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. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

MAY 22, 2017

Here’s how some big players are setting up to shift the goalposts even more in the coming years – by the numbers: 6 million + | Retail workers at risk of replacement by robots over the next 10 years, according to a new study by Cornerstone Capital Group. The change will likely start with cashiers.

Millennials 100

Millennials Data Bitcoin cryptocurrency 100

PYMNTS

DECEMBER 20, 2016

This sentiment carries as consumer confidence is at a nine-year high , translating to higher spending, which retailers certainly appreciate: Cyber Monday clicked past $3.45 Capital One just release the results of its first Credit Confidence Study of 2,300 people who are new to establishing credit, building or rebuilding their scores.

Study 100

Study social media Capital Millennials 100

PYMNTS

MARCH 6, 2017

Prices of the international food retail group’s stock closed out on Friday at €20.50, up 0.94 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. At the time of writing, WFM was down 2.38

Study 101

Study Millennials Retail Trends 101

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

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

APRIL 4, 2019

According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services.

Mobile 169

Mobile Study Security social media 169

South State Correspondent

AUGUST 16, 2023

Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders. Consumers are going through a revaluation valuing more retail products over travel products (i.e.,

Trends 195

Trends Cards Capital Data 195

Gonzobanker

NOVEMBER 16, 2023

Capitalize on trends – Social media is filled with trends that can translate to marketing opportunities, whether it be memes, pop culture references or news topics. One study found that roughly 48% of people have used social media to determine where to go out to eat. Gen Z users prefer social media as their primary search engine.

social media 97

social media Marketing Millennials Trends 97

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

MARCH 15, 2018

Toys R Us vs. The Retail Death Spiral . When Toys R Us first announced its bankruptcy a little under six months ago, it was with an almost upbeat tone: The move would allow the firm to refashion both its capital and operating structures and hit a reset on the business. Winner: The Retail Death Spiral. An F by any definition.

Payments 108

Payments Millennials US Fraud 108

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. Beyond the basics, brands that are less diversified in the restaurant environment are suffering the same difficulties that the mediocre middle-retailers have faced in the age of digitization.

Millennials 145

Millennials Online Branding Retail 145

PYMNTS

SEPTEMBER 14, 2016

Here are some of the other big winners and losers of the retail game at the moment. 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

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 Activities marketplace Fixers , for instance, sees millennials as their target market, as they tend to prefer experiences over things. Millennials make up about a third of the U.S.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

NOVEMBER 10, 2016

Like many other big players in the physical retail space, the company is pushing hard in holiday 2016. And Target is clearly not just opening on Black Friday — it is thinking about its core shoppers and how to capitalize on who they are and perhaps expand their ranks. Young With Expendable Cash .

Course 145

Course Groups Online Trends 145

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

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

Taxes 100

Taxes Colorado Alaska Cards 100

PYMNTS

OCTOBER 29, 2018

In fact, according to our recent study, they come in dead last. Census Bureau still wants us to believe that 90 percent of retail sales still happen in the physical store. The How We Will Pay study , just published in collaboration with Visa, shows that a staggering 27 percent of the U.S.

Payments 196

Payments Google Apple Innovation 196

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

Banking 2020

OCTOBER 20, 2015

All of this occurs in an environment where technology takes center stage and business owners may consume retail (for their personal accounts) as well as business services at a given financial institution. Some studies estimate that there are 28 million small businesses in the U.S., representing more than $6 trillion in revenue.

How To 40

How To Training Boston Millennials 40

CB Insights

OCTOBER 24, 2018

tranche of Series A funding from Ribbit Capital and Xiaomi Ventures (8/27). Millennials in particular struggle with credit cards — recent studies find that 3 in 5 millennials carry credit card balances month to month, while 45% don’t know the interest rate on their card. India-based ZestMoney raised a $14.7M

Millennials 65

Millennials Lending Cards Capital 65

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

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

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). Future-proofing your organization now involves studying behavioral science and how people engage with technology. What can financial institutions learn from TikTok?

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

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 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.

Millennials 144

Millennials Study Community Strategy 144

Gonzobanker

DECEMBER 22, 2015

To PNC , who at BAI Retail Delivery pointed to hiring a behavioral psychologist to review its origination process. Millennials. Take this brief survey (5-7 minutes) and receive: “Insights into 2016,” a free white paper with study results and recommendations for 2016. Freudian Slip Award. Conference Mojo Award.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

OCTOBER 6, 2017

Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years. 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. Retail salesperson (4.6M).

Software 69

Software Industry Retail United States 69

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

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. Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.).

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. Lending, Investments, And Personal Finance: 102 Startups Attacking The Retail Banking Value Chain. Millennial Personal Finance: 63 Fintech Startups Targeting Millennials. RETAIL TECH AND NEXT-GEN COMMERCE. FINANCIAL TECHNOLOGY.

Industry 78

Industry Marketing Fintech Software 78

PYMNTS

OCTOBER 31, 2016

We now have a bipartisan haranguing of banks — all banks — over their retail banking practices. Dodd-Frank also drove bank capital requirements higher, which curtailed access to credit for consumers and small businesses, cutting off another source of revenue — interest on loans. And he can do that. He can do just about anything.

Regulation 100

Regulation Innovation Data Industry 100