Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. The rise of Oyo comes amid other innovations and disruptions in the world of online travel. Retail Influences.

Online 100

Online Retail Capital Marketing 100

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

CB Insights

SEPTEMBER 4, 2019

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.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. percent also reported having bought retail goods online in the last 24 hours.

Millennials 150

Millennials Retail Report Mobile 150

CB Insights

MARCH 26, 2019

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.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. percent of U.S.

New York City 123

New York City Millennials New York Online 123

Jeff For Banks

JULY 5, 2022

And products started migrating online. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

FEBRUARY 17, 2020

The firm completed the first phase of its transformation in 2014, allowing it to use real-time analytics and IT tools to create dynamic pricing models and enable online and mobile app transactions. Those using hard currency can order tickets online and pay for them upon pickup at brick-and-mortar retailers.

Security 141

Security Tools Fraud System 141

PYMNTS

DECEMBER 14, 2018

A growing group of consumers — particularly millennials and other young shoppers — are embracing connected grocery offerings. Online and mobile food sales are projected to have a 13 percent annual growth rate in 2018, with digital supermarket sales projected to reach $100 billion by 2025. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

DECEMBER 19, 2016

While Black Friday gets all of the press, Super Saturday has been creeping up in recent years to become the holiday season’s secret second pole of retail action. Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. percent between 2014 and 2015) and spend (up 13.4

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

JUNE 4, 2019

Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. In fact, Pizza Hut’s claim to fame is that it sold its first online order way back in 1994. Mobile Ordering Appeals to Millennials. Meeting consumer demand is vital. This is the audience for mobile ordering. percent vs. 45.8 percent.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Remember, Lending Club’s claim to fame, as all of the online lenders, was their technology prowess at building systems that could take data and mash it up and make better decisions, faster.

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

JULY 26, 2016

If you’re a retailer or a brand, it seems as though eCommerce and the rise of smartphones and mobile shopping have made your customers more cost-savvy and price-aware than ever before. Well, the rise of eCommerce and mobile shopping doesn’t have to mean doom and gloom for luxury brands or retailers.

Branding 100

Branding social media Millennials Study 100

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. Battle For Millennials. Having held numerous strategic positions at the third-largest bank in the U.S.,

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

DECEMBER 3, 2020

percent of Black Friday online shoppers used flexible buy now, pay later (BNPL) credit offers to pay for their purchases. After launching its first “buy now, pay later” product in 2014, the Japanese FinTech Paidy has followed up with Paidy 3-Pay. More than 35 million leads were generated to global retailers and over 1.2

Survey 167

Survey Study Retail Millennials 167

PYMNTS

APRIL 16, 2018

The news comes about four years after Weddington Way closed on another $9 million in funding, in August of 2014. The San Francisco-based startup lets brides and bridesmaids shop together online, mimicking the traditional offline bridal-party-shopping outing. The investment round brought the company’s total funding to $11.5

San Francisco 112

San Francisco Millennials Online Branding 112

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

MARCH 11, 2019

And Phillips, on the eve of founding his dessert delivery on-demand business SugarMoo in 2014, had two problems to solve. This was a pretty big leap since online food delivery business in Dubai was worth $750 million per year at the time. The first was cupcakes, which were everywhere five years ago.

Online 148

Online Marketing Millennials Branding 148

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. percent of retail sales. Tuesday (Oct. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Study data indicate that 73.1

Apple 133

Apple Payments Study Mobile 133

PYMNTS

FEBRUARY 5, 2020

As Afterpay CTO Akash Garg noted, that confirms something they’ve believed since their launch in 2014: All over the world, consumers – particularly younger consumers – are thinking differently about shopping, and how they want to integrate it into their financial lives. And Australian BNPL provider Afterpay , which has expanded into the U.S.

Cards 143

Cards Millennials Regulation United States 143

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 19, 2016

19) that the one-time giant of online auctions has, in past years, been fighting an uphill battle to make inroads against Amazon, but the strategy will hinge going forward on becoming, well, the “anti-Amazon.”. One key test came amid a hacking scandal in 2014, with a data breach that hit consumers. Bloomberg reported on Monday (Sept.

Las Vegas 100

Las Vegas social media Millennials Online 100

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

MAY 23, 2016

It has been a particularly grim retail season for the mall staples that defined landscape of the late ’90s and early 2000s. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So Same-store sales in retail locations were up on average 1 percent from the same time in 2015.

social media 100

social media Retail Portland Millennials 100

PYMNTS

JANUARY 15, 2019

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. To that end, Visa said on Tuesday (Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

FEBRUARY 16, 2017

Ten years later, the company continues to disrupt the diamond mining and traditional jewelry retail space with its lab-grown diamonds — offering customers a diamond alternative they can truly feel good about buying. For diamond mining companies and many traditional jewelry retailers, this technology comes as a major threat.

Portland 101

Portland Community Branding Retail 101

PYMNTS

JANUARY 2, 2017

Every Monday, this column space is dedicated to the musings of Karen Webster and her take on all things payments, commerce and retail. It’s as if the retail world is really coming down to Walmart versus Amazon. makes it the largest retailer in the world in terms of revenue and number of employees. Walmart Vs. Amazon.

Millennials 119

Millennials Apple Retail Mobile 119

PYMNTS

JULY 26, 2017

Serial entrepreneurs Tina Sharkey and Ido Leffler think they’ve got the next Procter & Gamble with their eCommerce grocery startup Brandless, an online platform where everything is off-brand, and it all costs $3 or less. But in 2014, the company announced news that it was streamlining.

Branding 100

Branding Millennials Strategy Retail 100

Celent Banking

APRIL 23, 2015

In Celent’s October 2014 survey of North American financial institutions, we found that less than a third of responding FIs have a single person responsible for all delivery channels. We hear it all the time; “Millennials don’t use branches.” “Old Interestingly, this appeared to be more likely among large banks.

Survey 100

Survey Mobile Millennials ATM 100

PYMNTS

JULY 25, 2018

It’s a big market today (which will be an exponentially bigger market tomorrow), one that innovators from all over technology, retail, payments and financial services are rushing to get in on at the ground floor, even though that ground floor itself is being built underneath them. So, where to look to understand what’s next?

Marketing 100

Marketing Millennials Google Mobile 100

PYMNTS

SEPTEMBER 22, 2016

Retailers can already count on more goods flying off their shelves this holiday season, judging by consumer spending. And, according to Pew Research, millennials are the group most concerned about running out of data (and the group most likely to use a mobile phone for payments). will increase by 33.8 percent to $7.77 billion, or 13.3

Mobile 100

Mobile Video Millennials Payments 100

PYMNTS

NOVEMBER 17, 2017

Retail Sales, Digitally Done in the U.S. Investors may have treated the companies with divergent reactions, sending shares up (or down), but the movement online is clear. Similarly, Target showed 24 percent growth in its own online business. Australia and Germany. Fizzle of the Week: Mt. Gox (Again) .

Bitcoin 109

Bitcoin Software Retail Online 109

PYMNTS

NOVEMBER 8, 2017

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Millennials are taking a mobile-first approach to banking, driving that transformation.

ATM 126

ATM Strategy Mobile Millennials 126