PYMNTS

JANUARY 21, 2019

countries or regions, an increase from 2.1 Chinese millennials, born between 1990 and 1999, lead the pack when it comes to exotic locations, as 5 percent have even traveled to Nordic countries. Chinese tourists also traveled more than ever before, visiting an average of 2.8 the previous year.

Mobile 142

Mobile Payments Millennials Survey 142

PYMNTS

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. Among this group, 31.4 percent of local and regional FI cardholders that report the availability of this feature.

Regional 241

Regional National Cards Mobile 241

PYMNTS

SEPTEMBER 19, 2016

Will anything ever excite millennials about credit cards? Elizabeth Warren (D-MA), a group of Democratic senators has asked Wells’ chairman and CEO whether or not the bank intends to take some of that compensation back from executives and managers who allegedly supported the opening of those 2 million fraudulent accounts.

Millennials 100

Millennials Cards Fraud Online 100

PYMNTS

SEPTEMBER 8, 2020

The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. One-third of millennials have been laid off due to the COVID-19, and another 42 percent said their pay has been cut, researchers reported. The number of young adults living with parents swelled to 26.6

Study 131

Study Boston Millennials Survey 131

Abrigo

JULY 3, 2017

The survey found that all age groups of business owners – but particularly those younger than age 55 -- prefer their accountants to handle all or most of their accounting work paperlessly. Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent.

Mobile 150

Mobile Millennials Survey eBook 150

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

JUNE 26, 2017

This desire to have a positive impact on their surroundings is also the biggest motivation for younger entrepreneurs to achieve influence, the report found, with millennial entrepreneurs saying influence is more important than wealth. Older entrepreneurs, however, said wealth is more important. Fifty-eight percent of U.K. entrepreneurs.

Millennials 132

Millennials Regional Report Community 132

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. Register now for our upcoming virtual panel on Revenue Resilience | August 11, 2020 at 2pm EST / 11am PST.

System 332

System Metro Operations Millennials 332

PYMNTS

JANUARY 3, 2020

The move was widely considered the biggest shake-up in Singapore’s financial services market in two decades, during which time the landscape has been mostly controlled by the nation’s large traditional banks: DBS Group Holdings Ltd., There are some 630 million residents in that region. Oversea-Chinese Banking Corp.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

DECEMBER 22, 2016

It has a partnership with Julius Klein Group, which is a top U.S. The company works with more than 230 independent jewelers who have exclusive rights and percentage of profits within the region for Ritani purchases. This model bodes especially well with millennials, who do their research online but still want to see it in person.

Millennials 100

Millennials Branding Online Regional 100

Independent Banker

NOVEMBER 21, 2021

We are all a group of Davids fighting Goliaths,” he says. It bothers Cummings that, according to a 2019 study by Cornerstone Advisors, 44% of millennials bank with one of the three biggest banks. Impact is meaningful when it is local, tangible and specific,” he says. Charley Cummings, Walden Mutual. Setting down roots.

Community 170

Community New Hampshire New York Millennials 170

Abrigo

OCTOBER 21, 2019

I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay. You can’t ignore an entire group, said Jill Hudson, Vice President of Loan Operations at Vision Bank, another panelist at the ThinkBIG conference. This often means finding a balance between traditional services and digital innovation.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

FEBRUARY 10, 2020

It started as a simple online form: Users would fill out their destinations, the number of travelers in their group, their dates of travel and a bit of information on what they are like. They can then choose the regions or neighborhoods in which they are comfortable staying, and pay for their room with a credit or debit card via Stripe.

Las Vegas 142

Las Vegas San Francisco Nashville Chicago 142

PYMNTS

OCTOBER 8, 2020

French health and beauty conglomerate L’Oréal is striking an aggressive pose for voice commerce in the Asia-Pacific region, with an emphasis on older millennials. “We L’Oréal Speaks Up In APAC. Guy says the campaign increased sales by 22 percent and increased weekly conversations four-fold.

Google 161

Google Branding Millennials Technology 161

PYMNTS

MAY 23, 2019

While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

MAY 29, 2020

Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash . The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

Independent Banker

JUNE 30, 2022

This could be as simple as ensuring there are meat-free options for vegetarians at every company event, or as involved as establishing culturally specific employee resource groups. To that end, she and her colleagues set up an internal focus group that met monthly, starting in January 2021. Quick Stat. Listen and be curious. “It

Community Bank 91

Community Bank Community Leadership Millennials 91

PYMNTS

JANUARY 15, 2019

In addition, the firm said that it is launching the second phase of its advertising campaign known as “Money is Changing,” and where the campaign will train a spotlight on millennial women, with focus on steps they have taken to tackle and overcome money-related challenges. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

DECEMBER 19, 2016

Other than regional, the big shifts this year are generational. Baby boomers continue to be early shoppers; millennials, on the other hand, shop later in the season and later in the day. Millennials are the general driving back and really changing the shape of the Christmas shopping season,” Schrieber noted. “And

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

DECEMBER 1, 2017

What do you get when a group of esteemed observers and participants in the financial system — among them Nobel laureates and billionaires and not a few government officials — chime in, as one, about the lures and lunacy of unchecked speculation? You get cause for concern. Food for thought. Or at least pondering a pause. There are roughly 16.7

Bitcoin 128

Bitcoin cryptocurrency blockchain Millennials 128

NCR

APRIL 16, 2018

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Standing out in a crowded marketplace. Digital demands. Image: mdgomes via iStock.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

PYMNTS

NOVEMBER 23, 2016

Now, he added, mobile is slowly being adopted as technology is improving along different fronts, including authentication, and even along regional divides. One added tailwind: millennials, said op de Weegh. Those users prefer mobile over desktop settings. “To

Mobile 100

Mobile Payments Millennials United States 100

PYMNTS

DECEMBER 4, 2019

Beyond that, one of the biggest challenges is the tendency of many adventure (and luxury) travelers to share their adventures as part of a group. More and more consumers are getting used to doing P2P payments — one way to split tabs — but travel experiences are a much different beast than are group dinners in restaurants.

Leadership 131

Leadership Industry Google Groups 131

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. Some of those new P2P offerings even come from smaller FIs, the company noted.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

DECEMBER 4, 2019

Beyond that, one of the biggest challenges is the tendency of many adventure (and luxury) travelers to share their adventures as part of a group. More and more consumers are getting used to doing P2P payments — one way to split tabs — but travel experiences are a much different beast than are group dinners in restaurants.

Leadership 130

Leadership Industry Google Groups 130

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). Lenders who ignore this age group do so at their peril.”.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

JUNE 25, 2019

Indeed, as PYMNTS has covered , a group of startups is setting its sights on the travel activities industry, which is the fastest growing segment in the tourism market. Asian inter-regional demand itself is as sizeable as the U.S. The rise of Oyo comes amid other innovations and disruptions in the world of online travel. and Europe.

Online 100

Online Retail Capital Marketing 100

CB Insights

DECEMBER 7, 2017

Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies. This helped navigate fragmented regional regulations. Driver 3: Individuals’ debt burden forces them to find alternative lenders.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

OCTOBER 11, 2019

It’s an option especially attractive to millennials and younger demographics,” Sutter said. It’s different in every region,” he said, referring to the legal requirements and other logistics. That, in turn, means an opportunity for those travel industry players that can offer installment payment plans to appeal to those travelers.

Course 124

Course Payments Innovation Tools 124

Banking 2020

NOVEMBER 27, 2015

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. Meanwhile, the large regional or national banks are the biggest losers, saying sayonara to 16% in this customer age group.

Millennials 40

Millennials Survey social media Online 40

PYMNTS

JUNE 22, 2018

Charles Jarrett, vice president and CIO of Cumberland Farms (a convenience store chain with some 600 locations in eight states), recently discussed the future of that type of retail with Karen Webster, and gave an update on how the company’s redesigned SmartPay mobile app is helping lead that transformation for the regional chain.

Payments 102

Payments Retail Millennials Branding 102

American Banker

SEPTEMBER 12, 2016

Groups in North Carolina, Pennsylvania and elsewhere are stepping up efforts to create programs and conferences dedicated to younger bankers, including millennials.

North Carolina 28

North Carolina Pennsylvania Millennials Conference 28

PYMNTS

MAY 4, 2018

They’ll have the option to discover others with similar interests through their Groups or Events.”. Unlocking allows Dating for Facebook users to make their profile visible to other attendees of an event or a group of which they’re a part. Facebook hopes to be able to point out who else at the bar is single and ready to mingle.

Taxes 115

Taxes social media Data Millennials 115

FICO

DECEMBER 13, 2017

I’ve focused on what I see across EMEA, but some of these trends will play out in other regions as well. Those running towards AI and machine learning, a growing group, are likely to have their visions slowed up by the here and now. Not unless your idea of fun is spinning plates while dodging projectiles. Regulations. Customer Trends.

Regulation 45

Regulation Guidelines Trends Millennials 45

PYMNTS

JUNE 22, 2017

Regionally, shoppers in the Pacific Northwest are the leading spenders online — averaging $251 per month — though surprisingly, the Northeast does not take the number two spot on the list with its $203 average. Interestingly though, the second-highest spend was not in the second-highest income group, or even the third.

Online 134

Online Fraud Retail Survey 134

PYMNTS

JANUARY 31, 2020

And finally, there’s bitcoin, which has seen its use, transacting, trading and popularity fall off of late — except for among one group: criminals. If they can get it under control quickly, it will even then have an impact on GDP and the hundreds of brands that are in the Wuhan region. It depends a little on how this plays out.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

CB Insights

MARCH 2, 2018

“We believe that globalization is the future,” said Jack Ma, co-founder and executive chairman of Alibaba Group. India is the region with the highest growth potential, and this is why both Amazon and Alibaba see it as critical to their long-term strategy. Millennials account for one-third of India’s population.

Regional 68

Regional Retail Marketing Online 68