PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time.

Retail 114

Retail social media Online Mobile 114

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. The model, according to Holtz, has two main upsides.

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MAY 30, 2018

If they are a millennial, odds are good that they are shopping, since 81 percent use their phone as their name commerce channel. 81 percent: The share of millennials who report the mobile phone as their main digital purchasing channel. 80 percent: The share of American adults with access to a smartphone.

Millennials 108

Millennials Maine Security Mobile 108

PYMNTS

OCTOBER 2, 2017

The Paysafe study focused on one main question: What is the tipping point that has been moving people from cash payments to alternative cash formats, thus setting the stage for a lot of change in retail? According to Daly, the next big evolution will millennials may lie in biometrics. Here are the numbers: 3,000 | Number of U.S.,

Data 120

Data Payments Millennials Study 120

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. 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. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MARCH 10, 2017

What if we were to tell you that retail shopping isn’t dead? That’s bad news for commercial mortgage-backed securities tied to real estate, where loan viability and payments visibility remains in doubt if rent is not there to cover interest payments or if no tenants are left to pay said rent. Bricks and Mortar , Alive?

Bitcoin 122

Bitcoin Retail Security Maine 122

PYMNTS

JUNE 16, 2016

It’s no wonder why retailers love gift cards – they are known to drive foot traffic, increase revenue, boost their customer base and complement retention efforts. But as consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare?

Retail 100

Retail Cards Fraud Data 100

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Las Vegas 101

Las Vegas Millennials Meeting Maine 101

PYMNTS

SEPTEMBER 24, 2019

The firm’s digital payments and collection service enables merchants to offer unstructured supplementary service data (USSD) and QR code-based mobile retail payment acceptance and immediately receive the revenue. Millennials no longer rule the mobile services space. Ecobank announced recently that 1 billion NGN ($2.75

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

APRIL 29, 2019

In the particular case of convenience store (C-store) commerce, a section of retail poised to become a vital part of the emerging connected vehicle ecosystem, that means taking a journey back several decades, during the mid-century peak of carhop culture. Not to mention, those experiences go beyond pumpside deliveries. C-Store Experience.

Mobile 152

Mobile Maine Trends Retail 152

PYMNTS

JUNE 29, 2018

The latest evidence in favor of the work ethic of those young people (aka millennials ?): In fact, 51 percent of millennials have at least one of those jobs to earn extra cash. Economic circumstances play a significant role in pushing millennials into the gig economy. Debt And Job Insecurity. Debt And Job Insecurity.

Millennials 102

Millennials Survey Maine Analysis 102

PYMNTS

APRIL 2, 2019

App security, speed and partnerships with brands like Deliveroo are all ways the company is looking to augment the MOA experience for the modern customer, Sharif said. QSRs are attempting to create a mobile experience tailored for millennials, a generation that, on average, dines out five times per week.

Security 100

Security Mobile Branding User Experience 100

PYMNTS

AUGUST 9, 2019

The world’s largest retailer by sales quietly filed an application with the U.S. The App Store and Google Play collectively offer more than five million mobile apps offering every type of service imaginable – ridesharing, music and video streaming, aggregators, banking, quick-service restaurants (QSR), retail merchants and countless others.

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

DECEMBER 20, 2019

How Grocery Retail Will Evolve In 2020 . Combating fraud, however, comes at a cost, as burdensome security procedures may scare away legitimate customers. Millennials Make Big Push For B2B Personalization. Why Rent The Runway Wants To Become The Amazon Prime Of Retail.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Ensuring security will play an equally important role. Forty-four out of the 50 U.S.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. This month’s Deep Dive examines what it takes to ensure convenient, secure online shopping experiences.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

APRIL 14, 2020

Perhaps no retail category has been under as much pressure during the past six weeks than grocery. Millennials accounted for 32.9 While the main reason for the overall decrease in grocery was due to COVID-19 concerns (35.4 The data shows that 73.5 lived in smaller cities and towns of below 500,000 inhabitants.

Dallas 196

Dallas Texas Data Millennials 196

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

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

AUGUST 24, 2018

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

JANUARY 14, 2019

And in an example of how automotive manufacturers must form connected vehicle relationships with payments, retail and other tech players, Honda said it was expanding its in-vehicle collaboration to include Mastercard and PayPal — along with reaffirming its in-vehicle payments work with Visa.

Las Vegas 128

Las Vegas Samsung Technology Tools 128

PYMNTS

JUNE 1, 2020

Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Gas stations are encouraging it. Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JUNE 13, 2018

Industries of all types are embracing the potential of embedded payments to not only sell products, but to help plan and purchase experiences as well, and are rolling out new solutions in hopes of securing their slice of the pie. Elsewhere in the platforms space, one new partnership could mean big things for eCommerce retailers.

Trends 101

Trends Payments Millennials Online 101

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. billion in sales for the month of November alone. Just a few weeks after the U.S.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

MAY 30, 2016

Store Front Business Index: Main Street USA, A-OK? One of the most significant: the health and importance of small businesses and, in particular, the “mom-and-pop” shops that line the Main Streets and side streets of our local communities. Secure Convenience: The New Password Death March? Global Fraud Attacks. Digital Identity.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

AUGUST 7, 2018

Contextual commerce is an emerging force in online retail, and a topic recently discussed in-depth during a PYMNTS webinar featuring Karen Webster and Azita Habibi, business development lead at Braintree. It’s a process that revolves around “discovery,” according to Habibi. Who doesn’t like an expedited experience?” Habibi asked.

Meeting 110

Meeting social media Report Retail 110

Celent Banking

OCTOBER 10, 2016

The day focused mostly on mobile wallets, with a few main points shared below: Mobile wallets have been challenged by industry barriers : The old rule of thumb with a payments scheme is that it needs to please three parties: the merchant, the bank, and the consumer. I was only able to attend the final day, but it didn’t disappoint.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

MAY 26, 2017

The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families. According to a recent study , over 16 million millennial women (born between 1981 and 1997) have children, and that number is expected to grow.

Marketing 115

Marketing Payments Community Millennials 115

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Already present in retail , HR , and marketing , AI is finding its way in the world of banking. Security is one of the main concerns of online banking, and automated systems are prone to hacking unless properly secured. Defining AI for banking.

Big Data 111

Big Data Data Fraud System 111

PYMNTS

DECEMBER 31, 2016

The startup drew jealous ire from competitor Facebook/Instagram , success from millennials and confused befuddlement from baby boomers this year, along with a $1.81 Amazon plans to add another 600 million to its retail family by breaking into Southeast Asia, starting with Singapore in the first quarter of 2017. Resolution: Study up. .

Apple 109

Apple Security social media Study 109

PYMNTS

AUGUST 26, 2019

Instagram has been particularly crucial to building its loyal following among millennial and Gen Z shoppers, with a follower count of 450,000 and growing. The brand’s “big break” moment occurred after they had been in business for about four years, when in 2015 it secured a spot on the shelves at Sephora.

social media 109

social media Branding Capital Millennials 109

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

DECEMBER 23, 2016

And if you can spare a bit extra, we’d like to see if you have anything in your bag of tricks to help millennials get a little more credit , even if it is only one transaction at a time. You seem to be onto something. Maybe you could broadcast from your sleigh and get an app!

US 100

US Retail Millennials California 100

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research. s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105