PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

OCTOBER 21, 2020

"Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

JANUARY 21, 2019

The RealReal , the online luxury reseller, is reportedly mulling an initial public offering, reported Reuter s. Reuters reported the high-end luxury online retailer has issued a request for proposal to potential advisors and underwriters to take The RealReal public in 2019. FarFetch was able to raise $885 million, reported Reuters.

Online 122

Online Millennials Retail Report 122

PYMNTS

FEBRUARY 18, 2020

This is a popular strategy — DoorDash handled a full 35 percent of all meal deliveries in the United States in 2018, and Grubhub closely trailed on its heels, claiming 30 percent of orders. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

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

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

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

JULY 13, 2020

And the retailer ponied up a reported $200 million for pieces of Seattle-based startup CareZone ’s technology, which personalizes prescription drug management for individuals. CVS was among the early pioneers, starting with its 2018 purchase of health insurer Aetna. billion globally by 2024, according to a press release.

Retail 219

Retail Innovation Online Seattle 219

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

OCTOBER 20, 2020

PYMNTS researchers found that what we call “social shifters” moved online fast but are most likely to rush back to physical stores and outside activities. This means that the share of consumers making purchases who do so via voice assistant is up 42 percent since 2018 and up 10 percent since 2019.”.

Maine 221

Maine Retail Branding Study 221

PYMNTS

AUGUST 17, 2018

With over 200 million monthly views and millions of subscribers globally, izo , the parent of media company DanceOn , is a digital network devoted to original dance-centric video and music content for millennials and gen-z audiences. There are hundreds of partners we work in any given month,” Steinberg said. Izo Onboarding.

Payments 100

Payments Management Video Millennials 100

PYMNTS

JUNE 28, 2019

According to the new Mobile Order-Ahead Tracker , the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. They found that 45 percent of customers would use online ordering services more often if loyalty programs were available, and that 33 percent were willing to pay an extra fee for delivery.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

NOVEMBER 20, 2019

healthcare market, which is continuously at the center of debate regarding how to expand access and manage treatment costs. They also deliver more seamless experiences that consumers — and millennials in particular — have come to expect. trillion in 2018, an increase of 80 percent from 2014. . Frictions are rampant in the U.S.

Payments 111

Payments System Cards Marketing 111

PYMNTS

DECEMBER 30, 2020

Robinhood offers an easy-to-use app to trade stocks commission-free, making the company popular with millennials. Petco said the upgrades include a focus on curbside pickup, same-day delivery, online appointment booking for veterinary care and more. Rival online pet supply firm Chewy staged a successful IPO last year.

Marketing 198

Marketing Company Online Management 198

PYMNTS

JUNE 7, 2019

As has been recounted in this space, the European Union’s SCA regulation looks to have hundreds of millions of consumers confirm they are who they say they are when they buy goods and services online. PetSmart aims to take its online venture public at a valuation of around $7 billion.

Fintech 101

Fintech Study Online Retail 101

PYMNTS

DECEMBER 9, 2019

consumers are predicted to spend more than $1 trillion during the 2019 holiday season, mostly through online and Cyber Monday deals. Kaplan expects consumers to leverage BNPL for holiday purchases, as it will allow them to free up their cash flows and better manage spending. Cutting through the holiday buzz .

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

OCTOBER 11, 2018

To serve millennials and other consumers, Wells Fargo launched a mobile banking app called Greenhouse by Wells Fargo last year. The app, which was announced in November, includes tools to help consumers manage their money and see where they stand financially.

Payments 150

Payments Mobile Tools Cards 150

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc.

Lending 116

Lending Security Philadelphia Dallas 116

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo. billion in a 2018 funding round.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

FEBRUARY 11, 2020

The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom is taking a multichannel approach.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

NOVEMBER 21, 2017

has its own Open Banking initiatives coming into force in 2018, too. The financial management hurdles are especially acute for millennial entrepreneurs, according to findings from Nesta’s report, released earlier this month. ’s entrepreneurs are struggling in today’s financial services climate.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

OCTOBER 30, 2018

Users can order up an online valet so that their car can be picked up and dropped off after the tires are changed. 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.

Millennials 159

Millennials Maryland Metro Course 159

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. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

MAY 24, 2019

In Google Maps and Google Search, consumers can access an “Order Online” button that shows up when they look for a supported restaurant. Among the findings is that 65 percent of QSR managers believe using apps to place orders delivers a positive customer experience. For instance, commuters in 2018 spent some $62.3

Google 115

Google Mobile Retail Innovation 115

PYMNTS

AUGUST 6, 2018

Grubhub made news a couple weeks ago when it simultaneously delivered a very strong Q2 2018 earnings report and announced the acquisition of LevelUp. LevelUp is front and center on the Chase site as its partner for online ordering using Chase Pay and Chase Commerce Solutions (aka Chase Paymentech). Source: [link].

Online 125

Online Branding Mobile Millennials 125

PYMNTS

NOVEMBER 23, 2018

PYMNTS recently caught up with Paige Cohen, manager at Instagram to learn more about Instagram’s updates to their shopping features. clicks to complete an online purchase. Data from that report tell a story that would seem to support the latest Instagram mobile and digital commerce push, or similar efforts.

social media 163

social media Mobile Branding Retail 163

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

MARCH 15, 2018

Or, at least, that’s the pessimist’s view — a more optimistic estimate puts the odds somewhere around 1 in 128 billion, which is a much more manageable statistical impossibility. It even managed to garner a $3.1 Boomers vs. Millennials vs. Scammers . quintillion. billion loan at the time to keep stores open.

Payments 108

Payments Millennials US Fraud 108

PYMNTS

APRIL 30, 2018

And the the brand isn’t just moving its sales online, but is increasing expanding its businesses there. Hosts are present and accessible across social media — particularly Facebook and Instagram — and the content on-air is also broadcast across the web where millennials are somewhat more likely to consume it. Signs of Traction.

Branding 129

Branding Millennials Retail social media 129

PYMNTS

JANUARY 22, 2018

It’s why I wrote at the start of 2018 that the year’s power brokers will be those who can use their scale, reach and momentum to drive innovation forward. It was also a tacit admission that capturing more grocery spend required more than just relying on the natural evolution of the growth of online grocery sales.

Innovation 135

Innovation Online Branding El Paso 135

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

MAY 25, 2018

For fiscal 2018, L Brands now expects earnings per share to fall within a range of $2.70 Moreover, while Victoria’s Secret is starting to see success by moving its customer base online, that success comes at a cost. Millennials are the most fearful of the self-driving onslaught. and $3, down from a prior estimate of $2.95

Branding 108

Branding Retail Cards Online 108

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. I joked that I’d be a shoo-in for the job.

Cards 169

Cards Course Study New York 169

CB Insights

NOVEMBER 5, 2019

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. Tencent is an investor in Xiaobang , which targets middle-income families with online courses on insurance planning and financial education.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

OCTOBER 29, 2018

Facebook reported on their website that their teams have made progress: They removed 837 million pieces of spam in Q1 2018 before anyone reported it, disabled 583 million fake accounts “within minutes” of going online and removed 24 million inappropriate pictures related to violence and nudity. million such pieces. eBay … and eBay.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

APRIL 13, 2018

According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. There is, of course, a lot of 2018 left, and the retail picture in the U.S. Now you can buy a Sears store online. And, particularly for U.S.-based

Retail 116

Retail Course Washington Marketing 116

PYMNTS

DECEMBER 4, 2019

Recent searches, saved places and flights you’re tracking are added automatically to your trips when you’re signed into your Google account,” wrote Richard Holden, VP of product management and travel at Google, in a blog post. Soon, we’ll add viewed things to do and saved and viewed hotels to your trips. One example of that?

Leadership 131

Leadership Industry Google Groups 131