and simplicity.Insurers are experimenting with various digital approaches via innovation labs and corporate venture funds. Many insurers most are taking a wait-and-see attitude toward moving quickly to adopt inventive new digital technologies. In their defense, insurers contend that digital transformation is tricky and difficult. They cite heavy regulation, large capital requirements, complex policies and middlemen in the distribution chain, such as brokers.Reflecting that belief, a 2017 study by PricewaterhouseCoopers found that nearly three-in-four insurers consider digital innovation a challenge, and only 28 percent had explored partnerships with fintech firms.  Still, disruption is the name of the game, and that applies to insurance as well as every other industry. Take the fast-evolving world of self-driving and semi-autonomous vehicles, which will significantly change the nature of auto insurance. Traditionally, auto insurers base their premium on human error, which causes the vast majority of car accidents, and the demographics of the insurance applicant. But with self-driving cars, auto insurers must use other approaches to determine their premiums, and motorists may expect that they will see lower premiums because the human factor is reduced.Since self-driving and semi-autonomous vehicles are still in their infancy, manufacturers are having to buy insurance to reflect the possibility of accidents, and carmakers such as Tesla are factoring in insurance costs in pricing their autos. Also, securing self-driving vehicles against hacking is a challenge, so buyers of those cars may also have to purchase cyber insurance.Startups and entrepreneurs may want to take a look at the business possibilities — in insurance.McKinsey management consultants have studied digital strategy and insurance and, while noting the industry’s challenges, they wonder how the industry will respond should, say, an innovative powerhouse like Amazon enter the insurance business. Or, should a data aggregator develop more accurate pricing models and partner with an insurtech start-up, which soon sparks strong profitable growth.“How would these disruptions affect premiums and profitability?” asks McKinsey. “How quickly would insurers feel the impact? How could they respond? And what other digital innovations lie in store?”Increasingly, lasting success requires innovating at least two of a business model’s four dimensions, as Jiahua Xu of the London-based Institute of Insurance Economics sees it. She describes the distinctive dimensions of a “pay-per-use” business model as:      What do you offer to the customer?      How is the value proposition created?      Why does it work?      Who are your target customers?In this digital age, allowing consumer behavior to inform the business model promises significant benefits for insurers. Here are several of the advantages.Better understanding of your customers: A comprehensive grasp of consumers and your customers generates invaluable insights and proves essential to accomplishing your core business goals. This can be easily achieved by engaging with them in real-time through digital channels that let you chat with your customers as they browse your website, for instance. Such insights also occur when you engage with them online or elsewhere to gain their impartial feedback on a specific area of customer experience, so you can then act upon it. With advanced analytics, stronger customer touchpoints and other behavioral aids, insurers can quickly and better understand customer attitudes and behavior.It’s also critical to better understand multicultural customers. As multicultural consumers have accounted for the vast majority of our population growth in recent years, it is important to know how they differ in their attitudes and behaviors about insurance and financial matters in general. Ability to deliver more flexible offerings with ease and speed: With consumers demanding speed and on-demand response, and also clearly in control in today’s buying environment, it becomes ever more important to develop and market products and offerings that capture this customer-centricity. Going digital can help provide anytime, anywhere services and determine more quickly what customers seek or don’t favor with products to help gain or retain their business.Digital third-party administrator services can also help insurers launch products quicker and with a lower cost through combined technology advances, operational expertise, and flexible customer engagement models.Opportunity to build long-term relationships and customer loyalty: Digital technology enables insurers to deliver personalized service to customers that, if handled well, can instill customer loyalty and long-lasting ties by delivering convenience to customers’ lives. These tech advances give insurers much more frequent and proactive contact with customers instead of merely sending a bill, renewal notice or a claim.The conveniences that digital tech can generate to enhance the customer experience cannot be stressed enough. Digital presents the opportunity to maximize the value of every customer interaction – and with that can improve the value an insurer provides, in addition to customer satisfaction, trust and allegiance. At a time when research indicates consumer trust in insurance hasn’t risen above 50 percent in a decade, insurers can only benefit by providing customers with innovations that make their lives easier and simpler.  Conclusion:Prompted by the continuous evolution of digital technology, we’re seeing major shifts in consumer behavior across the board. To gain a competitive edge in this new age, businesses across all industries should consider reevaluating their business model from a customer-centric lens. Related Posts Tim Attia is the CEO and Co-Founder of Slice Labs, a technology startup and the insurance engine leading tomorrow’s cloud-based, on-demand digital services ecosystems. Using AI, machine learning, and Ph.D. behavioral science expertise in Slice’s Insurance Cloud Services (ICS) platform and Slice Mind capabilities, the company is enabling insurers and technology companies to build truly intelligent and intuitive pay-as-you-go digital insurance products protecting the insured anytime and anywhere. Tim began his career with a large technology and management consulting firm, and has since continued to work with major global insurance carriers on technology and distribution. With This One Question, You’ll Never Need an Ic… Tags: #Business insurance#insurance Tim Attialast_img read more

10 months agoMan Utd hero Ince: Two better options than joke appointment Solskjaer

first_imgMan Utd hero Ince: Two better options than joke appointment Solskjaerby Paul Vegas10 months agoSend to a friendShare the loveManchester United hero Paul Ince has slammed plans to name Ole Gunnar Solskjaer as caretaker manager.Molde coach Solskjaer is expected to be named United caretaker boss after the dismissal of Jose Mourinho on Tuesday.But Ince says: “The suggestion of Ole Gunnar Solskjær makes me laugh, that has to be a joke. It’s absolute madness.”He also wrote for Paddy Power: “If it was me? I’d pick Steve Bruce today. He’s not working at the moment, and he had seven or eight years at the club. He’s been a very good, and successful manager and he more than many understands what it’s like to be a United player. Yes, he’s been sacked, but we’ve all been sacked before.”Between him and Solskjaer there’s no comparison. Plus, I’d love it to be someone English, and someone who United fans through the ages immediately recognise and say ‘I remember Steve Bruce, what a player he was.'”The only other caretaker candidate I’d choose would be Roy Keane. He’d knock those players into shape in no time, he’s managed, and he’s familiar with the club.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more