PYMNTS

SEPTEMBER 18, 2018

“Technology and demographic changes are transforming business travel. Generation Y (more commonly known as millennials) and Generation Z (those born between the mid-’90s and mid-2000s) have already made major inroads in the labor market. Adding to the challenge is millennials’ demand for bleisure-supported solutions.

Millennials 138

Millennials Management Technology Innovation 138

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

Chris Skinner

FEBRUARY 3, 2017

million banking jobs by 2025. Couple this with increasing regulation, historically low interest rates, and the fact that most (73%) millennials would prefer to get their banking services from a non-financial services company, and banks seem to be headed the way of Blockbuster.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

JANUARY 13, 2021

Pairing technology with the inherent human desire to socialize, our marketplace creates passion and personal connections among users.”. 31 were millennial or Gen Z consumers. According to thredUP’s annual report, the resale marketplace is currently worth roughly $28 billion and is projected to reach $64 billion by 2025.

social media 169

social media Trends Retail Millennials 169

PYMNTS

JULY 17, 2018

All those connected devices will, by 2025, represent an estimated $6.2 A world that becomes increasingly interconnected is a world with all kinds of moving parts, and that means an ever-shifting roster of technology, payments and commerce providers — many of which work according to different regulatory and industry standards.

Security 102

Security eBook Millennials Industry 102

PYMNTS

FEBRUARY 13, 2017

In late 2016, Kroger began testing sensor and analytics technology to let shelves and products interact with shoppers. consumers in the arms of online grocers by 2025 — purchases that the study suggests will value over $100 billion. The rates were considerably higher among millennial consumers ( go figure ). percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

AUGUST 22, 2018

As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We are redefining how fashion is bought and sold through technology, data and innovation.”. Later in the filing, the company stated, “We are a technology company at our core.”. Within that, how much is online?

Online 101

Online Retail Branding Data 101

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. A number of factors were, have been and will continue to be at play in achieving and sustaining that growth, he told PYMNTS. “A

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

APRIL 11, 2019

Globally, online alcohol sales will increase at an annual compound growth rate of 2 percent through 2025, according to another estimate , driven in part by a greater demand for “premium/super premium products” – which, when it comes to alcohol, are for many consumers easier to buy online than inside local stores.

Online 169

Online Retail Regulation Maine 169

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). Lenders who ignore this age group do so at their peril.”.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

JUNE 24, 2019

Earlier this month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payments technologies to the community banks. percent CAGR between 2018 and 2025. Adoption depends greatly on partnerships to make RTP more accessible. The gig economy’s functionality is tied to real-time payments.

Payments 162

Payments System Millennials Community Bank 162

PYMNTS

OCTOBER 1, 2018

Many retail brand organizations that have not previously adopted this technology are reacting to competitive pressures, and [are] therefore moving on this now,” Murphy said. Faced with a dwindling labor force, the country called for 100 billion retail products to be RFID-tagged by 2025, which supports automation.

Branding 155

Branding Retail Technology Data 155

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.

Cards 160

Cards Payments Study Examples 160

Gonzobanker

JULY 27, 2022

Three in 10 Gen Zers and Millennials now consider a digital bank or fintech to be their primary checking account provider, and I would bet that most of them have no clue where that provider’s headquarters is located (or care, for that matter). Where : The Shift From Branches to Search to Platforms. That banking world no longer exists.

Strategy 88

Strategy Customer Experience Fintech blockchain 88

PYMNTS

NOVEMBER 27, 2019

The following Deep Dive outlines automation’s benefits, its potential ROI for implementing organizations and how these solutions can recruit millennial workers. . Recent research indicates the millennial generational group, those between 22 and 37 years of age, will be reflected by one in three U.S. workforce by 2025.

Millennials 161

Millennials Payments Capital Technology 161

PYMNTS

OCTOBER 16, 2019

billion Internet of Things (IoT)-connected devices around the world by 2025. Consumers and businesses have increasingly employed the technology in a variety of use cases as it becomes more sophisticated, from smart cars to sensors that can be utilized for smart cities. There will be 41.6 Around The IoT World.

Millennials 191

Millennials Fraud social media Florida 191

PYMNTS

MAY 26, 2017

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. Analysis from Expert Market found that some small businesses in the U.K.

Report 140

Report Cards Millennials cryptocurrency 140

PYMNTS

JANUARY 22, 2018

In an ecosystem in which success is defined by scale and time to market, it’s no longer good enough to have a great product, a well-known brand or a compelling technology. 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

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. Cornell University defines digital literacy as “the ability to find, evaluate, utilize, share, and create content using information technologies and the Internet.”

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.

Retail 197

Retail Millennials Capital Operations 197

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101

Industry Technology Online Video 101

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. The old guard of American dining are switching up their games to compete: McDonald’s is adding self-serve kiosks to many of its franchises, upping the ante with mobile order technology. Dining out.

San Francisco 69

San Francisco California United States CA 69

CB Insights

JUNE 4, 2019

In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency. 3D printing technology could also help automate the manufacturing process.

Industry 78

Industry Branding Examples Innovation 78

CB Insights

SEPTEMBER 17, 2018

With millennials earning 20% less than previous generations and consumers across demographics displaying price-sensitivity following the 2008-2009 Recession, companies that can deliver drinks at a reduced price are winning. The company has another hook that differentiates it from competitors: technology.

Industry 67

Industry Branding Retail US 67

CB Insights

MARCH 2, 2018

Millennials account for one-third of India’s population. In 2014, Alibaba purchased UCWeb, a provider of mobile internet software technology and application services. The technology will help Chinese tourists navigate the language barrier and pay easily. . Today, more than 8,000 merchants accept Alipay. valuation. “We

Regional 68

Regional Retail Marketing Online 68