PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. There are signs of an emerging mini-genre online that gives advice on what single people should buy at that warehouse store – which, of course, sells items in bulk. Shifting Tide.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. 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. How We Will Pay 2019 is an annual national study of more than 5,000 U.S. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. Get ready, retailers. This falls in line with what we’ve been seeing over the last few years.

social media 120

social media Millennials Retail Study 120

PYMNTS

FEBRUARY 23, 2018

And with its scale in mobile payments and loyalty members, the company is well-positioned for other innovative initiatives. billion in domestic sales — To expand its delivery reach, Taco Bell — along with KFC — has recently tapped Grubhub to provide delivery and online ordering. million active members. Taco Bell’s $9.8

Online 101

Online US Payments Mobile 101

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JUNE 9, 2020

Right now, at least as found recently in the PYMNTS/PSCU collaboration , “Credit Union Innovation Playbook: Challenger Banks Edition,” CUs face some competitive pressures. . Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

JANUARY 15, 2019

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. An inaugural Jan. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. India and Mexico. “We

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. has its own Open Banking initiatives coming into force in 2018, too. As the U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

Jeff For Banks

MARCH 3, 2018

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Online book stores.

Apple 66

Apple Millennials Massachusetts FDIC 66

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

APRIL 28, 2017

According to recent industry research , consumers, particularly millennials that are accustomed to shopping on digital channels, expect merchants like supermarkets to offer technology that gives them more control over their shopping experiences. About the Tracker.

Security 100

Security Software Technology Resources 100

PYMNTS

SEPTEMBER 30, 2019

Not only are millennials turning to self-storage at a higher rate than their parents, he told PYMNTS, but the excess demand means many self-storage operators feel free to skimp on customer service, security and anything resembling even basic insurance. Get ready for more movement, innovation and disruption in this space.

Policies 117

Policies Millennials Industry Operations 117

PYMNTS

MARCH 28, 2017

The current incarnation is the overly fussy millennial mom who has custom-color-change bath beads to test the baby’s water — or the urban lumberjack dad with smart-fabric kids’ clothes that allow him to monitor his toddler’s core temperature while they take their daily walk in the park together.

Innovation 100

Innovation Millennials Technology US 100

Banking 2020

OCTOBER 2, 2015

Luvleen Sidhu, Chief Strategy and Marketing Officer at BankMobile , spoke with us recently to discuss how BankMobile is connecting with a younger audience, specifically college students, to educate and empower millennials. Millennials unfortunately have a -2% savings rate, meaning they spend more than they save.

Millennials 40

Millennials social media Mobile US 40

PYMNTS

SEPTEMBER 15, 2017

I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It is very hard to innovate when you have that many responsibilities and warranties to uphold. Millennials , she noted, tend to enter the credit system with a bang once they start having families.

Fintech 198

Fintech System Lending Cards 198

PYMNTS

APRIL 10, 2018

As it turns out, sixty-three percent of Americans reportedly prefer opening new checking accounts in person as opposed to using a mobile app or online interface, and 50 percent consider online banking “less legitimate” than doing business at a branch. Other things — not so much.

Mobile 101

Mobile Digital Banking Millennials Online 101

Banking 2020

NOVEMBER 27, 2015

When we’re online, we can go anywhere, and surely do. No one understands this trend better than those pesky millennials. The report makes clear that while winning over millennial customers is hard enough, keeping them can be even harder. Some online-only startup, with operations based overseas? So where are they going?

Millennials 40

Millennials Survey social media Online 40

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

FEBRUARY 25, 2020

Quick-service restaurants are teaming with online platforms to let diners receive their favorite menu items via delivery. Here’s just a few examples of how these companies, among others, are innovating with digital ordering: . Krispy Kreme , in one case, plans to roll out nationwide delivery on Feb. 29 per news on Monday (Feb.

United States 130

United States New York City Mobile Branding 130

PYMNTS

OCTOBER 25, 2017

When you’re an innovator and building out a vision for a new category like we are, there aren’t existing companies or products to model after. There is also a lot of room to innovate. In fact, we have recently proven the power of innovation with a major bank in Canada through their mobile banking wallet.

Mobile 100

Mobile User Experience Examples Millennials 100

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. Roughly one in every 10 consumers today uses voice-enabled devices and apps to browse, shop and buy goods online. consumers who documented their shopping and purchasing experiences over a seven-day period in mid- to late-July of 2019.

Report 188

Report Study Meeting National 188

PYMNTS

MAY 27, 2016

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

NOVEMBER 21, 2016

Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. ” This concept considers the role that small businesses play in their local and national economies overall. and other markets.

Lending 100

Lending Meeting National Community 100

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

PYMNTS

AUGUST 24, 2018

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Millennials, whom the company says do not provide a lot of foot traffic to retailers that sell lotto tickets.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

JUNE 21, 2017

Interestingly, a 3 percent increase in Amazon’s stock price was worth about $14 billion – meaning the marketplace excitement generated by Amazon’s announcement essentially made the acquisition of the nation’s sixth-largest grocery store chain a freebie.

Retail 129

Retail Branding Millennials National 129

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The ripple effects of this new model are less activity at ports, lower revenues for the trucking industry and a prediction by the National Retail Federation that this trend of low imports will persist. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

OCTOBER 18, 2016

The Great Recession — and the subsequent tightening of the national belt — pushed Target away from that branding, as low prices became the order of the day for a wide swath of the American consuming public. Those slow-to-the-real-estate-gate millennials are starting to show up at closings in greater and greater numbers.

Trends 100

Trends Millennials Retail Branding 100

PYMNTS

DECEMBER 7, 2016

Silvernest’s Ceo and cofounder Wendi Burkhardt spoke to PYMNTS about this growing sector, its role in the sharing economy and why the focus doesn’t always need to be on millennials for the future of the housing market. Silvernest is an online roommate matching service, specifically geared toward people over 50 years old.

Millennials 100

Millennials US Branding Company 100

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. These gaps between “must-have” and “I use” for financial services has spawned both innovation and competition for the consumer’s retail banking business.

How To 232

How To Millennials ATM Fintech 232

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. The platform recorded 63.7M

Policies 61

Policies Lending Operations Examples 61

PYMNTS

JUNE 1, 2020

Retailers, merchants and grocery stores are advertising curbside pick up for orders placed online, where payment is made by charging payments credentials stored in their apps, mobile wallets, or even in some cases, card credentials stored on file in their Chrome browser. This latest study of a national sample of U.S. population.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JUNE 21, 2016

Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. According to Mintel, one-third of online delivery users would even be willing to accept higher delivery fees if it meant receiving their food faster. That’s a hearty slice of the delivery pie.

Resources 102

Resources Operations Technology Boston 102

CB Insights

DECEMBER 7, 2017

Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies. Eighty percent of those customers were first-time home buyers and millennials were twice as likely to use their product as a competitor.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

SEPTEMBER 11, 2017

CEO Neil Fiske noted market conditions, particularly in the company’s home nation of Australia, remain difficult. Rebuilding Brand Identity Online . With in-store sales dropping but a growing online following, Billabong is rethinking its operations to focus on digitally streamlining operations. Revenue dropped 8.8

social media 122

social media Branding Retail Millennials 122

PYMNTS

DECEMBER 12, 2017

Payments happens online, inside of apps and, increasingly, via a growing portfolio of connected devices, in addition to physical stores. There are wallets and buy buttons and accounts on file at merchants, which customers use to pay online. Seventeen years later, a lot has changed. The Beauty Of The Blockchain.

Payments 151

Payments Cards blockchain Innovation 151

PYMNTS

JANUARY 2, 2017

Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. Prpic noted that these virtual stores could improve on current online shopping setups, which allow customers to easily sort by price and overlook higher-end goods.

Retail 123

Retail Millennials blockchain Mobile 123