PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL. About The Tracker.

Millennials 219

Millennials Payments Retail Apple 219

PYMNTS

JANUARY 28, 2021

Consumers who value financial institution (FI) innovation expressed a desire for a variety of technologies, including peer-to-peer (P2P) payment apps, point-of-sale (POS) credit financing options such as buy now, pay later plans and voice assistant tools. All indicators suggest that these trends are only likely to continue to grow, however.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

AUGUST 6, 2019

The point is that when it comes to wedding planning — especially those put together by millennials, who are finally coming into their own as important consumers — there is always a better way to go about things. All this new revenue is going from the cities where most millennials live to the countryside,” he said. An Idea is Born.

Millennials 120

Millennials Massachusetts Trends Google 120

PYMNTS

APRIL 13, 2016

As both retailers and consumers continue to mature alongside the technology they both use to stay in touch with each other, it’s only to be expected that a good deal from each side figure out ways to optimize digital communications. According to a new study, millennial shoppers already have.

Millennials 100

Millennials Study Retail Analytics 100

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

Independent Banker

OCTOBER 1, 2022

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

Fraud 133

Fraud social media Millennials Examples 133

PYMNTS

MARCH 13, 2020

Brick-and-mortar is instead rapidly changing to accommodate the needs of consumers who have come to expect the same speed and convenience from purchasing through online and mobile environments. In-store experiences must be carefully calibrated to satisfy consumers who are more than familiar with online and mobile browsing.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

OCTOBER 1, 2019

In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power. Both groups show a similar interest in contactless payments – 43.4

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Technology and social media company Facebook is also growing more involved in the sharing economy.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area.

social media 180

social media Payments Millennials Regional 180

Abrigo

JULY 3, 2017

Accountants looking for another reason to justify technology investments in their firms should consider this: The firm’s next generation of business clients are likely to require accounting services that are all or mostly digital. These are among the findings of a recent survey of 1,000 business owners by business payments network Bill.com.

Mobile 150

Mobile Millennials Survey eBook 150

NCR

APRIL 18, 2017

Research has suggested that the answer to that question is a resounding ‘yes’, particularly among the millennial generation. As important as new technologies and digital convenience are, the concepts that millennials value most are freedom and choice. ” Traditional appeal. ” Traditional appeal.

Millennials 75

Millennials ATM Phoenix Study 75

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry.

Online 101

Online Retail Branding Data 101

PYMNTS

AUGUST 19, 2019

In a new PYMNTS interview, Sri Narasimhan, head of strategy, partnerships and business development at LISNR , dug into the findings of new research from his company and PYMNTS on the state of mobile commerce as retailers strive to fully incorporate the evolving technology into their operations and value propositions. Generational Shift.

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. The rise of Oyo comes amid other innovations and disruptions in the world of online travel. Winning Formula.

Online 100

Online Retail Capital Marketing 100

PYMNTS

MAY 31, 2017

The study, conducted via online survey, compared the shopping habits of 1,350 “millennial” shoppers (ages 18 to 41) and shoppers from Generation Z (ages 10 to 17). Generation Z is not only powerful on their own, but they are the ones dragging their millennial parents (who prefer to shop online) back into the mall as well,” Efros said.

Millennials 101

Millennials social media Study Retail 101

PYMNTS

AUGUST 31, 2017

While some well-worn stereotypes of these groups may have truth to them, others are completely off-base, and retailers can’t tailor experiences to shoppers if they don’t know what those shoppers want. Millennials. Consumers born between 1981 and 1997 fall into this group, which includes up to 92.7 million people in the U.S.,

Retail 147

Retail Millennials Study Trends 147

PYMNTS

JUNE 23, 2020

Technology groups have powered the buoyancy of those firms, the Financial Times reported. That group has seen a 129 percent gain and its market capitalization has hit over $14 billion, the Financial Times wrote, over $5 billion ahead of the runner up. percent from normal.

US 175

US Data Comparison Millennials 175

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. They were born into a world with this technology and access,” Parsons said. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

William Mills

APRIL 7, 2016

Observing the financial struggles their parents endured, the millennial generation — those born between the early 1980s to the early 2000s–have developed a different point of view about finances and the financial industry than those of the baby boomers or Generation X. Retirement.

Millennials 40

Millennials social media Video Resources 40

PYMNTS

FEBRUARY 28, 2020

“It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway. trillion market in the U.S. How It Works.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers. They appreciate the hands-on experience of shopping in a store.

social media 120

social media Millennials Retail Study 120

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. And 77 percent of them said that technology makes them feel “more in control.”.

Millennials 40

Millennials Study Retail Community Bank 40

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

OCTOBER 30, 2018

Millennials, in particular, have embraced the digital fitness trend, using sports and health apps more than other age groups. Fifty-four percent of all millennials are likely to buy a body-scanning device, while 46 percent want access to quantifiable data about their health activities.

Millennials 152

Millennials Trends Survey Exercises 152

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

Abrigo

OCTOBER 21, 2019

While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology. Does your financial institution support a culture of innovation and an environment that welcomes new technology? Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

OCTOBER 17, 2018

As NBC News reports, market research firm NDP Group has estimated that overall, people in the United States are eating less frequently, which has been, well, eating into the number of times that they dine out. The boomers are in fact overshadowing the growth that is being seen with the millennial population.

United States 128

United States Millennials Trends Online 128

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. million “real” Christmas trees , as the trade group calls them, with an average price of $75. Now it’s easy to buy a real tree online.”.

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

NOVEMBER 6, 2020

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. For instance, online real estate giant Zillow Group Inc. Also, continued investment in technology is enabling people to do more of their shopping and transacting online.

Video 210

Video Millennials Tools Marketing 210

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. Meanwhile, 35 percent of 18 to 34-year-olds said they would rather make P2P payments using biometric technology, whereas the national average was just 30 per cent.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232