PYMNTS

JUNE 1, 2019

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. 2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. What is Nuns and Nones?

San Francisco 156

San Francisco Millennials New York Wichita 156

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Korean consumers see no evil in mobile payments. The statistics get even better as the daily average number of mobile payments increased almost 83 percent to 810,000.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

JULY 16, 2018

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). The firms are eyeing a confluence of mobile commerce, digital marketing and ease of payments. So, if we look at millennials,” he said, “they have $400 billion in buying power today. Picture this. It’s snowing. The Available Data.

Millennials 109

Millennials Boston Retail Mobile 109

PYMNTS

DECEMBER 7, 2018

The typical undergrad-as-borrower leaves with degree in hand and an average of $265 in monthly payments. Those who leave medical school have an average of $1,600 in monthly payments. The burden can be such, said the study, that student loan payments can exceed what it costs to lease a car or own a home. What’s On Offer.

Study 170

Study United States Boston Millennials 170

PYMNTS

JULY 8, 2019

The last such store closed earlier this year in Boston. The failure was attributed to a variety of factors, including lack of viable payments from homeless consumers and students. Cherny is certainly aware of that effort, and of the skepticism that comes with any such push to replicate what is called consumer-elective pricing.

Retail 116

Retail New York City Millennials Boston 116

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. Many of those are payment apps used by consumers online, but not in brick-and-mortar stores without access to Apple’s NFC chip. And it probably has.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Like payments terminals. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience.

Cards 147

Cards Study Maine Payments 147

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

JUNE 25, 2018

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime for a Payments Switch.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

FEBRUARY 18, 2019

Giving consumers a safe and trusted online payments experience means being comfortable finding and then following the paths not typically taken to uncover potential vulnerabilities – and then defending those decisions to team members and management. Or at least injecting some balance into the conversations to sharpen the debate.

Cards 169

Cards Course Study New York 169

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently.

Millennials 101

Millennials Boston social media Groups 101

PYMNTS

MAY 27, 2016

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

APRIL 2, 2018

According to a recent survey from the Boston Consulting Group (BCG), profits among the world’s corporate banking institutions is significantly declining – but digitization could halt that trend. Analysts say the tangible benefits of digitization and a happier end user are clear.

blockchain 171

blockchain Lending User Experience Mobile 171

William Mills

AUGUST 17, 2016

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. The MBA Annual conference is October 23-26 at the Hynes Convention Center in Boston.

Conference 40

Conference Innovation Las Vegas Colorado 40

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JUNE 21, 2016

This demand for timeliness and simplicity is evidenced by the demographics with which third-party delivery services are being most enthusiastically embraced: millennials, parents with children under 18, and city dwellers. When you order your first Favor, you’ll enter the payment information, which we store securely.

Resources 102

Resources Operations Technology Boston 102

CB Insights

AUGUST 2, 2018

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. Cash is the second most common payment method (27%), while credit cards fall in third place (23%). turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

Banking 2020

FEBRUARY 2, 2016

For example, a new report from consulting firm Boston Retail Partners states 85% of retailers say that ‘unified commerce’ is a top priority for the year ahead, and many merchants are well on their way. Mobile payments enabled by those smartphones and tablets may not be popular with everyone, but those millennials are coming to love them.

Retail 40

Retail Strategy Boston Industry 40

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. Traditional asset management companies are increasingly facing competition on both sides of the performance scale.

Industry 42

Industry Management Innovation Analysis 42

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. They help you focus and prioritize Accounts Receivable, based on payment histories and risk. Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

JANUARY 18, 2016

Integrated payment processor. Millennial saving & investing app. Mobile payments platform. Mobile payments. Tags: Consumer, payments, interbank transfers, banking. Source: Crunchbase. Financial supply chain management. Latest round: $46 million. Total raised: $136.7 HQ: San Francisco, California. RealtyMogul.

Company 12

Company New York City Fintech San Francisco 12

PYMNTS

APRIL 12, 2017

What the data shows is that 80 percent of millennials who characterize themselves as happily employed are open to learning about new opportunities, as long as they’re provided by a trusted relationship. In our very first year, we had over 10,000 referrals in the Boston market alone. In fact, many are happily employed.

Boston 100

Boston US Marketing Industry 100

CB Insights

OCTOBER 26, 2020

A slew of startups have emerged over the last few years that are especially popular among millennials, and designed to serve as a cheap investment manager and an introduction to the basics of wealth management. Boston Consulting Group predicts, however, that only a few investment banks will ever again be able to grow to that kind of size.

Management 78

Management Capital Company Marketing 78

Banking 2020

OCTOBER 20, 2015

Those numbers are sure to grow, as surveys suggest that millennials are more likely to avoid traditional 9-to-5 jobs in favor of being entrepreneurs. Revenue, while a challenge, is a part of the answer, especially for value-added services beyond payments and balance reporting. He has 25 years of financial services industry experience.

How To 40

How To Training Boston Millennials 40

PYMNTS

MARCH 19, 2018

In the last few months alone, we’ve seen snow in Rome and three powerful nor’easters in Boston in the space of two and a half weeks — with some forecasts predicting a fourth this week. Before there was Google Pay , there were three earlier versions of Google payments, starting with Google Checkout in 2006. They all died.

Google 148

Google Apple Retail Millennials 148

PYMNTS

JANUARY 7, 2019

Animal metaphors aside, 2019 is a year that should inspire excitement, along with great anticipation, across the expansive payments and commerce ecosystem: It’s the bridge year between the decades of the ‘10s and the ‘20s. Leave Mobile Payments, Embrace Ambient Commerce. That makes it the most important year of the last decade.

Mobile 205

Mobile Innovation Apple Study 205

PYMNTS

JULY 22, 2019

Had I been in town, I might have used Google to find a store near me in Boston that carried the brand I wanted so I could try before I bought. The season takes place in the year 1985 – 10 years before eCommerce and Amazon, and seven years before today’s 27-year-old millennials were born.

Innovation 170

Innovation US Maine Google 170