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. It also found that while 50 percent of this group makes online purchases, 60 percent visit malls once a month with the intention of buying an item. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

APRIL 10, 2020

All that is starting to change, especially as more consumers turn to social media to seek support from their insurers, or even air their grievances. “So, v has yet to build out support for more innovative mobile disbursement methods, but it does have the technical capacity to do so. v , said in a recent interview with PYMNTS.

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Online Resale. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.

Millennials 150

Millennials Mobile Florida Lending 150

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production. It’s a great storytelling platform,” Galipeau told Fortune.

Millennials 100

Millennials South Carolina social media Oregon 100

PYMNTS

JUNE 10, 2019

One of the takeaways from the Platform Economy Playbook is that amidst tech innovations like artificial intelligence (AI) to help personalize clothing selection and speed up delivery and social media-powered commerce, customer service has become a differentiator.

Online 111

Online social media Retail New York 111

Accenture

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low.

social media 151

social media Millennials Online Fraud 151

PYMNTS

MARCH 19, 2018

For this reason, Eleven James offers a program which will allow watch owners to submit pictures of their timepieces online. The Market and Millennials. Eleven James may also appeal to millennials, who don’t have that ownership mentality. Millennials currently make up about a third of the U.S. The Road Ahead.

Millennials 146

Millennials social media Retail Maine 146

Accenture

APRIL 26, 2017

For years, we’ve heard people proclaiming the demise of the bricks-and-mortar bank branch, supposedly swept away by customers’ mass-migration to online and—increasingly—mobile alternatives. But as our latest UK banking consumer survey— Beyond Banking —confirms, there’s still plenty of life in the bank branch.

Millennials 233

Millennials social media Innovation Study 233

PYMNTS

APRIL 20, 2018

As Facebook tries to bring post-millennials onto its platform, the social media network appears to be at work on a feature geared toward high school students. In creating that app, the social media giant said it consulted child development and online safety experts, as well as parent/teacher groups and thousands of parents.

social media 104

social media Millennials Video Mobile 104

PYMNTS

MARCH 30, 2020

But, as the just-released PYMNTS “ Commerce Connected Playbook: Retail Innovation Edition ” indicates, the interesting thing to watch is not that digitization is happening, but how it is happening. They see things on social media, they have been reached through direct marketing, email marketing, text marketing, etcetera about a product.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. In all cases, you’ll see the actual fare for a specific set of tickets that you could have bought online rather than an average or aggregate, according to Google.”. The travel industry also is the site of recent retail-oriented innovation.

Google 144

Google New York social media Retail 144

PYMNTS

AUGUST 11, 2017

The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z. With 56 percent of millennials around the world looking to spend more money on luxury items this year, according to YouGov’s “ Affluent Global Perspective Study ,” the industry may have a tough time on its hands.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

AUGUST 17, 2017

While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online.

Retail 127

Retail social media Online Mobile 127

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. 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.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

OCTOBER 21, 2019

“As the retailer has dealt with deteriorating finances and a heavy debt load, it has been facing fortified competition from larger retailers that have the resources to invest in their online businesses,” that report added. The move comes amid growth in the larger maternity market, however, with sales of that apparel expected to reach $7.7

Trends 101

Trends Retail social media Online 101

PYMNTS

AUGUST 17, 2017

While one day a teen may be into shopping strictly online, another day may see an offline preferred experience or a mixture of both, and retailers must be at the ready to transform engagement efforts at any given time. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online.

Retail 114

Retail social media Online Mobile 114

Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today. Ally Financial Inc.’s

Retail 170

Retail Millennials Marketing Strategies Strategy 170

PYMNTS

SEPTEMBER 12, 2018

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. million followers across social media channels, it seems fair to assume there are more people who would like to join.

social media 101

social media Branding Millennials Groups 101

PYMNTS

DECEMBER 30, 2020

College-educated shoppers also outpace those with only high-school degrees or less, while bridge millennials, millennials and Generation Zers expressed greater interest than Gen-X and Baby Boomers did. Nike’s digital engagement goes beyond merely selling products online. For example, 43.9 percent who earn less than $50,000.

Branding 257

Branding Millennials Retail social media 257

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Bank Innovation

DECEMBER 18, 2018

Invest in mobility Any millennial will […]. As a result, every investment has to count, and every piece of content has to make an impact. Today we’re discussing five keys to effective financial content marketing that can help your institution get plenty of bang for its buck.

Marketing 170

Marketing Millennials Community Mobile 170

PYMNTS

SEPTEMBER 13, 2019

Which meant that when Sakkijha was looking to launch her own fine jewelry brand online four years ago, she decided to focus on a central innovation that she felt shouldn’t be all that radical of a concept: designing, marketing and selling jewelry to the woman who will actually be wearing it.

social media 129

social media Branding Millennials New York 129

PYMNTS

JUNE 28, 2017

From their affinity for brunch (and avocados on toast ) to their attachment (uncorded, of course) for subscription services , it’s no secret millennials have some significant spending differences compared with older generations. Focusing on mobile millennials. That can be a tremendous help. Keeping up with what’s next.

Millennials 108

Millennials Security Mobile social media 108

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. According to the Technomic survey , consumers are particularly hungry for innovation in fast-food and fast-casual settings, with 89 percent of respondents saying they wanted more payment options at those businesses.

social media 100

social media Survey Retail Technology 100

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. One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform.

Marketing 115

Marketing Payments Community Millennials 115

Bank Innovation

OCTOBER 22, 2018

Thanks to a large unbanked population and growing importance of the millennial customer, the digital-first bank business model is spreading not just in developed economies but also emerging markets like those in Asia.

Report 150

Report Millennials Community Marketing 150

Bank Innovation

MAY 16, 2016

Personal finance management and investment apps — Level Money, Acorns and the like — have gained popularity among millennials, who seem to enjoy the added control over their finances through smartphones. But on the investor side, the hype over these apps is cooling off, according to Tanya Ladha, senior manager at Read More.

Millennials 210

Millennials Management social media Operations 210

PYMNTS

JANUARY 15, 2019

In addition, the firm said that it is launching the second phase of its advertising campaign known as “Money is Changing,” and where the campaign will train a spotlight on millennial women, with focus on steps they have taken to tackle and overcome money-related challenges. For example, Simon said, the Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

JULY 24, 2019

And it’s not just millennials. I know that [the space often] gets lumped with millennials, but it’s really cross-generational. IfOnly continues to innovate its platform, though, especially when it comes to payments and social media channels. “There’s no question that the experience economy is here,” Boris said.

Case Study 110

Case Study Study Mobile Millennials 110

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

APRIL 30, 2018

QVC President and CEO Mike George said when the deal was announced,“By creating the leader in discovery-based shopping, we will enhance the customer experience, accelerate innovation, leverage our resources and talents to further strengthen our brands, and redeploy savings for innovation and growth.

Branding 129

Branding Millennials Retail social media 129

Bank Innovation

SEPTEMBER 22, 2016

Debitize, a startup helping millennials build credit without using credit (we’ll explain), reached a significant milestone last week and released a new product this week. The milestone is $1 million “debitized.”

Millennials 150

Millennials Cards social media Online 150

Insights on Business

APRIL 28, 2017

Recently, new digital technologies – driven by cloud, mobile, social media and analytics – have significantly lowered entry barriers and put customers much more at the center of the banking relationship. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.

Digital Banking 171

Digital Banking User Experience Branding social media 171

PYMNTS

JULY 4, 2018

Winnie – like so many tech innovations – started out as an attempt by its two co-founders to solve their own problems. The first iteration of that expansion, which has been rolling out over the last few months, has been a series of online communities where parents can ask questions and participate in discussions. “A

Google 115

Google social media Community Capital 115

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