PYMNTS

MARCH 2, 2020

We’ve all heard that millennials, for example, think of bank branches as a vestiges of another century with little relevance to their financial lives. Even millennials, who heavily lean on remote banking, still visit physical bank locations for more complex functions like loan applications” monthly. Turns out that’s inaccurate.

ATM 191

ATM Millennials Retail Video 191

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. I think [that] is definitely a positive, both for the retailer and consumer.”. Nick Molnar , co-founder and U.S.

US 206

US Retail Millennials Trends 206

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. Enter the platforms, complete with algorithms and tools to discover and price-compare any experience or item that can be booked or rented online. Where’s the Trust?

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

JANUARY 25, 2021

That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business. “So The millennials love mobility. So I say, wait a minute, 2.3 Like Airbnb, Only Different.

Millennials 349

Millennials Utah Mobile National 349

PYMNTS

OCTOBER 13, 2020

Just like using Afterpay online, customers can pay for their in-store purchases in four installment payments, without the need to take out a traditional loan or pay upfront fees or interest. The exclusive product-drop ecosystem is on fire, the online market and just the frequency with which customers are transacting is definitely elevating.

Retail 130

Retail United States Millennials Branding 130

BankBazaar

JULY 17, 2019

Whenever you want to buy an insurance plan, the first thing that comes to your mind is whether you should contact an insurance agent or buy it online, huh? With a plethora of insurance companies in the market offering a variety of policies, people often get confused. Benefits Of Getting Insurance Policies Online.

Policies 60

Policies Online Comparison Millennials 60

PYMNTS

MARCH 11, 2019

Realizing the market has not yet come up with a good method to fix the problem, they decide to build their own solution and solve the problem for everyone. But bigger than the cupcake-replacement innovation, perhaps, was the realization five years ago that the dessert on demand market in Dubai was basically non-existent — but not unwanted.

Online 148

Online Marketing Millennials Branding 148

PYMNTS

MAY 11, 2020

Many gyms have taken a page from Peloton’s book and started offering online classes, numerous restaurants have transformed themselves into meal kit businesses practically overnight, and sellers of physical goods have started shipping items directly to consumers’ doors, bypassing the physical stores altogether.

Millennials 228

Millennials Retail Groups Survey 228

NCR

FEBRUARY 17, 2016

Millennials are broke, burdened with too many college loans and living in their parents’ basements. In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 Actually, they do.

Millennials 40

Millennials Study Mobile Training 40

PYMNTS

MAY 19, 2018

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

FEBRUARY 13, 2020

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials. As Brown said, “In markets such as the EU and the U.K.,

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

FEBRUARY 10, 2020

Both of the company’s 7 For All Mankind and Splendid brands recently partnered with BNPL solutions provider Afterpay , enabling consumers to make installment payments on their purchases and increase access to sought-after items while maintaining the convenience of online purchasing processes. Fashion is projected to generate $712.9

Branding 134

Branding Retail Millennials Payments 134

PYMNTS

APRIL 10, 2020

Payment] innovation is definitely one of those things that, when it is mentioned and brought up, everybody loves the idea,” Schmitt said. v has yet to build out support for more innovative mobile disbursement methods, but it does have the technical capacity to do so. Insurers need to be ready for the shift to mobile.

Mobile 198

Mobile Technology social media Customer Experience 198

BankBazaar

JULY 1, 2019

Given the emergence of Indian millennials as a key target group for every marketer, we recommended a specific focus on this target group in client’s communication. We launched a category-first Millennial Aspiration Index representing the target group’s aspirations. The award is in recognition of BankBazaar Aspiration Index 2018.

social media 60

social media Millennials Conference Groups 60

PYMNTS

MARCH 30, 2020

Particularly among younger consumers, the millennial and Gen Z “digital natives,” who, by the numbers, show a much greater affection for the physical store than their boomer parents and Gen X older siblings do. So why aren’t digital natives shopping digitally? “As

Retail 177

Retail social media Millennials Branding 177

PYMNTS

FEBRUARY 19, 2019

Those two platforms currently dominate a significant share of the market, but the space appears ready for a sea change. . This definitely can be a side hustle, but also a full-time job — [it’s] all what you want to make of it.” . Embracing new technologies could bring more millennials into maritime-based activities.

Industry 123

Industry Technology Millennials Marketing 123

PYMNTS

AUGUST 27, 2019

One-third of Gen Z members and more than one-quarter of millennials will make secondhand purchases in 2019 due to environmental concerns and cheaper prices, for example. The online thrifting market combines both of these factors, making it especially popular among both demographic groups.

San Francisco 116

San Francisco Online Retail Millennials 116

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. The Two Faces Of Consumer Credit. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

Gonzobanker

AUGUST 10, 2023

For virtually every financial institution, designing and executing a hybrid workplace strategy is definitely a W ork- I n- P rocess with lots of room for improvement. 2022 Workplace Culture Report found a big disconnect in how employees value online training and virtual meetings.

Leadership 139

Leadership Training Meeting Michigan 139

PYMNTS

DECEMBER 9, 2019

consumers are predicted to spend more than $1 trillion during the 2019 holiday season, mostly through online and Cyber Monday deals. Fashion To Figure caters to the $21 billion plus size women’s clothing market. Holiday spending has changed over the past decade as digital payments began to filter into the retail world.

Millennials 131

Millennials Branding Retail Payments 131

BankBazaar

JANUARY 9, 2020

Looking for trends in India’s personal finance market? BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. Millennials between the age of 26 and 35 were the primary drivers, marking a 43.38% growth in applications in this segment.

Report 136

Report Metro Cards Trends 136

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. But starting with things that are pretty and fun?

Course 145

Course Groups Online Trends 145

PYMNTS

APRIL 10, 2018

As it turns out, sixty-three percent of Americans reportedly prefer opening new checking accounts in person as opposed to using a mobile app or online interface, and 50 percent consider online banking “less legitimate” than doing business at a branch. This is a learned experience from when we were all kids.

Mobile 101

Mobile Digital Banking Millennials Online 101

PYMNTS

MAY 18, 2018

As a new brand, you can’t advertise that; you can’t market trust. LaBella said it all began with a strong online presence, built around a blog and community forum. While the personal connections are definitely key, LaBella said there are other factors that go into building trust. What Goes Into Trust? What’s Next.

Community 116

Community Cards Marketing Branding 116

PYMNTS

APRIL 30, 2019

He noted a recent survey that found 50 percent of millennials, 40 percent of Gen X and 20 percent of baby boomers have indicated they are “more likely” to visit stores with intelligent retail or automated checkout facilities than standard retail outposts. This has become an irreversible trend,” he said. The Changing Retail Footprint.

Retail 138

Retail Data Operations Payments 138

PYMNTS

JANUARY 14, 2019

News last week that Macy’s profits would take an unexpected Q4 nosedive set off a retail stock market shock wave that wiped $34 billion in value from the sector. What’s really steered people wrong is focusing on the average percentage of all retail sales that are online, and ignoring what’s happening in key verticals.

Retail 198

Retail Online Mobile Data 198

PYMNTS

AUGUST 13, 2018

Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events. Millennials are more likely to use credit cards in order to build up their credit rating, and not for day-to-day living,” he told Retail Dive earlier this year.

Fort Worth 107

Fort Worth Branding Cards Retail 107

Banking 2020

NOVEMBER 27, 2015

When we’re online, we can go anywhere, and surely do. No one understands this trend better than those pesky millennials. The report makes clear that while winning over millennial customers is hard enough, keeping them can be even harder. Some online-only startup, with operations based overseas? So where are they going?

Millennials 40

Millennials Survey social media Online 40

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Many of those are payment apps used by consumers online, but not in brick-and-mortar stores without access to Apple’s NFC chip.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

AUGUST 30, 2017

Which can make Belle Cares, an on-demand firm that offers professional beauticians who make house calls, seem like something of a surprise on first glance because the Nashville-based startup’s customers are not young by any definition. And that is a problem that Belle Cares thinks it can solve.

Nashville 123

Nashville Tennessee Millennials Training 123

PYMNTS

NOVEMBER 21, 2016

The sizzle behind Sezzle, noted Webster, is that it operates as a payments platform that allows merchants to have an alternative to enabling payments to their online storefronts and, she added, offers cash back to consumers who use the Sezzle app at the time of payment. The initial transaction requires bank information to be entered.

Payments 100

Payments Cards Millennials Operations 100

PYMNTS

OCTOBER 25, 2017

In addition to explaining how adding a social layer to money transfer platforms can enable consumers to have fun with their funds, he also stressed that there are billion-dollar markets open to firms that are willing and able to master the new tools available to spur user engagement with money transfer. We help our partners ‘win.’

Mobile 100

Mobile User Experience Examples Millennials 100

Celent Banking

MARCH 16, 2015

The conference was well attended, with broad representation from all institution sizes and markets. Smaller institutions are finding it hard to overcome some of the barriers of resources and marketing that arise as the competitive landscape broadens. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g.

Conference 100

Conference Retail Community Community Bank 100

FICO

OCTOBER 16, 2018

Here’s the challenge – keep pace with the rapidly-evolving expectations of young consumers entering the market. It was Millennials. According to a 2017 report from the Digital Banking Report , 66% of banks offer online account opening and 18% offer mobile account opening. Welcome to the on-demand generation.

Millennials 40

Millennials Meeting Examples Fraud 40

PYMNTS

JULY 23, 2018

May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market. That sounds pretty good in a market in which wages are stagnating — with base comp rising at 0.5 Are the more than a third of U.S.

Cards 122

Cards Groups Report US 122

PYMNTS

JULY 31, 2017

According to Gail Seanor, senior director of marketing technology at TGI Fridays, the results have been largely positive. The company has seen a 30 percent increase in off-premise sales since enabling online mobile ordering capabilities less than 12 months ago, Seanor said — all without change to in-store revenue.

Mobile 101

Mobile Branding Technology Online 101