Chris Skinner

SEPTEMBER 23, 2018

Things we’re reading today include … Barclays chair condemned after claiming many PPI claims are fraudulent Danske Bank board close to appointing new CEO: Finans Fintech pair aim to disrupt industry with investments for millennials Winklevoss crypto exchange explores UK market Revolut hedges Brexit risk with Luxembourg licence Debts, over-stretched (..)

Millennials 200

Millennials Fintech Industry Marketing 200

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

Chris Skinner

JUNE 21, 2018

Things we’re reading today include … Driver of City PR chief Roland Rudd quizzed by insider dealing watchdog The Rich Column: why private bankers need to appeal to millennials US banks pass financial stress tests Bank of England to get sweeping new powers as Chancellor says UK will not be … The post Things worth reading: 22nd June (..)

Millennials 178

Millennials US 178

Chris Skinner

JULY 17, 2018

Things we’re reading today include … Why millennials are driving cashless revolution in China Ageing population puts UK on track for ‘unsustainable’ surge in debt, warns OBR Goldman Sachs names DJ-ing banker David Solomon as boss Brexit vote: Government defeats EU customs union bid No-deal Brexit would leave EU worse … (..)

Millennials 171

Millennials 171

Chris Skinner

JULY 26, 2018

Things we’re reading today include … This Is the Bank with the Worst Reputation in America Metro Bank has a credibility problem Why bank mergers are always riskier than markets think Study Reveals Millennials Shun Banks with Poor Online Service Starling Bank card design reflects ‘how we actually use our … The post Things worth (..)

Metro 157

Metro Millennials America Study 157

PYMNTS

APRIL 22, 2019

Millennials have long borne the blame for a variety of problems in commerce, including the decline in popularity of diamonds and certain fast casual restaurants. Millennials could be helping to bring new life to call center commerce. Millennials are increasingly seeking access to luxury goods — including relatively affordable items.

Millennials 158

Millennials New York City social media Branding 158

PYMNTS

APRIL 9, 2019

Have millennials started starving a segment of commerce in a socially positive way? Added to the list of things millennials are killing — along with homeownership, the institution of marriage and diamond jewelry — is apparently alcohol. Folks in the millennial generation have maybe a better sense of balance. Data from U.S.

Millennials 147

Millennials North Carolina Trends Metro 147

PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

Millennials 162

Millennials Payments Retail Mobile 162

PYMNTS

APRIL 18, 2019

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Meanwhile, Reuters reported growth in the number of new residents setting down roots in Silicon Valley was 38,000 in 2018, marking a ten year low.

San Francisco 181

San Francisco Millennials San Jose North Carolina 181

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

PYMNTS

APRIL 24, 2018

When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. Horton, which he believes should get a boost as more millennials become first-time homebuyers. I like to call this chart ‘millennials can’t cook,’” Ran said. homebuilder D.R. In fact, D.R.

Millennials 100

Millennials NV United States New York 100

SWBC's LenderHub

AUGUST 15, 2019

In February 2019, Realtor.com released their 2018 Generational Propensity Report which outlined homebuying trends based on generational groups. Here are the biggest takeaways: Millennials passed Generation X as the group taking on the most new mortgages in January 2017.

Millennials 68

Millennials Groups Trends Report 68

PYMNTS

DECEMBER 24, 2019

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. In 2018, toy prices were slashed 31 percent, UBS Analyst Arpine Kocharyan wrote, citing eCommerce trends tracked by Adobe.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent between 7 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

MAY 22, 2017

Capturing the ever-changing mindset of millennials can seem like a continual headache for retailers. With the opening of this new store, which already has 13 locations at GGP malls, Forever 21 will have the opportunity to experiment and focus more on social media friendly millennials.

Millennials 100

Millennials social media Retail Online 100

PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. Buying a house is no small undertaking. percent, compared to 11.9

Millennials 109

Millennials Taxes Lending Regional 109

Bank Innovation

NOVEMBER 3, 2017

The app, which is set to officially launch in the first half of 2018, enables a customer to open a bank account without walking into a […]. Wells Fargo today announced a standalone personal finance management app, called Greenhouse, for those customers who are new to banking and need an easier way to manage their finances.

Millennials 210

Millennials Management Mobile Payments 210

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. As Neale pointed out, this particularly applied to international firms, which may be well-known in their home market but would like to expand globally. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. Sales of luxury goods in China reached 142 billion yuan ($22.07

Millennials 100

Millennials Branding Retail America 100

PYMNTS

DECEMBER 26, 2018

52 Mondays 2018 is the second annual edition of those columns, which offer a play-by-play perspective on the developments in the most dynamic ecosystem in the world. They are presented in the order published, giving you, more or less, a mini payments and commerce time capsule for 2018.

Payments 168

Payments Data Millennials Maine 168

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The company had received an account information service provider license from Danish authorities in 2018. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JANUARY 2, 2019

The holiday sales season is nearly done for 2018, and it’s so far so good — particularly for eCommerce. But will 2018’s strong seasonal spending portend a happy commerce new year for retailers? 2,225: The amount bridge millennials spend on average each year on retail purchases.

Millennials 158

Millennials Fraud Maine Retail 158

PYMNTS

DECEMBER 28, 2018

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. But that’s not all. Stuff vs. Experience.

Retail 156

Retail Trends Course Online 156

PYMNTS

DECEMBER 9, 2019

The Buy Now, Pay Later Tracker shows that flexible retail solutions can unlock the purchasing power of Generation Z and millennial shoppers. 52 percent: Share of millennials who believe it is acceptable to take on debt during the holiday season. bridge millennials. bridge millennials. Data: $1T: Amount U.S.

Millennials 131

Millennials Retail Data Payments 131

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL. About The Tracker.

Millennials 219

Millennials Payments Retail Apple 219

Insights on Business

MARCH 19, 2018

Millennials mastering the mainframe. Also from IBM Research are the annual “5 in 5” technology predictions that will change the way the world works. The full list can be viewed here via IBM Research, but as you could imagine, blockchain, quantum have made it to the list, not to mention cleaning up the planet.

blockchain 150

blockchain Millennials Data Technology 150

PYMNTS

OCTOBER 7, 2020

percent of shoppers went to a physical store on that day, which was down five percentage points from 2018. percent shopped online during Black Friday last year, which was double the 2018 number. And then there are the millennials. In fact, a PYMNTS data project that studied Black Friday in 2019 found that only 20.2

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

FEBRUARY 13, 2020

million – up 19 percent from the fourth quarter of 2018. Total fuel transactions increased 12 percent from the fourth quarter of 2018 to 156 million, while payment processing transactions increased 9 percent to 126.7 billion for the fourth quarter of 2018. million for the fourth quarter of 2018. billion from $8.2

Millennials 150

Millennials Examples Cards Groups 150

Bank Innovation

NOVEMBER 7, 2017

Wells Fargo is going after first-time millennial investors with its new hybrid roboadvisor, Intuitive Investor. The product, which will be launched in February 2018 according to the bank, was designed with a hybrid approach.

Millennials 186

Millennials Strategy Online Retail 186

PYMNTS

DECEMBER 26, 2018

Merchants from grocers to quick-service restaurants (QSRs) and gas stations rolled out new ways for consumers to transact from mobile ordering to scan-and-go checkout in 2018. As it stands, 73 percent of Bridge Millennials use mobile apps to pay for gas.

Retail 136

Retail Mobile Miami Dallas 136

PYMNTS

OCTOBER 1, 2019

To that end, ownership of the key enabler of contactless payments – that would be smartphones, of course – is up, reaching 90 percent in 2019 versus 84 percent in 2018. Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power.

Millennials 140

Millennials Payments Study Groups 140

Perficient

DECEMBER 1, 2020

Millennials are now the largest adult generation in the U.S., Census Bureau notes, the number of Americans 65 and older is projected to be 95 million by 2060 — nearly double what it was in 2018. Millennials. No matter where you are in the United States, America’s citizenry is changing. As the U.S. Latino/Hispanic consumers.

Trends 309

Trends Millennials Community Marketing 309

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. The post What Will Bankers Purchase in 2018?

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Millennials 124

Millennials Cards Lending Data 124

FICO

DECEMBER 13, 2017

So, will 2018 be more fun? The continuing signs of economic downturn — including rising interest rates, increased utilization of food banks, awareness of persistent indebtedness levels , and media reports of the low levels of debt awareness among Generation X and Millennials — will “talk people into” debt. New Ways of Working.

Regulation 45

Regulation Guidelines Trends Millennials 45