PYMNTS

SEPTEMBER 11, 2019

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

MAY 6, 2016

Last year, researchers confirmed that millennials are now the largest demographic of the U.S. From the BYOD and enterprise mobility movements, to changing habits in how millennials apply for their jobs in the first place, a younger workforce presents knock-on effects for the entire corporation. Take, for instance, payroll.

Millennials 100

Millennials Mobile Survey Meeting 100

PYMNTS

JANUARY 12, 2021

Demand among businesses — especially smaller firms — skyrocketed as they attempted to blunt revenue challenges and keep their operations above water, but these companies faced numerous hiccups when securing financing. Instant Payments and the Millennial Push. The Disbursements Expectation Catch.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

NOVEMBER 17, 2017

For example, that figure includes a full 30 percent of Americans who don’t carry or use a credit card at all. Among millennials, that number drops below 30 percent. Millennials don’t have credit cards because they don’t have FICO scores, or at least not the kind of FICO scores that inspire issuers. “If to be exact).

Millennials 104

Millennials Cards Lending Payments 104

PYMNTS

OCTOBER 4, 2020

Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. The trend has grown in recent months.

Google 257

Google San Francisco Capital Millennials 257

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. The results were surprising.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. The results were surprising.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

NOVEMBER 9, 2020

But expectations have changed dramatically, and shrewd physical store operators need to respond accordingly. The payment options merchants accept impact consumers’ willingness to shop in store for 69 percent of bridge millennials, 70 percent of millennials and 71 percent of Gen Z consumers.”. With the U.S. Walmart gets it.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Robinhood ($20 Billion+) .

Marketing 198

Marketing Company Online Management 198

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. For example, there are teams focusing on: Onboarding and Enchantment. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. Social-based marketing.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. For example, luxury buyers tend to be more affluent and less likely to cut their spending during economic downturns.

US 206

US Retail Millennials Trends 206

PYMNTS

NOVEMBER 27, 2019

The bigger the IT budget, it would seem, the more can be spent on bringing innovation to market that grabs consumers’ minds and wallets. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology. Increasingly, technology itself promotes a personalized experience.

Innovation 215

Innovation Millennials Technology Examples 215

NCR

NOVEMBER 9, 2017

For example, 59 percent of millennials have made a peer-to-peer (P2P) digital payment via a mobile device, compared with just 34 per cent of adults across all age groups. In addition, 37 percent of millennials said they would like to use biometrics in tandem with a banking app, compared with just 31 per cent of adults overall.

Millennials 40

Millennials Mobile Maine Survey 40

NCR

JUNE 29, 2016

Turns out that was just a preview: Another Facebook executive, EMEA operations chief Nicola Mendelsohn, recently predicted that within five years Facebook “will be definitely mobile, [and] it will be probably all video.”. And it has to do with the dreaded ‘m’ word: Millennials. It’s always been that way. This is the new normal.

Millennials 45

Millennials social media Video Tools 45

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

DECEMBER 11, 2019

Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20 percent decline in operating income. That trend will benefit some department store brands — Nordstrom and Macy’s with their respective Rack and Backstage offerings, for example.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

FEBRUARY 11, 2019

At the time, Craigslist was the only real market for rentals. On the other side of the market, Cavins noted that there are more than 18 million registered RVs. and wants to make a trip to Key West, for example, Cavins said she is probably not going to drive the vehicle all the way to her final destination.

San Francisco 219

San Francisco Millennials Miami America 219

PYMNTS

JUNE 12, 2017

Is the gig economy only for millennials? Consider a recent article in The New Yorker that focused on the range of person-to-person transactions in gig work — everything from hanging pictures to renting out rooms to strategizing marketing campaigns. We are seeing this embraced across all types of verticals.” What are they to do?

Millennials 154

Millennials Video Examples Company 154

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

PYMNTS

JULY 23, 2018

The company decided to create the team after research showed that many consumers in the local market would not want to assemble furniture on their own, The Wall Street Journal reported. Beyond assembly services, the new location will also stock products that are geared toward the preferences of the local market.

San Francisco 100

San Francisco New York City Millennials New York 100

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. The latest QSR earnings report comes amid massive technological changes in that world as restaurant operators seek to improve all facets of their operations via mobile and digital technology.

Mobile 101

Mobile Operations Trends Millennials 101

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why are they doing so well? The barriers ahead.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

NOVEMBER 5, 2019

Luxury fashion resale platforms are gaining traction as they focus on sustainability and partnerships, with The RealReal ’s third-quarter earnings serving as the latest example of growth in the space. Wainwright noted that the first step in automating its inbound operations involved pricing. Retail Partnerships.

Millennials 101

Millennials Retail Exercises Branding 101

PYMNTS

JANUARY 29, 2020

Louis, Missouri-based Together Credit Union , which operated under three separate names — American Eagle Credit Union, Anheuser Busch Employees’ Credit Union and Purina Credit Union — until late last year. Their consolidation helped solidify Together Credit Union’s position in the financial market, but its competitors have not backed off.

St. Louis 130

St. Louis Missouri Survey Kansas 130

PYMNTS

JUNE 27, 2019

territory, in fact, is the latest example of regulators and politicians to get their hands around the sharing economy, which continues to grow even as such services are beginning to lose their novelty. is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.”

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

APRIL 30, 2019

He noted a recent survey that found 50 percent of millennials, 40 percent of Gen X and 20 percent of baby boomers have indicated they are “more likely” to visit stores with intelligent retail or automated checkout facilities than standard retail outposts. For example, in the U.K., The Changing Retail Footprint.

Retail 138

Retail Data Operations Payments 138

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. 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 19, 2020

For example, original equipment manufacturers (OEMs) spend an average of 57 days waiting. Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. Sellers suffer, too, frequently undergoing long waits to receive compensation.

Mobile 197

Mobile Online Payments Tools 197

Long Lasting Ideas

JANUARY 5, 2015

Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. How can bank marketers find creative ways to attract those 18-to-29 year old customers? Go to where millennials are and find out the trends that are popular among them.

Marketing 40

Marketing Millennials Community Bank social media 40

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 10, 2020

It also limits the growth possibilities of microbusinesses that need funds to acquire new clients and to invest in their operations. . Those payors operating in sectors where the costs of switching to a competitor are low, however, recognize that they may have to make instant payments available for free. . This is what we found. .

Report 228

Report Payments Millennials Cards 228

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.”. Ultimately, that benefits the market space,” he said, because it might spark a consumer’s impulse to click their way through to purchase.

Millennials 110

Millennials Data social media Analytics 110

PYMNTS

MAY 14, 2020

According to Rich Bergsund, Wine.com CEO, the company has hired more than 500 people for its operations, customer service and live chat recommendations teams, while moving others to same-day shipping and a seven-day-a-week business cycle. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

JANUARY 21, 2020

One of the biggest questions that promises to play out in the larger world of restaurants — whether quick-service operations or others — is who will ultimately own their customers, and whether those businesses can get them back once they are lost to third-party delivery services and aggregators. The risk is even wider than that.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

FEBRUARY 27, 2018

In all, it operates in 400 cities in North America and reveals all the choices a consumer has for a ride — giving exposure to smaller rideshares, as well as Uber and Lyft. Business travelers, in particular, might not be aware of a local rideshare company when they land in a new city, for example. Target Market. Surge Pricing.

Tampa 103

Tampa Millennials San Diego Illinois 103