PYMNTS

JANUARY 20, 2020

Papyrus parent company Schurman Retail Group had been attempting to renegotiate lease terms for its stores, but apparently not enough concessions were made to help save the company’s locations,” the report stated. Millennials to the Rescue. The chain had since expanded to some 260 or so retail locations. Brick-and-Mortar View.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Instant” is becoming the posted speed limit nationally and globally for transactions. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world. But it’s totally fixable. The Big Gig.

Millennials 130

Millennials New York City National New York 130

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. Et tu , Millennials? Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. percent, which equates to $9.6

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. In the digital identity space, biometrics have become all the rage. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 percent of Bridge Millennials did so. The largest group (32.5

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

JANUARY 22, 2020

Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.” By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

FEBRUARY 20, 2020

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? This represents roughly $2 trillion in annual credit and debit card volumes. Among Bridge Millennials (between 30 and 40 years old), 41.1 In fact, 24.3

Cards 146

Cards Data Management Mobile 146

PYMNTS

DECEMBER 22, 2018

To learn more about why, PYMNTS this past week caught up with Doug Hundley, a spokesperson for the National Christmas Tree Association. million “real” Christmas trees , as the trade group calls them, with an average price of $75. That is helpful especially for “millennial and Generation Xers,” he said. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . Walmart+, Amazon Prime Face off as Consumers Decide Who Gets Their Business.

Online 148

Online Payments Millennials Apple 148

NCR

MAY 11, 2016

Knowing how to make, manage and invest one’s money has long been the key to financial security and stability, but what was once a relatively linear road map for many generations has shifted with Millennials. While buying a home was once seen as one of the biggest indicators of financial success, Millennials now have a different idea.

Millennials 40

Millennials New York Cards Maine 40

PYMNTS

SEPTEMBER 16, 2019

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. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JUNE 17, 2019

Hong Kong, India and Australia are among just a few of the nations to launch their own local faster payment systems while a host of other countries are moving forward with their own plans to launch a faster payment scheme. The launch of FPS, he said, could do more than boost customer loyalty for banks that have signed on to the system.

Payments 201

Payments System National Mobile 201

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

FEBRUARY 25, 2019

The retailer is inviting specialty and national brands alike to offer items online, CNBC reported. Gomez continued, “This is intended to be a very curated and select group of products and brands … We are reaching out to the brands we want.”.

Branding 101

Branding Comparison Millennials Retail 101

PYMNTS

DECEMBER 27, 2019

Strong balance sheets in key areas like credit card debt ($64.4 FIs are not accustomed to customers telling them which products to offer, but in the mobile instant payments world driven by millennials and Gen Zers, that’s the deal – take it or leave it. A Small Change It’s Not. billion), car loans ($382.9 Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

APRIL 21, 2016

These heavy overdrafters were mostly millennials and Gen Xers — two-thirds of whom paid the fee for an overdrawn debit card transaction. Among millennials, the group that was found likely to take a stronger hit from overdraft charges was students, as The New York Times pointed out.

Millennials 100

Millennials Survey New York Groups 100

PYMNTS

SEPTEMBER 15, 2017

As LendUp CEO Sasha Orloff and Beneficial State Bank Co-CEO Kat Taylor told PYMNTS in a recent interview, banks and FinTechs need each other, and a very large segment of the population living on the margins of financial services in the United States need these two groups to work together as well. “I It has a higher interest rate – 19.99

Fintech 198

Fintech System Lending Cards 198

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

NOVEMBER 10, 2016

on Thanksgiving in an attempt to capture the early bargain-hunting shoppers of the nation. “Of The typical Target shopper, as it turns out, is a fairly desirable group. The trick will be hooking that core group early and keeping their attention, which isn’t always the easiest goal with millennial shoppers.

Course 145

Course Groups Online Trends 145

PYMNTS

DECEMBER 21, 2020

This digital shift — doing less in the physical world and more in the digital world for the same activity — is based on 16 longitudinal studies that PYMNTS has conducted of a national sample of more than 40,000 U.S. According to a national study conducted by PYMNTS of 2,683 consumers on Nov. consumers since March. [1]. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

DECEMBER 24, 2019

Indeed, to create and promote the adoption of a new royalty-free connectivity standard (to make smart home products more compatible with security as a design tenet), Amazon, Google, Apple and the Zigbee Alliance unveiled a new working group. The company has an option to transfer money to the bank without a debit card for the same fee.

Cards 160

Cards Payments Study Examples 160

PYMNTS

SEPTEMBER 21, 2016

And its popularity with young consumers (77 percent of millennials used mobile banking within the past month) means that more consumers are likely to embrace these new practices each year.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

Social Assurance

APRIL 4, 2016

But in an age of convenience and cards, cash rarely makes its way into my wallet or onto my To-Do list, and therefore dictates where I spend my lunch dollar. In fact, one of our employees, Jordan (who happens to fall into the millennial category) never has cash either. He ordered a credit card reader for the owner. Frictionless.

Millennials 12

Millennials Marketing Strategies social media Cards 12

PYMNTS

NOVEMBER 16, 2020

PYMNTS fielded a national consumer study of 2,806 U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot. and global economy for most of 2020. That’s assuming most people got the vaccine.

Study 270

Study Retail Millennials Conference 270

PYMNTS

DECEMBER 27, 2019

A group of state attorneys is joining together to fight a merger of Sprint and T-Mobile that the United States Justice Department supports. Behind Sysco’s Spend Management Switch To Cards. Retailers aiming to sell throughout the nation have to pay attention to how their goods are treated by each state’s tax code.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

OCTOBER 25, 2017

For example, we are working with a virtual prepaid Visa card which, coupled with a user experience layer and Apple Pay, can create an alternative to a gift card for any near-field, communication-enabled merchant. That has potential to replace the entire gift card business as we know it. There is also a lot of room to innovate.

Mobile 100

Mobile User Experience Examples Millennials 100

PYMNTS

OCTOBER 11, 2018

Most of them won’t play professionally, but a growing group of those young players continue their athletic careers into adulthood. Research indicates that millennials are twice as likely as other adults to participate in team sports. Each year, nearly three-quarters of American children sign up for a youth recreational sports.

Payments 108

Payments Online Management Tools 108

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

Millennials 100

Millennials Fintech Cards Groups 100

FICO

AUGUST 15, 2018

We recently studied the impact of millennials’ student loan debt on their willingness and ability to obtain new mortgage loans. Also, building off our millennial research, we quantified how mortgage 90+ day delinquency rates over 2 years vary by borrower’s age. We used a nationally representative sample to identify roughly 2.8

Trends 53

Trends Millennials Course Payments 53

PYMNTS

JULY 2, 2018

A 10-year study by the National Endowment for Financial Education shows that millennials who are no longer relying on mom and dad for financial help are more confident and happier overall. But parents still play a vital role in their children’s financial future, says Ted Beck, NEFE’s CEO, according to CNBC.

Millennials 118

Millennials Study Arizona Survey 118

PYMNTS

APRIL 4, 2018

Consumers are changing jobs more often, or working a variety of gig economy jobs – and while that was once considered a millennial working habit, Crenshaw noted, it is increasingly becoming a tendency of American workers in general. Cracking the Chicken or the Egg Issue. There are people who can’t get a checking account in the U.S.,

System 115

System Tools Groups Millennials 115

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

PYMNTS

JUNE 21, 2016

Recent market research performed by the NPD Group revealed that delivery traffic outside of pizza has expanded by 33 percent since 2012. During this time, you can add a promo code, change the suggested runner tip, and choose which card you’d like to use. That’s a hearty slice of the delivery pie.

Resources 102

Resources Operations Technology Boston 102

CB Insights

NOVEMBER 5, 2019

The first is the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial , valued at $150B. While Tencent groups the results of the division with business services (cloud and B2B services), fintech is now driving growth at the social media and gaming giant. Making virtual credit a part of everyday life.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

AUGUST 27, 2018

While the payment and commerce news of the week fell far short of the tragedy in the national news, there were still some rather dark clouds dotting the horizon. Credit card debt made it over the $1 trillion mark in 2017, making it the third non-mortgage lending category to have surpassed the ten-digit mark in measuring consumer debt.

Data 103

Data Cards Millennials Groups 103

CB Insights

JUNE 3, 2020

These include Toast ( which cut 50% of its staff in early April ), TouchBistro ( which furloughed 20% of its workforce in April ), and Square ( card present volume down 60% in final 2 weeks of Q1’20 ). Major firms like the Corcoran Group, Douglas Elliman, Brown Harris Stevens, and Halstead have all laid off or furloughed staff.

Lending 75

Lending Capital Online Marketing 75