Bank Innovation

JANUARY 20, 2017

11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners. Attractive alt-banking contestants included Apple and Facebook, but it was Google, and of course, Amazon, Read More. Amazon wins, once again, at a game it didn’t even know it was playing.

Millennials 150

Millennials Google Apple Survey 150

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Retailers must accommodate financial flexibility, which is leading many to explore alternative solutions — such as Buy Now, Pay Later (BNPL) solutions. Around The Buy Now, Pay Later Worl d.

Millennials 219

Millennials Payments Retail Apple 219

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Take Target, for instance. Gen Z Trends. That’s not all.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 6, 2020

And this week, Apple is trying to get part of that business. Announced during WWDC in June, Apple One combines the company’s many subscription services such as Music, News and Apple TV into a $14.95 percent with bridge millennials, millennials and Gen Z rounding out the rest at between 13 and 19 percent.

Apple 158

Apple Millennials Groups Study 158

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Apple’s New Numbers Grove. Tuesday (Oct. 23 and Sept.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

MARCH 30, 2020

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

PYMNTS

AUGUST 26, 2016

Asda Is Thinking About Apple Pay… Maybe. Asda, is testing Apple Pay. has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. Asda is being noncommittal about future plans and is not saying whether there may be a wider rollout of Apple Pay to its 626 U.K.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

Payments Source

APRIL 11, 2016

For many banks, the increasing popularity of mobile payment platforms such as Venmo and Apple Pay, among millennials in particular, should be cause for concern.

Millennials 60

Millennials Apple Mobile Payments 60

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement.

Millennials 200

Millennials Retail United States National 200

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

OCTOBER 1, 2020

Luxury retailers are seeking ways to entice younger consumers to purchase expensive items in a retail world saturated with inexpensive alternatives. Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. Apple Pay, Walmart Pay Go Unused Amid COVID-19 Frenzy.

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

DECEMBER 31, 2020

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. Keeping pace with consumers’ shopping habits has always been necessary for retailers, but adapting quickly has been even more critical during the pandemic. “I

Millennials 167

Millennials Retail Online Guidelines 167

PYMNTS

SEPTEMBER 4, 2019

Also, Apple has gained three separate patents related to the Apple Watch. Apple Patents Biometric Watch Band. Apple has gained three separate patents related to the Apple Watch, which would allow for biometric identification, lighted indicators and automatic tightening of the band.

Apple 100

Apple Payments Millennials Security 100

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. It’s finally here: with the iOS 11.2

Apple 111

Apple social media Google Video 111

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

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. Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap . Walmart Reboots Retail With Its Rethink on Robotics . Apple’s Services Shift Lacks Key Details.

Online 148

Online Payments Millennials Apple 148

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. And it will have a considerably smaller footprint than other IKEA locations — while IKEA’s mainline stores can cover 300,000 square feet, its upcoming Big Apple digs are said to be only 17,530 square feet. In the announcement, IKEA Retail U.S.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

APRIL 23, 2019

This might be a ploy to retain T-Mobile customers, but it’s also intended to appeal to consumers without any real affinity for a more traditional financial services provider, including the highly coveted millennial, as well as the unbanked and underbanked. One in five consumers agreed with online retailers serving as FIs, while 27.5

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. There are so many levers to engage consumers” in rewards, said Wind, and whether it is tied specifically to a card or merchant, additional leverage can come through email marketing campaigns or percentage-off programs at retailers. credit cards, 1.3

Retail 137

Retail UX Cards Branding 137

PYMNTS

OCTOBER 20, 2016

Although millennials and mass affluents are obvious early adopters, the survey found that all consumers are open to digital payments. NFC World reported that 12 percent of those polled prefer PayPal while retail-branded apps are second at 9 percent and Apple Pay is at 4 percent.

Apple 100

Apple Mobile America Payments 100

PYMNTS

JANUARY 14, 2021

Walmart noted the introduction of smart boxes opens up the possibility of deliveries any day, any time, and although the retailer is not looking up to follow up on that with 24/7 service, Ward did say it has “a nice ring to it.”. Tesco, the biggest grocery retailer in the U.K., Tesco’s Big End To 2020. percent year-over-year.

Meeting 165

Meeting Arkansas Millennials Retail 165

PYMNTS

DECEMBER 30, 2020

Another 33 believe D2C retailers have better deals on their websites, while 33 percent say it’s easier to see all of a brand’s offerings on one site: Even better, from the brands’ point of view, is that the consumers most interested in D2C are typically younger, better educated and wealthier than those with less interest in the concept.

Branding 257

Branding Millennials Retail social media 257

PYMNTS

JULY 31, 2019

s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. Co-op customers in 30 food stores in England, Scotland and Wales will be able to scan products on their own device as they shop next month (August), with payment deducted from their Apple Pay or Google Pay accounts.

Retail 139

Retail Millennials Mobile Operations 139

PYMNTS

DECEMBER 26, 2019

Also, Apple shares are predicted to continue to soar with the introduction of their 5G iPhones. Analyst: Apple Will See 25 Pct Jump in Stock Price Due to 5G. That’s a problem for retailers trying to navigate tax compliance while selling items like diapers that are taxed very differently across state lines.

Taxes 131

Taxes Payments Apple Compliance 131

PYMNTS

JUNE 9, 2017

The first mobile app being released is Unboxed, which is available on the Apple App Store, and curates a wide array of unboxing and product review videos that creators have uploaded to YouTube and then puts them together in a way that simulates the QVC-style of live video programming.

Mobile 100

Mobile Millennials Video Apple 100

PYMNTS

SEPTEMBER 29, 2020

Apple And Epic’s Battle May Head To Trial in 2021. The ongoing war between Apple and Epic Games over the future of Fortnite on iOS seems to be heading for a trial showdown that could have drastic effects on what the future of the digital economy will be, and what entities will play the role of gatekeeper. consumers will do.

Payments 148

Payments Apple Survey Seattle 148

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

NOVEMBER 12, 2018

In the connected age, consumers have more ways to interact with retailers than ever before. The executive also said the retailer saw an “1,000 percent increase” in purchases of pizza slices made through the SmartPay service since January 1. One of the retailers to tap into this technology? stars and 30 customer reviews.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

DECEMBER 4, 2017

And this is not Jim Beam’s first time at bat: In September 2016, it borrowed some thunder from the new Apple Watch with its own Jim Beam Apple Watch , created to promote its Jim Beam Apple line of apple-flavored whiskey. Adding a celebrity to the family is always a good way to catch the millennial demographic’s eye.

Kentucky 108

Kentucky Apple Millennials social media 108

PYMNTS

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . The app also gives users the ability to pay at any brick-and-mortar store that accepts Apple Pay or Google Pay. .

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

MAY 22, 2019

Once upon a time, it was predicted that the rise of smartphones would spell the end of traditional retail, but that hasn’t really happened. And roughly one-third use their devices to “showroom” — one of retailers’ biggest fears a few years ago — to compare prices at competitors. How are consumers using mobile devices in-store?

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

SEPTEMBER 24, 2019

The firm’s digital payments and collection service enables merchants to offer unstructured supplementary service data (USSD) and QR code-based mobile retail payment acceptance and immediately receive the revenue. Southwest Airlines recently signed an agreement with two payment companies to enable it to accept Apple Pay.

Mobile 246

Mobile Payments Apple Millennials 246