PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. The pace might hint at a long-term trend that would see, we would wager, a glut if it doesn’t pick up. Millennials surpassed Generation X in terms of home-buying via dollars spent at the end of last year.

Millennials 109

Millennials Taxes Lending Regional 109

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

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Oyster Insurance, an insurance technology company, recently expanded operations into California, where it aims to support small businesses and startups with workers’ compensation services.

Millennials 135

Millennials Analysis Trends System 135

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. In its effort to do so, Gravy doesn’t seek to make money selling the actual goods — it seeks to market the actual stage.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

OCTOBER 21, 2019

21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. The move comes amid growth in the larger maternity market, however, with sales of that apparel expected to reach $7.7 Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

JANUARY 28, 2021

It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. 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.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

OCTOBER 4, 2020

The trend has grown in recent months. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Josh Harris , co-founder of Apollo Global Management , said the SPAC trend is not a flash in the pan.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

AUGUST 23, 2016

While Lendified’s average SMB applicant within Canada tends to have revenues of $750,000 annually and has been in business for between three and five years, one trend that shows up in demographics, said Wright, involves an increasing number of millennial business owners looking for loans in an effort to get their businesses up and running.

Millennials 100

Millennials Lending United States Maine 100

PYMNTS

DECEMBER 14, 2020

The Wall Street Journal cited unnamed sources over the weekend as saying that Affirm decided to push its IPO off until at least January, apparently to let markets calm down and avoid the massive first-day “pops” Airbnb and DoorDash recently saw. Some market watchers attribute the gains to what’s called the “Robinhood Effect.”.

Marketing 161

Marketing Millennials Company Report 161

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

NOVEMBER 30, 2020

market for food delivery. DoorDash wrote in its S-1 that “58 percent of all adults and 70 percent of millennials say that they are more likely to have restaurant food delivered than they were two years ago, and we believe the COVID-19 pandemic has further accelerated these trends.”. population. …

US 181

US Marketing Trends Millennials 181

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

MARCH 16, 2016

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. The pilot store will be operating on extended hours, opening four hours earlier at 7 a.m. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

Perficient

APRIL 14, 2022

With the rise in vaccination rates and a hopeful return to a “new normal,” it won’t be possible to put the genie back in the bottle and return to legacy operations. population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. Leveraging Data Responsibly .

Strategy 332

Strategy Tools Industry Customer Experience 332

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. Larger Travel Trends. As of the report, the company was in 12 markets.

Millennials 142

Millennials Meeting Innovation Mobile 142

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

FICO

JUNE 22, 2022

6 Digital Transformation Trends Highlighted at FICO World 2022. From BNPL to automated decisions with a human face, digital transformation trends are changing the way businesses work. Innovation in digital transformation and emerging trends were firmly front-of-mind this year at FICO World 2022. Tue, 07/02/2019 - 02:45.

Trends 52

Trends Data Customer Experience Analytics 52

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. What the pandemic did, he said, was just take consumer trends that were already developing and send them into overdrive.

US 206

US Retail Millennials Trends 206

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. million customers found that 65 percent were millennials or in the Generation Z demographic, and that a majority of its user base lived in metropolitan areas with high costs of living.

Payments 175

Payments Millennials Cards Retail 175

PYMNTS

DECEMBER 21, 2020

“This has been one of the most important initiatives that our team has worked on and we are excited to be able to offer this convenience and service to all of our customers,” said Esther Castelo , vice president, H-E-B Digital Commerce Operations. According to data from PYMNTS, millennials accounted for 32.9

Texas 161

Texas Millennials Trends Mobile 161

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

CB Insights

OCTOBER 24, 2018

The POS startup market is growing, as consumers seek more transparent credit options and merchants look for new ways to boost sales. As competition increases and POS lending goes mainstream, startups are raising substantial funds to grab market share. Here’s what you should know about the POS lending trend. Top players.

Millennials 65

Millennials Lending Cards Capital 65

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

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. 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

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., The company is exploring a number of small mergers and acquisitions to accelerate roll out across potential new international markets. Today, this trend is repeating itself.”. Afterpay Ltd. , Its strong performance across the business in Q4 delivered sales totaling $3.8

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. The latest QSR earnings report comes amid massive technological changes in that world as restaurant operators seek to improve all facets of their operations via mobile and digital technology.

Mobile 101

Mobile Operations Trends Millennials 101

NCR

NOVEMBER 9, 2017

A similar trend was identified with alternative means of payment. 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. The post Has the phone replaced the branch for millennials? Image: iStock/diego_cervo.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

NOVEMBER 16, 2017

It operated out of its first volunteer president’s home for its first five years before moving to a rented office in 1913, later relocating to its own building in 1930. From Mill Workers to Millennials. CUs that are invested in millennial expectations will have an edge over their community competition, he said. “We

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

OCTOBER 8, 2018

The statistic , released from Mercator Advisory Group in its report, “Business Credit Cards and B2B Payments: Opportunity to Improve Market Penetration,” found millennial small-business owners are less likely than their older peers to use a business credit card, and more likely to use their personal card for business spend.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

JUNE 5, 2018

Prettier pictures lead to more sales for airlines — that’s the philosophy behind a growing bookings system that offers what Reuters called on Tuesday (June 5) a “more engaging visual approach to marketing” of tickets. MMGY , a travel marketing firm, has found that 33 percent of millennials are willing to use travel agencies.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

JANUARY 27, 2020

As Burkhart encouraged, feel free to think of all this along the lines of an “everything-as-a-service model,” given the trends and consumer preferences involved, preferences that in general are shifting from notions of ownership to the desire to rent or share products that range from clothing to automobiles. Big Shifts.

Trends 175

Trends Payments Exercises Cards 175

PYMNTS

JULY 4, 2019

The intersection of those two trends provides a business opportunity, as discussed in a recent PYMNTS interview with Gideon Silverman, CEO at Awayco , a company that enables the rental of such gear as surfboards, snowboards and bikes at retail and affiliate locations around the world. Rise Of Rentals.

Trends 144

Trends Industry Mobile Millennials 144

PYMNTS

DECEMBER 11, 2019

Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20 percent decline in operating income. That trend will benefit some department store brands — Nordstrom and Macy’s with their respective Rack and Backstage offerings, for example.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

JANUARY 21, 2020

One of the biggest questions that promises to play out in the larger world of restaurants — whether quick-service operations or others — is who will ultimately own their customers, and whether those businesses can get them back once they are lost to third-party delivery services and aggregators. Deeper Trends. Hotels have the rooms.

Mobile 148

Mobile Trends United States Online 148