PYMNTS

JUNE 22, 2020

“Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards. Consumers are reaching for their debit cards and avoiding expensive credit card interest and fees,” Molnar said. Fixing A Hole (Without Digging Another).

Millennials 151

Millennials Cards Examples Retail 151

PYMNTS

FEBRUARY 6, 2020

What brand doesn’t want to sit next to Beyonce or Kim at a fashion show? “I It’s also typically fairly fast moving, but for Klarna it gets us close to great brands. We want those great brands to adopt Klarna.”. The brand will host a pop-up store where attendees can shop straight from the presentations on-site.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

JANUARY 9, 2020

Issuers sent cards to consumers and providers sent point-of-sale (POS) devices and terminals to merchants. Attendees will learn that younger generations – Generation Zers and millennials among them, who wield significant (and growing) spending power – care more about payment flexibility (and options) than merchants might realize.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Through Joko’s mobile app, credit cards become loyalty cards, so there is no need to scan or say anything. French startup Joko announced that it has raised €1.6

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

NOVEMBER 19, 2020

The expansion will now cover retail brands including H&M , O.N.S. Klarna’s 2020 Holiday Retail Report found that most U.S. In addition, 30 percent of shoppers, including 39 percent of Generation Z and millennials surveyed, would find a BNPL installment pay option a boost this year, according to the report.

US 186

US Millennials Branding Retail 186

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Ten percent more Gen X consumers would shop in stores now than in June, and 5 percent more millennials would do the same than in June.”. And as compelling as the current eCommerce expansion is, counting out stores is a big miscalculation.

Retail 252

Retail Millennials Online Report 252

PYMNTS

DECEMBER 20, 2019

but after almost 50 years, it began to fade out in the 80s, disrupted by the emergence of store-branded credit cards. And if the credit options don’t appeal to consumers — and, in the case of younger consumers, even makes them actively hostile — that means they also aren’t working for the brands that offer them. “We

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

SEPTEMBER 24, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Mastercard Expands Digital Card Program To Include Instant Access, eWallet. Mastercard Expands Digital Card Program To Include Instant Access, eWallet.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

OCTOBER 29, 2020

And that newfound love of saving and spending more responsibility has been good for Upgrade, a neobank that offers qualified consumers access to loans and Visa card products that carry low-interest rates (currently about 6.6 The Upgrade card isn’t a revolving credit product like most of its competitors.

Cards 245

Cards Lending Millennials Payments 245

PYMNTS

MARCH 10, 2020

These and other tantalizing truths are found in the March 2020 Buy Now, Pay Later Tracker ®, a PYMNTS and Afterpay collaboration. As laid out in the latest Tracker, credit card usage has declined down under since BNPL went wide a few years ago, with 8 percent of all retail transactions in that country going through Afterpay in 2019.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S., do not accept cash.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 13, 2019

As Vladic told PYMNTS, the days of consumers visiting websites, calling 800 numbers and waiting on hold for seven minutes, entering an alt ID phone number so they can be rewarded for spending with a plastic card are over. He noted that card-linked and merchant-funded offers had been a staple of retail for more than a decade.

Millennials 118

Millennials social media Retail Cards 118

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. TransferWise is valued at $5B, as of July 2020. Valued at $594M, Addepar most recently raised a $117M Series E round in November 2020.

America 101

America Lending Cards San Francisco 101

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. 23-25, 2020. 23-25, 2020. consumers showed that of the 7.75

Apple 227

Apple Study Innovation Survey 227

BankBazaar

MARCH 18, 2020

Your credit report contains vital information about your Credit Card(s) and Loans. By going through it, you’ll know if you’ve been missing any Credit Card payments or loan EMI payments. Kicked off a brand new plan to save money in Jan 2020? Additional Reading : Best Credit Cards For Cashback.

Cards 78

Cards Millennials Report Branding 78

PYMNTS

MAY 28, 2019

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

SEPTEMBER 30, 2019

trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target.

Online 101

Online Fraud Branding social media 101

PYMNTS

DECEMBER 26, 2019

They join a long list of once massive brands that have fallen to the reformation around digital and omnichannel shopping habits — Sears, Toys R Us, Borders, Sports Authority, Radio Shack. . Watch in 2020 for us rolling out more ways to access our closet, more ways to access a subscription. The goal for next year?

Retail 135

Retail Branding Course Charlotte 135

Accenture

SEPTEMBER 22, 2019

By way of example, Monzo passed 2 million users in May 2019 and anticipates 3 million this year, while Revolut is targeting 10 million by 2020. Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Robinhood offers an easy-to-use app to trade stocks commission-free, making the company popular with millennials. households with pets will rise 4 percent in 2020, creating $4 billion in fresh demand for pet products. billion from $3.3

Marketing 198

Marketing Company Online Management 198

Banking 2020

OCTOBER 3, 2014

Cracking the Credit Union Millennial Conundrum with On Your Way’s Jared Cahill… – CU Broadcast. Smartphones Changing The Way Millennials Bank – Financial Brand. How Millennials Will Change the Way You Bank – TIME.com. Banks Failing to Meet Treasurer Demand for Mobile Access – CFO.com.

Millennials 47

Millennials Mobile Meeting Branding 47

PYMNTS

OCTOBER 20, 2016

According to Robert Flynn, managing director of Accenture Payments in North America: “Consumers are content to use cash and plastic for their everyday transactions, and while the use of cash is declining overall, it is the most commonly used form of payment – and consumers expect it to remain so in 2020. Three-quarters of U.S.

Apple 100

Apple Mobile America Payments 100

PYMNTS

NOVEMBER 22, 2019

For a customer using a revolving credit tool, such as a credit card, the best outcome is to pay their balance in full each month, which has the benefit of buying now and paying later, with none of the attendant harms like paying an interest fee. However, that usually isn’t the best outcome for the card issuer.

Millennials 158

Millennials Retail Tools Branding 158

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. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

Banking 2020

FEBRUARY 9, 2016

By 2020, this number will likely hit 6.1 Proactive banks have an opportunity to transform consumer behavior, win millennial customers and satisfy existing customers by taking advantage of the unique differentiation opportunity of mobile. Millennials have emerged as mobile trailblazers. alone will be using mobile banking.

Mobile 40

Mobile Industry Millennials Survey 40

PYMNTS

APRIL 19, 2018

While it’s not surprising that tech-savvy millennials may want to use kiosks, research shows customers of various age groups are seeking to use technology such as self-service kiosks in both QSR and fast-casual establishments. — $34.1 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

JANUARY 20, 2020

Millennials and Gen Yers are notoriously distrustful of credit. millennials have a credit card – which is to say a single credit card – and why one-third of all Americans today have never even applied for one. This helps explain why only about half of U.S. But they also want what they want, when they want it.

Millennials 132

Millennials Houston Philadelphia Chicago 132

PYMNTS

DECEMBER 2, 2020

So now we arrive in the middle of March of 2020, and that world [of trust] is turned on its head,” Carnecchia told PYMNTS’ Karen Webster in a recent interview. Here we are in 2020, and people are only [just now] getting on board with taking pictures of their checks [to deposit them],” he said. Doing Digital ID Right.

Fraud 256

Fraud Branding Millennials Cards 256

PYMNTS

AUGUST 27, 2018

Credit card debt made it over the $1 trillion mark in 2017, making it the third non-mortgage lending category to have surpassed the ten-digit mark in measuring consumer debt. According to the Financial Times , the good news is that delinquent credit card debt, overall, remains low. In fact, at 3.4 And finally for some good news.

Data 103

Data Cards Millennials Groups 103

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

FEBRUARY 6, 2020

One of the general topics at hand was what it might take to get more restaurants — including quick-service restaurants (QSRs) and fast-casual operations — to get in the game and update their technology, payment and guest engagement efforts for 2020. The stakes are too high to stay behind the pack for too long. Innovation Sparks.

Mobile 191

Mobile Operations Technology Payments 191

PYMNTS

JANUARY 21, 2020

The first part of 2020 has brought some significant activity in the world of travel — activity that could, in the coming months and years, further influence how consumers travel, and how they buy and pay for their trips. But millennials are hardly the only force for change in the broader travel industry. That’s not all.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

JANUARY 2, 2017

Getting on board with this new technology is key for banks and financial institutions as they look for ways to attract millennial consumers. This year, the Digital Banking Tracker looked at millennials’ financial habits and why younger users favor digital banking solutions over traditional banking models. billion by 2020.

Retail 123

Retail Millennials blockchain Mobile 123

Banking 2020

JANUARY 20, 2016

Cash and checks have taken a backseat to faster, more efficient payment methods like credit and debit cards. Millennials, in particular, are embracing mobile payments with open arms: 44% of Millennials would rather use their mobile phones than cash to pay for smaller ticket items.

Mobile 40

Mobile Millennials Bitcoin Security 40

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. Department Whose Brand Isn’t Improving Award. Diebold seizes the merger moment with fledgling Wincor Nixdorf to change its already well-known brand. Tie: Money 2020. Financial Brand Forum. Millennials.

Community Bank 60

Community Bank Apple Community Technology 60