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Boomers Vs. Millennials: Holiday Shopping … In September?

PYMNTS

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Retail sales in November and December are forecast to grow by just 1.3 Retail sales in November and December are forecast to grow by just 1.3 So, what are millennials buying?

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TRENDING: Will Millennials Flock To Next-Day Cash Back Debit Rewards?

PYMNTS

The project also offers financial literacy tools and promotes smart city initiatives in urban communities. Can a cash back program help millennials avoid the debt trap? As it turns out, millennials are more afraid of debt than of death. As such, this generation is driving a greater issuance of debit cards than credit cards.

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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

Indeed, some 88 percent of consumers don’t see a reason to switch to other financial institutions, according to a recent PYMNTS and Green Dot study. In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years.

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‘Digital Shifters’ Taking More Definable Shapes As COVID Clears

PYMNTS

Very recently, the fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa (more from that in a minute) gave new context to the shifters. A recent PYMNTS study found that more than two-thirds of consumers see rescuing Main Street physical retail linked to the economic vitality of their local communities.

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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Home Depot was an interesting case study. Presenters proposed some solutions.

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Are Retailers Ready For Amazon?s Prime Time?

PYMNTS

The PYMNTS Omnicommerce study of 4,000 consumers quarterly on grocery shopping bore that out, reporting that 55 percent of all grocery store shoppers divide their grocery spend between physical and digital channels, and that product and price were the reasons people selected the stores they shopped. Both placed near the bottom of the list.

Retail 156
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Open Banking: Why trust matters

Accenture

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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