PYMNTS

DECEMBER 13, 2019

What this demographic wants out of peer-to-peer (P2P) marketplaces is changing, however, as more millennials become fully active members of the working world. Millennials are still spending money on trips and vacations, but how and where they do so is shifting. Millennials And Their Changing Travel And Payment Opinions.

Millennials 141

Millennials Payments Groups Mobile 141

PYMNTS

JANUARY 14, 2020

This fact was recently illuminated by a Booking.com finding that 20 percent of customers will bail on a booking they’ve begun if denied usage of their preferred alt-pay method. Millennials will spend an estimated $1.4 Here’s the thing about millennials: They hate outdated and outmoded loyalty programs, and will drop a brand over it.

Meeting 141

Meeting Millennials Branding Mobile 141

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. Their life is an open book on social media, and even the tiniest of details are never too much to provide. Millennials expect technology to intelligently know who they are, with any investigative work done on the back end.

Millennials 100

Millennials Data social media Technology 100

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Merchants Need To Rethink Booking.

Industry 168

Industry New York City Online Security 168

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. Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters. Booking Holdings cautioned investors on Thursday (Nov. 5) that the pandemic ’s current U.S.

Online 148

Online Payments Millennials Apple 148

PYMNTS

SEPTEMBER 18, 2018

A new generation of professionals have changed the way they travel for work and, as a result, how those employees want to book and pay for that travel. “Technology and demographic changes are transforming business travel. The Pew Research Center found millennials are already the largest generation group in the U.S.

Millennials 138

Millennials Management Technology Innovation 138

PYMNTS

NOVEMBER 27, 2018

Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05. Retailers’ investments in technology continued to pay off, with consumers shopping on all platforms throughout the weekend. Top purchases over the weekend included apparel, toys, books, video games, electronics and gift cards.

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

DECEMBER 11, 2019

Technology and social media company Facebook is also growing more involved in the sharing economy. Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

DECEMBER 10, 2018

In an effort to make travel planning easier for those looking to see the world, startups such as Noken are creating mobile personalized itineraries out of hotel, activity and ground transportation bookings. The booking process starts when consumers visit the Noken website and select a destination. The Digital Nomad Market.

Regional 144

Regional Millennials Training Course 144

PYMNTS

JANUARY 21, 2020

As PYMNTS had previous covered, way back in 2017, cloud-based travel and expense report management solution Certify bought nuTravel in a deal designed to enable Certify to launch a new solution using nuTravel technology. But millennials are hardly the only force for change in the broader travel industry. That’s not all.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. SMBs’ Technology Challenge. “They have a hard time using online banking. .

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

JUNE 5, 2018

Prettier pictures lead to more sales for airlines — that’s the philosophy behind a growing bookings system that offers what Reuters called on Tuesday (June 5) a “more engaging visual approach to marketing” of tickets. carriers, and, of that, almost 100 percent is from baggage charges and booking changes.”.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

OCTOBER 31, 2018

And then there were the little Walt Disney Read-Along Books and Records, first released in 1965. Each book ran a tight 24 pages and came with a 7-inch record that read the story to its young owner. But though the Disney Read-Along Books and Records burned bright in consumer affections, they burned short.

Google 116

Google Millennials Examples Marketing 116

PYMNTS

APRIL 24, 2019

According to Hugo Monteiro, co-founder and technology advisor for homesharing platform Spotahome , home rental services need to offer more security features to assuage the growing concerns expressed by consumers. Yet, as consumers start to expect faster service with more security, payments can be a major undertaking for booking sites.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

APRIL 11, 2016

Technology is booming for business. But that doesn’t mean every business is keeping up with the tech times or with every kind of technology. Dig through the data below to discover who’s getting a grip on technology and where businesses are falling flat. . Overall, corporate travel spend is seeing slowed growth through 2017.

Millennials 100

Millennials Software social media Cards 100

Jeff For Banks

JULY 5, 2022

Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time. We can ignore millennials no more.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

OCTOBER 12, 2020

For most of the decade of the 2010s, smartphones and other connected devices, new technology, and the internet gave all consumers a new set of superpowers to save time, allowing them to allocate the time in which routine chores got done. In 1934, economist Margaret Reid published a book titled “ Economics of Household Production.”

Innovation 292

Innovation Millennials Retail Study 292

PYMNTS

AUGUST 5, 2020

In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees and finance teams. The expense report has come a long way since the days of paper spreadsheets and stapled receipts. ”

Cards 199

Cards Software Management Tools 199

PYMNTS

MAY 23, 2019

Technology may be changing, but the level of service consumers want from businesses is not. While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

SEPTEMBER 15, 2019

The company is currently in talks with FinTechs about a joint application for one of the licenses, said President Ang Tang Chor, adding that Hong Leong would like to attract more millennials and newly established firms to its customer base. “We This can be an issue for some individuals and many smaller firms.

social media 116

social media Fintech Millennials Lending 116

PYMNTS

AUGUST 9, 2019

Not only that, the report said, but “some flights google.com/travel will reveal what the price would have been if the flight had been booked months in advance and whether an increase (or decrease) in fare is imminent. Users can access the technology through chat apps ranging from Messenger to Telegram, Slack, Viber and Line.

Google 144

Google New York social media Retail 144

Abrigo

JANUARY 13, 2020

Having the right technology can play an important role in cross-selling CFI customers or members. In a recent whitepaper , Abrigo outlined several tips for refreshing cross-selling practices and leveraging technology to address customer needs through marketing to existing customers or members. Book profitable loans more quickly.

Lending 150

Lending Study Survey Community 150

PYMNTS

JULY 4, 2019

Some want to book gear rentals close to the day or days they will need them, while others tend to plan over the longer term. Prices vary depending on availability (that is, seasonality) and location, though consumers who book for longer will get lower day rates, he said.

Trends 144

Trends Industry Mobile Millennials 144

PYMNTS

AUGUST 21, 2018

Gas station purchases are unlikely to ever achieve the level of joy brought about by the purchasing of clothes, furniture, toys or books, but the effort to make those transactions much more convenient — perhaps even pleasantly so — is moving along, as demonstrated by a recent product launch. Millennial Promise. We recognize that.”.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

AUGUST 4, 2016

Taking a page out of the copy book of the London Tube, where contactless payments have skyrocketed, the Miami-Dade County’s Department of Transportation and Public Works has signed a $33 million contract with Cubic Transportation Systems to install contactless and mobile payments. Millennials Eschew Bank Mobile Wallets.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

OCTOBER 31, 2018

In order to stay in one of the listings, travelers can book through the company’s website using their credit or debit cards. At the same time, in terms of markets, “millennials are more mobile,” according to Roberts. More specifically, he said that millennials are more outwardly mobile.

Groups 128

Groups Marketing San Diego Nashville 128

PYMNTS

AUGUST 3, 2017

Today, few travelers would go to an agent to book a flight – they’d just do it themselves online. They’re going to blame not just the technology, but your restaurant.”. The company was built on the belief that, if Amazon could do it for books, why couldn’t they do it for food? Ordering dinner wasn’t like ordering a book.

Online 104

Online Branding Texas Google 104

PYMNTS

MAY 24, 2019

Companies are using artificial intelligence (AI), application platform interfaces (APIs) and other technologies to create new channels for service and customer communication to appeal to a wide range of users. And in a reverse move, Airbnb has acquired Hotel Tonight to expand its customer base.

Online 130

Online Millennials Payments Customer Experience 130

PYMNTS

FEBRUARY 27, 2020

In an interview with Karen Webster, Maeve McKenna Duska, SVP at USA Technologies , said that ambitious retailers have an opportunity to seize valuable market share within a relatively underdeveloped channel of commerce. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. The Roadmap.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

MAY 26, 2017

The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families. According to a recent study , over 16 million millennial women (born between 1981 and 1997) have children, and that number is expected to grow.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

MARCH 13, 2018

Beyond online ordering and reservation booking, White plans to create a blog to feature restaurants. And, to win younger consumers over — like those at the university — many restaurants are betting that millennials prefer their meals with a side of technology.

Ohio 134

Ohio Millennials Mobile Video 134

PYMNTS

JUNE 25, 2019

Oyo asks owners to upgrade them to meet some basic standards – clean linen and bathrooms, air conditioning, Wi-Fi, breakfast and properly groomed staff – and rents their rooms out at bargain-basement prices, using homegrown technology meant to optimize occupancy rates.”. Winning Formula.

Online 100

Online Retail Capital Marketing 100

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? When they started in 1995, they sold books. Maybe those millennial futurists don't remember this. Online book stores. Much to my chagrin.

Apple 65

Apple Millennials Massachusetts FDIC 65

PYMNTS

JULY 25, 2018

Predicting the future is hard work, and as we come to the close of the 21st century’s second decade, it is fair to say that the science-fiction writers of the 20th century did a so-so job of predicting the technological future. A quick glance at PYMNTS Bridge Millennials data bears out the same trend. By the year 2022, voicebot.ai

Marketing 100

Marketing Millennials Google Mobile 100

PYMNTS

MAY 11, 2018

-based hospitality company signed a deal with Alibaba that enabled consumers to book Marriott hotel stays via Fliggy , the travel services platform owned by the China eCommerce giant. This spring, Marriott redesigned its Fliggy storefront and added a feature called Post Post Pay (PPP). The Fliggy Payment Feature.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

MARCH 19, 2018

Yet, that’s the claim being made by Scott Galloway — serial entrepreneur and adjunct faculty member at the Stern School of Business who wrote a book , participated in numerous TV interviews and composed a 7,000-word article in Esquire saying just that. Robotics and technology are taking jobs from people who need them the most, it’s said.

Google 148

Google Apple Retail Millennials 148