PYMNTS

JANUARY 13, 2020

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

Millennials 154

Millennials Branding Mobile Data 154

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper.

Online 148

Online Payments Millennials Apple 148

PYMNTS

AUGUST 23, 2019

Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. Around the Payments And The Platform E conomy. Around the Payments And The Platform E conomy.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

APRIL 13, 2020

These individuals also expect faster payments in their day-to-day lives thanks to their interactions with peer-to-peer (P2P) payment apps. There has been similar growth in mobile disbursement interest in the business-to-business (B2B) space as well, especially as more millennial and Gen Z workers join firms’ staff.

Mobile 232

Mobile Innovation Millennials Payments 232

Bank Innovation

APRIL 24, 2017

Money payment apps have gained enough momentum to prompt banks to come up with their own millennial-focused money movement solutions. But despite all the effort FIs put in duplicating the seamless experience of popular payment apps, millennials still seem to be sticking with Venmo, or skipping those apps all together.

Millennials 223

Millennials Payments Report Online 223

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Competition is thus a multilevel event for hospitality services that need to juggle payment innovations, user perks and security.

Millennials 131

Millennials social media Mobile Payments 131

Bank Innovation

OCTOBER 28, 2016

Turns out even millennials don’t care that much about mobile payments. According to a report presented by the tech consultancy Accenture at Money20/20, the number of those of us in North America who use our mobile phones to pay at the point of sale hasn’t changed in the slightest since last year, Read More.

Millennials 150

Millennials Mobile Study Payments 150

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JULY 10, 2019

Product and eCommerce Innovation. Kohn said that he felt like Asian flavors were on trend after research, especially with millennial crowds and those in the demographic looking for out-of-the-box flavor profiles. Through the site, customers can pay with PayPal, Google Pay and card payments. The Meat Snack Market.

Innovation 140

Innovation Payments Millennials Retail 140

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. Like their love of BNPL.

Millennials 256

Millennials Report United States Study 256

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology.

Innovation 215

Innovation Millennials Technology Examples 215

Bank Innovation

SEPTEMBER 12, 2017

EXCLUSIVE – Millennials are famously credit-averse, but this means they risk losing out on building a credit history, which is necessary for, among many other things, getting a mortgage when they want to buy a home.

Millennials 277

Millennials Cards Online Innovation 277

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Those services include visual searches, hyper-personalization and seamless omnichannel functionality — all to weave together online and brick-and-mortar to enhance the consumer experience.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

OCTOBER 16, 2020

In today’s top payments news around the world, India’s pay-later app Slice is introducing a no-fee Visa Card, while Stripe is purchasing payment processor Paystack. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Stripe To Acquire African Payments Processor Paystack.

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. When Amazon was just about selling books online, its competition was the physical bookstore. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

MAY 24, 2019

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. It’s almost become the norm for women in their twenties and thirties [to buy clothes online] because it’s how they grew up,” she said. Johnson said.

Innovation 134

Innovation United States Online Millennials 134

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. But those sorts of projections almost certainly don’t reflect the reality of shopping and payments 20 years from today.

Online 197

Online Retail Mobile Branding 197

PYMNTS

JANUARY 22, 2020

Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. What’s New In The Gig Economy Payment World.

Payments 195

Payments Millennials Innovation Trends 195

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. As the year closes, PYMNTS calls out six payment methods that gained traction and attention, including a take from key executives in each category. percent of bridge millennials have used BNPL, close to double the average.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

NOVEMBER 19, 2020

percent, state that most of their non-government payments come through non-instant methods and take more than a day to receive. Receivers, moreover, most likely do not monitor their accounts constantly and therefore have no way of knowing with certainty how fast the payments reach their accounts. Millennials come in second at 15.6

Payments 237

Payments Millennials Groups Survey 237

PYMNTS

SEPTEMBER 20, 2019

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally.

Online 118

Online Millennials Community Fraud 118

Bank Innovation

AUGUST 23, 2016

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials.

Millennials 150

Millennials Fintech Industry Online 150

NCR

MARCH 22, 2017

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. Millennials are starting more businesses than previous generations, and they’re starting them at a younger age than their predecessors. By 2020, it could be as many as 50 billion.

Millennials 49

Millennials Innovation Digital Banking Security 49

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The move will enable Razer Pay e-wallet users to make payments wherever Visa is accepted.

Company 100

Company Online San Francisco Payments 100

PYMNTS

OCTOBER 1, 2019

From barter, to cash, to eCommerce, and now, to contactless payments – even those enabled by voice command. The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. percentage points to 31.3

Millennials 140

Millennials Payments Groups Study 140

PYMNTS

SEPTEMBER 8, 2020

But nowadays, “every decision that we make — ‘Should I go to the grocery store or should I order my groceries online and then pick them up from the curb? Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. And we see it as one of our responsibilities to bring those innovations to our merchants.”.

Innovation 223

Innovation Retail Millennials Tools 223

Bank Innovation

AUGUST 5, 2016

Banks only care about millennials, right? Yesterday Capital One, a leader in digital banking, joined OATS (Older Adults Technology Services) in launching‘“Ready, Set, Bank: Online Banking Made Easy,’” an educational tool designed to increase online banking usage among older adults, enabling them Read More.

Capital 150

Capital Online Millennials Tools 150

Bank Innovation

JANUARY 20, 2017

11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners. Amazon wins, once again, at a game it didn’t even know it was playing. According to a Jan.

Millennials 150

Millennials Google Apple Survey 150

PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

BankInovation

MARCH 30, 2023

E-commerce and embedded payments continue to gain popularity as millennials and Gen Z consumers look to social media for shopping experiences — and banks must meet their customers where they are shopping online.

social media 52

social media Millennials Payments Meeting 52

PYMNTS

NOVEMBER 15, 2018

Increasingly everything is online these days, up to and including consumer identity. That means many things are changing for the better: Checks, for the first time ever, aren’t the majority of B2B payments , and consumers of all ages have an increasing number of entry points to the digital economy. percent: Share of U.S.

Data 128

Data Virginia Payments Millennials 128

PYMNTS

OCTOBER 9, 2020

47.8%: Portion of early shoppers who are concerned about online orders being delivered on time. 40%: Share of millennials who do not have a primary care physician. -based AR provider Envisics received this week from various sources. 77%: Share of consumers who would rather use touchless technologies due to the coronavirus crisis.

Retail 126

Retail Innovation Millennials Data 126

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Some marketplaces are finding innovation in this space easier than others. About The Playbook.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

JULY 25, 2019

On a global stage, one size does not fit all when it comes to payments. In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures.

Payments 189

Payments Innovation Examples Cards 189

PYMNTS

MAY 29, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

DECEMBER 4, 2018

Loyalty has come a long way in the payments realm, from the days when strict terms of rewards programs were more frustrating than enticing for consumers. That comes as digital payments are entering the mainstream, driven by technology and demographics. This all should serve as food for thought as the holidays are upon us.

Payments 191

Payments Millennials Cards Course 191