Remove Innovation Remove Millennials Remove social media Remove United States
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What You Didn’t Know You Didn’t Know About Millennials

PYMNTS

Millennials as a generation are probably the most speculated and talked-about generation in human history. More seriously, millennials are increasingly viewed as a generation a bit in peril. Millennials Bowl. As it turns out, millennials love sriracha, yoga pants, Netflix, chilling, Snapchat and bowling. There are 75.4

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For Macy’s and Men’s Wearhouse, No Millennial Tux and Tails Tailwind

PYMNTS

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms.

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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. By the year 2020, Gen Z will make up 40 percent of the entire United States population, according to retail consulting firm HRC Retail Advisory. Get ready, retailers.

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The Buyers: Shift In Luxury Consumers

PYMNTS

In the more well-developed areas, like the United States and the European Union, only 53 percent of consumers are buying more luxury goods. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

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Tweet to pay: Is this the future of banks maintaining a competitive edge?

Abrigo

Groupe BPCE, France’s second largest bank (by customers), has utilized the API of the global social media giant Twitter to allow their customers to transfer money via a tweet. This is certainly an interesting innovation, but many bankers may be asking themselves if it’s a practical one.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

Keeping a bank in top shape means fostering innovation. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. An employee doesn’t need to be able to ride a Segway to address innovation. Fintech Houses. Alternative Lenders.

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From Beer To Snack Bars: Using eCommerce To Upcycle Food

PYMNTS

It is finding a lot of success, as might be expected, with people like urban millennials, Kurzrock noted, and similar groups. For promotion, the company is very active on social media and also has events. But it is aiming to create something that is accessible to a broad audience. It also offers banana bites and banana brittle.