Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. Maybe those millennial futurists don't remember this.

Apple 65

Apple Millennials Massachusetts FDIC 65

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. And technology is important to him. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. Millennials are much more interested in their work-life balance.”.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

MAY 25, 2018

Moreover, while Victoria’s Secret is starting to see success by moving its customer base online, that success comes at a cost. Online, margins are aren’t as strong, and the increase in digital traffic is not yet offsetting the fall in physical traffic. Millennials are the most fearful of the self-driving onslaught.

Branding 108

Branding Retail Cards Online 108

PYMNTS

DECEMBER 24, 2020

Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. billion — not bad, but far below what other major online retailers are seeing. Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016. Wish ($17 billion).

US 230

US Company Report Payments 230

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

JANUARY 12, 2021

Starting with Siri’s appearance on the market in 2011 and exploding into the public consciousness with Amazon’s Alexa (and to a lesser extent Google Assistant), with rapid growth over the last six or so years, the voice connected future has been expanding into every aspects of the consumer’s life — and into the co-pilot seat.

Technology 216

Technology Innovation Retail System 216

CB Insights

JANUARY 5, 2018

It has also discussed vastly expanding its available SKUs online and improving delivery options. Outdoor Voices’ digital-to-physical strategy is also comparable to Bonobos; though the brand launched as online-only, it has recently begun opening brick-and-mortar stores. Disclosed funding: $1.1M. Madison Reed.

Company 57

Company Branding Millennials Retail 57

PYMNTS

OCTOBER 9, 2017

The story from there is familiar — satellite dishes, DVDs, cord cutting, streaming — the choices for on-demand home viewing entertainment have exploded exponentially with each new, widely adopted technological advancement. No wonder, then, that fewer people are flocking to movie theaters these days. million to 7.2 million, and from 9.9

social media 101

social media New York City Cards Google 101

PYMNTS

JULY 23, 2018

Median household income, which had dropped to $58,829 in June 2011, has consistently increased since the summer of 2014. They have and use store cards and say they pay student loans (probably at that age for their millennial kids). Yet, you might not think consumers are so happy if you look under the hood, as we have done.

Cards 122

Cards Groups Report US 122

Fintech Labs Insights

FEBRUARY 14, 2017

The technology is geared toward millennial and Generation Z customers, the company explained from the Finovate stage last week, to deliver a user experience that incorporates emotion, creativity, and logic into financial decision-making. “Our technology, however, is an invitation to active discovery.”

Digital Banking 20

Digital Banking User Experience Millennials System 20

CB Insights

DECEMBER 7, 2017

Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

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

CB Insights

OCTOBER 23, 2018

Consumers are now buying CPG goods online, via mobile, at the office, through on-demand delivery, in meal kits and personalized services, by using smart home and voice technology, and more. Chobani became the top-selling yogurt in the US in 2011 , only four years after its launch. They’re also changing the way they shop.

Branding 73

Branding Industry Retail Strategy 73

PYMNTS

SEPTEMBER 20, 2019

Founders Stephen Vlahos and Cameron Doody weren’t working on changing the world in front of a computer screen in their dorm room — they were moving boxes into other people’s dorm rooms during move-in weekend at Auburn University where they were students in 2011. First, he noted, people move more often as of 2019 than they ever have before.

Industry 156

Industry Course Innovation Millennials 156

CB Insights

OCTOBER 6, 2017

And the next phase of technological evolution is already underway: advanced neural networks that learn, adapt, and respond to situations. However, Foxconn has fallen short of its 2011 forecast of installing 1 million robots in its factories in 3 years. 10 million US jobs at high risk of disruption.

Software 69

Software Industry Retail United States 69

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. million visits, represent the seventh most-trafficked online retailer, ahead of Macy’s.

Millennials 109

Millennials Video Maine Operations 109

Fintech Labs Insights

FEBRUARY 23, 2017

According to CB Insights , since 2012 the real estate technology sector has closed 817 deals worth $6.4 Interest rates are projected to rise for the second time, millennials are starting to buy their first homes, and investors are looking to diversify out of the volatile stock market. Equifax ( FF 2011 demo ). In the U.S.,

Fintech 28

Fintech Lending Regulation Millennials 28

PYMNTS

JANUARY 7, 2019

For bridge millennials, those consumers between the ages of 30 and 40 who are the first generation of connected consumers with spending power, those percentages are even higher: 31 percent own a voice-activated device, 55 percent of whom used it to make a commerce purchase in the week we asked them to report on their purchasing experiences.

Mobile 205

Mobile Innovation Apple Study 205

CB Insights

MARCH 2, 2018

They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Those users combined to spend $18.38B on online retail from Sept ‘16 – Sept ‘17. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026.

Regional 68

Regional Retail Marketing Online 68