PYMNTS

MARCH 3, 2020

Two days into outages that hobbled Robinhood , the online financial services company that offers an app primarily used by younger traders, and there are lessons to be learned. That’s, of course, the strategy of a Morgan Stanley, or of a Goldman Sachs, where Marcus is a conduit to moving “downmarket” toward consumer deposits and checking.

Course 187

Course System Millennials ATM 187

PYMNTS

JANUARY 20, 2020

That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. When Amazon was just about selling books online, its competition was the physical bookstore. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. It’s easy to overestimate millennials’ engagement with technology,” he said. and 10 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. In fact, it is getting some new life from eCommerce operators. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

AUGUST 9, 2019

Automating interactions with consumers, of course, translates into fewer staff needed at, say, call centers or onsite in a brick-and-mortar setting, trimming retailers’ operating costs. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

FEBRUARY 9, 2018

With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. They are building mini-golf courses, rock-climbing gyms and other experience-focused facilities. The Millennials. Millennials, in particular, love to buy clothes online.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

DECEMBER 22, 2018

million of them sold last year, and an average price of $107 (artificial trees, of course, can last more than one holiday season; indeed, some are promoted as being able to give 30 years or more of use). It’s always been easy to buy an artificial tree online,” Hundley said. Now it’s easy to buy a real tree online.”.

Industry 134

Industry Millennials National Online 134

PYMNTS

SEPTEMBER 3, 2020

He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. Of course, large retailers, too, are continuing to invest in accelerating their investments in their digital experiences. As he told PYMNTS, “Payments behavior is generational.”.

Payments 262

Payments Security Millennials Retail 262

Abrigo

OCTOBER 4, 2017

Whether this is availability to enroll in online courses or time each day to keep up with evolving news in the industry, creating time and space is vital for supporting well-informed employees. With new millennial hires, it is likely that they will know more about the ever-changing technological landscape.

Strategy 150

Strategy Leadership Training eBook 150

PYMNTS

FEBRUARY 21, 2020

According to Tillster research , in the last 12 months, more than 50 percent of QSR customers ordered online for delivery, and over 51 percent would order more often if delivery was offered. percent of those medium-sized operators offer that option, compared to 4 percent of small operations and 3.4 percent of large operations.

Customer Experience 146

Customer Experience Operations Millennials Online 146

PYMNTS

FEBRUARY 27, 2019

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. Wayfair is among the major online retailers that see renewed value in print catalogs.

Retail 214

Retail Online America Millennials 214

PYMNTS

JUNE 5, 2018

Travel agents and tour operators might seem a relic of the past — as useful, perhaps, as cassette tapes — but an estimated 45 percent of tour bookings still go through those travel professionals, according to Phocuswright , another travel research firm. That’s not to say travel agents have resisted the digital trend, of course.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

JULY 9, 2020

Afridi said the news reflects Truepill’s vision to “unbundle” primary care — which can be critical in an age where roughly 40 percent of millennials do not have a primary care physician. With the five (soon to be six) pharma distribution centers owned and operated by Truepill, the company has embraced a DTC model. “We

Video 187

Video Millennials Company Online 187

PYMNTS

SEPTEMBER 6, 2019

There are worse ways to start a business than what happened when John Tabis was getting direct-to-consumer and subscription flower operation The Bouqs off the ground. That contrasts with the standard model of taking an online order and them routing it to the nearest local florist. “We

Millennials 108

Millennials Course Industry Operations 108

PYMNTS

DECEMBER 28, 2018

When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth in eCommerce, the developing relationship between online and physical stores, a big boost in apparel sales, and the role of mobile in the journey from browsing to purchase. Online shopping grew 19.1 But that’s not all.

Retail 156

Retail Trends Course Online 156

PYMNTS

JANUARY 25, 2021

The FinTech, tabby , intends to use the funds to improve its lending and engineering capabilities and scale its product, which currently helps consumers in the UAE and Saudi Arabia pay off purchases made with domestic and global merchants’ operations in the countries. Find more on these and the rest of the latest headlines in the Tracker.

Payments 185

Payments Tools Retail Cards 185

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

AUGUST 1, 2019

I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. Worst Ever Hotel in the United States and Even in the Milky Way,” read the tagline on one online review , in a sentiment that was about par for the course at the old Allen Lee.

Washington 109

Washington New York Millennials United States 109

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. managing director at Melissa, told PYMNTS. Bill Marvin , CEO at J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

MAY 13, 2019

Perhaps the biggest story in P2P, though, is the ongoing battle between P2P providers Zelle (operated by Early Warning Services ) and Venmo (owned by PayPal ). Venmo processed $21 billion in total payment volume during the first quarter, and is on pace to process $100 million over the course of the year. P2P Marketing.

Payments 198

Payments Apple Cards Course 198

PYMNTS

MARCH 15, 2018

Incidentally, none of these methods are any better or worse than the others if the goal is to pick a perfect bracket that correctly predicts the course of the entire tournament. The average American is far more likely to win an Academy Award, be elected President or find several four-leaf clovers over the course of their lifetime.

Payments 108

Payments Millennials US Fraud 108

PYMNTS

JUNE 5, 2018

When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item. Millennials don’t see distinctions between fashion, music, content and commerce,” said Krishna Nikhil, SSENSE’s chief merchandising officer told The Wall Street Journal ( WSJ ).

Branding 116

Branding Millennials Retail Online 116

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

SEPTEMBER 30, 2019

We here at PYMNTS will leave it to others to hash out the truths of that view, but here is one thing we know: All that stuff is creating a tremendous opportunity for self-storage operators, especially those who know how to get the attention of younger consumers. Nearly 10 percent of people in the U.S.

Policies 117

Policies Millennials Industry Operations 117

PYMNTS

SEPTEMBER 4, 2019

In an interview with PYMNTS, Richard Noguera , chief information security officer at Yapstone , discussed the findings of the playbook titled “ Meeting the Millennial Need For AI-Powered Visual Shopping.”. And, done right, maybe a few clicks on a buy button, too. Otherwise, ‘leave me alone,’” he said.

Millennials 110

Millennials Data social media Analytics 110

PYMNTS

JANUARY 14, 2019

Of course, last week was also the long-anticipated swan song for the nation’s second oldest U.S. To save physical retail, anyone who wants to operate a physical store must convince consumers that it’s worth their time to—how’s this for an insight?—go retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JUNE 26, 2020

Introducing open banking principles has not been without friction, however, with banks and consumers concerned over how this sea change will affect FIs’ daily operations. All of this valuable data needs to stay out of the hands of fraudsters and other bad actors, of course. Open Banking Prevents Data Exposure.

System 198

System Data Security Examples 198

PYMNTS

AUGUST 6, 2018

LevelUp is front and center on the Chase site as its partner for online ordering using Chase Pay and Chase Commerce Solutions (aka Chase Paymentech). That model — aggregating menus from local restaurants in one place and enabling easy online ordering from that online platform — remained Grubhub’s mainstay over the next decade.

Online 125

Online Branding Mobile Millennials 125

PYMNTS

MAY 4, 2020

The fifth PYMNTS study of consumer behavior before and during the course of the pandemic, now encompassing a national sample of more than 12,000 consumers as of April 27, shows that nearly two times as many Americans have little or no interest in leaving their homes to reengage in the physical world as those who do. percent from 35.5

Study 209

Study Online Course Millennials 209

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said.

Cards 169

Cards Course Study New York 169

PYMNTS

OCTOBER 9, 2019

H owever, nothing is easy in life (your parents were right) and that nugget of wisdom served as a central theme of a recent PYMNTS discussion with Rakan Alhassan, operations and marketplace director at UReed. Among the main challenges? The reliance on cash in many of the markets served by UReed, Alhassan said.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

NOVEMBER 12, 2018

Connected devices are becoming ingrained in consumer shopping habits: More than 50 percent of shoppers made online purchases in seven of 13 product or service categories in the past seven days, according to the PYMNTS How We Will Pay Report , while 20 percent went online with mobile apps to buy food to eat at home.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. The numbers tell a story of ongoing growth and more consumer acceptance. million U.S.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Take PayPal, for example. She thanked me profusely for shopping small.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

MAY 25, 2017

Broadly speaking, said the CEO, “there has been a tremendous amount of technology innovation in restaurants and certainly that has been the case with things like online ordering, online reservations.”. Mistakes can be made along the way of course, and time is of the essence.

System 112

System Technology Innovation Tools 112

PYMNTS

APRIL 13, 2018

Stresses in the retail sector have weighed on the operating earnings of department stores, discount stores and drug stores in particular,” Sharon Ou, a Moody’s senior credit officer, said in the report. There is, of course, a lot of 2018 left, and the retail picture in the U.S. Now you can buy a Sears store online.

Retail 116

Retail Course Washington Marketing 116