Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

Retail 170

Retail Millennials Marketing Strategies Strategy 170

PYMNTS

JANUARY 20, 2020

“While it’s unclear yet if Papyrus’ e-commerce site and wholesale business will remain in operation, the business will be conducting liquidation sales at its stores.”. Millennials to the Rescue. But that doesn’t mean greeting cards are going the way of personalized letter-writing paper or envelope openers.

Retail 183

Retail Millennials Cards social media 183

Social Assurance

APRIL 4, 2016

Because our quaint little shop operates solely on cash or check payments. 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. He ordered a credit card reader for the owner. Like, not ever. Commitment to convenience.

Millennials 12

Millennials Marketing Strategies social media Cards 12

Long Lasting Ideas

JANUARY 5, 2015

A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. How can bank marketers find creative ways to attract those 18-to-29 year old customers? Offer millennials the human touch.

Marketing 40

Marketing Millennials Community Bank social media 40

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. All others operate under special regulatory licenses and/or partner with financial institutions and some, like Revolut, are in the process of obtaining a charter. Millennials. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 21, 2016

“A property manager isn’t going to rent a three-bedroom apartment versus a two-bedroom apartment simply because they accept credit cards,” Villante told Karen Webster. Strike number one: Landlords wouldn’t see any lift from offering their customers the ability to do debit and credit card payments versus making paper check payments.

Software 100

Software Payments Management Cards 100

PYMNTS

MAY 30, 2016

Read on for what they happen to say about the state of their businesses and the local economies in which they operate. Individuals who may not have traditional access to credit — millennials, immigrants, the unbanked, etc. — And it’s not just about paying with a mobile tablet; it’s an experiential and operational overhaul.

Trends 100

Trends Retail Fraud Mobile 100