PYMNTS

JANUARY 9, 2020

Amex Cleared To Operate In China. The central bank in China said it accepted an American Express application to start working in the country but did not say when Amex would begin operations. Battle For Millennials. Millennials and Gen Z want to travel, and they’re willing to spend more to do it. Airbnb: How To Win The $1.4T

CA 132

CA Operations California Payments 132

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

Bank Innovation

NOVEMBER 20, 2019

in the first quarter of 2020. billion in its most recent fundraising, received authorization from the Financial Conduct Authority to operate in the U.K. 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

Millennials 170

Millennials Operations Marketing Management 170

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

The jarring digital shift of 2020 was a disaster recovery scramble that just swept away these most human of behaviors. But expectations have changed dramatically, and shrewd physical store operators need to respond accordingly. The answer is “both,” but there the simplicity ends. Like going to the mall, or that favorite pub.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

DECEMBER 24, 2019

26, the eCommerce operator — via its Alexa Skills Kit Blog — announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. 4: An Increasing Number Of Devices.

Cards 160

Cards Payments Study Examples 160

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., billion in fiscal 2020, up from $5.2 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. Net transaction loss for 2020 is expected to be up to 55 basis points which the company called historically low levels.

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. There’s a younger generation in the U.S.

United States 102

United States Millennials Course Lending 102

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. Why Travel Firms Need To Cater To Millennial Payment Preferences.

Marketing 132

Marketing Millennials social media Case Study 132

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

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

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

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. percent and 42.8

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. According to the study, bridge millennials engage in 14.1 In other words, 45 percent of the activities that bridge millennials do on a day-to-day basis involve making a purchase.

Millennials 146

Millennials Data Study Survey 146

PYMNTS

OCTOBER 21, 2018

JPMorgan Chief Executive Jamie Dimon views technology as a way to keep back the competition from FinTech startups that are luring over millennial customers in droves. The campus will be located between Facebook and Google in the Stanford Research Park.

Fintech 194

Fintech Fraud Millennials California 194

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. FIS, TCH Partner To Connect Small Banks, CUs To RTP. PayPal’s Rainey: CFOs Must Focus On Customers (Not Just Cash Flow) Amid Great Digital Shift.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

NOVEMBER 30, 2020

DoorDash wrote in its S-1 that “58 percent of all adults and 70 percent of millennials say that they are more likely to have restaurant food delivered than they were two years ago, and we believe the COVID-19 pandemic has further accelerated these trends.”. The company said that helped it boost revenues to $1.9 population. …

US 181

US Marketing Trends Millennials 181

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. Email is the most common means (71.5

Millennials 130

Millennials Fraud Groups Payments 130

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

Perficient

JULY 31, 2020

Register now for our upcoming virtual panel on Revenue Resilience | August 11, 2020 at 2pm EST / 11am PST. Expand access to all clinical specialties virtually, deploying a clinical operating model that seamlessly provides both virtual and physical care as needed/demanded. Today, we turn our attention to: The FOURTH COMMITMENT.

System 332

System Metro Operations Millennials 332

PYMNTS

SEPTEMBER 29, 2020

Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts receivable departments nerve-wracking over the last six months. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. consumers will do.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

MAY 14, 2020

The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. out of 10 on “likelihood to recommend.”.

Online 164

Online Retail Millennials Analytics 164

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. Q3 operating profit hit $792 million, up from $254 million the previous year.

Puerto Rico 142

Puerto Rico Oklahoma Kentucky Indiana 142

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. The big [operators] have financial balance sheets that can support construction projects,” he told PYMNTS, “but the smaller ones will be challenged.”. The other part is the opportunity that the most recent liability shift gives operators of those businesses.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

FEBRUARY 9, 2020

He anticipates eight Habitas locations will be launched by the end of 2020, including a Namibian hotel opening this month. It has already started two subsidiaries for real estate and manufacturing operations. Bhutan and Saudi Arabia are other locations being scouted. . “We

Community 252

Community Groups US Operations 252

PYMNTS

DECEMBER 20, 2019

Similar to layaway, they offered customers another option to purchase items without having up-front cash — but instead of offering the option to pay now and buy later, the cards reversed the order of operation and allowed the customer to buy now and pay over time later. This is something we have seen in every demographic.” Building Out .

Millennials 137

Millennials Retail Tools Branding 137

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

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 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.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

DECEMBER 21, 2020

Just as many boomers have made the digital shift as millennials, and as many of those living in big cities and towns have made the shift as those living in less populated areas. 23-25, 2020. Source: PYMNTS.com survey of 7,585 consumers conducted in October 2020. 23-25, 2020. consumers showed that of the 7.75 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

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

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

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. As of early 2020, Razer has about 70 million registered users across its various software offerings. What is each player bringing to the race? Grab + Singtel .

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

JULY 13, 2020

As much as is being poured into retail healthcare, possibly more investment and innovation are concentrated on the prescription-drug market, a sector that’s forecast to hit nearly $360 billion in 2020. Taking unbundling online, direct-to-consumer (D2C) startups like TruePill are championing virtualized prescribing and fulfillment.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? Retailing 2020: Five Things To Watch. Fun, Cool and Otherwise Interesting.

Maine 130

Maine ATM Innovation Millennials 130