PYMNTS

MARCH 10, 2017

LendingHome, the San Francisco mortgage company, is aiming to expand its market for loans by going after first-time homebuyers. With more than $1 billion in loans being issued, the company decided it was time to branch into the wider consumer mortgage market. million home buyers who are forecasted to enter the market by 2025.

San Francisco 181

San Francisco Millennials Marketing Company 181

PYMNTS

JULY 18, 2018

trillion: The estimated worth of the global market for connected devices by 2025. 76 percent: Share of millennial consumers who report they are always looking to try new and different forms of banking, saving, payment and currency. 1 trillion: Value of loan balances held by credit unions as of March 2018.

Data 100

Data Millennials Fraud Community 100

Gonzobanker

APRIL 4, 2024

Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. of Millennials, 7.5% of the market, and JPMorgan Chase—the nation’s largest bank (in terms of assets)—counts 7.6% While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Is it ready for an IPO?

Comparison 104

Comparison Fintech America Survey 104

PYMNTS

SEPTEMBER 18, 2018

Gen Y and Z will represent 70 percent of the workplace by 2025, and we can no longer ignore the way they are reshaping today’s workplace and its codes,” stated Boris Bogaert, COO of corporate travel and expense management solutions provider Rydoo , in a recent interview with PYMNTS. “The T&E market is at a turning point.”

Millennials 138

Millennials Management Technology Innovation 138

PYMNTS

JANUARY 13, 2021

Poshmark, according to its S-1, enters the market a profitable firm, with growing revenue, an increasing consumer base and rising revenue. 31 were millennial or Gen Z consumers. According to a thredUP report released in late 2020, the resale market grew 25 times faster in 2020 than the overall retail market did in 2019.

social media 169

social media Trends Retail Millennials 169

PYMNTS

SEPTEMBER 19, 2016

will “all but end” by 2025. Think the ridesharing market is getting full? But for many people  — especially millennials  —  this doesn’t ring true.” Who can predict the future? Ridesharing company Lyft says it can. Lyft looked into its crystal ball and reported that private car ownership in the U.S. You might be right.

Millennials 100

Millennials Operations Company Marketing 100

PYMNTS

JUNE 27, 2019

For instance, New Orleans is the site of one of the most significant and ongoing backlashes against the sharing economy, a global trend that probably won’t kill off Airbnb and other major players, but could create more hassles and pressures for some companies struggling to make it in this big, crowded market.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

AUGUST 22, 2018

The company noted that its own industry, market and competitive positioning data comes from Bain & Company and a number of other third-party data sources. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain.

Online 101

Online Retail Branding Data 101

South State Correspondent

AUGUST 16, 2023

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. 1,000+ payments now are 15% of the market which is also a new development.

Trends 195

Trends Cards Capital Data 195

PYMNTS

JANUARY 29, 2018

Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Traditional brick-and-mortar grocery stores are seeking to adapt to this new market through ominchannel marketing.

Retail 126

Retail social media Examples Marketing 126

PYMNTS

MAY 20, 2019

The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. Millennials prefer to use cards for smaller transactions, namely those under $5. percent growth forecast for the global kiosk market from 2019 to 2027. The Kiosk Evolution. That preference is evidenced in the 6.1

San Francisco 170

San Francisco Retail Philadelphia Cards 170

Abrigo

FEBRUARY 3, 2017

By Eric Baxley, Chief Marketing Officer, Sageworks Since my last post , I’ve continued to meet with our banks and credit union clients across the country, and some common themes surfaced in the conversations. Understand and meet the desires of millennial borrowers, who will constitute 75 percent of the workforce by 2025.

Lending 150

Lending Community Bank Meeting Community 150

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. PayPal now offers consumers a range of promotional financing deals, including zero-interest installment loans to cover the price of their purchase. Trackers and Reports.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

FEBRUARY 13, 2017

The reality of this is especially apparent in the recent numbers from a combined Food Marketing Institute (FMI) and Nielsen study that puts as many as 70 percent of U.S. consumers in the arms of online grocers by 2025 — purchases that the study suggests will value over $100 billion. Online grocery sales in 2016 represent about 4.3

New York City 123

New York City Millennials New York Online 123

Gonzobanker

JULY 27, 2022

Strategies focused on physical attraction (marketing) and distribution – where branches serve as customer attractors and points of service and delivery – are increasingly “invalid,” requiring banks to “upgrade to the latest version of the protocol,” i.e., digital marketing and distribution. Where does it sell/deliver?

Strategy 88

Strategy Customer Experience Fintech blockchain 88

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 percent CAGR between 2018 and 2025. The gig economy’s functionality is tied to real-time payments.

Payments 162

Payments System Millennials Community Bank 162

Abrigo

MAY 24, 2016

Experts surveyed by Pew Research predict that by 2025, the Internet will become ‘like electricity’ — less visible, yet more deeply embedded in people’s lives. file sharing) and externally (marketing and websites). These statistics are important for you.

Technology 150

Technology social media Software Leadership 150

PYMNTS

FEBRUARY 9, 2017

The first edition of the PYMNTS Gig Economy Index™ found that millennials typically change jobs four times within the first 10 years of graduation, compared to just two job changes in their parents’ generation. Temporary, contract, gig employment and job-hopping are fast becoming the new norm in the U.S.

Regional 100

Regional Comparison New York Millennials 100

Insights on Business

FEBRUARY 27, 2019

To ensure success in 2025, however, the focus should be on customers who use newer models in digital channels: Generation Y, Z, and Alpha, too—the children of millennials. Use case: Focus on the millennial market with mobile. Explore IBM Banking and Financial Markets Solutions. How does one compete in that market?

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

APRIL 11, 2019

A recent report from UBS , in fact, estimated that the global online food ordering market will increase 20 percent annually until 2030, reaching $365 billion. Delivery and Booze Trends. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

OCTOBER 1, 2018

They simply don’t have the visibility [into] the last mile of distribution, or the last market region of distribution of their product items.”. Rather than print new packaging for each local market, it could simply have consumers scan a code and be directed to market-specific, cloud-based information, Murphy said.

Branding 155

Branding Retail Technology Data 155

PYMNTS

MARCH 7, 2017

Since seemingly most people aren’t in a position to build a house from the ground up, which would be ideal, it’s reasonable to suggest that the home improvement market is a huge money-making industry. While home repair spending was at $220 billion in 2015, the research expects that figure to grow to approximately $270 billion by 2025.

Millennials 109

Millennials Study Groups Maine 109

PYMNTS

DECEMBER 24, 2019

In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet — up from 9 billion today. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices. Though the U.S.

Cards 160

Cards Payments Study Examples 160

PYMNTS

MARCH 22, 2019

Buying meat was one market, seafood another, produce yet another — and bread or dessert required a trip to the baker. The company’s digital ad market share is expected to go up 2 percent this year, from 6.8 Shopping in the early 20th century was not a terribly efficient experience for the consumer. percent, according to EMarketer.

Video 108

Video Branding Fort Worth Google 108

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Both Nielsen and The Food Marketing Institute estimate that online grocery sales will hit 20 percent of all grocery sales by 2025. Distribution.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

MAY 26, 2017

Analysis from Expert Market found that some small businesses in the U.K. Nearly half of all payments in 2015 were made using a credit or debit card, according to Expert Market, which equates to more than $121,000 in profits for a single small business.

Report 140

Report Cards Millennials cryptocurrency 140

Filene

MAY 19, 2016

Especially in appealing to millennials, (or let’s face it, everyone on the go today) successful commerce requires transparency and immediacy. What got us all to this point isn’t necessarily going to be what will get us to where we will need to be by 2025. ” How is your credit union’s digital literacy?

social media 34

social media Case Study Innovation Mobile 34

PYMNTS

DECEMBER 14, 2018

A growing group of consumers — particularly millennials and other young shoppers — are embracing connected grocery offerings. Online and mobile food sales are projected to have a 13 percent annual growth rate in 2018, with digital supermarket sales projected to reach $100 billion by 2025. Instacart Growth. Amazon Advantage.

Retail 197

Retail Millennials Capital Operations 197

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” The sophisticated food hall: North 3rd Street Market (Brooklyn). Dining out. the Future of food report.

San Francisco 69

San Francisco California United States CA 69

CB Insights

SEPTEMBER 17, 2018

Market Cap ($B). Kroger’s 300 CPG clients are able to access the platform and participate in the company’s marketing campaigns. German grocer Lidl stocks 90% of its shelf space with its own products, which helped propel the chain to enter the US market in 2017. Smucker ($7.3B) and Campbell Soup ($8.13B). Sales (TTM) ($B).

Industry 67

Industry Branding Retail US 67

CB Insights

JUNE 4, 2019

Over 65% of consumers are willing to pay more for sustainable products, with 42% of millennials and 37% of Gen Z saying they want to know what goes into products and how they’re made before buying them. Moreover, a 2018 survey found that sustainability is likely to be a crucial buying factor for mass market apparel consumers by 2025.

Industry 78

Industry Branding Examples Innovation 78

CB Insights

JUNE 17, 2020

Telehealth technology is estimated to be a $43B market, according to CB Insights’ Industry Analyst Consensus. In March, the FDA eased restrictions related to marketing claims, allowing developers of remote patient monitoring devices to pitch their devices to hospitals. market by 2025 prior to the onset of Covid-19.

Industry 101

Industry Technology Online Video 101

CB Insights

MARCH 2, 2018

in market cap. Alibaba is expanding its logistics network around the world and piecing together subsidiaries to connect the world’s e-commerce markets. Both companies can afford to spend aggressively on expansion as their stocks have soared — market caps sit at $720B for Amazon and $483B for Alibaba.

Regional 68

Regional Retail Marketing Online 68