PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. Sales of luxury goods in China reached 142 billion yuan ($22.07

Millennials 100

Millennials Branding Retail America 100

PYMNTS

DECEMBER 26, 2018

Merchants from grocers to quick-service restaurants (QSRs) and gas stations rolled out new ways for consumers to transact from mobile ordering to scan-and-go checkout in 2018. Amazon, however, isn’t the only retailer that deployed similar technology this year. It plans to bring the technology to about a quarter of its U.S.-based,

Retail 136

Retail Mobile Miami Dallas 136

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL. About The Tracker.

Millennials 219

Millennials Payments Retail Apple 219

Insights on Business

MARCH 19, 2018

Also from IBM Research are the annual “5 in 5” technology predictions that will change the way the world works. Millennials mastering the mainframe. Changing the way the world works. As the mainframe is experiencing a renaissance that is being led by IBM Z , the annual “Master the Mainframe” global winners are announced.

blockchain 150

blockchain Millennials Data Technology 150

PYMNTS

OCTOBER 1, 2019

To that end, ownership of the key enabler of contactless payments – that would be smartphones, of course – is up, reaching 90 percent in 2019 versus 84 percent in 2018. Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power.

Millennials 140

Millennials Payments Study Groups 140

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. The post What Will Bankers Purchase in 2018?

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

PYMNTS

JANUARY 7, 2019

A large portion of commuters, though (some 99 million), are finding ways to connect, either by using their smartphones or technology already built into their vehicles’ dashboards. Voice assistant technology, for one, has the potential to significantly boost in-vehicle commerce — for obvious reasons. About The Digital Drive Report.

Data 173

Data Millennials Report Google 173

PYMNTS

JANUARY 26, 2021

Since 2018, Alexa has been able to develop “hunches” based on its observations of its users' habits. And voice assistants are showing up to assist with a growing number of those home purchases — 42 percent more often than they did in 2018 and 10 percent more than they did in 2019.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Millennials 124

Millennials Cards Lending Data 124

FICO

DECEMBER 13, 2017

So, will 2018 be more fun? Many large financial organizations that have not invested in collections technology for many years will be forced to invest as the life of their current platform comes to an end. Rest up this holiday season, and I’ll see you in 2018. The post Collections Predictions 2018: Will 2018 Be Any Fun?

Regulation 45

Regulation Guidelines Trends Millennials 45

PYMNTS

OCTOBER 22, 2020

Silicon Valley's Sensory , which works in pioneering artificial intelligence, has rolled out its new VoiceHub technology, which will allow developers to make wake words and voice control command sets, a press release says. Millennials, the survey found, are around twice as likely to use this technology as other generational demographics.

Training 174

Training Millennials Resources Study 174

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Millennials 101

Millennials Cards Lending Data 101

Insights on Business

FEBRUARY 7, 2019

Now, advances in technology are finally enabling them to plan for the retirement that they want by automating a critical part of financial planning: wealth decumulation. Robo-advisors have already unlocked billions in value in the wealth accumulation market, serving millennial users who were similarly left out in the cold.

Technology 102

Technology Study Security Management 102

PYMNTS

SEPTEMBER 3, 2018

Here at PYMNTS our resident expert in thinking outside of the lines as laid out by conventional wisdom is Karen Webster — and summer 2018 has been a particularly good time for drawing long and unexpected lines way outside the box, and into a rapidly changing future. AKA thinking outside of the box.

Innovation 100

Innovation Branding Retail Regulation 100

NCR

FEBRUARY 16, 2018

As we move into 2018, all businesses (but particularly established FIs) must be open to experimentation and innovative thinking if they want to stay relevant. Finn is yet another way we’re innovating for millennials by designing a product that lets them spend and save on their terms.” Image credit: Evgeny Gromov via iStock.

Trends 56

Trends Innovation Millennials Analysis 56

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

NOVEMBER 8, 2016

It’s already working toward rolling out technology in all of its stores worldwide by the end of 2018, noted the report. After all, Starbucks , Domino’s and Taco Bell already have digital payment options that have been hugely popular with consumers, particularly millennials who were born with a smartphone at their hip.

Millennials 182

Millennials Online Technology Mobile 182

PYMNTS

DECEMBER 24, 2018

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. The art of conversation is far from dead.

Data 151

Data Payments System social media 151

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

Gonzobanker

OCTOBER 26, 2017

This is not to say financial institutions don’t develop talent for lending and information technology. Can bankers make lending something that has panache and appeal to Millennials? Maybe 2018 is the year to ratchet up our long-term “build” strategies. And who will replace them? Risky, yes.

Resources 66

Resources Training Lending Strategy 66

PYMNTS

NOVEMBER 3, 2020

Moreover, the data show consumers are varying how they make those commerce connections from home — and trending more toward leveraging voice technology than they ever have before. According to the study, bridge millennials engage in 14.1 The bridge millennials in our study are also early adopters of voice-assisted technologies.

Millennials 146

Millennials Data Study Survey 146

PYMNTS

DECEMBER 6, 2018

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. charitable giving market come from online donations , and the canned tuna industry is adapting to the tastes of millennials and younger consumers amid a decline in consumption.

Data 116

Data Millennials Financial Technology Tools 116

PYMNTS

SEPTEMBER 11, 2018

In the past, I brought the new technology and differentiation to the flagship model and then moved to the mid-end. But I have changed my strategy from this year to bring technology and differentiation points starting from the mid-end,” Koh told CNBC in an exclusive interview last week.

Samsung 100

Samsung Millennials Mobile Innovation 100

PYMNTS

NOVEMBER 23, 2018

But don’t get too carried away — during the 2018 holiday season, most U.S. The growing and developing power of online retail and associated retail technology will also be demonstrated this holiday season. Digital is certainly the bee’s knees, the rad kid of commerce, the hippest person in the place. 26 to hit $7.7 billion, up 17.6

United States 140

United States Millennials Retail Online 140

PYMNTS

JULY 18, 2018

The marketplace of 2018 and its many opportunities are the favored fodder for optimists in the digital age. 372 million: Estimated property damage (so far) from the Kilauea volcanic eruptions of 2018. 1 trillion: Value of loan balances held by credit unions as of March 2018.

Data 100

Data Millennials Fraud Community 100

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 108

Millennials Metro blockchain Lending 108

PYMNTS

DECEMBER 18, 2020

Pairing technology with the inherent human desire to socialize, our marketplace creates passion and personal connections among users.”. million in 2018 and $48.7 million in 2018 to 31.7 31 were millennials or Gen Zers, which is a very desirable demographic for an online platform. Poshmark Is Turning a Profit. 30 quarter.

social media 232

social media Online Millennials Training 232

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. 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

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 100

Millennials Metro blockchain Lending 100

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. In the first quarter of 2018 venture funding going toward FinTechs stood at $6.2

Fintech 176

Fintech Millennials Regional Financial Technology 176

Banking 2020

JANUARY 15, 2016

In 2018, 50 Percent of Consumers Will Use Smartphones or Wearables for Mobile Pay, Says Gartner: A recent study from Gartner, Inc. shows that in the next two years, wearable technology and smartphone apps will be the go-to payment method. Articles via Mobile Marketing Watch, The Financial Brand, Enterprise Innovation.

Mobile 40

Mobile Technology Millennials Study 40

PYMNTS

MAY 22, 2019

percent in Q1 2018. percentage point increase over Q3 2018. Despite low mobile wallet usage, consumers aren’t dissatisfied with the technology. percent of bridge millennials bought via smartphone. percent) and millennials had the highest usage of mobile generally (9.0 In Q1 2019, nearly half of consumers (46.4

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

NOVEMBER 5, 2018

In a press release , TransUnion said it acquired Noddle earlier in 2018 as part of its acquisition of Callcredit , a credit reference agency based in the U.K. Credit Karma is a fast-growing personal finance technology company that has more than 85 million members in the U.S. Terms of the deal were not disclosed. consumers.”.

Millennials 152

Millennials America US Report 152

PYMNTS

JANUARY 14, 2020

Broadly speaking, it seems the follow-up act to the millennial generation – that is, Gen Z – is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Innovation 160

Innovation Payments Millennials Cards 160

PYMNTS

DECEMBER 19, 2016

By 2018, McDonald’s hopes to roll out delivery worldwide. Starbucks , Domino’s and Taco Bell already have popular digital payment options, especially with millennials (go figure). It’s working toward rolling out these technology upgrades in all of its worldwide locations by the end of 2018. Customers in the U.S.,

Florida 100

Florida Tampa Miami Millennials 100