PYMNTS

SEPTEMBER 22, 2017

Though many retailers have assumed millennials are behind the trend toward highly digitized, online-focused shopping experiences, baby boomers might be the real culprits. According to a CNBC news report, First Insight’s recent research into consumer behavior found that the U.S.

Millennials 101

Millennials Retail Survey Online 101

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. Trackers and Reports. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic.

Online 148

Online Payments Millennials Apple 148

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

PYMNTS

AUGUST 2, 2018

They want to be able to shop using mobile, online and offline channels and have those experiences be seamless. Among the most influential drivers of retail change is a subset of consumers PYMNTS identifies as “ Bridge Millennials.” Technology is an essential element of Bridge Millennials’ shopping processes.

Millennials 101

Millennials Mobile Groups Retail 101

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As B2B Gets Younger.

Millennials 135

Millennials Analysis Trends System 135

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. While it was reported that home buying was at its all-time low at a mere 62.9

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

JANUARY 28, 2021

PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period. Thirty percent of CU members similarly expressed an interest in POS credit options, despite only 21 percent reporting awareness of them.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands.

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

SEPTEMBER 16, 2019

Also, bridge millennials offer profound insight into the future of connected commerce. It is also working with InsurPAY by Invenger Technologies to help enable real-time disbursements for American Family. An Accenture report and press release circulated on Monday (Sept. Visa, Insurers Partner On Real-Time Claims Payouts.

Millennials 120

Millennials Payments Report Regulation 120

PYMNTS

MARCH 30, 2016

But just when the last iPods started giving way to entirely online streaming services, millennial audiophiles suddenly fell back in love with vinyl records — a music format they never even knew growing up. How curious, it seems, that a similar thing is happening between millennial shoppers and mobile and physical coupons.

Millennials 100

Millennials Mobile Study Retail 100

PYMNTS

AUGUST 1, 2018

Zara is now enabling its stores to ship online purchases in an effort to boost sales of full-priced items. This will be one of the largest-scale attempts by a retailer to use shops to fulfill online orders. The service allows online customers to purchase something that is out of stock online, but available at a store nearby.

Online 100

Online Millennials Retail Mobile 100

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to the PYMNTS Securing B2B Payments Report , criminals last year successfully made off with $4.2 International Issues.

Fraud 124

Fraud Retail Online Study 124

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

OCTOBER 4, 2020

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex- Google CEO, IPO Edge reported. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

NOVEMBER 15, 2016

Technology is the new norm for restaurant customers worldwide — especially if those customers happen to live in Asia or the Middle East. Of those surveyed, only 32 percent of customers in North America reported ordering food using a mobile device in the three months prior. In another restaurant technology survey of U.S.

Technology 100

Technology US San Francisco Survey 100

PYMNTS

JUNE 17, 2016

Millennials in China make the vast majority of the mobile payments taking place, eMarketer reported on Thursday (June 16). Mobile device users ages 21–29 and 30–39 are leading the charge in the country’s mobile payments adoption. percent annually to reach 195.3 million users in 2016. In comparison, the U.S. can claim only about 37.5

Millennials 100

Millennials Mobile Payments Marketing 100

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

MARCH 13, 2020

Brick-and-mortar is instead rapidly changing to accommodate the needs of consumers who have come to expect the same speed and convenience from purchasing through online and mobile environments. In-store experiences must be carefully calibrated to satisfy consumers who are more than familiar with online and mobile browsing.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. In 2019, 31 percent of all consumers reported that they owned at least one voice-activated device, up from 14 percent in 2017. Download the free How We Will Pay 2019 report, a PYMNTS and Visa collaboration, here.

Report 188

Report Study Meeting National 188

Abrigo

JULY 3, 2017

Accountants looking for another reason to justify technology investments in their firms should consider this: The firm’s next generation of business clients are likely to require accounting services that are all or mostly digital. A solid share of owners 56 and older (45 percent) also favored the no-paper approach.

Mobile 150

Mobile Millennials Survey eBook 150

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. Online Advantages. When in doubt, bet on digital. The Amazon pitch?

Online 100

Online Retail Seattle Industry 100

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. Winning Formula.

Online 100

Online Retail Capital Marketing 100

Independent Banker

OCTOBER 1, 2022

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

Fraud 133

Fraud social media Millennials Examples 133

PYMNTS

APRIL 16, 2019

Vyze’s platform connects merchants with multiple lenders, allowing them to offer their customers a wide range of credit options online and in-store and ultimately leading to financing approval rates up to 90 percent — well above the industry average,” Mastercard said in a statement. Point-of-sale (POS) financing stands as a $1.8

Millennials 188

Millennials Cards Maine Retail 188

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Technology can create efficiencies that allow them to reimagine customer interactions moving forward.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

JANUARY 14, 2021

Consumers once eschewed digital channels for their grocery needs, but as the latest edition of the PYMNTS Omnichannel Grocery Report demonstrates, consumer will has shifted. percent are ordering groceries online to be picked up in-store more than they did before. “If Our research shows 22.7 12) blog post. percent year-over-year. “We

Meeting 165

Meeting Arkansas Retail Millennials 165

PYMNTS

MARCH 2, 2020

We’ve all heard that millennials, for example, think of bank branches as a vestiges of another century with little relevance to their financial lives. Even millennials, who heavily lean on remote banking, still visit physical bank locations for more complex functions like loan applications” monthly. Turns out that’s inaccurate.

ATM 191

ATM Millennials Retail Video 191

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 details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. It’s easy to overestimate millennials’ engagement with technology,” he said.

Retail 179

Retail United States Millennials Study 179

PYMNTS

JUNE 18, 2020

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We The company noted in a separate tweet that its systems had been completely brought back online and its web platforms were working. “We The app was up in under an hour.

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

MARCH 23, 2017

In a press release announcing the results of its study, Vantiv said that while Gen Xers and baby boomers aren’t joining subscription services at a fast clip, millennials are. Vantiv found that more than 70 percent of millennials have a product subscription, while 89 percent have a service subscription.

Millennials 124

Millennials Online Study Strategy 124

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

NOVEMBER 8, 2016

The conveniences of fast food are getting even more convenient now that McDonald’s is gearing up to roll out the ability to order and pay for a Big Mac online. According to a report by The Next Web , McDonald’s is gearing up to launch the new app that will support online orders next year. Take Domino’s, for one example.

Millennials 182

Millennials Online Technology Mobile 182

PYMNTS

MARCH 17, 2020

Shopping has always been highly visual , and online shopping is no different. Visual search technologies could help eCommerce brands gain the edge they need to engage customers and — more importantly — make purchases. Shopping online is second nature for most consumers, especially millennials and Gen Z.

Retail 143

Retail Millennials Tools social media 143