PYMNTS

FEBRUARY 19, 2020

Some operators, such as Chipotle , are even launching store designs that showcase pick-up windows. 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. 35 percent: Approximate share of the U.S.

Branding 130

Branding Millennials Data Retail 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

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. 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. Social-based marketing. Hyper-connected journey.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., 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. Afterpay Ltd. , Its strong performance across the business in Q4 delivered sales totaling $3.8

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

JANUARY 20, 2020

While it’s unclear yet if Papyrus’ e-commerce site and wholesale business will remain in operation, the business will be conducting liquidation sales at its stores.”. Millennials to the Rescue. Greeting card experts say it’s younger people and millennials, in particular, who have been keeping the industry afloat.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

NOVEMBER 13, 2020

In this case, the metrics show triple-digit gains on the top line, and red ink on the operating income lines still in place – a hallmark of high-flying platform companies that have gone public over the past several months. At the same time, the operating loss declined from $479 million to $131 million. Cash Is King? .

Course 244

Course Millennials Operations Survey 244

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

PYMNTS

MAY 14, 2020

The $33 million revenue increase over fiscal 2019 is the biggest in the company’s 15-year history. However, April revenues exceeded $40 million, a 350 percent increase over April 2019. This took what the company calls “trailing” 12-month revenue to $197 million – a 47 percent increase over 2019. With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

MAY 13, 2019

The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. Perhaps the biggest story in P2P, though, is the ongoing battle between P2P providers Zelle (operated by Early Warning Services ) and Venmo (owned by PayPal ).

Payments 198

Payments Apple Cards Course 198

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. in the year to February 2019. The barriers ahead.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 11, 2019

Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20 percent decline in operating income. A decline was expected prior to Monday’s revision — but it was for 15 percent, which itself was a lowered estimation.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. In 2020, we will continue to expand even further within key domestic and international markets. But investors had hoped to see same-store sales increase by 2.5

Mobile 101

Mobile Operations Trends Millennials 101

Abrigo

OCTOBER 21, 2019

Today, 73% of all consumer interactions with financial institutions are done digitally , according to the 2019 FIS Performance Against Customer Expectations (PACE) report. I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

FEBRUARY 27, 2020

In this market? But connecting the dots of the food delivery landscape, the recent fates of money-losing “disruptor” firms in the public markets may give a hint of what’s at stake, and what’s to come, should an IPO indeed come to pass. The notion that the company would be tapping the markets for capital begs the question: Why?

Capital 151

Capital Millennials Marketing Taxes 151

PYMNTS

FEBRUARY 27, 2019

27), Anthony Barzilay Freund, editorial director and director of fine art at the retailer of antique and modern furniture, jewelry, fashion and art, talked about the role content — even long-form articles — can play in eCommerce in 2019. Even IKEA reportedly is reducing the print run of its 2019 catalog by 50 percent. billion in 2007.

Retail 214

Retail Online America Millennials 214

PYMNTS

OCTOBER 8, 2019

Taking the pulse of where we stand coming into the last few months of 2019, deal activity has seemingly been concentrated within the alternative finance and investment arenas. Groww focuses on investment products and services marketed to millennials. The company offers and operates an app that allows users to track daily spend.

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

OCTOBER 8, 2019

Three months away from the end of 2019 and the dawn of the 2020s, the state of the credit union is stable, due to a healthy foundation that is already in place, according to Charles E. The Millennial Challenge. Chuck) Fagan, CEO of PSCU. There’s a younger generation in the U.S.

United States 102

United States Millennials Course Lending 102

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

APRIL 30, 2019

He noted a recent survey that found 50 percent of millennials, 40 percent of Gen X and 20 percent of baby boomers have indicated they are “more likely” to visit stores with intelligent retail or automated checkout facilities than standard retail outposts. The days of the coin- and bill-operated laundry machine are numbered, it seems.

Retail 138

Retail Data Operations Payments 138

FICO

SEPTEMBER 19, 2022

Tue, 07/02/2019 - 02:45. Statista research states that Millennials were the largest generation group in the U.S. in 2019, with an estimated population of 72.1 Born between 1981 and 1996, Millennials recently surpassed Baby Boomers as the biggest group, and they will continue to be a major part of the population for many years.

Millennials 52

Millennials Compliance Regulation Operations 52

PYMNTS

AUGUST 12, 2019

A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. In the second quarter of 2019 , the company reported a net loss from continuing operations of $38 million, compared to $92.3 Marketing expense was $88.9 Marketing expense was $88.9

Cards 100

Cards Online United States Chicago 100

PYMNTS

DECEMBER 27, 2019

Among the common themes to emerge: Change will come to the point of sale (POS), moved by the continued pivot to contactless ways to pay — and the demographic change that will bring the mighty millennial more buying power. The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

SEPTEMBER 17, 2019

Which is why it might be surprising to note that 2018 and 2019 have in many ways been strong growth years for the pawn industry in the U.S. Policymakers may have simply shifted operating firms from one industry to another, having no real effect on market conduct,” Ramirez writes. and around the world.

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

JANUARY 11, 2019

As of early 2019, some 28 percent of consumers own a voice-activated device, up from 14 percent last year, according to the PYMNTS/Visa figures. As of early 2019, Amazon and Google are the two main competitors for that crown, and they are not quite equally matched insofar as Amazon’s market share is greater. Google Goes Big.

Google 145

Google Samsung Apple Technology 145

PYMNTS

MAY 20, 2019

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

JANUARY 3, 2020

The move was widely considered the biggest shake-up in Singapore’s financial services market in two decades, during which time the landscape has been mostly controlled by the nation’s large traditional banks: DBS Group Holdings Ltd., Youth and millennials are underserved even in a crowded space like Singapore,” Meng said in a statement.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

SEPTEMBER 20, 2019

In the payments ecosystem, we need look no further than the bridge millennial to see how the connected purchasing experience will evolve over the next decade. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study. What the Trendsetters Say About How We Will Pay Next Decade.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1: Take the U.S.

Cards 160

Cards Payments Study Examples 160

Gonzobanker

MARCH 6, 2018

Big banks have been in the driver’s seat on growing their market share in retail, while paring down branch networks. Meanwhile, Wells plans to close 450 branches by 2019, BofA has closed 1,600 branches since 2009, and Chase closed 365 since 2015. Aligned and Future-Ready. Create visibility into cost, production and experience.

Strategy 89

Strategy Marketing Mobile Trends 89

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. The numbers tell a story of ongoing growth and more consumer acceptance. P2P Numbers.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

JUNE 24, 2019

According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 businesses operate on two-week pay periods. percent CAGR between 2018 and 2025. In the U.K.

Payments 162

Payments System Millennials Community Bank 162

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Markets initially responded accordingly, with shares pricing at $24 — the very top of the stock’s $22 to $24 expected range. million in the same 2019 period. million in Q3 2019. percent to close at $22.05.

US 230

US Company Report Payments 230

PYMNTS

NOVEMBER 4, 2019

In addition, Early Warning Services, the network operator behind Zelle, announced that $49 billion was sent through the Zelle network on 196 million transactions during Q3 2019. only, the service is slated to soon expand to other global markets. Fees for the new P2P debit card deposit service start at $1.99. Avenues of Growth.

Groups 101

Groups Payments Mobile Dallas 101

PYMNTS

JANUARY 17, 2020

And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. In 2019, in fact, news emerged that Amazon was seeking permission from the U.S. Government Efforts.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

SEPTEMBER 30, 2019

Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. China topped the list of where counterfeiters operate (43 percent of overall counterfeit activity), followed by Russia (30 percent) and Indonesia (13 percent). The growing scourge isn’t just limited to Instagram or luxury goods.

Online 101

Online Fraud Branding social media 101