PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Oyster Insurance, an insurance technology company, recently expanded operations into California, where it aims to support small businesses and startups with workers’ compensation services.

Millennials 134

Millennials Analysis Trends System 134

PYMNTS

JANUARY 28, 2021

PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period. It will likely alter global markets and regulations as the financial ecosystem becomes more digitized.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Oyster Insurance, an insurance technology company, recently expanded operations into California, where it aims to support small businesses and startups with workers’ compensation services.

Millennials 135

Millennials Analysis Trends System 135

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? The jarring digital shift of 2020 was a disaster recovery scramble that just swept away these most human of behaviors. The answer is “both,” but there the simplicity ends.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Why Travel Firms Need To Cater To Millennial Payment Preferences.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

AUGUST 19, 2019

In a new PYMNTS interview, Sri Narasimhan, head of strategy, partnerships and business development at LISNR , dug into the findings of new research from his company and PYMNTS on the state of mobile commerce as retailers strive to fully incorporate the evolving technology into their operations and value propositions. Generational Shift. “A

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

JUNE 23, 2020

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The sole sector doing well thus far in 2020 is healthcare, which has seen strong shares from telemedicine company Teladoc. The number of small U.S. The number is the highest since 2010’s 44 percent, the index says.

US 175

US Data Comparison Millennials 175

PYMNTS

OCTOBER 23, 2020

General Electric operates in over 100 nations in segments that encompass energy production, aviation and healthcare. PYMNTS explores why the firm has embarked on a system digital revamp of its international payments operations and the key role this has in keeping supply chains operating smoothly and safely in difficult times.

Apple 149

Apple Maine Millennials Bitcoin 149

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

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. If we view our 2020 forecast on a two-year basis, it will still be down roughly 21%.”.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

DECEMBER 4, 2020

The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least whatever passes for normal) as the year is heading into its final few weeks. Online sales were up 108 percent during the quarter. 80, up from $.32.

Puerto Rico 142

Puerto Rico Oklahoma Indiana Kentucky 142

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. Stripe Heads Up $12M Funding Round For PayMongo.

Payments 148

Payments Apple Survey Seattle 148

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. Flexibility and Choice. Email is the most common means (71.5

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

MAY 5, 2020

And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. According to March 2020 data from Narvar and Forrester , 42 percent of retailers have already paused their pickup in-store and return in-store services. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

FEBRUARY 9, 2020

Aside from Kalanick , other investors included online supermarket Ocado’s chief executive Tim Steiner; Tinder co-founder Justin Mateen; and Indian ad-tech billionaire Div Turakhia. . He anticipates eight Habitas locations will be launched by the end of 2020, including a Namibian hotel opening this month.

Community 252

Community Groups US Operations 252

PYMNTS

JULY 13, 2020

Frost & Sullivan estimates (as per modernhealthcare.com ) that online medical appointments will reach 200 million this year, up from earlier estimates of 36 million. Taking unbundling online, direct-to-consumer (D2C) startups like TruePill are championing virtualized prescribing and fulfillment.

Retail 219

Retail Innovation Online Seattle 219

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. The latest QSR earnings report comes amid massive technological changes in that world as restaurant operators seek to improve all facets of their operations via mobile and digital technology.

Mobile 101

Mobile Operations Trends Millennials 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. Take PayPal, for example. percent of all retail sales.

Apple 227

Apple Study Innovation Survey 227

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. Why are they doing so well? The barriers ahead.

Innovation 150

Innovation Metro Apple Marketing 150

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

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. In addition to operating some 1,500 U.S. million during 2020’s first 10 months, down 73.4 billion from $3.3 Roblox ($4 Billion) .

Marketing 198

Marketing Company Online Management 198

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

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. million buyers who operate in industries such as website development, logo design and blog writing. By 2021, close to 90 million – or 86.5 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

MAY 29, 2020

Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 ………………………………… One area (of many) where Amazon looks to grow quickly is in the online sale of apparel. on the first of May. .

Online 100

Online Retail National Marketing 100

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. Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. How Grocery Retail Will Evolve In 2020 . What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

JANUARY 3, 2020

And after six months of waiting to see which firms exactly would be competing to snatch up those licenses, the answers started rolling out with the first week of 2020. Insignia Ventures Partners; and Carro, an online car marketplace. As of early 2020, Razer has about 70 million registered users across its various software offerings.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

DECEMBER 19, 2018

percent — of shoppers visit a grocery retailer because they can well-coordinate online and in-store shopping. In fact, chatbots, or virtual customer assistants (VCAs), may be used in one-quarter of customer service and support operations by 2020, per some estimates.

Retail 108

Retail Colorado Online Mobile 108

PYMNTS

JANUARY 25, 2021

It is the juxtaposition of social networking and entertainment and sports all combined,” said Glen Calvert , chief operating officer of Fnatic , a London-based eSports outfit that hires professional gamers, runs tournaments and sells branded gaming apparel and gear. It's not just a video game. By comparison, Netflix's 75 million U.S.

Video 197

Video Branding Comparison Industry 197

PYMNTS

AUGUST 14, 2019

This DC operates on the Google cloud platform,” he noted, giving the company improved efficiency, speed and scale to support its off-priced business. Gennette also noted that mobile helps the company “create a better omnichannel experience” for customers by letting them shop more easily and frequently in stores and online.

Columbus 100

Columbus DC Branding Google 100

FICO

JUNE 14, 2021

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. BNPL: Even the smallest purchases can now be broken into bite-size chunks. .

Fraud 52

Fraud Cards Millennials Utah 52

PYMNTS

NOVEMBER 30, 2020

While digital has been on the rise in seasonal shopping for the last several years, it entered the 2020 season on unusually strong footing. Millennials still make up the largest share of shoppers who begin and complete their shopping journeys via mobile phones, but baby boomers make up 28.3 Before March 2020 66.2 percent to 25.7

How To 232

How To Google Online Cards 232

PYMNTS

JUNE 11, 2019

From automakers to retailers and online platforms, companies around the world are tapping into connected commerce technology in automobiles and mobile devices. The portion of millennial parents who would rather not eat at all than wait in long QSR lines is 48 percent.

Google 110

Google Mobile Technology Retail 110

PYMNTS

JULY 30, 2019

Millennials and members of Generation Z are particularly comfortable with voice-activated devices , with 25 percent of consumers aged 16 to 24 using smartphone-based voice assistants such as Siri or Cortana. Half of all searches are expected to be voice-activated by 2020. Voice Assistants Spread Their (Buffalo) Wings.

Technology 119

Technology Mobile Google Software 119

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101