PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 billion, up 8.3 billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

Bank Innovation

FEBRUARY 24, 2017

In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Hip Money – a new app by Hip Pocket – adapts the millennial habit of “swiping” to help them save and pay down debt through a mobile app. Nebraska-based software Read More.

Nebraska 199

Nebraska Millennials Marketing Software 199

PYMNTS

APRIL 12, 2019

When Honeyfi got off the ground in 2017, it had a pretty simple idea. Couples could better manage their financial lives if they had a transparent platform where they could share the financial data they wanted to share, keep private what they wanted to hold back — and work jointly to set and meet their financial goals.

Millennials 154

Millennials Tools How To Video 154

PYMNTS

DECEMBER 31, 2016

As PYMNTS puts away our party noisemakers until next year and throws out our novelty New Year eyeglasses, never to be worn again, we realize that the time is nigh — resolution season 2017 has begun! Here are our 2017 resolution recommendations for our favorite key players this time around. Until mid-February, at least. Oh, chatbots.

Apple 109

Apple Security social media Study 109

PYMNTS

AUGUST 14, 2017

Its “Whole Paycheck” image combined with the rise in availability of organic foods in more traditional grocery stores put pressure on its stock, which was in the dumper, and the management team to do something to turn things around. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

NOVEMBER 23, 2017

While much of what we prepare as a nation comes from something of a preset list, we’ve managed to change up the menu a little along the way. As of 2017, Thanksgiving’s evolution is continuing forward into the future. According to the American Farm Bureau Federation, 2017’s dinner table prices are hitting five-year lows.

National 131

National Retail Survey Examples 131

Jeff For Banks

APRIL 4, 2024

Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Now the oldest millennial is 43 (see table by Statista).

Banking Trends 119

Banking Trends Trends Millennials Oregon 119

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Between 2017 and 2060, it’s expected that approximately $50T will change hands in what will be the largest aggregated transfer of wealth in history.

Management 87

Management Fintech Industry Trends 87

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. million raise in the fall of 2017, which was led by Eniac, and it also raised $7 million in venture debt from Silicon Valley Bank. Zero announced an $8.5 in a statement.

Cards 135

Cards Millennials FDIC ATM 135

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

OCTOBER 6, 2019

“We believe that together with current management, ModCloth has the ability to become a stronger player in the premium fashion market, nationally as well as internationally,” Go Global’s Managing Director Jeff Streader said in a press release. While Jet was supposed to reach urban dwellers and millennials, it has not driven traffic.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

MAY 23, 2017

A recent survey by American Express shows that, unsurprisingly, millennials have the biggest appetite for digital dining experiences, from ordering take-out through a mobile app to ordering and paying through a kiosk at their table to tweeting what they’re eating. Here are the results, in brief.

Survey 103

Survey Millennials social media Training 103

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Money management tools are helping people stay independent .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

FEBRUARY 20, 2018

Its 2017 U.S. Small Business Payments and Banking Survey also found millennial small business owners are twice as likely than their older peers to have used an alternative funding solution (48 percent compared to 25 percent for business owners 35 and older). New research released by Mercator Advisory Group on Monday (Feb.

Millennials 101

Millennials Lending Survey Groups 101

PYMNTS

OCTOBER 8, 2018

Sixty-one percent of small businesses said they use commercial credit cards , a year-over-year decrease from 2017’s 71 percent. At the same time, more than two-fifths of survey respondents agreed that cash flow management is a daily concern, while more millennials said it’s a concern compared to their older peers.

Millennials 197

Millennials Cards Survey Lending 197

William Mills

APRIL 20, 2017

Seth Wheeler, Managing Director at JPMorgan Chase, posed the question, “Do we build or do we partner?” Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

PYMNTS

FEBRUARY 26, 2019

In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in. According to a report in Fintech Futures , HSBC started the beta test with 15 retailers in Hong Kong. They can now accept payments from customers that use HSBC’s eWallet.

social media 178

social media Millennials Fintech Retail 178

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

FEBRUARY 14, 2020

By all accounts, including industry bible Wine Enthusiast, the wine of the year for 2019 was the Taylor Fladgate Quinta de Vargellas Vinha Velha 2017. Millennial purchases grew 36 percent in 2019, which Bergsund sees as the key to what he calls the next generation of wine drinkers. Millennials are leading a premium trend for wine.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

NOVEMBER 5, 2018

with the support and guidance to help members make the lifestyle changes necessary to better manage chronic and complex diseases, while creating stronger connections between the participants and entire care team,” Fitbit said. This is especially true of millennial women, who are twice as likely to use fitness apps as millennial men.

Millennials 168

Millennials Policies Apple Technology 168

PYMNTS

DECEMBER 28, 2018

According to the PYMNTS/Unifund Financial Invisibles Report , 81 percent of participants said their financial situations have either remained stable or improved since last year, and the number of consumers seriously delinquent on debt dropped 11 percent between Q4 2017 and Q2 2018. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

PYMNTS

MARCH 9, 2018

Today in PYMNTS data, Verifone’s first-quarter earnings largely met expectations, B2B FinTech firms are targeting millennials and small- and medium-sized businesses (SMBs) with digital financial services and blockchain appears to have real potential for market disruption. 206 million | Value of U.K.-based

blockchain 101

blockchain Data Millennials cryptocurrency 101

PYMNTS

JANUARY 31, 2018

31) that Visa Checkout, the online payment method introduced in the United Kingdom in the middle of 2017, hit a milestone by securing 1 million customer accounts. Millennials top the list here, as 85 percent have ordered food delivery. Visa announced news on Wednesday (Jan. The company said the U.K.

Millennials 100

Millennials Online Study Security 100

PYMNTS

MAY 14, 2018

percent of GDP, worth roughly $711 million in income in 2017. As noted in a recent report commissioned by ADP, roughly half of Generation Z (47 percent) and about a third of millennials (at 31 percent) would turn down a job if unable to choose how money ends up in their pockets.

Payments 125

Payments Millennials Cards United States 125

Let's Talk Payments

FEBRUARY 7, 2017

Finance help app, which is aimed at millennials and anyone else who wants to better monitor their spending, takes just four weeks to launch its UK app London, UK, February.

Millennials 40

Millennials Management 40

PYMNTS

MAY 20, 2020

percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future. percent of Generation X, and 30 percent of bridge millennials who have leapt across the digital divide and plan to stay there. For example, our survey found that 31.1

Online 184

Online Millennials Digital Strategies Retail 184

PYMNTS

MAY 15, 2017

Invoke, like its competitors, can play music, manage calendars and activities, set reminders, check traffic, and deliver the latest news via voice-activated command. In 2017, eMarketer projects 35.6 percent increase in usage from 2016 — driven primarily by millennial consumer adoption. percent year over year in 2017.

Google 108

Google Millennials Samsung Video 108

PYMNTS

SEPTEMBER 14, 2018

According to a company report, the Sapphire Reserve card is popular among millennials because of the generous rewards points, which cater to their desire to travel. With the new checking accounts, customers will get access to sporting events and other entertainment, just as Sapphire Reserve credit card customers do.

Cards 123

Cards Millennials ATM Branding 123

PYMNTS

JUNE 26, 2017

The “ 2017 HSBC Private Bank: Essence of Enterprise ” report compares populations of entrepreneurs across two different generations — those in their 20s and 30s and those who started their business in their 50s — to explore how younger small business owners prioritize their time and operate their businesses.

Millennials 132

Millennials Regional Report Community 132

PYMNTS

JANUARY 10, 2018

We want to know a little about their business – what funding they’ve managed to pick up, what problem they are trying to solve, what types of products they’ve built.”. The process for startups is as straightforward as completing a very simple form online and, if the company wishes, submitting a reference. “We

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

NOVEMBER 2, 2017

According to news from Forbes published last month, small business owners are getting ready to hand down their businesses to millennial entrepreneurs. But it doesn’t have to be that way … Instead of just letting businesses close down, we need more millennials who can identify these opportunities and buy into them and grow them.”.

Millennials 116

Millennials Technology Software Taxes 116

PYMNTS

JUNE 21, 2018

To better understand personality differences, PYMNTS focused on three different groups: tech-savvy consumers, millennials between the ages of 25 and 34 and small business owners. in 2017, making it the worst year on record, according to the Federal Emergency Management Agency (FEMA). Disbursing Aid for Disaster Relief Efforts.

Data 138

Data Millennials Tools Payments 138

PYMNTS

AUGUST 4, 2016

The Department of Transportation will use the back-end support of Cubic Transportation and, in collaboration with Passport, will change the EASY Card revenue management system to allow travelers to buy fares using contactless, check balances on the cards, view account history and manage accounts through a new app.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

NOVEMBER 13, 2017

millennial small business owners expect revenue to increase in 2018 , a whopping 30 percent greater than the national average of small- and medium-sized businesses (SMBs) overall, according to Bank of America’s latest Business Advantage Small Business Owner Report , released last week. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

MAY 22, 2018

This challenge is seen across the spectrum of consumers, but it’s most acutely noticeable among older or bridge millennials — consumers between the ages of 30 and 40 who are buying houses, having children and beginning to settle into their roles as the drivers of commerce in the U.S. according to the figures PYMNTS has gathered.

Millennials 109

Millennials Branding Retail Online 109

PYMNTS

SEPTEMBER 4, 2017

card payments made in June of 2017 were contactless, researchers noted. Unsurprisingly, millennial consumers are driving this trend. and Ireland Managing Director Kevin Jenkins in a statement. The credit card company’s annual Digital Payments report, released Friday (Sept. More than a third of U.K.

Payments 135

Payments Survey Cards Millennials 135