PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Just as millennials overtook Gen X, there’s another big buying group retailers need to plan for, and it’s even larger: Generation Z,” Shay said. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

NCR

JANUARY 12, 2017

For banks and financial institutions, a social strategy that utilizes the entire social ecosystem to deliver relevant, personalized information can help brands communicate with a broader range of current and prospective customers. So how can you use social in the most effective and efficient ways possible?

social media 40

social media Video Branding Examples 40

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. Source: The Millennial Disruption Index.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. And what they want and expect are what’s going to drive so much of retail and payments in the coming years and decades.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. The Fliggy Payment Feature. Last year, the U.S.-based Fliggy Moves To Secure Loyalty.

Retail 129

Retail Payments social media Mobile 129

Gonzobanker

NOVEMBER 16, 2023

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. hours per day on social media. Sofi has built strong engagement through its Richer Lives social media strategy and influencer Vivian, “your rich BFF.”

social media 97

social media Marketing Millennials Trends 97

Insights on Business

FEBRUARY 13, 2019

Next is a digital bank, completely disassociated from the Bradesco brand. Payment methods. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

MARCH 30, 2020

Particularly among younger consumers, the millennial and Gen Z “digital natives,” who, by the numbers, show a much greater affection for the physical store than their boomer parents and Gen X older siblings do. What Every Brand Needs For An Omnichannel Experience. So why aren’t digital natives shopping digitally? “As

Retail 177

Retail social media Millennials Branding 177

PYMNTS

JANUARY 17, 2020

Some have become so popular that they even have fan pages on social media platforms. Boosting shopping via smartphone has been a challenge for retailers, even as consumers spend many hours each day using their phones to interact with banks, brands, news platforms and social media outlets.

Mobile 130

Mobile social media Retail Study 130

PYMNTS

APRIL 19, 2016

But setting up shop on the edge of the festival and hawking blatantly branded products is a little too gauche for Coachella attendees who want to preserve the festival’s sanctity (whether it ever existed or not), which leads more than a few companies to turn to social media and the tricks of contextual commerce.

social media 100

social media Millennials San Francisco California 100

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. consumers shop and pay — today and in the future.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MAY 19, 2017

From eCommerce warehouses like Amazon to social media sales, it’s no secret that constant connectivity has changed many consumers’ shopping habits. New brands are still being built through brick-and-mortar sales. If a shopper walks into a store looking to buy a product, they likely have a few brands or manufacturers in mind.

social media 100

social media Branding Retail Online 100

PYMNTS

FEBRUARY 24, 2020

Millennials are also more likely to go the do-it-yourself (DIY) route than consumers from other age groups. Almost three quarters — or 73 percent — of millennials are doing DIY home improvement. Products in the box come from brands such as Milwaukee, Ryobi and Gorilla Glue as well as Varathane, Watco, Everbilt and 3M.

Tools 146

Tools Milwaukee Millennials social media 146

PYMNTS

NOVEMBER 23, 2018

Indeed, that is one of the main ideas behind Instagram ’s recent move to offer three new ways for users of the Facebook-owned photo-sharing social media platform to discover products. Instagram users can also now shop in videos from the brands they follow. Window Shopping.

social media 163

social media Mobile Branding Retail 163

Insights on Business

JANUARY 31, 2019

Coffee chains continuously evolve their branding, in-store design and the way they deliver their offerings to not just keep “the coffee experience” fresh, but also to appeal to the next generation of consumers. Embracing the future of payments. The manager went back to her business dispirited and discouraged.

Payments 107

Payments Fraud San Francisco social media 107

PYMNTS

NOVEMBER 13, 2019

He said the global economy had been marked by the emergence of new technologies and social media, eCommerce platforms and all manner of promotions delivered across smartphones and tablets. That’s especially true with the continued rise of millennials, who seek instant engagement from the brands with which they interact.

Millennials 118

Millennials social media Retail Cards 118

Banking 2020

MARCH 7, 2015

Articles via The Financial Brand, Credit Union Times, Finextra and Mobile Payments Today. 8 astonishing facts bankers should know about millennials: Did you know that recent data shows that 52% of millennials prefer non-traditional payments ? What have you been reading?

Mobile 40

Mobile Millennials Payments social media 40

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

AUGUST 17, 2018

The business of music is the business of payment flow , all that money moving among consumers, artists, labels and other participants involved proving songs, dance, video and related content to fans. Get ready to learn about one of the latest music business and payments models in an upcoming PYMNTS webinar scheduled for Tuesday, Aug.

Payments 100

Payments Management Video Millennials 100

PYMNTS

AUGUST 22, 2019

So Drop decided to do things differently by linking the rewards to the payment method instead of the brand itself. . Drop then automatically scans and analyzes all purchases made with those linked payment methods, and uses the data to pushes rewards and offers to customers based on the things they actually buy. .

social media 101

social media Branding Millennials Bitcoin 101

PYMNTS

APRIL 30, 2018

” so whatever the product was could be theirs — probably for five easy payments of less than $50. And the the brand isn’t just moving its sales online, but is increasing expanding its businesses there. Everything would be a limited-time offer, everything was selling out, and customers needed to “call now!”

Branding 129

Branding Millennials Retail social media 129

Social Assurance

MARCH 18, 2015

It’s that time of year where brand new Peer to Peer payment systems are used for unsanctioned gambling in office pools and Americans lose millions of hours of productivity with employees checking basketball scores… and I love it. So what can financial brands do to emulate this sort of fandom?

social media 12

social media Millennials Branding Survey 12

American Banker

JANUARY 2, 2017

Though banks are bigger in peer-to-peer payments overall, Venmo is better at functionality and branding and millennials love it. Now banks are launching Zelle with high hopes and the advantage of real-time speed. Can they catch up? Should they even bother?

Millennials 49

Millennials Payments Branding social media 49

PYMNTS

OCTOBER 29, 2018

For many in payments and the vast ecosystem that it powers, the scariest thing about Oct. The 2019 planning sessions that will mark the next 60 days will no doubt include topics of conversation about the scariest things in payments that could knock key players off their game – or turn their plans upside down.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

AUGUST 2, 2016

Fashion is largely fueling the rise in footwear sales, as many consumers, especially millennials, “prefer matching their footwear with their daily outfits,” according to the TechNavio report. Celebrity-endorsed fashion, sponsoring sports teams and attracting consumers through social media are some marketing initiatives adopted by vendors.

Industry 100

Industry Charlotte social media Branding 100

PYMNTS

AUGUST 20, 2018

The business of music is the business of payment flow , with all that money-moving among consumers, artists, labels and other participants involved providing songs, dance, video and related content to fans. Get ready to learn about one of the latest music business and payments models in an upcoming PYMNTS webinar, scheduled for Tuesday, Aug.

Video 101

Video Payments Millennials Maine 101

PYMNTS

JUNE 7, 2016

Starbucks is quite literally the class of the league, with not only the most successful restaurant mobile app, but arguably one of the more successful mobile payments products to boot. There are no shortage of QSR and fast food chains with an app to call their own, and strong will to earn a prime spot on potential diner’s phones.

Millennials 100

Millennials Mobile social media Comparison 100

PYMNTS

AUGUST 26, 2019

Retailers looking to engage tech-savvy millennials and Gen Z consumers are quickly doubling down on their efforts to offer more visual content and enhance the discoverability of their products and services. Users can screenshot products found on Instagram , Pinterest or similar social media apps.

Millennials 185

Millennials Retail Tools social media 185

Social Assurance

APRIL 4, 2016

Because our quaint little shop operates solely on cash or check payments. In fact, one of our employees, Jordan (who happens to fall into the millennial category) never has cash either. If a business is touting itself on the small business scale, there are valuable dollars to be garnered in the millennial market. Like, not ever.

Millennials 12

Millennials Marketing Strategies social media Cards 12

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

PYMNTS

MAY 1, 2020

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. Social media can show how much millennials and members of Generation Z love hiking, camping and other outdoor activities.

Millennials 141

Millennials social media Retail Guidelines 141

South State Correspondent

MAY 2, 2022

As mentioned above, it takes focus away from creating a brand and a value proposition in a product. A large national bank is recently infamous for introducing a millennial targeted mobile account that failed mainly because the branch didn’t get credit for account openings. Funnels Create Strategic Confusion.

social media 195

social media Management Marketing Resources 195

Banking 2020

MARCH 26, 2015

Furthermore, the CFPB is expected to give clear guidelines on using SMS, email, and social media in debt collections. A clear rule from the CFPB, no matter how restrictive the guidelines may be, means an open race to using digital media and its advantages: real time communication, 24/7 availability, data feedback and more.

Industry 40

Industry Guidelines social media Technology 40

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. Branded version is available. ^KT. Fiserv is meeting that need for FIs and millennials. The account has a tie into social media and sharing.

Video 40

Video Mobile social media Analytics 40

PYMNTS

JULY 15, 2016

There were media reports of marketplace seller “disappointment” over seeing their sales increase by “only 55 percent over last year” or “only 30 percent in some parts of the world” and complaining about their inability to market to those buyers since “Amazon owns them.”. iPayYou is the “only” P2P bitcoin payments method on Twitter.

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

DECEMBER 24, 2019

Recent social media sales i nnovations and a robust economy further the dominance of online shopping. Millennials’ buying habits have increased both Black Friday and online sales, and they continue to shape branding and in-person consumer engagement trends.

Retail 186

Retail social media United States Millennials 186