PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. The really-growing brands now beating the market are the ones already hooking these teenagers,” Bain Partner Claudia D’Arpizio told CNBC.

Millennials 100

Millennials social media Branding Groups 100

PYMNTS

SEPTEMBER 11, 2018

The aim of the new store is to further extend its lead over Apple in India’s smartphone market. With more than one billion wireless connections, the India market presents a lot of opportunity for Samsung and other electronics players. Koh said the idea is to cater to more millennials with the lower-end phones. “So

Samsung 100

Samsung Millennials Mobile Innovation 100

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. But the situation is righting itself as dynamic market forces reshape payments. Stepping into this hot mess have been innovative card products, digital checks and cloud tools that enable more companies to bring indie contractors into the fold.

Millennials 130

Millennials New York City National New York 130

PYMNTS

JANUARY 26, 2021

Since 2018, Alexa has been able to develop “hunches” based on its observations of its users' habits. Market watchers have already begun listing additional features they want to see by the end of the year, according to reports. percent said they’d made a voice-assisted purchase in the past day.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

MARCH 5, 2019

Amid a double-digit increase in digital sales and a focus on omnichannel efforts, Kohl’s Corporation beat analysts’ top-line revenue and earnings estimates for the fourth-quarter of 2018. Rewards and Millennials. The department store retailer reported revenues of $6.8 billion and earnings per share of $2.24 billion and $2.18

Millennials 148

Millennials Philadelphia Chicago Retail 148

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Millennials 145

Millennials Lending System Data 145

PYMNTS

FEBRUARY 6, 2020

To match the scale of the Nike effort, marketing and tech updates are important. Nike’s competitors haven’t yet introduced entire new lines, but they have focused on sustainability in marketing and product development. percent of the market in 2018, up from 14.3 Most importantly, products marketed as sustainable grew 5.6

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

DECEMBER 18, 2019

percent it declined in 2018 and the 0.7 percent it fell in 2017 according to IWSR, an industry tracker for the drinks market. . billion in sales between October 2018 and October 2019 — a roughly 200 percent jump — and kicked off something of a spiked seltzer follow-on craze. In 2019 alcohol consumption in the U.S.

North Carolina 131

North Carolina Millennials America Boston 131

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. markets in the next five years, with hundreds more potentially in the offing as well. CVS was among the early pioneers, starting with its 2018 purchase of health insurer Aetna.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. market as an example of the co-existence and collision of cash and digital payments.

Payments 189

Payments Innovation Examples FDIC 189

Accenture

NOVEMBER 28, 2017

With the introduction of the revised payment services directive (PSD2) in January 2018 just around the corner, banks face a new and potentially disruptive era. But in order to capitalize on this in a rapidly changing market landscape, banks need to act now and create their strategy for winning in the era of open banking.

Study 150

Study Millennials Examples Data 150

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Yet the trend isn’t without its complications.

Customer Experience 191

Customer Experience Survey Trends Data 191

PYMNTS

MAY 23, 2019

According to the Credit Union Innovation Playbook , a PYMNTS and PSCU collaboration, trust is the driving factor in that choice. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

JULY 30, 2019

Analysts had also expected earnings of 30 cents per share, but Grubhub reported 27 cents per share, which itself was about 46 percent lower than the second quarter of 2018. We are excited about the trajectory of our two-sided marketplace — both in terms of geographic diversity and depth in individual markets. billion and $1.39

Millennials 100

Millennials Google Mobile Maine 100

PYMNTS

OCTOBER 9, 2019

Payments and other forms of innovation and disruption are taking place as the gig lifestyle spreads across the world and seeps ever further into the daily lives of consumers while becoming more critical to business. The reliance on cash in many of the markets served by UReed, Alhassan said. Among the main challenges?

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

JANUARY 14, 2019

Those 99 million connected consumers are quickly transforming the car itself — from an innovation solely about transporting a consumer from point A to point B into a contextual commerce channel worth $230 billion a year in commuter-inspired purchases. billion on gas in 2018, $16.7 billion on coffee and $47.2 billion on food.

Millennials 158

Millennials Retail Mobile Report 158

PYMNTS

MARCH 10, 2020

What instant lending innovation have shoppers fallen in love with? Between 2018 and 2019, there was a 162 percent increase in buy now, pay later (BNPL) downloads – rising to roughly six million – of the most popular new “layaway” apps by the close of last year. Here’s a hint: We’ll tell you now … and you can thank us later.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

NOVEMBER 21, 2017

has its own Open Banking initiatives coming into force in 2018, too. They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. “For As the U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. There are encouraging signs, too, such as fee income rising more than 7 percent year over year (2018-19) and robust loan originations. The Shore Porters Society.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

NOVEMBER 28, 2017

Some of the most notable recent changes to the automotive market include the rise of electric-only vehicles , advancements in autonomous vehicle technology , the growth of rideshare companies and built-in vehicle payment tools that enable motorists to use their wheels to pay for parking or gas. The millennial factor. of Gen Xers.

Mobile 102

Mobile Millennials Los Angeles Trends 102

PYMNTS

OCTOBER 20, 2020

Until recently there was “a consumer” who industry felt it understood, and whose tastes it knew well enough to gauge the market of new products and services. We learn that the creative innovation that’s capturing people’s imaginations more than anything now is the mighty spoken word.

Maine 221

Maine Retail Branding Study 221

PYMNTS

JANUARY 21, 2020

The volume of orders placed via mobile apps grew 130 percent between 2016 and 2018, too, and mobile orders now represent approximately 60 percent of all digital food orders. Such services are particularly popular among millennials, who are growing up and moving toward their peak earning years. But that comparison goes only so far.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

OCTOBER 31, 2018

Their popularity declined along with vinyl recordings – by 1984, they were all officially recorded on cassette, and by the end of the 1990s, they had more or less faded forever from the market. But this is 2018, the year of the reboot and the relaunch. And Amazon’s been working hard to strengthen that bond throughout 2018.

Google 116

Google Millennials Examples Marketing 116

PYMNTS

OCTOBER 30, 2018

It was this observation, said Fred Thomas, vice president and general manager of retail for Goodyear, that led the firm to believe it had reached a crossroads where innovation is necessary. In our (traditional tire) stores we skew slightly older and slightly male, and we are missing millennials and women,” Thomas said. “We

Millennials 159

Millennials Maryland Metro Course 159

PYMNTS

AUGUST 27, 2019

One-third of Gen Z members and more than one-quarter of millennials will make secondhand purchases in 2019 due to environmental concerns and cheaper prices, for example. The online thrifting market combines both of these factors, making it especially popular among both demographic groups.

San Francisco 116

San Francisco Online Retail Millennials 116

PYMNTS

MARCH 2, 2020

The United States’ tight labor market exacerbates competitive tensions for such agencies, though. That appears to concern many businesses as 74 percent of recruiters stated in 2018 that they expected to more intensely vie against other firms to attract new hires in 2020. Staffing agencies in the U.S.

Cards 130

Cards ATM United States Payments 130

PYMNTS

FEBRUARY 28, 2019

Overall, Griffith said the company is constantly innovating around payment types and checkout speed. Shoppers can also reportedly purchase tickets in less than 10 seconds, which Griffith claims is about twice as fast as other options in the market.). They pay using Apple Pay, Google Pay , Venmo, a credit card or a debit card.

Trends 109

Trends Millennials Apple Google 109

PYMNTS

NOVEMBER 7, 2019

The discount does not apply to bike or scooter rides but Lyft Pink members get three complimentary 30-minute bike or scooter rides per month in select markets. In fact, according to PYMNTS research , the anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

MARCH 29, 2018

Porsche is working with Atlanta-based Clutch Technologies, which developed the app and already markets a vehicle subscription service in parts of the country. are forecasted to decline more in 2018, noted the report. In March, auto sales in the U.S. are likely to come in up 0.4 percent year-over-year, as forecast by J.D.

Atlanta 123

Atlanta Taxes Millennials Branding 123

PYMNTS

MARCH 21, 2019

What would a company as innovation-focused as Amazon want with something as outdated and unfashionable as cable home shopping? billion in revenue in 2018 , with 2 percent year-on-year growth. came via online sales in 2017, and by 2018 that had grown to 62 percent. Amazon had more Prime members than the network had viewers.

Video 108

Video Innovation Retail Online 108

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. That’s been the case in markets such as the U.K. The year is 2039. By then, it might be. Sure, more terminals in the U.S.

Online 197

Online Retail Mobile Branding 197

PYMNTS

FEBRUARY 28, 2018

As we enter 2018, we are working diligently to improve execution with a focus on conversion, gross margin and inventory management,” CEO Robert Niblock said in a statement. housing market and the increasing transition of the millennial generation into home ownership mode. percent, again ahead of the 3.1 tax reform.

Nashville 100

Nashville Tennessee Taxes Course 100

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. million such pieces. billion monthly active users – that keeps on growing.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

JANUARY 13, 2019

Those 99 million connected consumers are quickly transforming the car itself – from an innovation solely about transporting a consumer from point A to point B, into a contextual commerce channel worth $230 billion in commuter-inspired purchases a year. billion on gas in 2018, $16.7 billion on coffee and $47.2 billion on food.

Millennials 122

Millennials Study Retail Groups 122

PYMNTS

APRIL 18, 2019

A big part of the trend is driven by younger consumers — that is, the interest on the part of millennials in using recycled clothing, and caution on the part of the luxury brands in terms of what they can do online. Indeed, Farfetch, a rival to The RealReal, went public in September of 2018 at the high end of its IPO price range.

Retail 117

Retail Online Trends Course 117