PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system. When ‘Wait And See’ Won’t Cut It Anymore.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. CNBC , citing a person familiar with the matter, reported that a Kroger deal could value Boxed at between $325 million and $500 million.

Millennials 128

Millennials Las Vegas New Jersey New York 128

Abrigo

AUGUST 1, 2016

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

Millennials 150

Millennials Survey Risk Management Groups 150

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers. population , according to U.S.

Millennials 109

Millennials North Carolina South Carolina social media 109

PYMNTS

AUGUST 29, 2017

The Financial Times reported news that while homeownership peaked before the financial crisis due to a combination of readily available mortgages and the belief that house prices would only go up, the crash that followed still has an impact on the real estate market a decade later.

Millennials 112

Millennials Regulation Community Trends 112

Jeff For Banks

APRIL 4, 2024

And will their ALCO reports accurately predict what will happen? Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Perficient

AUGUST 31, 2020

What will they expect from an experience given how they grew up under the influence of Millennials (their parents)? a pandemic resulting in: rapidly shifting social and community norms. feelings of personal, family, community, and world ‘ stuckness ‘ So What? But who are they?

Customer Experience 506

Customer Experience Branding Community Millennials 506

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. Millennials are not the only force contributing to the popularity of ESG and impact investing.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

NOVEMBER 5, 2020

Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before. And as compelling as the current eCommerce expansion is, counting out stores is a big miscalculation.

Retail 252

Retail Millennials Online Report 252

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

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Download our Food & Beverage Trends report for a data-driven look at the future of food. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. Report: Digital Lender SoFi Eyes IPO Via SPAC. Trackers And Reports. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 259

Lending Community San Antonio Survey 259

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

New York City 484

New York City social media Community System 484

PYMNTS

JUNE 21, 2017

Financial companies also made it clear that they want millennial banking consumers to get educated about smart investments as well. As more millennials enter the workforce, their influence over the consumer market is poised to grow significantly.

Report 131

Report Digital Banking Millennials Fraud 131

William Mills

MAY 19, 2016

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry.

Georgia 41

Georgia Community Bank Community Meeting 41

William Mills

MAY 19, 2016

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry.

Georgia 41

Georgia Community Bank Community Meeting 41

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. A relationship-based, community focus in a digital world. learn more.

Lending 195

Lending Community San Antonio Survey 195

Banking 2020

JULY 17, 2015

World emoji day: How emoji passwords will obliterate PINs and make bank accounts safer: While a recent report found that 64% of millennials regularly community using only emoji , that doesn’t mean everyone is ready to communicate with their banks using emoji. Would you use emoji to log in to your mobile banking app?

Millennials 40

Millennials Miami Mobile Community 40

PYMNTS

JUNE 1, 2019

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. Co-living opens you up to an instant community and connections. The problem is that co-living isn’t much of a money-saver.

San Francisco 156

San Francisco Millennials New York Wichita 156

PYMNTS

JUNE 26, 2017

A new report from HSBC Private Bank explored how younger entrepreneurs are divvying up their time in new ways to optimize their performance. The report not only finds generational differences among entrepreneurs but geographic differences, too. hours every day on business tasks, the report found.

Millennials 132

Millennials Regional Report Community 132

Abrigo

JULY 3, 2017

Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent. The top technology tools millennial owners desire were cloud-based technologies, online invoicing and digital payments, Bill.com said.

Mobile 150

Mobile Millennials Survey eBook 150

Independent Banker

OCTOBER 1, 2022

We look at community banks’ options for fighting this type of crime. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. “Gen Reports about fraud losses: Millennials vs. people 40+. Millennials. By Katie Kuehner-Hebert.

Fraud 133

Fraud social media Millennials Examples 133

PYMNTS

JANUARY 31, 2020

Reacting to pushback from millennials frustrated with the ubiquity of expensive, traditional alcoholic drinks at professional and personal gatherings, Helena Price Hambrecht and husband Woody Hambrecht created Haus, a direct-to-consumer aperitifs startup with a membership-based business model. The married co-founders have so far secured $4.5

Millennials 108

Millennials Capital Community Regulation 108

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

PYMNTS

MARCH 9, 2020

Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. of consumers report that their primary bank is a digital-only bank (4.2 percent of bridge millennials’ primary FIs are national banks, but 8.1 percent report the same for PayPal. percent and 37.8

How To 232

How To Millennials ATM Fintech 232

PYMNTS

JULY 18, 2018

But for all the undeniable risks, the rewards are numerous and perhaps unexpected, as a more connected world is also allowing community-based organizations like credit unions to connect more closely and credibly with their growing consumer base. 372 million: Estimated property damage (so far) from the Kilauea volcanic eruptions of 2018.

Data 100

Data Millennials Fraud Community 100

PYMNTS

AUGUST 14, 2019

Sure, millennials and bridge millennials use apps the most for planning in-store purchases — 47.9 PYMNTS defines bridge millennials as consumers between 30 and 40 years old. Venturebeat reported that there are 55 million people in America who are 65 or older, which represents about 16 percent of the country’s population.

Innovation 123

Innovation Retail Millennials Mobile 123

Abrigo

JANUARY 13, 2020

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. 42% of “defectors” reported buying from a competitor institution because they received an offer or saw an advertisement. Cross-selling: An efficient growth investment.

Lending 150

Lending Study Survey Community 150

PYMNTS

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The 2017 report from FIS surveyed nearly 500 SMEs in the U.S. That’s bad news for some of the largest FIs, despite a recent uptick in small business lending activity.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

DECEMBER 17, 2020

The COVID-19 vaccine is now out for its first round of distribution among medical personnel and seniors in assisted living communities nationwide. In Houston, according to NPR reports , some medical staff are expressing wariness about actually showing up for their shots. And, from a logistical standpoint, so far, so good.

Houston 169

Houston Alaska Meeting Millennials 169

Abrigo

MAY 22, 2015

The topic of affordable rental housing is likely to be an increasingly popular one in the coming years, given the number of baby boomers expected to downsize as they retire and the rising share of millennials choosing rentals over homeownership. Stiel in a section describing underwriting challenges.

Marketing 150

Marketing Community United States Guidelines 150

PYMNTS

DECEMBER 18, 2020

In doing so, we bring the power of community to buying and selling online. Poshmark reported $192.8 That’s not surprising, as Target reported a 155 percent jump in third-quarter digital sales , while Walmart ’s online sales grew 79 percent during the same period. Experts think that’s one reason ContextLogic stock fell 16.4

social media 232

social media Online Millennials Training 232

PYMNTS

JANUARY 13, 2021

The closely-watched filing should list sometime before the end of the month, according to reports, and it has put a spotlight on the reCommerce category. In doing so, we bring the power of community to buying and selling online. 31 were millennial or Gen Z consumers. What Comes Next.

social media 169

social media Trends Retail Millennials 169

PYMNTS

OCTOBER 20, 2020

She added, “consumers are making these conscious decisions about when, how and where they perform their day-to-day routines, while also reporting that seeing family and friends is the one activity they both miss and value the most.” It’ll be interesting to watch the COVID-era personas develop over time, as more physical businesses reopen.

Maine 221

Maine Retail Branding Study 221

Jack Henry

SEPTEMBER 25, 2019

Most financial professionals would agree that in recent years, we’ve been inundated with articles and reports containing tips and tricks for capturing the loyalty of the Millennial generation.

Strategy 106

Strategy Millennials Report Community Bank 106