PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. That license will let the challenger bank launch banking operations, regulated by both the PRA and the Financial Conduct Authority (FCA). The age of personalized service is upon us. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JUNE 2, 2017

For instance, as business owners age, their operating expenses increase, as do their personal credit scores. The media focus on Millennials as if there is no other growth group. Meanwhile, entrepreneurs over the age of 60 enjoy an approval rate of 26 percent. Current entrepreneurs matter.”.

Millennials 111

Millennials Study Lending Capital 111

PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. Luxury retailers are also targeting millennial and Generation Z consumers to expand their customer bases, with one report showing that millennials accounted for 35 percent of high-end retail purchases, for example.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

JANUARY 28, 2021

CU member interest in digital payment methods is also strongest among younger age groups representing sought-after markets for CUs because of concerns about aging membership bases. PYMNTS’ research indicates that millennials (ages 23 to 39) and bridge millennials (ages 30 to 40) have the greatest interest in P2P payment use, for example.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Unfortunately for Amex, the signal is a bit too bright — and obvious — meaning millennials don’t like it nearly so much as the unassuming Chase Sapphire Reserve card. InterContinental Hotel Group, the U.K.-based

Millennials 109

Millennials Cards New York Branding 109

NCR

JULY 7, 2017

All banks are aware of the importance of catering to the needs of the millennial generation. But developing a clear idea of what a certain group of customers want, and then coming up with strategies to meet these expectations, is by no means an easy task. He told Venture Beat : “[Millennials] just want to live their lives.

Millennials 75

Millennials Customer Experience Meeting Industry 75

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. Many consumer businesses operate with very high fixed costs and oftentimes have excess capacity to fill, he explained. Many of the restaurants in Boston or across the U.S.

Millennials 101

Millennials Boston social media Groups 101

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

MAY 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. cardholders across a range of age and income groups. To learn more about how FIs can optimize their customer service operations, download the report.

Cards 216

Cards Data Millennials Report 216

PYMNTS

NOVEMBER 4, 2019

In addition, Early Warning Services, the network operator behind Zelle, announced that $49 billion was sent through the Zelle network on 196 million transactions during Q3 2019. bank account has access to Zelle in their mobile banking app,” Lou Anne Alexander, group president of payments solutions at Early Warning, said in a press release.

Groups 101

Groups Payments Mobile Dallas 101

PYMNTS

NOVEMBER 9, 2020

But expectations have changed dramatically, and shrewd physical store operators need to respond accordingly. The payment options merchants accept impact consumers’ willingness to shop in store for 69 percent of bridge millennials, 70 percent of millennials and 71 percent of Gen Z consumers.”. With the U.S.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

NOVEMBER 27, 2019

Additional PYMNTS research found that firms believe implementing automation could significantly improve their operations, particularly their B2B payments. The following Deep Dive outlines automation’s benefits, its potential ROI for implementing organizations and how these solutions can recruit millennial workers. . A notable 80.8

Millennials 161

Millennials Payments Capital Technology 161

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk.

Millennials 142

Millennials Meeting Innovation Mobile 142

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. For corporate travel, it has been encouraging partners to focus their offerings on millennials.

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Millennials. million people in the U.S., Generation Z.

Retail 147

Retail Millennials Study Trends 147

PYMNTS

JUNE 23, 2020

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Technology groups have powered the buoyancy of those firms, the Financial Times reported. The number of small U.S. The number is the highest since 2010’s 44 percent, the index says. Nicholas Bohnsack , president of U.S.

US 175

US Data Comparison Millennials 175

PYMNTS

APRIL 8, 2020

PYMNTS found that baby boomers and seniors, at more than 75 percent, are among the most likely groups to say that SMBs need to be supported by government efforts. Bridge millennials voiced 57.2 That compares to just 55 percent of millennials who say the same thing. percent support. Overall, and looking more broadly, 55.5

Millennials 204

Millennials Maine New York Survey 204

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. The operative word here is “could.”. Nearly 60 percent (59.1

Millennials 212

Millennials Study Payments Data 212

PYMNTS

DECEMBER 11, 2019

Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations. This consumer group takes more trips than other generations, but takes longer to plan those trips as well.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

AUGUST 9, 2019

Nor is interest in everyday apps exclusive to any particular age group. These two groups were the second- and first-most likely age groups to express interest in using everyday apps, respectively. These two groups were the second- and first-most likely age groups to express interest in using everyday apps, respectively.

Data 155

Data Millennials Google Apple 155

American Banker

DECEMBER 9, 2019

Businesses need to shift focus away from millennials and toward the next age group, which is expected to be so demanding that business processes will have to be overhauled, says Julia Carreon, the bank's managing director of digital and fiduciary operations.

Millennials 73

Millennials Groups Operations Management 73

PYMNTS

AUGUST 19, 2019

In a new PYMNTS interview, Sri Narasimhan, head of strategy, partnerships and business development at LISNR , dug into the findings of new research from his company and PYMNTS on the state of mobile commerce as retailers strive to fully incorporate the evolving technology into their operations and value propositions. percent and 42.8

Mobile 179

Mobile Millennials Retail Online 179

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

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. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

APRIL 29, 2020

Millennials carry two fewer credit cards than their Generation X counterparts, for example, and are the single-largest demographic group using BNPL solutions. Small businesses face an uphill battle, with only a third surviving their first 10 years of operation due to a variety of factors including poor sales.

Payments 175

Payments Millennials Cards Retail 175

PYMNTS

AUGUST 9, 2018

Consumers aren’t digital novices anymore, and they keep expecting more from eCommerce operators. Different consumer groups do contextual commerce in their own ways, but one of the most significant segments consists of “ bridge millennials.” Consumers are everywhere, and they are ready to shop at any time.

Millennials 101

Millennials social media Exercises Retail 101

NCR

NOVEMBER 9, 2017

For example, 59 percent of millennials have made a peer-to-peer (P2P) digital payment via a mobile device, compared with just 34 per cent of adults across all age groups. In addition, 37 percent of millennials said they would like to use biometrics in tandem with a banking app, compared with just 31 per cent of adults overall.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

JANUARY 20, 2020

“Papyrus parent company Schurman Retail Group had been attempting to renegotiate lease terms for its stores, but apparently not enough concessions were made to help save the company’s locations,” the report stated. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks. IBM Think LinkedIn Group.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

Perficient

JULY 31, 2020

Three leading organizations — Salesforce , Perficient , and The Chartis Group — have come together to share bright spots within the healthcare community that can point the way to building the necessary capacity to adapt. We identified Six Key Commitments, and here are the first , second , and third articles.

System 332

System Metro Operations Millennials 332

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Email is the most common means (71.5

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

NOVEMBER 15, 2017

Today, more than a century later, that credit union is still operational and is now focused on serving a new type of member: millennials. From mill works to millennials … the nation’s oldest credit union speaks. Today, it is still active but, instead of catering to mill workers, it is pitching its services to millennials.

Trends 130

Trends New Hampshire Phoenix Millennials 130

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

OCTOBER 21, 2018

JPMorgan Chief Executive Jamie Dimon views technology as a way to keep back the competition from FinTech startups that are luring over millennial customers in droves. She said WePay has benefited because it got access to a whole new group of partners. The campus will be located between Facebook and Google in the Stanford Research Park.

Fintech 194

Fintech Fraud Millennials California 194

Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. We are all a group of Davids fighting Goliaths,” he says.

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

OCTOBER 8, 2019

Groww focuses on investment products and services marketed to millennials. The company offers and operates an app that allows users to track daily spend. And in a nod to the fact that India’s FinTech sector is heating up, Inc42 reports that Switzerland-based IT security solutions EST Group “has said it is bullish on Indian startups.”

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . especially in urban areas and among millennials,” said Andrew Quartermaine, vice president, ACI Worldwide. One of the U.K.’s

Retail 139

Retail Mobile Millennials Operations 139