PYMNTS

NOVEMBER 27, 2019

To make things easier for shoppers, Walmart is also introducing an online gift finder and will launch a digital toy catalog on Nov. Purchasing decisions are mostly driven by promotions, per 81 percent of people surveyed. The National Retail Federation (NRF) expects a bump in sales for November and December, from somewhere between 3.8

Trends 130

Trends Millennials Retail Study 130

PYMNTS

MAY 29, 2017

As of the most recent surveys, 60 percent of Americans support marijuana legalization. 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 And that support’s breakdown by age cohort might surprise you some. Payments is a complex topic.

Online 156

Online Software Branding United States 156

PYMNTS

OCTOBER 23, 2020

To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 Demographic shifts are playing a role as realtor.com noted that almost half of millennials, 49%, “pushed up their plans to buy” housing due to the pandemic. million units. percent, equating to just 1.5

Survey 227

Survey Maine New York Millennials 227

PYMNTS

NOVEMBER 11, 2020

When consumers shop Gap brands online, they can choose Afterpay at checkout and pay for purchases in four interest-free installments. “We A PYMNTS survey done in conjunction with PayPal indicated that people were looking for a new way to shop, making BNPL hot for the holidays. We are proud to partner with Gap Inc.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

NOVEMBER 13, 2019

Baby boomers and Gen X will lead holiday spending this year, according to the 2019 Holiday Purchase Intentions Survey from The NPD Group. This is also the generation most likely to shop mass merchants and online pure-plays. Gen X will be the demographic of big spenders, according to the data.

Millennials 101

Millennials Groups Retail Online 101

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. survey by PYMNTS found an openness among U.S. survey by PYMNTS found an openness among U.S. One in five consumers agreed with online retailers serving as FIs, while 27.5

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

AUGUST 31, 2017

Although members of this group enjoy shopping in brick-and-mortar stores, they do gravitate to online retailers as well, but tend to lean toward sites of retailers they already know, according to data from NPD Group and reported by Knowledge@Wharton. Millennials. million people in the U.S., million people in the U.S., Generation Z.

Retail 147

Retail Millennials Study Trends 147

Abrigo

AUGUST 7, 2017

A national benchmarking report shows that professional staff turnover rates exceed 20 percent in 1 of every 5 accounting firms generating more than $75 million in annual revenue. Indeed, Jeff Phillips, CEO of online staffing firm Accountingfly, is routinely told by accounting and consulting firms that they are struggling to recruit and hire.

Policies 150

Policies Millennials Survey eBook 150

PYMNTS

APRIL 25, 2017

According to the National Retail Federation’s (NRF) fourteenth annual survey, consumers are set to spend a record-breaking $23.6 In the organization’s history of administering this survey via Prosper Insights & Analytics, this is the highest amount of money ever projected for this special day. billion in 2016.

Analytics 101

Analytics Survey Millennials National 101

PYMNTS

JULY 14, 2017

While it was trying to perhaps poke fun at this older segment of the population, research shows that seniors are actually making purchases online. Federal Reserve has shown that people between the ages of 65 to 74 have seen a 25 percent increase in their net income, whereas millennials have seen an 18 percent decrease.

Retail 109

Retail Survey Online Millennials 109

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. Get ready, retailers. This falls in line with what we’ve been seeing over the last few years.

social media 120

social media Millennials Retail Study 120

NCR

NOVEMBER 9, 2017

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. Meanwhile, 35 percent of 18 to 34-year-olds said they would rather make P2P payments using biometric technology, whereas the national average was just 30 per cent.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

SEPTEMBER 16, 2019

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. How We Will Pay 2019 is an annual national study of more than 5,000 U.S. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

APRIL 9, 2020

Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. Et tu , Millennials? This is down from 4.5

Mobile 140

Mobile Apple Cards Millennials 140

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

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. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov.

Apple 227

Apple Study Innovation Survey 227

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

JUNE 9, 2020

As the survey of more than 4,000 CU members, CU leaders and FinTech executives showed, 41.4 Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms. percent believe challenger banks will be competitive threats in the coming years.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

JANUARY 15, 2019

As many as 73 percent of those surveyed said that it remains difficult to gather the funding needed to get a business off the ground. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. And 61 percent of those queried said they self-funded their business.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. A separate survey conducted by U.K. A survey released last year by Visa U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. A survey of 2,000 U.S. More than half of them are 45 or above, according to the study, while millennials only make up 16 percent of this demographic. So, what’s going on here? billion in U.S.

Branding 100

Branding Retail Study Portland 100

Banking 2020

NOVEMBER 27, 2015

When we’re online, we can go anywhere, and surely do. No one understands this trend better than those pesky millennials. The newest banking survey from consulting giant Accenture confirms many existing notions about customer tastes and preferences, and the opportunities that await institutions able to process them.

Millennials 40

Millennials Survey social media Online 40

PYMNTS

MAY 23, 2020

According to PYMNTS’ most recent consumer survey, there are some valid reasons to believe that some large and valuable demographics might opt to hold off on getting back out there. So how to get consumers back out there? On its own, it won’t be enough to lift the struggling industry – which has seen nearly 5.5

Tampa 249

Tampa Connecticut Guidelines New York City 249

PYMNTS

JULY 9, 2016

The long summer break (our national accommodation for an agricultural life that’s long since faded into history in most communities) speaks volumes for the power of nostalgia and inertia. … This year, 89 percent of millennials are planning to take a vacation. As we noted, most Americans will be traveling within the U.S.

United States 101

United States National New York Data 101

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

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. Bridge millennials are the most likely to play the banking services field, doing business with national banks as well as digital and online banks.

How To 232

How To Millennials ATM Fintech 232

PYMNTS

NOVEMBER 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05.

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

JUNE 21, 2016

Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. According to Mintel, one-third of online delivery users would even be willing to accept higher delivery fees if it meant receiving their food faster. That’s a hearty slice of the delivery pie.

Resources 102

Resources Operations Technology Boston 102

Tech and Finance

JULY 13, 2016

The largest national banks have pulled ahead in mobile, according a recent Forrester report — the 2016 U.S. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

JUNE 15, 2019

are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. More than half of parents and grandparents also said their Gen Alpha family members attempted to influence family trip planning by showing them online and television media. Millennials and The Magic of Mircocations.

Millennials 179

Millennials Hawaii social media Report 179

NCR

FEBRUARY 24, 2016

The 24-year-old consults with companies worldwide on how to reach the millennial audience. So last year, the New York resident left the big bank, setting up an account with Simple, an FDIC-insured direct bank based in Portland, Oregon, where he can do all of his banking online – without any monthly fees. “I

Millennials 40

Millennials Survey Portland Oregon 40

CB Insights

DECEMBER 7, 2017

Eighty percent of those customers were first-time home buyers and millennials were twice as likely to use their product as a competitor. In order to offer online solutions, we must first understand their property, income, assets, and credit. Most importantly millennials are failing to build up the requisite capital for a down payment.

Millennials 69

Millennials Lending United States Technology 69

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

JANUARY 2, 2017

Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. Prpic noted that these virtual stores could improve on current online shopping setups, which allow customers to easily sort by price and overlook higher-end goods.

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

MARCH 15, 2016

Naturally, where there’s alcohol, there’s bound to be bad decisions, and while friends should already know not to let friends drive drunk, much fewer know about the dangers of letting a friend shop online after he’s had a few too many brews. Millions of Americans wake up the day after St.

Rhode Island 100

Rhode Island Idaho Iowa Alabama 100