PYMNTS

FEBRUARY 23, 2017

Our data confirms the growing importance of artificial intelligence for eCommerce as today’s online shoppers, and in particular millennials, want to spend less time searching for the products they want to purchase,” said Oliver Tan, cofounder and CEO of ViSenze, according to Business Insider. “Our Last September, ViSenze closed a $10.5

United States 136

United States Millennials Retail Capital 136

PYMNTS

DECEMBER 8, 2017

Here are the numbers: $390 billion | Value of donations to nonprofit organizations in 2016. Within that $390 billion, online giving was up 10 percent last year, and mobile accounted for about 15 percent of those online transactions — percentage that is likely to grow as millennials become a stronger economic force.

Mobile 109

Mobile Data Payments Millennials 109

PYMNTS

JUNE 18, 2019

The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013. eGaming was a $493 million industry in 2016, and that had increased to $655 million in 2017 (the last year for which data was available.) Bebo organized the viewers, and the streams appeared on Twitch.

social media 108

social media Millennials Video Report 108

PYMNTS

FEBRUARY 4, 2020

Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet another avenue to capital to the long list of traditional and alternative finance options available to small to medium-sized businesses (SMBs) today.

Lending 131

Lending Capital Strategy Millennials 131

Accenture

OCTOBER 3, 2017

We know almost US$1 billion was invested in PSD2-enabled services in 2016, up 200 percent from the year before¹. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. So why not?

social media 151

social media Millennials Online Fraud 151

Banking 2020

JANUARY 28, 2016

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. . Get serious about your systems!

Millennials 40

Millennials Survey Capital System 40

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

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

NOVEMBER 10, 2016

The year 2016 has not been an easy one for Target — as its same-store sales have slipped, grocery has been an ongoing problem, and Target finds itself increasingly squeezed from two sides: by an expanding Walmart in the physical world and an ever-growing Amazon online. Young With Expendable Cash . Probably not a bad opening play.

Course 145

Course Groups Online Trends 145

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). It has also meant working in anticipation of the changing needs of millennial users. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

FEBRUARY 20, 2019

And both of those big firms have a stake in China International Capital Corp. A look at Tencent’s recent investment activity tells a story about the modern state of eCommerce and the digital economy, and about the demands of online consumers across the world. billion in capital via 924 funding rounds last year.

Mobile 129

Mobile America Fintech Capital 129

PYMNTS

SEPTEMBER 30, 2019

Activities marketplace Fixers , for instance, sees millennials as their target market, as they tend to prefer experiences over things. Millennials make up about a third of the U.S. But online platforms are becoming more creative with the options offered to travelers. percent of the broader luxury vacation travel market.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

AUGUST 1, 2019

“I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. s first microtel in 2016 — Hotel Hive. Hotel Hive is housed in an early 20th century building famous for two things before being home to a new lodging concept in the nation’s capital.

Washington 109

Washington New York Millennials United States 109

PYMNTS

FEBRUARY 27, 2019

Millennials and Gen Z consumers show a clear preference for it, Kim noted, but widespread global adoption of user-to-user messaging in business applications has been slow to the gate — most of the messaging app market is divided between a handful of massive global technology players.

Retail 146

Retail Mobile Capital Technology 146

PYMNTS

JANUARY 16, 2020

And as candle enthusiast and Otherland Founder Abigail Stone learned via an independent study in 2016, quite a lot of millennial women are developing expensive candle habits, precisely because they like to consistently burn scented candles, and about 25 percent report buying 10 or more scented candles a year.

Millennials 144

Millennials Study Community Strategy 144

PYMNTS

NOVEMBER 28, 2016

Millions subscribe to various brand-sponsored playlists, and a webcasted, sponsored Italian vacation for APASS members drew 400,000 unique views and boosted online sales. Kellogg’s used the cultural capital that expertise holds to hold influence beyond the marketing space. But not every brand plays that way.

Branding 100

Branding Millennials social media Marketing 100

PYMNTS

JULY 4, 2018

million raised in late 2016. The latest round was led by Reach Capital with Rethink Impact, Homebrew, Ludlow Ventures, Afore Capital and BBG Ventures also taking part. A lot of younger millennial parents are turning to Google to find answers to these questions,” adds Halsall. “So A Better Solution Than Google.

Google 115

Google social media Community Capital 115

CB Insights

DECEMBER 7, 2017

As of September 2016, that share dropped to 21%. In 2016, non-bank lenders like Quicken Loans accounted for six of the top 10. Its mortgage lending business has grown quickly of late in part because of its asset light, internet model, lending $96B in 2016, up from $12B in 2008.

Millennials 69

Millennials Lending United States Technology 69

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. For example, Trumid is an online trading platform providing corporate bond market professionals with direct access to liquidity.

America 101

America Lending Cards San Francisco 101

PYMNTS

JANUARY 2, 2017

While Walmart may have four times the revenues of Amazon, the market seems to be betting that it’s the younger, more nimble challenger who’s best prepared to capitalize on the digital waves that are transforming retail and commerce more broadly.”. “ Increasingly, as the holiday data shows, online and at Amazon.

Millennials 119

Millennials Apple Retail Mobile 119

CB Insights

JULY 15, 2017

In 2016, Indian tech companies closed 965 deals , a 10% increase from the 881 closed in 2015. As a result the investment total for 2016 was $3.4B, lower than both 2015 and 2014. Venture Capital. Our table features both India-based and foreign venture capital funds. Click the image below to enlarge. Corporation/CVC.

Capital 53

Capital Google Trends Company 53

PYMNTS

SEPTEMBER 18, 2018

A survey by the Forum found that about 45 percent of overall respondents – but just 28 percent of millennials – agree with the statement that banks are fair and honest. The market, then, has been opened to online lenders that have filled that niche – and it should be noted that community bank lending to SMBs has been on an upward trend.

Lending 148

Lending Innovation Fintech Cards 148

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

CB Insights

JANUARY 5, 2018

acquisition of Jet.com in August 2016 transformed the company beyond the addition of the Jet platform. It has also discussed vastly expanding its available SKUs online and improving delivery options. Select investors: General Catalyst, Collaborative Fund, Forerunner Ventures, Mickey Drexler, Gwenyth Paltrow, Burch Creative Capital.

Company 57

Company Branding Millennials Retail 57

PYMNTS

APRIL 17, 2017

Solutions such as Square Capital, Caviar (the food ordering and delivery service it acquired) and Instant Deposit (which puts money into merchant accounts immediately) not only helps its existing SMB customers navigate the changing retail world in which they were operating but also recruits larger merchants to the portfolio. percent fee.

Apple 110

Apple Capital Cards Payments 110

CB Insights

AUGUST 2, 2017

However, recent trends — such as the success of direct-to-consumer CPG startups like Dollar Shave Club , and the growth in online CPG sales for Amazon and other giants — suggest direct-to-consumer (D2C) options are no longer something CPG leaders can ignore. Online-only brand of CPG items sold for $3 each, with minimalist packaging.

Branding 34

Branding Capital Online Mobile 34

PYMNTS

JUNE 12, 2017

And while she ultimately decided not to let food delivery startups (and the venture capital backers) pick up the dinner tab for a year, it seems an ever-increasing number of consumers are electing to have their groceries not only delivered but also premeasured and sent along with a recipe card.

San Francisco 102

San Francisco Branding Retail Marketing 102

PYMNTS

MAY 10, 2016

Just a few months ago at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Individuals who may not have traditional access to credit, such as millennials, immigrants, the unbanked, etc., GETTING FROM “NO” TO “YES”.

Fraud 100

Fraud New York Data Millennials 100

Fintech Labs Insights

JULY 14, 2016

Today, Student Loan Genius is inviting employers to do the same thing when it comes to millennial workers and student loan debt. Pictured (left to right): Co-founders Emiliano Villarreal and Tony Aguilar demonstrating Student Loan Genius’ Genius Match 401k Contribution feature at FinovateSpring 2016 in San Jose. Employs 14.

Millennials 12

Millennials Tools Austin San Jose 12

PYMNTS

MARCH 23, 2018

Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. Private equity firms Bain Capital, Kohlberg Kravis Roberts and Vornado Realty Trust took Toys R Us private in a $6.6 In 2016, Toys R Us hired a law firm that specialized in corporate restructuring.

US 122

US Industry Washington Millennials 122

CB Insights

MARCH 2, 2018

The e-commerce giants are capitalizing on three important trends: Global financial systems are going digital and mobile. They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Millennials account for one-third of India’s population.

Regional 68

Regional Retail Marketing Online 68

CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.4B.

Meeting 68

Meeting US Capital North Carolina 68

PYMNTS

JUNE 6, 2016

Under this new arrangement, payment is made via the Walmart.com app after customers make their selection online. An in-store system alerts Walmart associates when customers come into the store to pick up things ordered online. The first is from Mary Meeker’s hot-off-the presses 2016 Internet Trends report.

Retail 100

Retail Online Training Innovation 100

CB Insights

OCTOBER 23, 2018

Consumers are now buying CPG goods online, via mobile, at the office, through on-demand delivery, in meal kits and personalized services, by using smart home and voice technology, and more. Barington Capital pressured Avon CEO to step down. In 2016, Unilever acquired the startup for $1B. Long-term challenges.

Branding 73

Branding Industry Retail Strategy 73

PYMNTS

OCTOBER 29, 2018

I’ve often written about this topic over the last several years, well before the 2016 election dominated the headlines about Facebook’s future as a content platform. There’s a big available market with a lot of room to grow that pie – after all, Amazon “only” has about 50 percent of the online commerce market , and the U.S.

Payments 196

Payments Google Apple Innovation 196

Jeff For Banks

MAY 31, 2017

The decline between 2015 and 2016 was 1.5%. The red: millennials. And when my friend and fellow bank consultant Mary Beth Sullivan from Capital Performance Group in DC shared the post in the below pic on LinkedIn, it stirred a spirited rebuttal. Between 2012 and 2015, there was a 4% branch reduction. Close them!

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

PYMNTS

MARCH 7, 2016

Everywhere else, though, there seems to be a lot that keeps people tossing and turning – and that was before the 2016 Presidential race in the U.S. Lately, though, they’re probably tossing and turning over the difficulties with raising capital coupled with the simultaneous descent of their venture’s valuations. Take physical retail.

Payments 100

Payments Innovation Software Mobile 100