PYMNTS

JUNE 15, 2018

In the movement from analog to digital, money matters — the type of money that fuels technology, that underpins new products and projects, as paper and manual processes give way to bits and bytes. One early target audience lies with millennials. In one latest example, beyond U.S. In one latest example, beyond U.S.

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PYMNTS

MAY 15, 2018

Embracing Tech Change to Win Over Millennials. In the May feature story, DeBoer explained how the credit union has adopted a series of innovations, including Touch ID and facial recognition, in order to appeal to its millennial members. “We We embrace technology and I think our members have, too,” DeBoer said.

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PYMNTS

MARCH 29, 2019

However, the reported success of RT1 in Germany doesn’t mean these kinds of faster payment systems are taking off everywhere. In this month’s feature story, Lee explained how these instant payment apps are fast becoming table stakes for recruiting and retaining employees — millennial and Gen Z workers in particular.

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PYMNTS

MARCH 20, 2018

The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Helping CUs Engage and Retain Millennial Talent . When it comes to careers, millennials are more mission-driven than previous generations. for assistance with its “Digital 2x” initiative.

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PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. And Silicon Valley’s Figure Technologies has closed or is near closing $103 million in a Series C funding round. NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019.

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PYMNTS

SEPTEMBER 11, 2018

Is there a secret sauce for merchants to capture the evolving millennial? One formula that offers engaging consumer experiences, and doesn’t insult the intelligence of millennials, is a combination of private-label debit and rewards or loyalty programs. Reaching Millennials. However, millennials care about more than price.

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PYMNTS

MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

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PYMNTS

JULY 28, 2017

Millennials. million millennials, as reported by Pew Research Center , obtaining, maintaining and retaining consumers from this particular consumer segment is the golden ticket for retailers. As such, a key demographic of the millennial population on which retailers may want to zero in: the Hispanic group. As the U.S.

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PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Introduction. We surveyed more than 5,000 U.S. businesses in a vulnerable financial situation. .

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PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

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PYMNTS

JANUARY 12, 2021

And these connected consumers are, when compared to the general population, particularly interested in interacting with voice assistants more than they are currently able to, with 39 percent reporting being very interested in being able to tap into voice platforms for day-to-day activities like paying bills. Voice Technology Accelerates.

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PYMNTS

AUGUST 2, 2018

Among the most influential drivers of retail change is a subset of consumers PYMNTS identifies as “ Bridge Millennials.” It also spends approximately $2,225 per year on retail purchases, which is more than $830 more than baby boomers and nearly $300 more than younger millennials.

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PYMNTS

SEPTEMBER 5, 2016

The Hispanic Millennial Project has found some patterns in the use of mobile payments technologies among this demographic. Reports on Friday (Sept. 2) said the research initiative revealed that Hispanic millennials, those aged 18–34, are embracing mobile payments technology. Analysts said this could be because U.S.-born

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PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. CNBC , citing a person familiar with the matter, reported that a Kroger deal could value Boxed at between $325 million and $500 million.

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PYMNTS

SEPTEMBER 14, 2016

Whether you’re annoyed that they take selfies or that they would rather share than own things, plenty of people knock millennials, especially when it comes to work ethic. That’s according to the recent Small Business Indicator report from Nationwide. Many more millennials started their biz by age 27.

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Millennials Study Survey Report 100

PYMNTS

AUGUST 15, 2018

43 percent : That is the amount of high-income millennials who said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings. According to “ Paying At The Pump Report: What Drives Mobile Adoption ” from PYMNTS in collaboration with GasBuddy, a survey of 10,000 consumers showed that only 5.9

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Millennials Mobile Payments Groups 107

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.

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PYMNTS

JULY 9, 2018

There is a growing pot of revenue becoming available to legacy and newer companies that able to figure out how consumers, especially the ones without too much grey hair, want to drive and, otherwise, interact with automotive technology. Millennials Want To Own. Car Vending.

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PYMNTS

MAY 6, 2016

Last year, researchers confirmed that millennials are now the largest demographic of the U.S. From the BYOD and enterprise mobility movements, to changing habits in how millennials apply for their jobs in the first place, a younger workforce presents knock-on effects for the entire corporation. Take, for instance, payroll.

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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.

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Millennials Retail Survey Online 101

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers. million millennials now make up more than a quarter of the U.S.

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PYMNTS

JUNE 9, 2017

According to contradicting views, millennials are both hooked on chain restaurants while simultaneously killing their existence. Technology has lent itself to increasing the amount of mobile delivery orders, but there are additional contributing factors pulling from both sides of the restaurant spectrum. billion by 2020.

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Millennials social media Study Branding 107

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

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PYMNTS

AUGUST 10, 2020

Also striking is that payees feel they receive limited payment choices in general, even though the companies with which they do business — known as “payors” — report providing various disbursements options. To learn more about how offering instant disbursements can help firms close the payout choice gap, download the Report.

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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.

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Millennials Analysis Trends System 135

PYMNTS

OCTOBER 20, 2016

19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.

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Millennials Study Data Customer Experience 100

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Trackers and Reports.

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PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

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Millennials Mobile User Experience Survey 125

PYMNTS

MAY 12, 2020

Plus, the pandemic has put millennial homebuying on hold. Crisis Puts Homeownership On Hold For Millennials. percent, the 30-year fixed rate mortgage set a new record last week, but there are factors weighing against millennials taking on mortgages. 120B Still Available As Appetite For PPP Loans Slows. As we reopen the U.S.

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PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

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PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. billion) in 2016 in a 20 percent increase from the prior year, Bain & Co said in a report on Wednesday.

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PYMNTS

JULY 19, 2018

That’s the hope of at least one company that wants to see its mobile technology replace the traditional lines and POS stations at food stores. That transformation will rely, in large part, on younger shoppers such as millennials, said Rambus Chief Technology Officer Chakib Bouda during a recent interview with PYMNTS.

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Millennials Mobile Retail Technology 102

PYMNTS

NOVEMBER 29, 2016

There seems to be no shortage of ways the millennial workforce is disrupting the status quo. The same goes for corporate travel, with millennial professionals turning to mobile and virtual services to book travel, manage expenses and ensure a smooth business trip. Sharing Economy. ”

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PYMNTS

OCTOBER 13, 2020

“Approximately twice as many consumers shopped for retail products from home in the summer of 2020 as they did in the summer of 2019, and three times as many grocery-shopped from home this summer over last summer, too,” the Report states, giving an idea of scope.

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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.

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Digital Banking Millennials Mobile Regulation 160

PYMNTS

MARCH 9, 2016

It took traditional media outlets a few extra years to figure out that millennials don’t quite care for getting their news and entertainment from the same places their parents did, but now that the cat’s out of the bag on these consumers’ on-the-go smartphone habits , brands everywhere are scrambling for a piece of the mobile pie.

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Millennials Branding Mobile New York 100

PYMNTS

OCTOBER 4, 2017

Walmart may be America’s biggest retailer and jockeying for a position as one of its biggest grocers, too — but millennials aren’t buying it. A year of acquisitions highlighted a clear strategy to win over younger shoppers by bringing millennial favorites such as Bonobos, Modcloth and multiple online shoe retailers under the Walmart umbrella.

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Millennials Branding Retail Metro 100