PYMNTS

MAY 10, 2017

For wealthy millennials in China, you can add buying an overseas property to the list of useful things a smartphone can do. The Wall Street Journal reports that a whopping 70 percent of Chinese millennials, born between 1981 and 1998, own a home, the highest share of respondents from nine countries and regions.

Millennials 101

Millennials Study Regional Survey 101

Accenture

NOVEMBER 28, 2017

It’s no surprise, then, that the majority of global banks are planning to invest heavily in open banking initiatives by 2020, as revealed in a recent Accenture study. Another recent Accenture study shows that two-thirds of consumers in the UK said they won’t share their personal financial data with non-bank providers.

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Study Millennials Examples Data 150

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

MARCH 6, 2019

They grow faster, reach profitability sooner and generate more revenue per dollar invested than those of their male counterparts, according to a study of female-founded firms. The study reported that for every dollar of capital raised, women-run startups generated 78 cents in revenue, compared to 31 cents for men-run startups.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

OCTOBER 15, 2020

Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

Online 334

Online Exercises Retail Capital 334

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . Source: Capital One. Source: Deloitte. Source: Kindur .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 20, 2016

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. Researchers with Capital One say the study aims at understanding thoughts, attitudes, behaviors and expectations related to managing their credit.

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Study social media Capital Millennials 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

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

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.

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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

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. Gen Z and Millennials are now using credit on their cards which was not seen before 2020.

Trends 195

Trends Cards Capital Data 195

PYMNTS

NOVEMBER 9, 2018

The report, entitled “ Financing Their Future: Veteran Entrepreneurs and Capital Access ,” comes amid other news about the challenges that owners of smaller business have with financing — and payment and financial services firms, along with some banks, stepping up to that business opportunity. Social Capital. SMB Financing Woes.

Capital 152

Capital Trends Report Cards 152

PYMNTS

DECEMBER 22, 2016

The companies said that, because research says millennials check their phones more than 45 times a day, the banking platform is meeting those customers where they are: on their phones. Earlier this week, Capital One reported that consumers are optimistic about their financial journey.

Millennials 100

Millennials America Study Mobile 100

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. As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”.

Innovation 155

Innovation Study Technology Millennials 155

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

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 also see the “new frugality” trend reshaping the apparel retail industry as well, according to a new study by The NPD Group. So, what’s going on here? Have consumers just suddenly become very cheap?

Branding 100

Branding Retail Study Portland 100

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

BankBazaar

JANUARY 9, 2020

Millennials between the age of 26 and 35 were the primary drivers, marking a 43.38% growth in applications in this segment. The study revealed that women have emerged as the prime consumers for Credit Cards, and the number of women applicants for fuel, premium, and travel cards grew by 49.07%, 32.78%, and 21.99% respectively.

Report 136

Report Metro Cards Trends 136

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. This is not going to help the fashion retailer reverse its declining sales figures.

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Los Angeles Millennials Apple Retail 100

PYMNTS

MARCH 15, 2018

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. Boomers vs. Millennials vs. Scammers . The Retail Death Spiral . It even managed to garner a $3.1

Payments 108

Payments Millennials US Fraud 108

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

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.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

NOVEMBER 3, 2016

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. Power finds that small businesses are increasingly willing to switch banks, and that means alternative players can snatch clients away from banks.

Survey 100

Survey Lending Millennials Analysis 100

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 Branding Online Retail 145

PYMNTS

NOVEMBER 10, 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. If they end up spending that $250 gift card while they are there anyway — well, studies show that customer will likely spend far more than $250 at Target before they leave.

Course 145

Course Groups Online Trends 145

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

PYMNTS

SEPTEMBER 18, 2018

A survey by the Forum found that about 45 percent of overall respondents – but just 28 percent of millennials – agree with the statement that banks are fair and honest. A study from the Florida Atlantic University College of Business found that loans declined more at large banks than smaller ones. Behind the Numbers .

Lending 148

Lending Innovation Fintech Cards 148

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

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.

Millennials 52

Millennials social media Fintech Examples 52

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

NOVEMBER 27, 2019

The following Deep Dive outlines automation’s benefits, its potential ROI for implementing organizations and how these solutions can recruit millennial workers. . New Working Capital Optimization Opportunities . AP professionals who process invoices manually find the paper-based task to be prone to errors. workforce by 2025.

Millennials 161

Millennials Payments Capital Technology 161

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

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

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

Abrigo

DECEMBER 15, 2016

which means their capital needs fluctuate. According to a 2015 Federal Reserve study , 47 percent of businesses with fewer than 500 employees had applied for credit in the past 12 months, but only half were able to secure all the credit they needed. This is compounded by the growing trend of Millennial small business owners.

Lending 150

Lending Millennials Study Survey 150