Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

Perficient

FEBRUARY 9, 2021

In marketing and design circles we often measure success in terms of meeting customer expectations. Prior experience, advertising, word-of-mouth marketing, digital interactions and belief in future value to be delivered are just a few of the factors that influence expectations, as we’ll soon see. And that was back in 2014.

Meeting 309

Meeting Customer Experience Millennials Branding 309

PYMNTS

OCTOBER 4, 2020

Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. The trend has grown in recent months.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

JANUARY 20, 2020

just 18 months ago, it was an incredibly fortuitous boon during its early days in the market — not to mention, a powerful lesson on the importance of staying on top of basic tasks, like minding the “Contact Us” form. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said.

US 157

US Millennials Retail Payments 157

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

Jeff For Banks

JULY 5, 2022

The money market mutual fund became a formidable competitor to the bank account. In Pennsylvania, Rocket has number 1 market share. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" Because that is what millennials needed at the time.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

APRIL 23, 2018

Between 1999 and 2014, the fast-casual dining space grew by 550 percent and is projected to reach a revenue of $66.9 With millennials carrying much more student debt than prior generations, this could be a contributing factor in how much money and time they’re willing to spend on food. billion by 2020.

Millennials 122

Millennials social media Branding Study 122

PYMNTS

DECEMBER 13, 2018

As a result the Robinhood Checking & Savings account earns people 3 percent interest, which it said is the highest rate available in the market, has no fees attached to it and provides access to 75,000 free ATMs, 24 hours a day along with 24/7 customer support and a debit card that can be personalized.

cryptocurrency 145

cryptocurrency Millennials ATM Mobile 145

PYMNTS

JUNE 4, 2019

QSRs and coffee merchants have been some of the most prominent testers in the connected commerce market, likely because those are the two categories that are most active among commuter commerce users. Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. Mobile Ordering Appeals to Millennials.

Millennials 184

Millennials Google Mobile Report 184

CB Insights

MARCH 14, 2018

Sudden volatility has shaken the markets and the state of wealth management. Millennials stand to inherit approximately $30T from their parents, the baby boomers, in the coming decades, and both upstarts and advisors are vying for a piece of the pie. Further, impact investing is a growing part of the wealth management market.

Millennials 53

Millennials Trends Management Company 53

PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. The app was specifically targeted at millennials — roughly 80 percent of the Robinhood app’s beta testers were under 30 years old, with an average age of 26.

Regulation 123

Regulation Millennials California Capital 123

Let's Talk Payments

OCTOBER 1, 2016

billion in 2014 to $270.93 billion in 2019 – an ~18-fold increase, indicating an opportunity for existing market participants. Mobile P2P money transfers are estimated to increase from $15.22

Millennials 40

Millennials Mobile Marketing US 40

PYMNTS

MARCH 11, 2019

Realizing the market has not yet come up with a good method to fix the problem, they decide to build their own solution and solve the problem for everyone. And Phillips, on the eve of founding his dessert delivery on-demand business SugarMoo in 2014, had two problems to solve. The products were solid.

Online 148

Online Marketing Millennials Branding 148

PYMNTS

SEPTEMBER 22, 2016

Lucky for you, with the PYMNTS 11, you never have to… 24/7 : How often the customer service department should be open for a 24/7 marketplace, according to Michael Ting, Hyperwallet ’s senior vice president of digital markets. 1,500 : The number of babies claimed by SIDS in 2014.

Millennials 100

Millennials Apple Mobile Fraud 100

Long Lasting Ideas

JANUARY 5, 2015

Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. A recent article in the Wall Street Journal states that the average Class of 2014 graduate with student-loan debt has to pay back some $33,000. Get out of the office.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

FEBRUARY 9, 2020

An idea hatched at the Burning Man desert arts festival, the experience-focused hospitality group Habitas was founded in 2014 by Oliver Ripley, Kfir Levy and Eduardo Castillo. . The startup raised $20 million to take its “3D-printed hotel” idea to new markets in Asia, the Middle East and Africa.

Community 252

Community Groups US Operations 252

PYMNTS

NOVEMBER 29, 2018

But Smith was committed, and believed that among outdoor enthusiasts — particularly millennials like himself — a digitally-native brand with a story to tell and a unique way of pursuing its core mission would have an awful lot of appeal. “My Its first offerings for consumers were backpacks.

Millennials 116

Millennials Branding Community Retail 116

PYMNTS

NOVEMBER 16, 2016

Rumors are murmuring that the Snapchat IPO may hit the stock market as one of the biggest since 2014. This allows the company to test the investor market at a hushed level, keeping financials on the down-low. Of those millions, about 60 percent are millennials between the ages of 13 and 24. billion four years ago.

Millennials 100

Millennials Marketing Security Company 100

PYMNTS

FEBRUARY 17, 2020

Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Greyhound’s digital push comes as more consumers — many of them millennials — are demanding added affordability, convenience and safety from travel companies.

Security 141

Security Tools Fraud System 141

PYMNTS

JANUARY 14, 2017

In this year’s report, 24 percent of respondents said they had no debt at all, up from 22 percent last year and 14 percent in 2014. About 60 percent of younger millennials think they can wipe out their debt by age 30. More good news. Because the data might indicate that things are on the upswing — and we sure hope they are.

Millennials 100

Millennials Data Cards Study 100

PYMNTS

FEBRUARY 13, 2017

The reality of this is especially apparent in the recent numbers from a combined Food Marketing Institute (FMI) and Nielsen study that puts as many as 70 percent of U.S. bought groceries online in 2016, up from 19 percent of households in 2014. The rates were considerably higher among millennial consumers ( go figure ).

New York City 123

New York City Millennials New York Online 123

PYMNTS

FEBRUARY 5, 2020

As Afterpay CTO Akash Garg noted, that confirms something they’ve believed since their launch in 2014: All over the world, consumers – particularly younger consumers – are thinking differently about shopping, and how they want to integrate it into their financial lives. And Australian BNPL provider Afterpay , which has expanded into the U.S.

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

JANUARY 10, 2020

The Collison brothers had founded Stripe, but it would be a year before it would be in-market. The pressure is on for providers to find new ways to gain an edge on their market rivals. Battle For Millennials. When Alexa was first introduced in November 2014, it didn’t look much like the next big thing in user interfaces.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. The country’s annual Singles’ Day is a marketing event supposedly rooted in the pride that many Chinese consumers take in being single. Singles’ Day. It takes place on Nov.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

DECEMBER 19, 2016

Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. Change is not quite a universal agent — and some markets move faster than others. shoppers, where some markets will see Black Friday hold onto its dominance, while others see it get passed by for Super Saturday.

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

APRIL 19, 2016

” Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic.

social media 100

social media Millennials San Francisco California 100

PYMNTS

APRIL 11, 2016

Depending on your persuasion, millennials’ generational lack of interest in buying real estate can be chalked up to their inherent indolence, their preference for communal and urban living arrangements or their lagging finances. through residents’ smartphones. .

Chicago 100

Chicago Millennials Exercises Management 100

PYMNTS

JANUARY 8, 2019

King and Britt launched Chime in 2014 to address that underbanked segment. By 2016, Chime was in the market with the full suite of features that digital banks offer today. But, he realized, there are plenty of customers who can get bank accounts pretty easily, but can’t afford to maintain an account at a more traditional bank.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. It’s where older, profitable customers have been slower to adopt new banking technologies that not-yet-profitable millennials pick up quickly and easily. Millennials, who will make up half the U.S. Millennials, who will make up half the U.S. By Paul Schaus.

Mobile 70

Mobile Millennials Community Bank Community 70

PYMNTS

NOVEMBER 20, 2019

Customer-facing markets such as financial services and insurance have greatly benefited from real-time payments, and healthcare could be next. healthcare market, which is continuously at the center of debate regarding how to expand access and manage treatment costs. trillion in 2018, an increase of 80 percent from 2014. .

Payments 111

Payments System Cards Marketing 111

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

MAY 18, 2016

In 2014, Burger King gave up on its long-time slogan of “Have it your way.” “It gets back to millennials. ” Wendy’s might want to snap that up though, because the fast food chain’s most recent checkout experiment could give consumers more power in the ordering process than ever before.

Columbus 101

Columbus Ohio Millennials Retail 101

PYMNTS

SEPTEMBER 16, 2016

Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. It’s projected that Mexico will represent the world’s fifth-largest economy by 2050.

Fintech 100

Fintech Capital Millennials Mobile 100

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. Moreover, taken against the entire smartphone market, PYMNTS research finds that 36.4 Tuesday (Oct. Of the 207.6 million U.S. As of Q3 2020, 93.9 percent in 2015.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JUNE 25, 2019

Indeed, as PYMNTS has covered , a group of startups is setting its sights on the travel activities industry, which is the fastest growing segment in the tourism market. Founded in 2014, Klook received a $225 million cash investment from SoftBank earlier this month, bringing its total raise to $520 million and its valuation to over $1 billion.

Online 100

Online Retail Capital Marketing 100