CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

MARCH 6, 2017

A number of major retail studies have shown that millennial consumers value the sustainability, health value and organic nature of brands and products when making purchases. In the study, Acosta found that nearly 73 percent of millennials surveyed reported spending time on product researching before spending a dime.

Study 101

Study Millennials Retail Trends 101

PYMNTS

SEPTEMBER 30, 2019

The luxury travel market is booming: The PYMNTS Luxury Travel Study found that luxury travelers from the United States spent $1.1 trillion market. percent of the broader luxury vacation travel market. Millennials make up about a third of the U.S. trillion on their vacations last year. ” It had notched $2.5

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

JULY 18, 2019

As noted in the study, larger financial institutions outpace smaller brethren when it comes to grabbing market share, largely through the competitive advantage of hefty IT budgets that get new products to market with haste. The study found that only 13.3 percent in the last study.

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. You can see this trend, too, in Amazon’s recent announcement that it is moving into the lucrative private-label food market. So, what’s going on here? Have consumers just suddenly become very cheap? billion in U.S.

Branding 100

Branding Retail Study Portland 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

BankBazaar

JANUARY 9, 2020

Looking for trends in India’s personal finance market? It presents an accurate picture of India’s personal finance market in the year gone by and gives an idea of what to expect in the coming year. Millennials between the age of 26 and 35 were the primary drivers, marking a 43.38% growth in applications in this segment.

Report 136

Report Metro Cards Trends 136

PYMNTS

APRIL 19, 2016

” Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic.

social media 100

social media Millennials San Francisco California 100

PYMNTS

SEPTEMBER 14, 2016

Millennials don’t seem to be feeling Banana Republic any longer, according to a study by RBC Capital Markets. Forty-eight percent of millennials polled said they disliked the chain, compared to only 22 percent who said they liked it.

Los Angeles 100

Los Angeles Apple Millennials Retail 100

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

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. Building A Better Experience.

Millennials 145

Millennials Online Branding Retail 145

PYMNTS

NOVEMBER 3, 2016

Will alternative lending platforms eat away at traditional banks’ market share? Small Business Banking Satisfaction Study found that, as small businesses in the nation continue to grow, they’re more likely to seek out working capital financing. Released last week, J.D. Power’s 2016 U.S.

Survey 100

Survey Lending Millennials Analysis 100

PYMNTS

SEPTEMBER 18, 2018

But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. The rise of FinTech offers a bit of a prism through which to view those events.

Lending 148

Lending Innovation Fintech Cards 148

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. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

NOVEMBER 10, 2016

Plus the executive team has seen its fair share of musical chairs — the firm’s chief marketing officer jumped ship to Uber at the end of the summer, and a little over a month ago Target’s chief digital officer resigned unexpectedly and immediately. Young With Expendable Cash .

Course 145

Course Groups Online Trends 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.

Lending 100

Lending Study Millennials Groups 100

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

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. Venture capital investors are pouring billions of dollars into fintech startups. Over the last 15-20 years, things have changed. How to Respond?

Millennials 52

Millennials social media Fintech Examples 52

Jeff For Banks

MAY 31, 2017

I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). The red: millennials. They're competitors. :) I don't want to engage in a tit for tat on studies. If your market wants business acumen from your branch employees, can they do it?

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

Banking 2020

OCTOBER 20, 2015

Some studies estimate that there are 28 million small businesses in the U.S., 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. representing more than $6 trillion in revenue. However, revenue is just one part of the equation.

How To 40

How To Training Boston Millennials 40

CB Insights

OCTOBER 24, 2018

The POS startup market is growing, as consumers seek more transparent credit options and merchants look for new ways to boost sales. As competition increases and POS lending goes mainstream, startups are raising substantial funds to grab market share. tranche of Series A funding from Ribbit Capital and Xiaomi Ventures (8/27).

Millennials 65

Millennials Lending Cards Capital 65

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

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. By 2050, Indonesia is projected to have the third largest middle class among emerging markets. GET THE 106-PAGE FINTECH TRENDS REPORT. The platform recorded 63.7M in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

PYMNTS

OCTOBER 29, 2018

In fact, according to our recent study, they come in dead last. There’s a big available market with a lot of room to grow that pie – after all, Amazon “only” has about 50 percent of the online commerce market , and the U.S. Overall shipments of smartphones are off slightly: 2 percent quarter over quarter.

Payments 196

Payments Google Apple Innovation 196

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

Tefkin

JUNE 3, 2014

By automatically tracking indexes, they offer investors the possibility to obtain market performance at a lower cost than a typical managed funds. By lifting the ban on general solicitation and making crowdfunding easier, the JOBS act is opening access (for accredited investors for now) to the Venture Capital and Hedge Funds asset classes.

Industry 42

Industry Management Innovation Analysis 42

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). Ensure agility for your business so you can adapt to the speed of the market – or faster. People want to master their financial lives and they want engaging content that teaches them how.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JANUARY 16, 2020

And as candle enthusiast and Otherland Founder Abigail Stone learned via an independent study in 2016, quite a lot of millennial women are developing expensive candle habits, precisely because they like to consistently burn scented candles, and about 25 percent report buying 10 or more scented candles a year. “I

Millennials 144

Millennials Study Community Strategy 144

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%). Insensibly one begins to twist facts to suit theories, instead of theories to suit facts.”

Strategy 52

Strategy Data Analytics Company 52

CB Insights

OCTOBER 6, 2017

With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Outsize impact on the labor markets. The outsize impacts on the labor markets. How corporations are harnessing automation.

Software 69

Software Industry Retail United States 69

CB Insights

OCTOBER 10, 2017

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. It’s even harder when your target market would rather never think about what you’re trying to sell them — retirement, for example.

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. BBVA’s API Market helps developers access and build on core banking services for the digital ecosystem.

Analytics 12

Analytics Data Fintech Case Study 12

PYMNTS

OCTOBER 12, 2020

The fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa , paints a picture of a consumer who is using connected devices and apps to run the errands once done in the physical world on the weekends on the weekdays, using digital and digital-first channels. This national study of 10,000 U.S. 15 and Aug.

Innovation 292

Innovation Millennials Retail Study 292

CB Insights

AUGUST 6, 2017

After a client requested copies of all our recent market maps, we decided to take it a step further. Below you’ll find a collection of all our CB Insights market maps and unbundling/disrupting graphics. 145+ Tech Startups Focused On Transforming Capital Markets In One Market Map. SALES TECH.

Industry 78

Industry Marketing Fintech Software 78

Fintech Labs Insights

DECEMBER 9, 2016

Deloitte noted that “new combinations of digital and human-based channels” are not just for millennials, saying that “some Xers and Boomers want to engage in new ways” as well. Xignite serves more than one one trillion market data API calls a year. Growing Importance of Platforms.

Trends 12

Trends Millennials Management Data 12