PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

JANUARY 28, 2021

It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation.

Innovation 187

Innovation Millennials Payments Mobile 187

Perficient

AUGUST 18, 2022

However, those not in the wealthy or close to retirement-age categories – i.e., Gen Z-ers, millennials, and low to mid-income individuals – could greatly benefit from a financial advisor’s assistance, and financial advisors can stand to profit by diversifying their business books, as well. population.

Millennials 473

Millennials Management Tools Strategy 473

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Gravy’s CEO Brian Wiegand thinks of it as “QVC meets Price is Right.” Attracting Millennials.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

SEPTEMBER 30, 2020

Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. Merchants are facing a host of obstacles as well as opportunities in the rapidly changing retail market, and this is especially true for the luxury sector. Around The Buy Now, Pay Later World.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

AUGUST 23, 2019

Adyen Gains Traction With Mid-Market Firms. Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. So far, Amazon has invested more than $6 billion in India’s growing internet market.

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

MAY 1, 2020

Significant growth in terms of their active user base and revenue were on the agenda — to be supported by a major investment in marketing to get the word out about the Tradesy peer-to-peer (P2P) market model and its advantages for both buyers and sellers. Like many retailers, Tradesy opened 2020 with great expectations and big plans.

Millennials 162

Millennials Branding Retail Marketing 162

MyBankTracker

NOVEMBER 13, 2020

The COVID-19 pandemic has added to the money challenges faced by millennials in particular. Millennials are old enough to have financial responsibilities without having had much time to build financial stability. The survey found that the pandemic added to the financial challenges that millennials face. Key Findings.

Millennials 52

Millennials Survey Study Marketing 52

PYMNTS

MAY 29, 2017

Millennials heavily favor legalization at 77 percent — no big shock there — but their baby boomer parents favor it even more heavily, at 81 percent. We came up with the idea of an online marketplace for cannabis because we were really looking at how people shop for everything. The Unique Complexities Of The Market.

Online 156

Online Software Branding United States 156

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. The rise of Oyo comes amid other innovations and disruptions in the world of online travel.

Online 100

Online Retail Capital Marketing 100

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Some online sellers eschew online marketplaces in favor of more tailored digital sales experiences, turning to eCommerce system providers for help.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 30, 2020

The December edition of the Buy Now, Pay Later Tracker® explores how consumers’ shifts toward using BNPL solutions in stores and online accelerated during the holiday shopping season, as well as how this trend is poised to grow in the year ahead. could become an even more competitive market for BNPL solutions in the future.

Payments 276

Payments Trends Millennials United States 276

Jeff For Banks

JULY 5, 2022

I was invited to speak at a bank client's annual meeting of shareholders on what I think a bank needs to do to thrive. The money market mutual fund became a formidable competitor to the bank account. And products started migrating online. In Pennsylvania, Rocket has number 1 market share. billion in total assets.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

OCTOBER 21, 2020

"Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market.

Branding 192

Branding Samsung Meeting Millennials 192

Gonzobanker

AUGUST 10, 2023

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business.

Leadership 147

Leadership Training Meeting Michigan 147

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. Shortly after that meeting, the article says they were told by Facebook that talks would proceed no further. Take a look at this chart, which lays out grocery chain market share. Walmart has the largest market share at 14.2 billion more.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . Such an app could potentially involve as much as $2 trillion in card spending. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

OCTOBER 7, 2019

“Combining NCR’s D3 digital banking platform with NYMBUS’ core banking platform allows us to better serve progressive financial institutions and corporations with well-known brands seeking to address the needs of digital-savvy customers in high-growth market segments.”.

Miami 109

Miami Digital Banking Branding Meeting 109

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

OCTOBER 1, 2018

To better reach millennials, Harley-Davidson is looking to Amazon. We live in an on-demand, anywhere, anytime business environment where success depends on the ability to meet consumers on their turf and on their terms,” Harley-Davidson’s senior vice president of marketing and brand, Heather Malenshek, said in an announcement. “We

Branding 108

Branding Millennials Retail Online 108

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. The Sizable Online Fraud Threat. Vendors do not always find the transition to online selling to be easy.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

DECEMBER 11, 2020

Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. Mao said 2020’s increased online shopping is also pushing up gift card demand among consumers looking for alternative ways to transact digitally. “We That’s a 19 percent pick-up over last year.

Cards 291

Cards United States Strategy Retail 291

PYMNTS

JUNE 4, 2019

QSRs and coffee merchants have been some of the most prominent testers in the connected commerce market, likely because those are the two categories that are most active among commuter commerce users. In fact, Pizza Hut’s claim to fame is that it sold its first online order way back in 1994. Mobile Ordering Appeals to Millennials.

Millennials 184

Millennials Google Mobile Report 184

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. Should I buy this car?’” Should I send my kids to school or not?

Innovation 223

Innovation Retail Millennials Tools 223

Abrigo

FEBRUARY 3, 2017

By Eric Baxley, Chief Marketing Officer, Sageworks Since my last post , I’ve continued to meet with our banks and credit union clients across the country, and some common themes surfaced in the conversations. There is no document ping pong, and you submit everything online securely. •

Lending 150

Lending Community Bank Meeting Community 150

PYMNTS

NOVEMBER 27, 2019

The bigger the IT budget, it would seem, the more can be spent on bringing innovation to market that grabs consumers’ minds and wallets. Credit unions have realized that in addition to being keenly focused on providing value to members at every level of interaction, they have to meet members where they want, technology-wise,” he said.

Innovation 215

Innovation Millennials Technology Examples 215

PYMNTS

JANUARY 8, 2021

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs. For more on these and other stories, visit the Tracker’s News & Trends.

Lending 163

Lending Examples Tools Meeting 163

Long Lasting Ideas

JANUARY 5, 2015

In the age of Apple Pay, Google Wallet, and online banking, the old assumptions are shattered. Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. Offer millennials the human touch. And we have a few of our own. *

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

DECEMBER 6, 2018

As those [Toys R Us and Sears] stores close, it’s real market share that’s up for grabs.”. In addition, the retailer expanded curbside pickup to two new markets , California and Colorado. Older millennials and Generation Xers spent the most, with average purchase sizes at $413.05.

Colorado 130

Colorado Retail Millennials California 130

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Meet Jack Bauhs, your next customer. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. The digital marketing research firm Conversion in Toronto conducted the study. “At

Millennials 110

Millennials Community Bank social media Community 110

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. Our ‘anti-cupcake’ concept sparked the idea of hybrid — East meets West.”. If you wanted anything out of that range, it was almost impossible to find in Dubai.

Online 148

Online Marketing Millennials Branding 148

PYMNTS

SEPTEMBER 24, 2019

The financial world has become more and more entrenched in digital channels, much to customers’ delight — 59 percent of FI consumers want to open banking accounts online rather than do so at a branch. That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively.

social media 111

social media Millennials Illinois Strategy 111

PYMNTS

NOVEMBER 8, 2016

This week’s Grocery Tracker has the latest on how supermarkets are trying to whet the consumer’s appetite for grocery shopping, including Kroger’s growth strategy, how grocery stores are improving online shopping and offerings, as well as changes at the top for two major grocers. The grocer’s shares jumped 5 percent following the meeting.

Tampa 155

Tampa Alabama Retail Online 155

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

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

AUGUST 4, 2017

Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S. Additionally, she noted, that innovation must address the needs of both baby boomer and millennial consumers alike, along with the needs of smaller businesses.

Community Bank 116

Community Bank Community Innovation Millennials 116