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. Streamlining operations and improving customer insights were key, but so was protecting against fraud, Koch said.

Security 141

Security Tools Fraud System 141

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged. percent of U.S.

New York City 123

New York City Millennials New York Online 123

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

MAY 18, 2016

In 2014, Burger King gave up on its long-time slogan of “Have it your way.” From an operational standpoint, I can see the advantages [of the kiosks].” “It gets back to millennials. told the Dispatch. The kiosks are] somewhat less personal,” Welcher said. It is more in tune with that generation.

Columbus 101

Columbus Ohio Millennials Retail 101

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

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

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

PYMNTS

JUNE 25, 2019

Look no further than an India-based hotel operation called Oyo for further evidence of that. 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. and Europe.

Online 100

Online Retail Capital Marketing 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

JANUARY 15, 2019

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. To that end, Visa said on Tuesday (Jan.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

SEPTEMBER 25, 2017

Last week, along with its launch of the new operating system iOS 11 , Apple rolled out a whole new design for the iOS App Store. Of course, there’s also no App Store if all the customers walk away, which is a trend that’s been going on since 2014, according to comScore. All of the above are being tried…. App Store Upgrade.

Google 169

Google Apple Software blockchain 169

PYMNTS

DECEMBER 4, 2019

He also said travel operators and OTAs — both of them vying for more control of travel consumers and the revenue they produce — have to get creative with payment methods and options, even if that means just offering installment plans. For OTAs and tour operators, taking payment up front is one thing. and Europe.

Leadership 131

Leadership Industry Google Groups 131

PYMNTS

DECEMBER 4, 2019

He also said travel operators and OTAs — both of them vying for more control of travel consumers and the revenue they produce — have to get creative with payment methods and options, even if that means just offering installment plans. For OTAs and tour operators, taking payment up front is one thing. and Europe.

Leadership 130

Leadership Industry Google Groups 130

PYMNTS

APRIL 2, 2018

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

APRIL 13, 2018

Stresses in the retail sector have weighed on the operating earnings of department stores, discount stores and drug stores in particular,” Sharon Ou, a Moody’s senior credit officer, said in the report. Those oil and gas industry defaults, Moody’s noted, were explicable given the ongoing slump in crude prices since mid-2014.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

MAY 23, 2016

Department stores appealing to all parts of the consumer spectrum — Macy’s, Nordstrom, Hudson Bay (operator of Lord & Taylor and Saks) — are in a big slump, and chains that live in the malls they anchor are suffering right along with them. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So

social media 100

social media Retail Portland Millennials 100

PYMNTS

FEBRUARY 16, 2017

Observing that there wasn’t an eco-conscious, conflict-free and affordable diamond option on the market spurred the creation of MiaDonna. More and more consumers, especially millennials, are opting for lab-grown diamonds over earth-mined. And from an operational perspective, the program has certainly helped reduce return rates.

Portland 101

Portland Community Branding Retail 101

PYMNTS

APRIL 17, 2017

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). Square has come a long way from being an mPOS solution for cash-based glass blowers and farmers market purveyors.

Apple 110

Apple Capital Cards Payments 110

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

JUNE 1, 2017

Millennials and Generation Y have grown up with cybercrime, the executive stated, and parents must have “another type of talk” with their kids: the online safety and security talk, as Volmar termed it. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Payments 110

Payments System Software Mobile 110

Jeff For Banks

DECEMBER 1, 2015

At June 30, 2014, that branch had $23 million in total deposits, down $1 million from one year ago. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. It is possible to view branch profitability in market clusters, if the cohesiveness of a community spans multiple towns.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Citing the 2014 North America Consumer Digital Banking Survey by Accenture, amazingly, 50 percent of people would use banking services from a Square app if they were offered one, and 41 percent would use banking services from PayPal.

Security 100

Security CA Payments Big Data 100

PYMNTS

JANUARY 14, 2019

News last week that Macy’s profits would take an unexpected Q4 nosedive set off a retail stock market shock wave that wiped $34 billion in value from the sector. To save physical retail, anyone who wants to operate a physical store must convince consumers that it’s worth their time to—how’s this for an insight?—go go there to shop.

Retail 198

Retail Online Mobile Data 198

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. One assessment of recently flat mobile banking adoption comes from a Federal Reserve report, titled “Consumers and Mobile Financial Services 2014,” published in March.

Mobile 105

Mobile Community Bank Community Technology 105

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. Incumbents are not standing still and are acting to protect their market share. Table of contents: Market map: the startups disrupting retail & commercial banking. why profitability won’t come easy. Key takeaways.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

FEBRUARY 18, 2019

That’s the only way the business can ultimately continue to create value for its customers, create jobs for people, serve the ecosystem in which it operates and provide tax revenues. It has also spurred other businesses to follow its lead, irrespective of whether Amazon is even a relevant player in the ecosystem in which it operates.

Cards 169

Cards Course Study New York 169

PYMNTS

JULY 28, 2016

PYMNTS recently spoke with Dave Spencer, Buick’s Advertising Manager, and Rich Martinek, Global OnStar’s Senior Marketing Manager, about Buick’s efforts at breaking away from an antiquated image and embracing the future of connected living. One spot, for example, shows a grandmother getting picked up by her millennial grandson in his new car.

Branding 100

Branding System Technology Millennials 100

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And therein lies the rub. And the Pays still haven’t. Source: PYMNTS.com survey of 2,185 consumers conducted on Aug. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. Back in 2014, Hipmunk said it had raised $20 million in Series C funding.

Millennials 142

Millennials Meeting Innovation Mobile 142

Perficient

MAY 17, 2022

million vehicles from the average of 17 million vehicles each year since 2014. The inevitable end of the chip shortage will expand the pool of vehicles to choose from and lower transaction prices as the market moves toward some semblance of normal. By September, SAAR had returned above 16 million. Sales increased 3.1% Until it isn’t.

Strategy 294

Strategy Customer Experience Study Technology 294

CB Insights

OCTOBER 26, 2020

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. Table of contents. The disruption of the IPO. Source: Getty.

Management 78

Management Capital Company Marketing 78

CB Insights

NOVEMBER 6, 2018

GAFA’s search data, smart home devices, advertising and marketing capabilities, and more offer compelling use cases for the beauty industry. Simultaneously, the beauty industry is looking towards tech to provide an edge in an increasingly crowded market. Google intends to dominate the smart home market. Consumer Insights.

Google 72

Google Apple Industry Branding 72

PYMNTS

DECEMBER 14, 2018

That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx. Since its launch in 2014, Instacart has attracted more than $1.6

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

SEPTEMBER 22, 2016

Marketers have latched onto this idea and are ready with videos when consumers visit a website. And, according to Pew Research, millennials are the group most concerned about running out of data (and the group most likely to use a mobile phone for payments). Marketers might want to rethink. will increase by 33.8 percent to $7.77

Mobile 100

Mobile Video Millennials Payments 100

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

SEPTEMBER 17, 2018

Market Cap ($B). Its acquisitions of smaller grocers like Roundy’s (2015) and Harris Teeter (2014) have bolstered Kroger’s supply chain further by integrating their warehouses and distribution centers into the company’s larger operations. This data underpins other improvements to Kroger’s operations. General Mills.

Industry 67

Industry Branding Retail US 67

Tech and Finance

MARCH 7, 2016

Gaining strength in the jobs market and more bargaining power for workers point to higher paychecks, and we expect average year-over-year wage gains to reach 3.2% in October, it hadn’t been that low since October 1977–a time when many women weren’t included in the jobs market.”. in mid 2014 to 41.8,

US 28

US Millennials Survey Policies 28