PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. The line, called Curated by Kohl’s , will do a deep dive into Facebook’s data to identify brands in numerous categories that resonate with shoppers.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

APRIL 9, 2019

Have millennials started starving a segment of commerce in a socially positive way? Added to the list of things millennials are killing — along with homeownership, the institution of marriage and diamond jewelry — is apparently alcohol. Folks in the millennial generation have maybe a better sense of balance. Data from U.S.

Millennials 147

Millennials North Carolina Trends Metro 147

PYMNTS

JANUARY 9, 2020

For example, studies show that one in every five millennials would abandon travel booking processes if their preferred payment method was not offered. Millennials are set to become a significant portion of global travelers (they already are, in fact), so it is critical for platforms to reach them in the channels where they are already.

Millennials 134

Millennials How To Trends Payments 134

PYMNTS

FEBRUARY 10, 2020

Well, as Reynolds Consumer Products President and CEO Lance Mitchell told Karen Webster in a recent conversation, according to the company’s internal data, about 90 percent of Americans have at least one Reynolds product in their homes, and 75 percent have at least three. Moving On Millennials . How good are those odds?

Millennials 181

Millennials Innovation Groups Marketing 181

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: 46 percent of SMBs experienced an increase in demand for their products or services. percent made purchases via mobile in the last 24 hours.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

DECEMBER 4, 2018

The millennial path of destruction allegedly continues, with those young consumers now taking blame for the decline in the popularity of canned tuna — a product that joins a casualty list that already includes diamonds and restaurants such as Applebee’s. Before we get to that, let’s review the newest charges leveled against millennials.

Millennials 136

Millennials Branding Industry Trends 136

PYMNTS

OCTOBER 20, 2016

19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.

Millennials 100

Millennials Study Data Customer Experience 100

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

Millennials 149

Millennials Fraud Report social media 149

PYMNTS

DECEMBER 5, 2019

Demand will be robust, the report said, and with low rates, rising rents and “the ever-expending Millennial population” all contributing to that demand. The data show that millennials’ share of mortgage originations will pass 50 percent this spring — outnumbering boomers and Gen X’ers.

Millennials 137

Millennials Nevada Arizona Georgia 137

PYMNTS

OCTOBER 5, 2018

The stated goal, according to new CEO Jim Brett – is for the brand to build back its audience particularly among millennial shoppers. Selling on their site is by many in retail still considered an opportunity to trade exposure for data, and ultimately come out on the losing end of that deal. You can’t be one price.

Millennials 128

Millennials Retail Branding Mobile 128

PYMNTS

JUNE 28, 2019

Data: 31 percent: Share of consumers who use mobile banking apps more often than other apps. 72 percent: Share of bridge millennials who think mobile apps are important for accessing bank accounts. As found by the Digital Banking Tracker , the younger generation is apt to use apps, especially when it comes to navigating accounts.

Millennials 113

Millennials Digital Banking Mobile Data 113

PYMNTS

AUGUST 23, 2017

As more millennials become adults and baby boomers pass on, these young adults will have larger purchasing power. Just last year, Pew Research Center’s research , which included data from the U.S. Census, shared that the number of millennials (75.4 million) had surpassed that of baby boomers (74.9 million).

Millennials 196

Millennials Industry Groups Study 196

PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

Millennials 162

Millennials Payments Retail Mobile 162

PYMNTS

AUGUST 23, 2016

Credit card issuers will be encouraged by the latest data from The New York Fed. Among the Millennial generation, the level of credit card debt is at its lowest level since 1989, when data collection began. There are plenty of reasons for Millennials to avoid credit cards, including historic levels of student loan debt.

Millennials 100

Millennials Cards Data New York 100

PYMNTS

MAY 10, 2018

The retail torch is being passed to a small cross-section of consumers, where Generation X meets the millennial generation, known as the bridge millennials. Dubbed the “Amazon generation,” bridge millennials are between 30 and 40 years of age, just reaching the prime of their lives as consumers. And that dream is changing.

Millennials 113

Millennials Marketing Data Retail 113

PYMNTS

OCTOBER 5, 2018

The stated goal, according to new CEO Jim Brett, is for the brand to build back its audience, particularly among millennial shoppers. For many in retail, selling on their site is still considered an opportunity to trade exposure for data, and to ultimately come out on the losing end of that deal. The Mobile Millennial.

Millennials 122

Millennials Retail Mobile Branding 122

PYMNTS

JULY 17, 2018

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Millennials are shaping the market more than anyone realized.

Millennials 131

Millennials Payments Metro Montana 131

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

Millennials 101

Millennials Fraud social media Online 101

PYMNTS

MARCH 29, 2019

This Tracker’s Deep Dive explores how The Clearing House ’s Real-Time Payments system is being tapped for bill payments to provide faster processing, better data visibility and increased security. In some cases, clients who send utilities payments may have their services temporarily cut off if the money is slow to reach the companies.

Millennials 178

Millennials How To Mobile System 178

PYMNTS

NOVEMBER 1, 2019

As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers. Bridge millennials are a bit different, however. Bridge millennials engage in 14.1

Millennials 101

Millennials Groups Examples Technology 101

PYMNTS

NOVEMBER 1, 2019

As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers. Bridge millennials are a bit different, however. Bridge millennials engage in 14.1

Millennials 100

Millennials Groups Examples Technology 100

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The And they need customer data — at least some. But how few is “fewer?”.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

AUGUST 23, 2019

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. Both secondhand clothing site Poshmark and sneaker exchange StockX are recovering from recent data breaches, which exposed customer information to fraudsters, though no financial information was compromised.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

MAY 13, 2019

Bleacher Report, a millennial-focused sports website, has been steadily expanding into the sports betting space, attracting a new generation of gamblers who don’t consider sports gambling a bad thing, according to a report by CNBC. There are currently about eight states that have legal sports betting , and that number is expected to increase.

Las Vegas 161

Las Vegas Millennials Report social media 161

PYMNTS

SEPTEMBER 12, 2017

Millennials are making up an increasingly large portion of corporate buying teams, and it’s shaping the way buyers interact with their suppliers, finds the latest research from SnapApp and Heinz Marketing. Separate research released last year from Sacunas also aimed to explore how millennials are changing B2B purchase behavior.

Millennials 123

Millennials social media Case Study Survey 123

PYMNTS

JULY 18, 2017

Turns out millennials are not the different-kind-of-banking-breed some had thought. In a survey held from the end of June into early July and conducted by SurveyMonkey , the web-based survey firm queried more than 1,000 adults above the age of 18, 290 of which were defined as 18- to 34-year-olds: millennials.

Millennials 144

Millennials social media Survey Online 144

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? That number hit 21.3

Millennials 186

Millennials Study Trends Marketing 186

PYMNTS

MAY 10, 2017

The millennial generation is often viewed as the entitled group of youngsters that believe everyone should get a participation trophy, while baby boomers are typically seen as more of a “pull yourself up by your own bootstraps” kind of generation. What makes this even worse is that millennial unemployment is an astounding 11.5

Millennials 135

Millennials Maine Groups Retail 135

PYMNTS

NOVEMBER 30, 2020

Being granted access to their customers’ true geographic locations could give financial institutions (FIs) crucial access to data that could protect consumers’ accounts, especially as more of them use mobile channels to shop and pay. This is especially true for Generation X and millennial consumers, at 37 percent and 36 percent, respectively.

Fraud 171

Fraud Data social media Millennials 171

PYMNTS

MARCH 13, 2017

As retailers across categories fawn over shares of millennial spending power, new insight from market research and analytics firm Slice Intelligence indicates that, in terms of apparel market sales, one online retailer appears to have already won the battle. The data from Slice indicated that the 18-to-34-year-old demographic purchased 16.6

Millennials 130

Millennials Retail Online Analytics 130

PYMNTS

OCTOBER 16, 2017

Millennial hourly wages are higher than those of any other generation, according to the latest data from Paychex. In its latest report, “ The Rise of the Millennial Employee ,” Paychex found that millennial hourly wages have been steadily increasing since 2011, while those of Generation X and Baby Boomers have been steadily declining.

Millennials 100

Millennials National Regional Industry 100

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

AUGUST 10, 2020

The findings also show that the use of new technologies could play a crucial role in personalizing the payments experience for consumers, especially younger tech-savvy generations like bridge millennials and millennials.

Millennials 222

Millennials Data United States Report 222

PYMNTS

DECEMBER 24, 2019

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Sneakers used to be functional, but now, they are part of who you are,” he added. That’s not all. Big Brands.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

OCTOBER 27, 2016

26) new research that revealed over six out of 10 millennials declined for credit are not seen applying again for at least 12 months. A frequently referenced Bankrate.com study reported that 63 percent of millennials do not have a credit card. Fewer than half of millennials, the largest generation of U.S.

Millennials 100

Millennials Cards Analytics Study 100