PYMNTS

JULY 13, 2018

It has made the millennial generation of women — either entering or settling into their prime spending years — something of a unique class of citizens when it comes to financial services. Millennial women are evolving into very [a] different relationship with money,” said Reilly. I think we are at a tipping point.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet.

Millennials 109

Millennials Marketing Taxes Data 109

Bank Innovation

MAY 16, 2019

KOHO, a Toronto-based digital banking startup, has raised C$42 million (US$31 million) in a Series B round to add new products and services. KOHO, with its millennial friendly aesthetic and messaging, currently offers its users debit cards, personal finance management tools and cashback features.

Millennials 186

Millennials Digital Banking Tools Innovation 186

PYMNTS

MAY 24, 2019

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation. The clothing rental market in the United States is projected to reach $4.4

Innovation 134

Innovation United States Online Millennials 134

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Walmart also has said it wants to us AI to enable workers to fix problems and restock items efficiently. The AI revolution is slowly unfolding, and retail will play a big part in that.

Retail 184

Retail Innovation Examples Online 184

NCR

MAY 18, 2017

One concept that looks as if it will have a big part to play in the evolution of the sector over the coming years – particularly in the US – is person-to-person payments. That proportion rises to 62 percent of millennials. The post US millennials driving P2P payments growth appeared first on Banking.com.

Millennials 45

Millennials US Payments America 45

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. The opportunity is us to open in some of these unexpected locations,” Neighborhood Goods CEO and Founder Matt Alexander told PYMNTS.com in an interview.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

Banking 2020

APRIL 24, 2015

Study: improved security is key to success for mobile banking: A recent survey from RateWatch revealed that while mobile banking may be struggling to attract new customers, those already using it are doing so more often. Millennials: Are they really that different?: Let us know in the comments section below or Tweet @bankingdotcom.

Millennials 40

Millennials Innovation Security Mobile 40

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Millennials Were Black Friday’s Big Spenders in 2019. Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JANUARY 16, 2020

Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth. BNPL is not a new payment method.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

Abrigo

MAY 11, 2020

Banking technology has long been associated with the preferences of Millennials , or Gen Z, but Dave Koch, Managing Director of Advisory Services at Abrigo, says that some institutions might have boxed themselves in with that narrow way of thinking. The PPP has exposed many areas where technology excelled over traditional processes.

US 195

US Lending Community Technology 195

PYMNTS

AUGUST 26, 2019

Also, Kohl’s is teaming up with Facebook to capture the attention of millennials, and world bankers met to discuss whether a new cryptocurrency would be better than relying on the dollar as a global reserve company. Despite Meeting Swiss, US Lawmakers Remain Libra Skeptics.

US 109

US Millennials cryptocurrency Fraud 109

Banking 2020

FEBRUARY 20, 2015

Millennials likely to embrace nontraditional services: According to a recent survey conducted for FICO, millennials (aged 18-34) are more likely to use nontraditional services like Apple Pay or Google Wallet, proving that banking alternatives have the potential to grow rapidly if properly designed and executed.

Millennials 40

Millennials Innovation Mobile Samsung 40

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

DECEMBER 6, 2018

The big idea is that this is teaching us to think differently,” Gass noted in a recent interview. Gass’ hope is to help push the Kohl’s base lower, as she is looking to draw millennial customers to the brand as their new go-to location for merchandise of all kinds.

Millennials 109

Millennials Branding Milwaukee Retail 109

PYMNTS

SEPTEMBER 23, 2017

For all the plaudits disruptive innovation gets, it is easy to overlook how hard it is to achieve. While it’s an exaggeration to say there is nothing new under the sun, it’s actually not that big of an exaggeration in the innovations realm. But, sometimes, the innovation just really whiffs. The iPhone 8 springs to mind.

Innovation 102

Innovation Millennials social media Trends 102

PYMNTS

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Conservative Approach, Rooted in the Great Depression. Staying in Business, More Than a Century Later.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

APRIL 24, 2017

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

DECEMBER 24, 2020

Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. You've got an industry that's one of the biggest sectors on the planet in terms of dollar flow, but you've got players who face the pretty classic innovator's dilemma,” he said. All told, it’s risen 363.6

US 230

US Company Report Payments 230

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Fraud Issues Stemming From Paper Check Use.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

DECEMBER 22, 2016

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

Innovation 100

Innovation Payments Regulation Industry 100

PYMNTS

JUNE 9, 2017

In an interview with PYMNTs after a webinar by the pair titled, “Financial Services Innovation — The Risk of New vs. Nothing,” John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, managing director at FinTech Forge , discussed the challenges and rewards of embracing change, even as firms are mindful of what works.

Innovation 109

Innovation Compliance Technology Data 109

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. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

Accenture

APRIL 26, 2017

Given that this trend is coinciding in with an ongoing shift by younger consumers towards more innovative channels—the likes of wearables, social media and instant messaging—it’s possible that the continued strong usage of branches is a transitory effect. So, what does the research tell us? But our study gives no indication of that.

Millennials 235

Millennials social media Innovation Study 235

PYMNTS

APRIL 13, 2017

Technology and conventional wisdom can get things horribly wrong at the intersection of tech-driven innovation and commerce. Discussion over the ways to embrace and promote innovation — especially as it pertains to connected devices — spilled over into the investment and artificial intelligence realms as Prof.

US 102

US Innovation Data Security 102

PYMNTS

OCTOBER 7, 2020

“Gucci is raising the bar not only for the fashion industry, but for all companies by continuously innovating to make its business more sustainable,” said Julie Wainwright, founder and CEO of The RealReal. Gen Z, millennials and men are the new faces of luxury shopping, and the brands in tune with what they want are rising to the top.”.

Branding 203

Branding Millennials California Data 203

PYMNTS

OCTOBER 24, 2016

The image of the startup carries with it thoughts of high-flying product design teams, funding rounds and innovations that change (maybe) the very fabric of our lives. Startups — coming by the dozen, as fast as can be minted by entrepreneurs in Silicon Valley and Silicon Alley. Imagery does not always equal reality, of course.

US 100

US United States Course Millennials 100

PYMNTS

MARCH 5, 2019

Our stores are a key asset and differentiator for Kohl’s, we continue to innovate to make them more relevant and compelling for our customers,” Gass said in the call. Rewards and Millennials. And, to help reach millennials, the company has rolled out a “millennial initiative” to bring consumers in this demographic to its stores.

Millennials 148

Millennials Philadelphia Chicago Retail 148

PYMNTS

SEPTEMBER 11, 2018

These stores … will really help us further consolidate our share as we move forward.” ” Reuters reported the new stores will showcase Samsung mobile devices, as well as other consumer electronics products and the latest innovations from the company. So we are very much focusing on millennials who cannot afford the flagship.

Samsung 100

Samsung Millennials Mobile Innovation 100

Let's Talk Payments

APRIL 22, 2016

Millennials constitute more than a quarter of the US population. That is why companies across industries are turning their priority and attention to creating products which can cater to this.

Millennials 40

Millennials Mobile US Industry 40

Perficient

JANUARY 12, 2021

Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions. This hyper-accurate scan maps your foot morphology and is available for use for both online and in-store purchases. So, is now the time for AR?

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

JULY 23, 2019

million) in the latest round of funding from the Board of Banking Competition Remedies (BCR) Capability and Innovation Fund. Innovation is growing in the small business and payments area, and “the next 12 months will be key,” Barnett said. . “We that caters to millennials, has raised £50M ($62.4 Ireland, Nordic and Baltics.

Millennials 144

Millennials Innovation Fintech Lending 144

PYMNTS

NOVEMBER 15, 2016

Of those surveyed, only 32 percent of customers in North America reported ordering food using a mobile device in the three months prior. This doesn’t mean that North American customers aren’t pining for mobile ordering options — especially the millennial market. While the U.S. But the scales in the U.S.

Technology 100

Technology US San Francisco Survey 100

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130