PYMNTS

JANUARY 14, 2020

As usage grows, brands are responding with expanded mobile features and more end-to-end experiences. At this point in time, two influential groups – western millennials and Chinese tourists – are having far-reaching impacts on how brands and destinations cater to top travelers. Millennials will spend an estimated $1.4

Meeting 141

Meeting Millennials Branding Mobile 141

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. Source: The Millennial Disruption Index.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

AUGUST 31, 2017

While some well-worn stereotypes of these groups may have truth to them, others are completely off-base, and retailers can’t tailor experiences to shoppers if they don’t know what those shoppers want. Millennials. Consumers born between 1981 and 1997 fall into this group, which includes up to 92.7 million people in the U.S.,

Retail 147

Retail Millennials Study Trends 147

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. They were born into a world with this technology and access,” Parsons said. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. 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

Matt Wilcox Pro

FEBRUARY 11, 2019

According to a recent story by Steve Cocheo in The Financial Brand, “Millennials, Gen X and even boomers will ditch banks for Amazon.” They’re the group that research usually shows as slowest to adopt nascent technology. Even boomers?

Millennials 68

Millennials Branding Groups Technology 68

PYMNTS

DECEMBER 17, 2019

Domio will use the funding — a combination of $50 million in equity and $50 million in debt — to expand to markets targeting an underserved audience of millennials, business teams, and families. Upper90 led the company’s debt round, which will be used for setting up and leasing new properties. It is currently in 12 markets.

Marketing 101

Marketing Millennials Capital New York 101

PYMNTS

MAY 22, 2017

Here’s how some big players are setting up to shift the goalposts even more in the coming years – by the numbers: 6 million + | Retail workers at risk of replacement by robots over the next 10 years, according to a new study by Cornerstone Capital Group. The change will likely start with cashiers.

Millennials 100

Millennials Data Bitcoin cryptocurrency 100

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers. They appreciate the hands-on experience of shopping in a store.

social media 120

social media Millennials Retail Study 120

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

OCTOBER 8, 2020

Now more than ever, we see it as our mission to give today’s businesses the touchless technology needed to keep the kiosk experience safe and empower businesses to continue thriving.’’. Outdoor and hiking brand Merrell thinks it can solve the problem. “Touchless.ai Anybody who’s ever hiked has been there. Bad trail maps. No trail maps.

Google 161

Google Branding Millennials Technology 161

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. What is changing are the card habits of demographic groups.

Mobile 153

Mobile Cards social media Survey 153

NCR

JUNE 20, 2016

With an aging demographic, that target audience is now being taken over by the Millennial marketplace – and as you know, when it comes to business, its evolve or face extinction. So who are these Millennials, and how do you reach them? In placing Millennials into a bucket, first we must define this target audience.

Millennials 40

Millennials social media Guidelines Branding 40

Independent Banker

NOVEMBER 21, 2021

We are all a group of Davids fighting Goliaths,” he says. Walden Mutual will use that experience, plus Cummings’ fresh perspective, to embrace a technology-forward approach. Building a bank brand with impact. It is rare to have that level of experience,” Cummings says. Charley Cummings, Walden Mutual.

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

NOVEMBER 26, 2018

And some of those efforts have involved connected cars: General Motors , Shell and mobile payments provider P97, for instance, rolled out a way for consumers to find and pay for fuel through in-car technology earlier this year. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

MARCH 29, 2018

We engage people with a brand that they usually wouldn’t,” Zellmer said. “We’re We’re conquesting a target group, and engaging them with a brand, who do not want to commit to a three-year lease. They just want to go month by month and are willing to spend for that.”.

Atlanta 123

Atlanta Taxes Millennials Branding 123

PYMNTS

MAY 22, 2018

This challenge is seen across the spectrum of consumers, but it’s most acutely noticeable among older or bridge millennials — consumers between the ages of 30 and 40 who are buying houses, having children and beginning to settle into their roles as the drivers of commerce in the U.S. So, what’s a brand to do?

Millennials 109

Millennials Branding Retail Online 109

PYMNTS

AUGUST 4, 2016

Millennials Eschew Bank Mobile Wallets. The millennial generation has already shown its love for all things mobile, but big financial institution mobile wallets were not in the mix, begging the question: Are the banks too late off the mark to deliver mobile wallets to this generation? But the similarities end there.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

AUGUST 17, 2017

With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology. In this study, teen-focused retailers were analyzed to learn more about this group of shoppers.

Retail 127

Retail social media Online Mobile 127

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. There will always be teenagers, after all, and they have significant power and influence, along with a native mastery of mobile and other associated technologies.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

AUGUST 17, 2017

With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology. In this study, teen-focused retailers were analyzed to learn more about this group of shoppers.

Retail 114

Retail social media Online Mobile 114

PYMNTS

MAY 14, 2020

Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. For example, Naked Wines says it hired for 80 new positions, including customer service, data technology and marketing roles, in April 2020. Meanwhile, revenue from mobile devices increased by 55 percent to $65 million.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. The challenge with that approach lies with technology. An Analogy. and beyond. The Courage Factor.

Innovation 155

Innovation Study Technology Millennials 155

NCR

NOVEMBER 6, 2017

Banks have spent a lot of time in the last few years trying to attract the attention of affluent millennial consumers – those born between the early 80s and mid-90s, who are currently an immensely attractive segment for financial institutions. Don’t mix them up with millennials. Putting technology first.

Millennials 73

Millennials Study Groups Mobile 73

PYMNTS

JANUARY 17, 2020

For example, the approximate 35,000 members of Facebook group Afterpay Obsession discuss BNPL purchases’ benefits. Boosting shopping via smartphone has been a challenge for retailers, even as consumers spend many hours each day using their phones to interact with banks, brands, news platforms and social media outlets.

Mobile 130

Mobile social media Retail Study 130

NCR

OCTOBER 6, 2016

When it comes to attracting and retaining banking customers, the focus is often on millennials: how do banks identify with them? How do millennials prefer to communicate? Millennials are important, but they aren’t the only group worth taking note of for banks. What services are they interested in using? Final Thoughts.

Millennials 56

Millennials Groups Resources Survey 56

PYMNTS

NOVEMBER 5, 2018

AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal to shoppers willing to test out the technology. And new technology is in the works to help welcome them to the AR world: In October, it was reported that a Facebook executive said the company is developing augmented reality glasses.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

OCTOBER 23, 2018

A survey from the Medical Group Management Association (MGMA) and Navicure found that 77 percent of group practices still do paper-based billing. Healthcare for the most part is an industry that embraces the latest technology and procedures. One recent estimate said that incorrectly coded claims result in $6.7 Paper Domination.

blockchain 173

blockchain Study Case Study Fraud 173

PYMNTS

AUGUST 22, 2018

As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”.

Online 101

Online Retail Branding Data 101

PYMNTS

APRIL 4, 2018

Using their technology to analyze that kind of data, Gross noted, means they will be able to accept more customers and, in general, offer higher credit limits to customers (up to $10,000) because they have a much clearer picture of what they can afford. The groups included those new to using credit, people new to the U.S.

Cards 133

Cards Regulation Groups Branding 133

PYMNTS

JULY 21, 2017

Tech stocks, a milestone: Tech stocks as a group have passed the dotcom era peak, as of Wednesday. Where there’s new technology and novelty and money to be made, investors clamor, and now, it seems, bad guys lie in wait. In mobile, it seems, you go where the people are. Sears CEO Eddie Lampert said in a statement.

Millennials 100

Millennials Mobile Branding Retail 100

PYMNTS

FEBRUARY 7, 2017

Of Merchant Link’s own client base, Carcillo said half are brand-name businesses, while the other half are smaller businesses, storefronts or franchisees. There’s a demographic push at work here, too, said Carcillo, which he defined as “millennial consumer groups.”. He said the firm is seeing across-the-board adoption of EMV.

Data 100

Data Samsung Millennials Analysis 100

Banking 2020

NOVEMBER 27, 2015

No one understands this trend better than those pesky millennials. These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. It’s exhausting just trying to keep pace, let alone stay ahead.

Millennials 40

Millennials Survey social media Online 40

PYMNTS

APRIL 19, 2018

Merchants from QSRs to large eCommerce retailers are turning to technology such as digital kiosks to drive traffic into their stores. If they don’t, they risk losing business to competitors that embrace the technology, according to the PYMNTS Unattended Retail Tracker. Besides QSRs, this technology is popping up at hotels.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

FEBRUARY 1, 2019

However, even as P2P becomes a bigger part of peoples’ daily lives, the coming year will bring the challenges of earning more revenue from those services, and persuading a broader group of consumers to use these digital payment methods. The aim is to enable consumers who use Venmo to spend their balances in more places.

Cards 179

Cards Payments Mobile Operations 179

Insights on Business

JANUARY 31, 2019

Coffee chains continuously evolve their branding, in-store design and the way they deliver their offerings to not just keep “the coffee experience” fresh, but also to appeal to the next generation of consumers. Can long-established banks fend off competition from fintech startups in their conquest capturing this mindset? That answer is yes.

Payments 107

Payments Fraud San Francisco social media 107