Celent Banking

APRIL 23, 2015

We hear it all the time; “Millennials don’t use branches.” “Old The survey (an online survey administered with a managed panel of nearly 3,000 consumers designed to be representative of the U.S. Old people don’t use digital channels” and so on. Nothing could be farther from the truth – at least for the present.

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Survey Mobile Millennials ATM 100

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Companies like Fount and Liqid are digital asset managers with robo-advising capabilities. Consumer deposits & savings.

America 101

America Lending Cards San Francisco 101

PYMNTS

JANUARY 22, 2018

Regardless, it’s an interesting data point for why the country’s oldest (and one of the world’s largest) CPGs – with a market cap of $34 billion – might be willing to wager at least some part of its future on a five-year-old company with $100 million in sales that sells bulk food online. From Betty Crocker to Boxed. That was then.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

MAY 27, 2016

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

Retail 100

Retail Las Vegas Millennials Conference 100

Jeff For Banks

MAY 31, 2017

In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. Between 2012 and 2015, there was a 4% branch reduction. The red: millennials. But perhaps it would've been nine in 2012. They make educated predictions. Common sense.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

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

NOVEMBER 21, 2016

Sageworks , which develops financial data management solutions for financial institutions, has just entered the SME lending arena with a new solution that provides banks with small business lending support. So, it’s a curiosity why a bank and a FinTech partner would want to focus on the SME space at all.

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Lending Meeting National Community 100

PYMNTS

JULY 23, 2018

Or are the 27 percent of the population — those high-income Bridge Millennials and Gen X-ers with college degrees who are steps away from financial catastrophe — happy, even if they do report feeling more positive about the stability of their financial situation than they did this time a year ago? percent since 2012. Today, U.S.

Cards 122

Cards Groups Report US 122

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. Disclosed funding: $27.4M.

Company 57

Company Branding Millennials Retail 57

PYMNTS

OCTOBER 9, 2017

Between 2012 and 2016 alone, in fact, the number of 18- to 24-year-old frequent moviegoers fell from 8.7 Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. million to 7.2 million, and from 9.9

social media 101

social media New York City Cards Google 101

PYMNTS

NOVEMBER 14, 2017

Online consumer lending – in a variety of forms – has grown explosively over the last decade. The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate. So how did one branch of the Fed end up on such a different page from their counterparts? Cleveland’s Dark Outlook.

Study 101

Study Lending Cleveland Online 101

CB Insights

AUGUST 16, 2017

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. Select Round Investors: capitalG, Goldman Sachs, Balyasny Asset Management. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management. OUTCOME HEALTH. Valuation: $5.5B. Valuation: $1.8B.

Meeting 68

Meeting US Capital North Carolina 68

Independent Banker

AUGUST 25, 2016

Among the flurry of soft drink, fast food and big-bank online campaigns, financial social media expert Amy McIlwain sees a tremendous opportunity for community banks to have their voice heard. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use.

social media 70

social media Community Bank Community Video 70

CB Insights

OCTOBER 26, 2020

In the world of asset management, the biggest players are now dedicated firms like Vanguard. Total assets under management (AUM) at the top asset managers now dwarfs total AUM at the top banks. The disruption of asset management. When Facebook went public in 2012, the stock fell 15% in its first few days on the market.

Management 78

Management Capital Company Marketing 78

Jeff For Banks

DECEMBER 1, 2015

So went the 2012 press release announcing the opening of the next generation of the bank branch. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. And the rest of us are increasingly buying online. mBank’s light branch depicted above is located in a mall.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

PYMNTS

APRIL 11, 2016

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. Over the years, outdoor bazaars became main streets which morphed into malls and now online marketplaces where sellers and buyers meet to do business.

San Francisco 100

San Francisco Operations Examples Branding 100

PYMNTS

APRIL 18, 2016

1 source of online fraud. comScore also reports that 62 percent of time spent online is spent on mobile phones – not a surprise. Mobile apps drive more than half (54 percent) of time online, a trend that accounts for two-thirds of all growth in digital media. Remember ZeuS ? CONVERSATION, CONTEXT AND CONTROL.

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Google Mobile Branding Apple 100

Fintech Labs Insights

OCTOBER 22, 2015

Online SME lender OnDeck has announced a significant expansion of its product line for small businesses. ” Pictured (left to right): Miranda Lanzillotti, Marketing Communications Manager, and Pamela Rice, Senior Vice President of Technology, for OnDeck, discussing lending APIs at FinDEVr 2014.

Lending 12

Lending San Francisco New York City New York 12

CB Insights

AUGUST 14, 2017

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. Select Round Investors: capitalG, Goldman Sachs, Balyasny Asset Management. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management. OUTCOME HEALTH. Valuation: $5B – $5.5B.

US 28

US Capital North Carolina Data 28

Gonzobanker

DECEMBER 22, 2015

To Facebook’s Jerry Canning , a solid digital panelist at the ABA conference who pointed to the need to engage in conversations online with the customer, “the new CMO.” Bank project management offices. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M. Vendor management. “I

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

SEPTEMBER 7, 2016

Data and Analytics are a profit center rather than something that just needs to be managed. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Both money management and helping consumers to save (and have access to emergency funds) is vital to our economy. Boy, that’s the truth.

Mobile 40

Mobile Cards Fraud Data 40

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

JULY 20, 2017

The beauty and grooming segment is expanding rapidly as startups experiment with new product formulations, new distribution methods, and new strategies for online and offline consumer engagement. Deals to beauty and grooming startups have grown steadily since 2012, and are racing toward an all-time high in 2017. Beauty & Grooming.

Trends 28

Trends Branding social media San Francisco 28

CB Insights

OCTOBER 6, 2017

In financial markets, global risk and asset management firm BlackRock laid off around 40 employees earlier this year, including portfolio managers and stock managers. After Amazon acquired Kiva Systems in 2012 to automate its warehouse tasks, new startups emerged to fill Kiva’s shoes for the broader ecosystem.

Software 69

Software Industry Retail United States 69

CB Insights

AUGUST 9, 2017

Launched in 2012, Prescient Co leverages a BIM design platform to create modular structural systems for multi-unit buildings. Bloks come equipped with a smart home technology suite and integrate with Slack to allow for communications between property managers and residents. prescient co. Headquarters: Arvada, Colorado. manufacton.

Company 54

Company Industry California Austin 54

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery. 3D printing.

Industry 101

Industry Technology Online Video 101

CB Insights

OCTOBER 10, 2017

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Robinhood’s clutter-free user interface design is flypaper for millennial audiences. trillion in annual spending.

Tools 78

Tools Millennials US Maine 78

PYMNTS

SEPTEMBER 11, 2017

We are starting to see consumers demanding things like order ahead or buy online, pick up in-store,” Ready said. Showrooming was the act of looking at an item in a physical store and then buying it online later (or, sometimes, right then and there) in order to save a few bucks. People default to Amazon because it’s easy to check out.”

How To 159

How To Online Millennials Mobile 159

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. CK Mack ( FF 2012 demo ). In the U.S.,

Fintech 28

Fintech Lending Regulation Millennials 28

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