PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households?

Millennials 101

Millennials Study Trends Marketing 101

PYMNTS

MARCH 30, 2016

But just when the last iPods started giving way to entirely online streaming services, millennial audiophiles suddenly fell back in love with vinyl records — a music format they never even knew growing up. How curious, it seems, that a similar thing is happening between millennial shoppers and mobile and physical coupons.

Millennials 100

Millennials Mobile Study Retail 100

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

APRIL 24, 2019

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Putting this into practice would call into question whether or not Airbnb could operate in several state markets — a win for hotels. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

Perficient

FEBRUARY 9, 2021

In marketing and design circles we often measure success in terms of meeting customer expectations. Prior experience, advertising, word-of-mouth marketing, digital interactions and belief in future value to be delivered are just a few of the factors that influence expectations, as we’ll soon see. Signals that Shape Desire.

Meeting 309

Meeting Customer Experience Millennials Branding 309

PYMNTS

SEPTEMBER 30, 2020

Luxury retailers are also targeting millennial and Generation Z consumers to expand their customer bases, with one report showing that millennials accounted for 35 percent of high-end retail purchases, for example. BNPL methods are also growing more popular for certain types of purchases, according to a study.

Payments 279

Payments Millennials Retail Trends 279

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. In the U.S., In the U.S.,

Marketing 115

Marketing Payments Community Millennials 115

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

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million Gen Zers in the market who are eligible to carry credit cards.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

AUGUST 28, 2017

25) that it will implement machine learning credit approval models to determine if it will lend a consumer money as it goes after a segment of the market that doesn’t have a solid credit history. For this study, we worked with ZestFinance to harness the capability of machine learning to analyze more data and to analyze our data differently.

Millennials 104

Millennials Study Lending Customer Experience 104

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

Insights on Business

FEBRUARY 13, 2019

Financial management. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. Day-to-day tasks. Payment methods.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million Gen Zers in the market who are eligible to carry credit cards.

Millennials 101

Millennials Cards Lending Data 101

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

PYMNTS

JANUARY 3, 2020

It seems extra crazy for the education market, considering that the people taking out and paying off college loans today don’t rely much on checks and don’t see paper in their future – in fact, they don’t even see it in their present. Educational institutions are stuck on the same “check’s in the mail” cycle as most of the business world.

Payments 130

Payments Millennials Cards Study 130

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Download the free report to find out how fintech is shaping the future of wealth management and investing.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Yet the trend isn’t without its complications.

Customer Experience 191

Customer Experience Survey Trends Data 191

PYMNTS

DECEMBER 24, 2020

In fact, as the PYMNTS/Visa How We Will Pay 2020 study demonstrates, the transformation of the home into the new connected commerce command center is already underway. And it is not just from their desks — consumers are now doing a lot of shopping and managing their financial lives from everywhere in their homes. The Expert Opinions .

Millennials 206

Millennials Retail Course Report 206

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet.

Millennials 40

Millennials Fraud social media Survey 40

NCR

MAY 11, 2016

Knowing how to make, manage and invest one’s money has long been the key to financial security and stability, but what was once a relatively linear road map for many generations has shifted with Millennials. While buying a home was once seen as one of the biggest indicators of financial success, Millennials now have a different idea.

Millennials 40

Millennials New York Cards Maine 40

PYMNTS

MAY 5, 2020

And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. A new study from Carnegie Mellon University found that liberal return policies can result in an improved customer experience, especially for omnichannel retail. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

JANUARY 31, 2018

is now among the fastest-growing markets for Visa Checkout. Millennials top the list here, as 85 percent have ordered food delivery. Overall, a quarter of those studied have used mobile devices in those transactions. Visa announced news on Wednesday (Jan. The company said the U.K.

Millennials 100

Millennials Online Study Security 100

PYMNTS

JANUARY 21, 2021

Recent studies have found that debit issuers lost approximately $1 billion to fraudsters targeting transactions at the physical POS or ATMs in 2019 — and this was before the ongoing pandemic expanded fraudsters’ opportunities to launch their schemes. A PYMNTS study on U.S. Debit And The Fraud Catch .

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. Mobile Cards: Make or Break?

Mobile 153

Mobile Cards social media Survey 153

Abrigo

JANUARY 13, 2020

Cross-selling to stem “hidden defections” represents huge untapped opportunities for institutions, according to a study by Bain. In a recent whitepaper , Abrigo outlined several tips for refreshing cross-selling practices and leveraging technology to address customer needs through marketing to existing customers or members.

Lending 150

Lending Study Survey Community 150

PYMNTS

JULY 23, 2020

A recent study sheds light on these subjects, polling approximately 1,200 U.S. It found that millennials and Generation Z consumers are seeking installment payment options and that the latter are especially wary of debt. consumers ages 18 to 64 through late February and early March. In this month’s Feature Story, Rocky D.

Payments 181

Payments Report Retail Millennials 181

PYMNTS

OCTOBER 20, 2020

Until recently there was “a consumer” who industry felt it understood, and whose tastes it knew well enough to gauge the market of new products and services. Very recently, the fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa (more from that in a minute) gave new context to the shifters.

Maine 221

Maine Retail Branding Study 221

PYMNTS

AUGUST 4, 2016

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

Samsung 100

Samsung Google Mobile Millennials 100

Gonzobanker

APRIL 3, 2019

It’s not a “Millennial thing.” According to a recent study by Ellie Mae, 92% of all home borrowers research online before applying. Reorganize around the entire customer buying process by consolidating sales, marketing and service, instead of organizing by departments and product lines. So what can GonzoBankers do to keep up?

social media 99

social media Exercises Millennials Training 99

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

Community 170

Community New Hampshire New York Millennials 170

South State Correspondent

AUGUST 16, 2023

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. These are cash flow management tools that send a signal of future problems.

Trends 195

Trends Cards Capital Data 195

PYMNTS

JUNE 28, 2019

Due to this rapid growth, it is forecast that the mobile order-ahead market will reach $38 billion by next year. Moduurn is used by Victoria-based Red Barn Market, a QSR with seven locations. Payment platforms have also been tapping into the mobile order-ahead market. Currently, 60 percent of U.S.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

OCTOBER 20, 2020

These are the results from the latest PYMNTS Apple Pay use and adoption study of a national sample of 2,998 consumers between Sept. Over the last six years, Apple has managed to at least get Apple Pay access into a lot of American hands. Moreover, taken against the entire smartphone market, PYMNTS research finds that 36.4

Apple 133

Apple Payments Study Mobile 133

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87