PYMNTS

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. million dollar Series A venture funding led by FirstMark Capital with additional participation from Contour Ventures, Humanity United and Serious Change LP, among others.

New York 100

New York Millennials Capital Branding 100

PYMNTS

JANUARY 14, 2017

For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. Evidence of that is in a new Creditcards.com study that suggests that consumers are slowly gaining confidence about becoming debt free during their lifetimes.

Millennials 100

Millennials Data Cards Study 100

PYMNTS

SEPTEMBER 30, 2019

But many luxury trips can run aground without effective and innovative payment solutions to help travelers meet and manage associated costs. The luxury travel market is booming: The PYMNTS Luxury Travel Study found that luxury travelers from the United States spent $1.1 Millennials make up about a third of the U.S.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

APRIL 19, 2016

Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic. “The millennial target isn’t a new target for us, nor is it a customer that’s foreign to us,” Smith said. “We We want to make them even bigger superfans of the brand.

social media 100

social media Millennials San Francisco California 100

BankBazaar

DECEMBER 20, 2019

Let’s explore some of the key inferences made from the study. The study showed that about 68% of the people who checked their Credit Score on BankBazaar have a score of above 750. This is a sure sign of the growing financial literacy and credit worthiness among Indian millennials.

Metro 78

Metro Study Report Millennials 78

PYMNTS

MARCH 15, 2018

Or, at least, that’s the pessimist’s view — a more optimistic estimate puts the odds somewhere around 1 in 128 billion, which is a much more manageable statistical impossibility. It even managed to garner a $3.1 Boomers vs. Millennials vs. Scammers . quintillion. billion loan at the time to keep stores open.

Payments 108

Payments Millennials US Fraud 108

PYMNTS

FEBRUARY 27, 2020

Overall, according to the study, about 49 million consumers want to transact through unattended channels, but only 14 million have done so. As much as 20 percent of the consumers surveyed said they harbored an interest in buying a wide variety of offerings through unattended settings, yet only 6.9 The Roadmap. It takes new resources.

Retail 131

Retail Comparison Technology Branding 131

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

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

PYMNTS

OCTOBER 15, 2018

Last month, the firm announced it had raised $10 million in a Series A funding round, led by Alphabet ’s venture capital arm GV. After informally questioning his millennial sons, then more formally studying the phenomenon, Collins found the statistic was far from impossible.

Millennials 145

Millennials Online Branding Retail 145

PYMNTS

NOVEMBER 15, 2016

Dry markets yield rough results – millennials aren’t buying homes at generationally expected rates and new start-up business are employing 1 million fewer people in 2016 than they they were in the year 2000. That is what the latest study was tasked with discerning. So what did they find?

Lending 100

Lending Study Millennials Groups 100

FICO

FEBRUARY 5, 2021

FICO recently worked with Cornerstone Advisors to commission a study on the emergence of “shadow banking" providers – fintech startups, large technology companies, merchants, and others. And every institution would try to cross-sell their way into larger, more profitable products (personal loans, mortgage, wealth management, etc.).

Millennials 52

Millennials social media Fintech Examples 52

PYMNTS

MARCH 7, 2017

Recently Harvard University’s Joint Center for Housing Studies conducted a study titled Improving America’s Housing 2017: Demographic Change and The Remodeling Outlook that looked at the various types of home renovations and which of those are more popular among different age groups.

Millennials 109

Millennials Study Groups Maine 109

Jeff For Banks

MAY 31, 2017

The red: millennials. And when my friend and fellow bank consultant Mary Beth Sullivan from Capital Performance Group in DC shared the post in the below pic on LinkedIn, it stirred a spirited rebuttal. They're competitors. :) I don't want to engage in a tit for tat on studies. The green bar was all respondents.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

FICO

DECEMBER 5, 2022

At the same time, mobile banking, payment and money transfer apps are exploding in popularity, as 89% of respondents to a recent Insider Intelligence study use mobile banking, including 97% of Millennials. Here are the top 5 surprises from that survey, along with tips for FIs on how to address or capitalize on them.

Survey 52

Survey Fraud Digital Banking social media 52

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Retail Banking Customer Satisfaction Study from J.D. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities.

Regional 28

Regional Mobile Millennials Study 28

FICO

FEBRUARY 12, 2023

That said, customers have increasingly high standards and you only have a short amount of time to impress them (especially Millennials). Here is an excerpt of his top ranking post: Credit limit management is regarded as a key driver to profitable portfolios. What can financial institutions learn from TikTok?

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

OCTOBER 29, 2018

In fact, according to our recent study, they come in dead last. The How We Will Pay study , just published in collaboration with Visa, shows that a staggering 27 percent of the U.S. Their tech helps accelerate the delivery of innovation to FI customers who have the consumers’ trust and are pretty good at managing risk.

Payments 196

Payments Google Apple Innovation 196

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Indonesia features the largest ($27B in 2018) and fastest-growing (49% CAGR 2015-2018) internet economy in Southeast Asia, according to a study by Google and Temasek.

Policies 61

Policies Lending Operations Examples 61

Gonzobanker

DECEMBER 22, 2015

Bank project management offices. A phenomenally successful $50+ billion private/wealth management bank with a customer list to die for probably won’t hurt on the reference list. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M. Vendor management. “I Conversion of the Year.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

FEBRUARY 28, 2020

A global study of 7,000 employers and employees conducted by human resources and payroll services provider ADP found that nearly half of Gen Z job seekers would reject offers that did not include options for how they receive their earnings. Cash flow and working capital is much harder for small businesses,” said Reany.

Cards 130

Cards Meeting Resources Capital 130

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

FICO

APRIL 12, 2021

As Sherlock Holmes observed in “A Scandal in Bohemia”, “It is a capital mistake to theorize before one has data. Millennials in particular tend to distrust corporations and financial institutions (86%), the government (82%) and the press (88%). Automated decision management for ROI of 20:1 in the first year.

Strategy 52

Strategy Data Analytics Company 52

CB Insights

OCTOBER 6, 2017

In financial markets, global risk and asset management firm BlackRock laid off around 40 employees earlier this year, including portfolio managers and stock managers. Khosla Ventures also backed Cafe X Technologies in Q1’17, alongside The Thiel Foundation, Felicis Ventures, and Social Capital.

Software 69

Software Industry Retail United States 69

CB Insights

OCTOBER 10, 2017

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” A host of startups have emerged to capitalize on this trend. In aggregate, they command $1.3 The secrets of user growth.

Tools 78

Tools Millennials US Maine 78

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. Personal Capital uses customers’ financial data to overcome the cumbersome process of opening investment accounts.

Analytics 12

Analytics Data Fintech Case Study 12

CB Insights

AUGUST 6, 2017

145+ Tech Startups Focused On Transforming Capital Markets In One Market Map. Wealth Tech Market Map: 90+ Companies Transforming Investment And Wealth Management. Millennial Personal Finance: 63 Fintech Startups Targeting Millennials. Disrupting Real Estate: 58 Startups Reshaping How Property Is Bought, Sold, And Managed.

Industry 78

Industry Marketing Fintech Software 78

Fintech Labs Insights

DECEMBER 9, 2016

Wealth management technology provider eMoney Advisor, pictured here at FinovateFall, was acquired by Fidelity Investments in 2015 for $250 million. With 2017 right around the corner, what trends are likely to drive innovations in wealth management technology or Wealth Tech? order management system APIs). Use of Virtual Meetings.

Trends 12

Trends Millennials Management Data 12

PYMNTS

OCTOBER 31, 2016

Frank Lucas (R-OK) seemed to sum it all up: “[The banking industry] just made it really hard for those of us who want to maintain the concept of a market economy and who want to make sure that the bankers, not some bureaucrat somewhere, are the arbitrageurs of capital.”. This, Edelman reports, is a huge shift from prior studies.

Regulation 100

Regulation Innovation Data Industry 100