Bank Innovation

AUGUST 12, 2019

The Royal Bank of Canada is giving its app a millennial makeover and branding the new offering RBC Mobile Student Edition. For customers under 22 years of age, they can opt to download a student version of the app with an interface designed for younger customers. The new app features include financial literacy tools and […].

Millennials 170

Millennials Tools Branding Mobile 170

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. While apps are used for gas station payments by only 4.5 You just have to set it up once.”.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

MAY 26, 2017

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. By some accounts, the recreational activity market is valued at over $250 billion each year. Getting Recreational Programs to Act Like Businesses. In the U.S.,

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

DECEMBER 4, 2020

market as soon as this month. Younger generations are less interested in getting a vaccine, as nearly a quarter of Generation X consumers and nearly 23 percent of bridge millennials are not interested in getting the vaccine. To learn more about consumers’ perceptions and plans for the COVID-19 vaccine, download the report.

Millennials 151

Millennials Data United States Study 151

PYMNTS

NOVEMBER 15, 2019

” report, PYMNTS surveyed consumers to learn how they use the apps of their favorite merchants to enhance their in-store shopping experiences, and what in-app features might entice them to download more apps going forward. The heaviest users are millennials, members of Generation X and bridge millennials. Nearly half (46.3

Retail 128

Retail Mobile Millennials Tools 128

PYMNTS

NOVEMBER 15, 2019

” report, PYMNTS surveyed consumers to learn how they use the apps of their favorite merchants to enhance their in-store shopping experiences, and what in-app features might entice them to download more apps going forward. The heaviest users are millennials, members of Generation X and bridge millennials. Nearly half (46.3

Retail 124

Retail Mobile Millennials Tools 124

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

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. To read the entire newsletter, visit the OCC’s website here.

Marketing 150

Marketing Community United States Guidelines 150

PYMNTS

APRIL 3, 2020

BNPL solutions are the fastest-growing online payment methods in the United States as well as Australia, Brazil, the United Kingdom and more, and their market share is projected to grow at a compound annual growth rate of 28 percent over the next five years. For more on these and other BNPL news items, download this month’s Tracker.

Exercises 165

Exercises Payments Millennials Cards 165

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. Around The Buy Now, Pay Later World.

Industry 167

Industry Millennials Retail Mobile 167

NCR

FEBRUARY 17, 2016

Millennials are broke, burdened with too many college loans and living in their parents’ basements. In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 Actually, they do.

Millennials 40

Millennials Study Mobile Training 40

PYMNTS

AUGUST 4, 2016

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Riders with NFC-enabled mobile phones will be able to download the EASY Card, and for those without NFC-enabled phones, the app will provide a display-generated ticket and one with a bar code.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

DECEMBER 30, 2020

could become an even more competitive market for BNPL solutions in the future. shoppers who have used BNPL options are between the ages of 18 and 34, putting them in the millennial and Generation Z categories. For more on these stores and other BNPL headlines, download this month’s Tracker. .

Payments 276

Payments Trends Millennials United States 276

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Download the free report to find out how fintech is shaping the future of wealth management and investing.

Millennials 73

Millennials Fintech Tools Fraud 73

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

FEBRUARY 25, 2020

Admiring their work, 44 percent said they’d download the mobile card they had just created, presumably trading in their limited and fee-laden legacy bank cards. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

MAY 10, 2017

For wealthy millennials in China, you can add buying an overseas property to the list of useful things a smartphone can do. Using services like Uoolu, users can open bank accounts in foreign countries and then apply for a mortgages in those markets, with the money moving from the buyer’s bank account directly to the real estate developer.

Millennials 101

Millennials Study Regional Survey 101

PYMNTS

OCTOBER 4, 2017

Whether it’s summoning a ride, checking information or downloading music or media, the expected wait time is seconds, not hour or days. Newer FinTech-backed P2P payments services like Venmo and Square Cash have caught on with millennial consumers in particular. billion during the first half of 2017.

Report 101

Report Millennials Payments Trends 101

PYMNTS

JULY 1, 2020

Nearly 44 percent of respondents said they would be “very” or “extremely” interested in downloading it. The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . Such an app could potentially involve as much as $2 trillion in card spending. .

Survey 183

Survey Cards Millennials ATM 183

CB Insights

MAY 6, 2019

Lets talk about the intensely competitive auto insurance market. Download the 39-page P&C INSURANCE report. Download the free report to learn about the biggest emerging trends in the P&C market and strategies to watch for 2019. Wall Street Journal. That leads us to our second item. Power study.

Marketing 53

Marketing Study Trends Millennials 53

Perficient

JULY 20, 2020

Why they download but never use your app? What are marketing personas versus UX personas? Marketing personas define broad audience demographics. Marketing personas pinpoint the demographics of who to target, their affinities, and one key message that might resonate. Why they didn’t react to your campaign?

UX 332

UX Meeting Groups Data 332

PYMNTS

JANUARY 14, 2020

Making the most of those relationships served as the foundation of a new PYMNTS interview with Matthew Carpenter, senior vice president, market director for Elan. Broadly speaking, it seems the follow-up act to the millennial generation – that is, Gen Z – is much more positively inclined toward using credit products of all stripes.

Innovation 160

Innovation Payments Millennials Cards 160

PYMNTS

AUGUST 3, 2017

Some of the strategies outlined in the Task Force report include allowing a market-first approach to governing the faster payments system, greater education efforts for the industry and more research to develop fraud detection systems. Community banks meet the millennial generation.

Community Bank 117

Community Bank Community Report Millennials 117

PYMNTS

NOVEMBER 6, 2017

If millennials are the future of, well, everything in payments, then mobile is the future of everything in payments. But the fact remains that millennials are tethered to their keyboards, of the small-screen size. Those apps, of course, are downloaded and used by consumers via mobile devices. And how can they remain relevant?

Millennials 105

Millennials Mobile Examples Payments 105

PYMNTS

NOVEMBER 28, 2017

Some of the most notable recent changes to the automotive market include the rise of electric-only vehicles , advancements in autonomous vehicle technology , the growth of rideshare companies and built-in vehicle payment tools that enable motorists to use their wheels to pay for parking or gas. The millennial factor. of Gen Xers.

Mobile 102

Mobile Millennials Los Angeles Trends 102

PYMNTS

AUGUST 4, 2017

Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S. Additionally, she noted, that innovation must address the needs of both baby boomer and millennial consumers alike, along with the needs of smaller businesses.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Conservative Approach, Rooted in the Great Depression. Staying in Business, More Than a Century Later.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

FEBRUARY 20, 2020

The findings suggest that the key to doing so is through mobile card apps: Not only has a majority of consumers downloaded the card apps offered by their banks and card issuers, but a significant share of them use these as their primary means of managing and controlling their accounts. About The Report.

Cards 146

Cards Data Management Mobile 146

PYMNTS

SEPTEMBER 25, 2017

smartphone users downloading a grand total of zero new apps each month. The new version of the App Store was crafted to drive more app discovery and downloads through the separation of apps and games, increased investment in editorial content and features like “App of the Day,” which gives exposure to different developers daily.

Google 169

Google Apple Software blockchain 169

PYMNTS

JULY 31, 2017

Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. This inaugural edition of the Tracker covers the most significant recent developments from around the credit union market, including notable innovations, industry partnerships and efforts to challenge and change regulations.

Report 114

Report Innovation Regulation National 114

PYMNTS

FEBRUARY 19, 2020

To find more on these and the rest of the latest headlines, download the Report. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Digital Tools Make B2B Furniture Rental Fast And Flexible. Deep Dive: Keeping Online B2B Shopping Safe And Simple.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

MARCH 10, 2020

Between 2018 and 2019, there was a 162 percent increase in buy now, pay later (BNPL) downloads – rising to roughly six million – of the most popular new “layaway” apps by the close of last year. Many are leaving credit behind, with approximately 40 percent of millennials fearing credit card debt,” the report states.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

MARCH 29, 2018

The users can download the app and start scheduling future rides on the same day. Porsche is working with Atlanta-based Clutch Technologies, which developed the app and already markets a vehicle subscription service in parts of the country. Some subscribers could also use the service as an extended test drive.

Atlanta 123

Atlanta Taxes Millennials Branding 123

PYMNTS

JUNE 22, 2017

Recognizing a market for socially responsible financial tools, digital-first bank Aspiration recently launched a new service to help conscious consumers better understand the social impact of their everyday purchases. The Right Tool for Millennial Shoppers? As of early 2016, SRIs had spiked a third to $8.72

Millennials 117

Millennials Digital Banking Survey Tools 117

PYMNTS

AUGUST 16, 2018

The in-dash fuel payment offering debuts as fresh data paints a sometimes confusing picture of the consumers’ willingness to use mobile technology to buy gas, and as companies scramble to further define — and grab a piece of — the emerging market for connected cars. million Marketplace downloads take place on an annualized basis.

Millennials 102

Millennials Mobile Payments Survey 102

PYMNTS

APRIL 29, 2019

In a new PYMNTS interview with Karen Webster, Don Frieden, CEO of mobile commerce and digital marketing firm P97 , said that offering pumpside delivery of C-store products — pretty much the general model used by carhops — could help those stores grow and evolve to meet the needs of modern, digitally minded consumers. “You

Mobile 152

Mobile Maine Trends Retail 152

PYMNTS

MARCH 8, 2017

Testing Faster Payments in Foreign Markets. other global markets are showing an interest in offering faster and simpler payment solutions to local merchants and consumers. The demand for faster payment solutions could greatly increase as more millennials come of age and become consumers. Beyond the U.K., When the U.K.

Meeting 109

Meeting Payments Millennials Innovation 109