PYMNTS

DECEMBER 31, 2020

Take a look (and have a listen) at our 10 favorite podcasts from 2020. When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted.

Innovation 289

Innovation Payments Trends Regulation 289

NCR

MARCH 22, 2017

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. Millennials are starting more businesses than previous generations, and they’re starting them at a younger age than their predecessors. By 2020, it could be as many as 50 billion.

Millennials 49

Millennials Innovation Digital Banking Security 49

PYMNTS

OCTOBER 16, 2020

Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. In VC Investments So Far In 2020.

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

JANUARY 9, 2020

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

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. Retailing 2020: Five Things To Watch.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

SEPTEMBER 8, 2020

And across the board with every innovation, we see the same follow-up question: How can we do it faster next time? Data: 21K: Number of new positions added within the financial services industry in July of 2020. 52.2%: Portion of Americans who have received at least one disbursement in the last 12 months.

Meeting 147

Meeting System Millennials Innovation 147

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

Banking 2020

APRIL 24, 2015

Measuring innovation to improve it: By focusing on inputs, outputs and processes, financial institutions are able to make sure their innovation initiatives are paying off. Millennials: Are they really that different?:

Millennials 40

Millennials Innovation Security Mobile 40

Bank Innovation

NOVEMBER 20, 2019

in the first quarter of 2020. millennials by […]. Robinhood Markets Inc. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K. The startup, valued at $7.6 billion in its most recent fundraising, received authorization from the Financial Conduct Authority to operate in the U.K.

Millennials 170

Millennials Operations Marketing Management 170

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. A lot can happen in a year, especially in the gas station and convenience store space — where, as PYMNTS research has demonstrated , younger consumers, such as millennials, are starting to drive innovation and disruption.

Innovation 167

Innovation Customer Experience Retail Operations 167

Banking 2020

FEBRUARY 20, 2015

Millennials likely to embrace nontraditional services: According to a recent survey conducted for FICO, millennials (aged 18-34) are more likely to use nontraditional services like Apple Pay or Google Wallet, proving that banking alternatives have the potential to grow rapidly if properly designed and executed.

Millennials 40

Millennials Innovation Mobile Samsung 40

Perficient

JANUARY 12, 2021

Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions. In 2019, Gartner projected that over 100 million customers would be shopping with AR in 2020. So, is this the year of AR breakthrough?

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

JANUARY 14, 2020

That’s just a taste of the January 2020 Travel and Hospitality Commerce Connected Playbook , a PYMNTS and First Data (now Fiserv ) collaboration, which delves into how generational and cultural preferences are reshaping travel experiences and how we pay for them. Millennials will spend an estimated $1.4 Payment as Differentiator.

Meeting 141

Meeting Millennials Branding Mobile 141

PYMNTS

JANUARY 2, 2020

Looking at modern consumers, particularly millennials, the push is toward increased digital intermediation in their financial relationships. CO-OP, she said, is currently beta testing Zelle functionality with a handful of members, and is looking to push general availability for credit unions by the end of 2020. Building What’s Next .

Innovation 142

Innovation Digital Strategies Strategy Trends 142

PYMNTS

DECEMBER 11, 2019

This competition can grow especially fierce as the demographics of online shopping continue to shift: Generation Z is influencing the eCommerce world quickly, and will represent approximately 40 percent of such shoppers by 2020. Some marketplaces are finding innovation in this space easier than others.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

OCTOBER 22, 2020

We are excited to share these tools and capabilities with the speech tech community and beyond and believe VoiceHub will serve as a catalyst for rapidly accelerated innovation of new voice-enabled experiences.”. 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

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Stepping into this hot mess have been innovative card products, digital checks and cloud tools that enable more companies to bring indie contractors into the fold. workforce in 2020. workforce in 2020. Banking on Instant.

Millennials 130

Millennials New York City National New York 130

PYMNTS

NOVEMBER 19, 2020

With all of the problems and challenges 2020 has thrown at us, the last thing anyone needs is a nagging perceptual rift between payees and payers about what “instant” means. Millennials come in second at 15.6 percent of millennials received an instant income and earnings-related payment, and 11.8 Yet, there it is.

Payments 237

Payments Millennials Groups Survey 237

BankInovation

NOVEMBER 1, 2021

Eighty-five percent of Americans and 95% of millennials say they are interested in sustainable investment, according to Arnaud Auger, vice president of BNP Paribas and the deputy head of the innovation lab of BNP Paribas in San Francisco. The majority of Americans want to invest in environmental sustainability.

San Francisco 98

San Francisco Millennials Innovation Retail 98

PYMNTS

OCTOBER 20, 2020

Business roadmaps predating 2020 aren’t much use these days, however, as COVID has altered the terrain. Very recently, the fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa (more from that in a minute) gave new context to the shifters. At least in 2020, we know where people are shopping.

Maine 221

Maine Retail Branding Study 221

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Buy Now, Pay Later. Digital Wallets.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. 23-25, 2020. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 14, 2021

That is critical as Walmart looks to hold its lead as American’s leading seller of groceries — particularly among millennial and bridge millennial consumers — in a field that is becoming more crowded with digital innovation on all sides. Tesco’s Big End To 2020. Tesco, the biggest grocery retailer in the U.K.,

Meeting 165

Meeting Arkansas Retail Millennials 165

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

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. and European surge will make it very difficult to break even in 2020. Trackers and Reports.

Online 148

Online Payments Millennials Apple 148

PYMNTS

FEBRUARY 25, 2020

For the purposes of the February 2020 Building A Better App report, PYMNTS asked survey respondents to build the perfect card — spend controls, instant credit, a multiplicity of card controls — just name it. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

JUNE 4, 2019

Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. By 2020, nearly all (98 percent) new cars will offer internet and cellular and wireless connectivity. Mobile Ordering Appeals to Millennials. Meeting consumer demand is vital. This is the audience for mobile ordering.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Know Your Customer’s Preferences.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. Meanwhile, innovators have taken aim at solving the affordability and payments problems that ail providers’ balance sheets. Everyone From Pharma To FinTechs Is Also Involved.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

FEBRUARY 6, 2020

Donahoe’s interview came as Nike announced its plans for outfitting athletes at the Tokyo 2020 Olympics in gear made out of recycled polyester and ground-up shoe parts. For Tokyo 2020 (which will be in July and August), Nike is introducing a new design movement – termed Space Hippy – which is based on a zero-carbon approach.

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

JANUARY 1, 2021

For the purposes of this exercise, we’re going to describe the “typical” grocery shopper – a bridge millennial, a 36-year-old mom of 1.93 With that knowledge in the toolkit, we’re starting the year by taking readers where everyone in the payments and commerce world would like to go: inside the mind of what is now the digital-first consumer.

Study 362

Study Survey Exercises Cards 362

PYMNTS

SEPTEMBER 29, 2020

In the B2B Payments Innovation Readiness Report, PYMNTS, in collaboration with American Express, analyzed survey responses from 460 businesses across five sectors to examine the impact of automating AR functions on days sales outstanding and cash flow. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season.

Payments 148

Payments Apple Survey Seattle 148

Accenture

NOVEMBER 28, 2017

It’s no surprise, then, that the majority of global banks are planning to invest heavily in open banking initiatives by 2020, as revealed in a recent Accenture study. Explore the results. But are consumers ready to embrace the era of open banking?

Study 150

Study Millennials Examples Data 150

PYMNTS

FEBRUARY 18, 2020

Our strategy to drive continued cereal growth is centered on launching compelling innovation that offers taste, convenience and health benefits, while investing in brand-building,” CEO Jeff Harmening said at the Consumer Analyst Group of New York (CAGNY) investor conference on Tuesday (Feb. The new cereal is more nut-based and probiotic.

Trends 160

Trends Branding Strategy New York 160

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. By the year 2020, Gen Z will make up 40 percent of the entire United States population, according to retail consulting firm HRC Retail Advisory. Get ready, retailers. 1 in priorities.

social media 120

social media Millennials Retail Study 120

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. billion) and mortgages find most credits unions on solid footing as 2020 begins. The Shore Porters Society. Fenwick Weavers’ Society. A Small Change It’s Not.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

SEPTEMBER 3, 2019

In 1970, there were approximately 160 different types of cereal on the market, by the turn of the century there were over 400 and as of 2020, the number is approaching 5,000. And yet others have laid cereal at the feet of millennials bent on destroying every American institution – up to and including Captain Crunch.

Millennials 130

Millennials New York Maine America 130