PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Data obtained by one news outlet indicates that Chinese tech firms are aiming to grow markets for the newest facial recognition technology while moving a global standard forward.

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

JANUARY 27, 2020

Despite increased attendance and a spike in the fitness industry , some middle-market fitness gyms are struggling with debt, according to a report by Bloomberg. In 2019, the company’s earnings went down due to the troubled debut of a new automated system for check-ins and signups. The company’s membership went down to 3.4

Marketing 140

Marketing Branding Millennials Groups 140

PYMNTS

SEPTEMBER 16, 2019

Also, bridge millennials offer profound insight into the future of connected commerce. trillion global payments market with free services. While financial institutions currently control the international payments sector, startups will continue to crowd the market. Visa, Insurers Partner On Real-Time Claims Payouts.

Millennials 120

Millennials Payments Report Regulation 120

PYMNTS

NOVEMBER 30, 2020

market for food delivery. Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote in its recent S-1 filing. We believe we are in the early phases of broad market adoption.”. population. …

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US Marketing Trends Millennials 181

PYMNTS

NOVEMBER 15, 2019

According to a new report by marketing technology firm BounceX, conversion rates on mobile have grown faster than on any other device over the past three seasons. The heaviest users are millennials, members of Generation X and bridge millennials.

Retail 128

Retail Mobile Millennials Tools 128

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

JANUARY 27, 2020

Despite increased attendance and a spike in the fitness industry , some middle-market fitness gyms are struggling with debt, according to a report by Bloomberg. In 2019, the company’s earnings went down due to the troubled debut of a new automated system for check-ins and signups. The company’s membership went down to 3.4

Marketing 130

Marketing Branding Millennials Groups 130

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

Banking Trends 119

Banking Trends Trends Millennials Oregon 119

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations.

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

MARCH 2, 2020

and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. We’re excited to bring our vertically integrated model to the United States, the largest home improvement market in the world,” a Wren Kitchens spokesperson said. market in terms of marketing and real estate is substantial.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. More data on the market comes from sneaker and streetwear reseller StockX. We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

FEBRUARY 25, 2020

Experiential marketing is one of the most commonly discussed and executed strategies in the 2020 connected commerce world. Anthropologie , for its part, is renowned for its creativity and innovation in experiential marketing, while Macy’s is focusing on experiential stores as part of its comeback plan for the year.

Retail 130

Retail Millennials Tools Innovation 130

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. million in the same 2019 period. “We

Marketing 198

Marketing Company Online Management 198

Perficient

JULY 12, 2022

What does your brand portray to the market? population is considered Millennial or younger, as of July 2019) , the demand for personalization grows. Consider: Marketing automation through Salesforce Marketing Cloud extends the capabilities of the Financial Services Cloud across digital touchpoints.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

Insights on Business

FEBRUARY 13, 2019

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. Hyper-connected journey.

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Albuquerque Digital Banking Millennials social media 152

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 Gen Zers in the market who are eligible to carry credit cards.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. Surveys and other types of reports are taking note of this apparent trend. About a fifth, by comparison, had used Venmo for gambling.

Payments 115

Payments Marketing Millennials Trends 115

FICO

DECEMBER 20, 2018

For my predictions, I’ll focus on four areas of tactical concern within consumer banking that I feel confident bank executives will make significant progress addressing 2019. This regulatory green light will embolden bank product managers to think creatively in 2019 about how they can carve out a slice of the estimated $90 billion U.S.

Trends 73

Trends Lending Fraud Exercises 73

PYMNTS

JUNE 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We At the conclusion of 2019, Robinhood said it had 10 million users. The app was up in under an hour.

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent in 2019.”. percent in 2019. up from 39.3

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

FEBRUARY 14, 2020

Things could not have gone much better for Wine.com in 2019. 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. The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. Since November 2019, about 60,000 UK users have signed up for the service, according to the Financial Times Thursday (Feb.

United States 150

United States FDIC Millennials cryptocurrency 150

PYMNTS

FEBRUARY 19, 2020

50 percent: Portion of millennial consumers who place more deliveries than they did two years ago. meal delivery market controlled by DoorDash in October of 2019. Data: 2005: The year Essentia’s founder created a mattress made of organic, non-toxic materials. 35 percent: Approximate share of the U.S.

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Branding Millennials Data Retail 130

PYMNTS

JUNE 12, 2019

Data: 64 million: Number of cars equipped with some form of connected technology that will be shipped worldwide in 2019. $59 59 billion: Estimated value of the global biometrics market by 2025. 48 percent: Share of millennial parents who would rather not eat at all than wait in long QSR lines.

Security 148

Security Millennials Data Retail 148

FICO

DECEMBER 19, 2018

My wallet headed into 2019 is about 1/10 th the size it was at the start of the year. My 2019 prediction is that my newly trimmer wallet will be even thinner by next December. I’m predicting that I, along with millions of other consumers, will go cashless in 2019. Stopping by a farmers’ market to catch a slice of life?

Fraud 80

Fraud Payments Mobile Cards 80

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 Gen Zers in the market who are eligible to carry credit cards.

Millennials 101

Millennials Cards Lending Data 101

PYMNTS

JANUARY 20, 2020

Millennials to the Rescue. Indeed, there are solid reports out there that millennials — that scapegoated generation blamed for the demise of certain fast-casual restaurant chains, densely-packed pieces of primeval carbon (aka diamonds ) and other consumer mainstays — are helping to keep the greeting card industry alive.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

DECEMBER 18, 2020

million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. million from $50 million in the same 2019 period. percent in 2020’s first nine months, which didn’t sway the market once the stock started trading. orders on average on our platform in 2019.”. After losing $14.5 30 quarter.

social media 232

social media Online Millennials Training 232

PYMNTS

JUNE 19, 2020

The e-commerce industry as a whole got a bit shell-shocked in the first few weeks of March in the wake of COVID-19, with marketers dialing back ad spend,” says Paul H. percent purchase rate was measured over 2019’s 10.5 It’s never been a better time to be a retail app marketer.”. per customer.

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Meeting Mobile Retail Maine 175

PYMNTS

OCTOBER 5, 2020

Now that consumer packaged goods companies have shown they can create products and sell them directly to consumers, it’s time for them to step up their strong suit: marketing. As part of its Kellogg’s Family Rewards program, it is wrapping up a D2C promotion that is unique for its marketing-first approach and for its product bundling.

Branding 183

Branding Millennials Resources Marketing 183

PYMNTS

JANUARY 13, 2021

Poshmark, according to its S-1, enters the market a profitable firm, with growing revenue, an increasing consumer base and rising revenue. million in 2019, Poshmark made $21.1 million active users spent an average of 27 minutes a day on the site in 2019. 31 were millennial or Gen Z consumers. After losing $14.5

social media 169

social media Trends Retail Millennials 169

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. According to The Financial Times, in China funding for FinTech startups declined 89 percent to $192 million during the first quarter of 2019.

Fintech 176

Fintech Millennials Regional Financial Technology 176

PYMNTS

JULY 14, 2020

billion in 2019, a 112 percent increase. Merchant revenue margins for fiscal 20 are expected to be in line with or better than the first half of fiscal 2020 and fiscal 2019. The company is exploring a number of small mergers and acquisitions to accelerate roll out across potential new international markets. Total sales were $11.1

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

JUNE 14, 2019

The offering itself is somewhat familiar to apparel market watchers who have watched the evolution of the rental clothing box industry over the last half-decade. Urban Outfitters ’ announcement that it was moving into the world of fashion for rent about a month ago was surprising — and also not.

Marketing 116

Marketing Branding Retail Millennials 116

CB Insights

APRIL 1, 2019

Tech is transforming every industry, and the global luxury market is no exception. Download the full report to find out the top trends in luxury for 2019 from pop-ups to luxury streetwear. One of the top luxury trends of 2019 will be brands expanding into product lines like athleisure wear and more. China’s Online Channel.

Trends 43

Trends Branding cryptocurrency blockchain 43

PYMNTS

OCTOBER 23, 2020

million homes on the market. In terms of turnaround, properties were on the market for only 21 days. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. This implies that first-time buyers are being priced out of the market.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

AUGUST 20, 2019

According to the Q2 2019 Subscription Commerce Conversion Index , competition is tight as ever. In the second quarter of this year, seven existing merchants dropped out and four joined the subscription market. The market saw more fluctuation earlier in 2018, though. However, the average index score in Q2 2019 was 64.4,

User Experience 116

User Experience Millennials Video Payments 116