PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations.

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Millennials Digital Banking San Francisco Fintech 132

Independent Banker

FEBRUARY 24, 2015

Texting millennials enters their private zone. Ask permission before texting or emailing them, and don’t abuse the privilege of your direct access with over-communication. Millennials want to be acknowledged. But do community banks know the unwritten rules of successfully engaging with millennials? Seek permission.

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Millennials Community Bank Community social media 70

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally.

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Atlanta New York social media Community 189

Long Lasting Ideas

JANUARY 5, 2015

And at a micro level, how do community banks reach a generation overwhelmed with debt that inhibits wealth? 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. Get out of the office.

Marketing 40

Marketing Millennials Community Bank social media 40

Banking 2020

NOVEMBER 27, 2015

No one understands this trend better than those pesky millennials. The report makes clear that while winning over millennial customers is hard enough, keeping them can be even harder. Some online-only startup, with operations based overseas? At the same time, credit unions chalked up 3% growth in new millennial customers.

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Millennials Survey social media Online 40

Social Assurance

APRIL 4, 2016

Because our quaint little shop operates solely on cash or check payments. In fact, one of our employees, Jordan (who happens to fall into the millennial category) never has cash either. If a business is touting itself on the small business scale, there are valuable dollars to be garnered in the millennial market.

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Millennials Marketing Strategies social media Cards 12

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Neobanks are gaining traction with millennials and the underbanked by connecting to their customers in a way that most banks do not—through the experience. They become students of the game.

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Innovation Fintech social media Knowledge Base 60

PYMNTS

OCTOBER 29, 2018

Facebook … and the Facebook Community. And its future is very much in the hands of a community that thinks differently about Facebook today, with many now thinking twice about how and how often they use it. Meanwhile, operating system upgrades give consumers the benefits of new features on older handsets – for free.

Payments 196

Payments Google Apple Innovation 196

CB Insights

SEPTEMBER 24, 2018

The wellness trends is affecting everything from the way gyms operate to how retailers design clothing to how smart cities are designed. Notably, millennials are more lifestyle-focused, placing a greater value on health and wellness over material goods than ever before. Meet Maya, our hypothetical wellness-focused millennial consumer.

Trends 76

Trends Branding Examples Industry 76

William Mills

MAY 11, 2016

Diana Chin (HR & Operations). Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. The account has a tie into social media and sharing. This is an extension of business services, powered by a local community bank.

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Video Mobile social media Analytics 40

Independent Banker

AUGUST 25, 2016

to boost your community bank’s. social media presence. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. 2016 IB Social Media Leaders. View 2016 IB Social Media Leaders here.

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social media Community Bank Community Video 70

PYMNTS

NOVEMBER 27, 2017

REI opted outside : their attendant social media campaign showed people hiking and enjoying nature while eschewing the crowds at the mall. The retailer also built a social media campaign around rejecting consumerism. Well, at least we know ModCloth is still operating independently according to their values,” “C” noted.

social media 101

social media Branding Retail Millennials 101

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.

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Millennials Industry Branding social media 78

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Community initiatives: Loom (Massachusetts). Dining out. the Future of food report.

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San Francisco California United States CA 69

CB Insights

NOVEMBER 6, 2018

The first image below — taken from Google’s 2017 patent application titled “ Escalation to a human operator ” — shows the operator dashboard showing progress of existing tasks. But there’s a dark side to YouTube’s influencer marketing community. Instagram powers digital beauty brands, moves towards social commerce.

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Google Apple Industry Branding 72

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” 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.). In aggregate, they command $1.3 trillion in annual spending.

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Tools Millennials US Maine 78

CB Insights

JUNE 17, 2020

It’s a sad consequence, but there is no other way [to communicate].”. As technology proves its value to the senior community during the Covid-19 crisis, digital infrastructure is likely to become a permanent fixture of senior care, both in-home and in care facilities. Source: Oxford Medical Simulation.

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Industry Technology Online Video 101