PYMNTS

FEBRUARY 13, 2020

“2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. million – up 19 percent from the fourth quarter of 2018. billion for the fourth quarter of 2018. billion from $8.2

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

NOVEMBER 15, 2017

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. The company, which operates more than 815 stores in 57 countries, did not say which specific locations were affected.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

DECEMBER 24, 2018

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. The art of conversation is far from dead.

Data 151

Data Payments System social media 151

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Millennials 145

Millennials Lending System Data 145

PYMNTS

APRIL 24, 2019

Early Warning Services LLC, which is the network operator behind the company, announced the Q1 news on Wednesday (April 24). Although digital P2P adoption first caught on with millennials, adoption of P2P services continues to rise among all generations. Those institutions serve some 100 million customers.

Payments 154

Payments Millennials Groups Company 154

Gonzobanker

OCTOBER 26, 2017

Can bankers make lending something that has panache and appeal to Millennials? Maybe 2018 is the year to ratchet up our long-term “build” strategies. The post The Human Resources ‘Build or Buy’ Issue for 2018 appeared first on Gonzobanker. And who will replace them? Risky, yes.

Resources 70

Resources Training Lending Strategy 70

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. According to the study, bridge millennials engage in 14.1 In other words, 45 percent of the activities that bridge millennials do on a day-to-day basis involve making a purchase.

Millennials 146

Millennials Data Study Survey 146

PYMNTS

SEPTEMBER 11, 2018

The report noted that Samsung operates 2,100 stores in India via franchise partners. According to Koh, the company plans to bring cutting-edge features to the lower-end models, with the first of the new devices slated for later in 2018. Koh said the idea is to cater to more millennials with the lower-end phones. “So

Samsung 100

Samsung Millennials Mobile Innovation 100

PYMNTS

JANUARY 29, 2019

29) that it has inked a long-term partnership with Fanatics, the sports fan brand that makes team and player merchandise and operates NFLShop.com, NBAStore.com and MLBShop.com. A few months back, Walmart inked a deal with Lord & Taylor in which the department store operator sells its apparel on Walmart.com.

Millennials 150

Millennials Branding Retail Operations 150

PYMNTS

FEBRUARY 18, 2020

Some operations like Chipotle are even rolling out store designs that feature pick-up windows to let order-ahead diners collect their items without having to enter the restaurant. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 108

Millennials Metro blockchain Lending 108

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 100

Millennials Metro blockchain Lending 100

PYMNTS

AUGUST 20, 2019

The market saw more fluctuation earlier in 2018, though. in Q1 2019 yet also a little decline from Q2 2018 (65.1). Most providers have seen their scores decline or hold steady since Q2 2018, with the very notable exception of top performers. percent of millennials planning on the same. percent for bridge millennials.

User Experience 116

User Experience Millennials Video Payments 116

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. 31, 2018, with a year-end goal of 300 million.) P2P Numbers. million U.S.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

OCTOBER 21, 2020

The program is operable immediately. To expand gently used gear to more members across the country, REI launched its online reCommerce business in 2018, supplementing its members-only Garage Sale events in its stores. The reCommerce trend continues to gain momentum. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

JANUARY 17, 2019

L’Occitane said the acquisition of the Elemis brand — which is popular with millennials and Generation X consumers — is intended to strengthen its global growth as it expands its market, particularly in Asia where high-end skincare is a rapidly growing area of interest and spend for consumers. billion euros ($2.5 The firm reported 1.3

Branding 123

Branding Regional Retail New York 123

PYMNTS

JUNE 18, 2019

Then it reportedly pivoted again into the organization and operation of streaming tournaments. Most estimates for 2018 are approximately $900 million. These forms are said to be particularly popular with the up-and-coming Gen Zers demographic, which is starting to nudge millennials out of the headlines.

social media 108

social media Millennials Video Report 108

PYMNTS

OCTOBER 9, 2019

H owever, nothing is easy in life (your parents were right) and that nugget of wisdom served as a central theme of a recent PYMNTS discussion with Rakan Alhassan, operations and marketplace director at UReed. percent) while seasonal workers had lower usage throughout 2018, which dipped in Q4 2018. Among the main challenges?

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

FEBRUARY 9, 2020

It has already started two subsidiaries for real estate and manufacturing operations. His investment fund is called the 10100 and was founded in March of 2018. Since leaving Uber, Kalanick has launched the startup CloudKitchens and invested in the trucking and logistics startup Kargo.

Community 252

Community Groups US Operations 252

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

APRIL 25, 2019

Most estimates for 2018 are around $900 million. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. The promotion was a success – and the latest pair-up with HSEL operates on similar logic.

Retail 166

Retail America Video Millennials 166

PYMNTS

DECEMBER 22, 2018

Going into the 2018 holiday shopping season, there were worries about a shortage of live Christmas trees — as is the case with all agriculture, farmers who grow trees are under often relentless pressure to sell their land for development — but that does not seem to have materialized. An longstanding adage — cliché?

Industry 134

Industry Millennials National Online 134

PYMNTS

JUNE 28, 2019

According to the new Mobile Order-Ahead Tracker , the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. More than one-third (38 percent) of all restaurant visits are enhanced by mobile devices, while for millennials, mobile devices were used by the majority (53 percent) of respondents.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

JANUARY 21, 2020

One of the biggest questions that promises to play out in the larger world of restaurants — whether quick-service operations or others — is who will ultimately own their customers, and whether those businesses can get them back once they are lost to third-party delivery services and aggregators.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

JUNE 24, 2019

According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 percent CAGR between 2018 and 2025. workforce in Q4 2018, a number that’s expected to tip over to a majority share by 2027.

Payments 162

Payments System Millennials Community Bank 162

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. billion – of funds were lost to card fraud in 2018, up from $1.4 IC3 Chief Donna Gregory said in an announcement, according to reports , “The 2018 report shows how prevalent these crimes are. Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

APRIL 17, 2019

At the Shanghai Auto Show earlier this week, the eCommerce operator and digital payments provider reportedly said it is “developing apps for connected cars that will let drivers find restaurants, queue up and make reservations at restaurants, order food and eventually complete a plethora of other tasks using voice, motion or touch control.”

Millennials 122

Millennials Mobile Trends Payments 122

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. In fact, it is getting some new life from eCommerce operators. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

NOVEMBER 20, 2019

They also deliver more seamless experiences that consumers — and millennials in particular — have come to expect. million ACH electronic funds transfer (EFT) payments were made from health plans to health providers in 2018 — an 11.5 trillion in 2018, an increase of 80 percent from 2014. .

Payments 111

Payments System Cards Marketing 111

PYMNTS

APRIL 30, 2020

Customers also seemed increasingly comfortable accessing their accounts via smartphones, with 36 percent saying they most often bank through mobile, compared to 30 percent in 2018. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

APRIL 19, 2018

The company has shuttered hundreds of stores — with hundreds more to go in 2018 — and laid off a staggering number of workers as it has moved to streamline its operations. Much of its efforts — and what has gotten the most public notice — are the ways in which Macy’s has contracted. What Martha Brings to Macy’s (and Vice Versa) .

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

AUGUST 10, 2020

It also limits the growth possibilities of microbusinesses that need funds to acquire new clients and to invest in their operations. . Those payors operating in sectors where the costs of switching to a competitor are low, however, recognize that they may have to make instant payments available for free. .

Report 228

Report Payments Millennials Cards 228

PYMNTS

MAY 24, 2018

Other mall owners are incorporating fitness operators, spa service providers and entertainment options, noting that “experience” doesn’t have to mean just food — although remodeling outdated food courts does remain a priority for many. These moves fit neatly with the retail sector’s overall swing toward the experiential.

Retail 103

Retail Las Vegas Millennials America 103

PYMNTS

AUGUST 7, 2019

Financefeeds reported that the HKMA, in its latest update to implementation of the Open Application Programming Interface (API) Framework for the banking sector, which dates back to July 2018, is readying for the second phase, known as Customer acquisition. Corporate Banking, Done Digitally. ” In India, Too.

Digital Banking 129

Digital Banking Fintech Millennials Data 129

PYMNTS

FEBRUARY 27, 2020

Younger, tech-savvy consumers are embracing the digital route, as half of millennials order more delivery than they did two years ago. A merger between those two operations would effectively control more than 50 percent of the market, if it were to materialize in a market that is consolidating.

Capital 151

Capital Millennials Marketing Taxes 151

PYMNTS

JULY 13, 2020

CVS was among the early pioneers, starting with its 2018 purchase of health insurer Aetna. Truepill Co-founder and President Sid Viswanathan and CEO Umar Afridi told PYMNTS that their firm has differentiated from operators like Amazon’s PillPack by using a B2B focus.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

JUNE 6, 2019

The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Pride 2018] wasn’t one of our biggest events, but I definitely have to put it [on the list] for being one of our most fun events,” she said. An average event might bring in $900 in sales per day, but Pride can earn her up to $1,800.

San Diego 137

San Diego Boston Cards New York 137