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

FEBRUARY 14, 2020

“We went public when we had about 100 retailers signed on and 30,000 customers, so really early in the process. And we know it was a high-risk move to go public that early, but we saw it as a great path to gaining sufficient liquidity to be able to really keep us in the game and able to grow.”. 18 months ago, in the U.K.

Millennials 159

Millennials Retail Management US 159

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

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

APRIL 26, 2019

Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

Branding 123

Branding Retail New York New York City 123

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. And hackers have managed to hit about 1,200 InterContinental Hotel locations in the U.S. — and yes, this looks like card data breach. Ready to jump in? BJ’s on the Block (and Amazon Is Scoping the Territory).

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 18, 2016

And though you might be tempted to write this off as a theory developed by this writer spending way too much time around sitcom families, please note that Father’s Day offers us a unique opportunity to quantify the difference with a number. In fact, recent data from Mintel indicates that millennial dads could be the future of retail.

Millennials 100

Millennials social media Data Report 100

PYMNTS

DECEMBER 24, 2020

billion — not bad, but far below what other major online retailers are seeing. Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. This allows us to now, publicly, showcase the progress we've made as a company.". GoodRx ($12.7 All told, it’s risen 363.6

US 230

US Company Report Payments 230

PYMNTS

MAY 21, 2020

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful retailers are releasing. percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future.

Millennials 171

Millennials Survey Online Retail 171

PYMNTS

SEPTEMBER 23, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Sequoia, Andreessen Horowitz and 9Yards Capital are among some of the backers providing the new funds. In July, Robinhood scuttled plans to roll out a stock trading app in Britain.

Arizona 178

Arizona Customer Experience Texas Millennials 178

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. He noted that New York was a “natural choice” as it is “the most vibrant, dynamic city in the US.”

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

FEBRUARY 26, 2019

According to a report in Fintech Futures , HSBC started the beta test with 15 retailers in Hong Kong. They can now accept payments from customers that use HSBC’s eWallet. In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in.

social media 178

social media Millennials Fintech Retail 178

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. Pay over time — and with interest, Anthony Eisen, CEO and managing director of Afterpay , noted in an interview with PYMNTS.

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

MAY 25, 2018

Frequently breaking down or not, the brand managed to spread. Portland, Seattle, Lexington, KY, New Orleans, Brooklyn — the list goes on, but it is safe to assume that if the city has a reputation for attracting millennials, it probably has a Marine Layer store somewhere nearby. ” New Moves.

Portland 100

Portland Retail Chicago Branding 100

Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. By the way, so is your CEO and much of your management team. We can ignore millennials no more.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

SEPTEMBER 16, 2019

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. Pundits identify bellwether states to predict election outcomes.

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Millennials Study Course Trends 222

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

JUNE 25, 2018

Of the 41 percent of consumers who we reported still concentrate their grocery spend predominantly online, more than a third of those physical shoppers (37 percent of the 41 percent) visit multiple stores in search of “deals” and products not found at their main “go-to” store — and two-thirds of millennials do. Prime for a Payments Switch.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

MAY 20, 2020

percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future. percent of Generation X, and 30 percent of bridge millennials who have leapt across the digital divide and plan to stay there. “In For example, our survey found that 31.1

Online 184

Online Millennials Digital Strategies Retail 184

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

PYMNTS

JULY 23, 2019

“Over the past few years we’ve become the payment partner of choice for challenger banks and FinTechs looking to offer new retail or commercial banking solutions.” . that caters to millennials, has raised £50M ($62.4 Innovation is growing in the small business and payments area, and “the next 12 months will be key,” Barnett said. . “We

Millennials 144

Millennials Innovation Fintech Lending 144

PYMNTS

APRIL 27, 2016

And that 4-figure dress cost is interesting in light of another emerging trend in retail — the apparent emergence and flooding of the market with lower-cost and discount wedding dress options. Wedding dresses in the past, explained Brittanny Carter, industry analyst at IBISWorld, were sort of a tricky proposition for retailers.

Retail 100

Retail social media United States New York City 100

PYMNTS

DECEMBER 4, 2018

This all should serve as food for thought as the holidays are upon us. Targeted rewards and offers can help convert browsing (and tentatively filled online baskets) into sales, which “help the loyalty experience, help the brand experience with the card program and help the retailer, so it is a win for all three.”.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

FEBRUARY 17, 2020

Greyhound now guarantees customers’ seats, and its airline-style yield management system and real-time pricing algorithms have sharply reduced overbooking. Greyhound’s digital push comes as more consumers — many of them millennials — are demanding added affordability, convenience and safety from travel companies.

Security 141

Security Tools Fraud System 141

PYMNTS

JUNE 5, 2018

Millennials are finally moving out of mom and dad’s house and creating their own households, which has increased demand in the housing market. That’s a lot of households for us to sell to.”. Top managers can earn six figures, even breaking into the $1 million bracket once bonuses are factored in. Go to college. Get a “real job.”

Millennials 177

Millennials Trends Management Marketing 177

PYMNTS

DECEMBER 11, 2020

I don’t foresee us reverting to the way it used to be even after the pandemic is over and we are able to walk around without masks on.”. Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. Don’t Forget Rewards .

Cards 291

Cards United States Strategy Retail 291

PYMNTS

OCTOBER 7, 2019

Combining NCR’s D3 digital banking platform with NYMBUS’ core banking platform allows us to better serve progressive financial institutions and corporations with well-known brands seeking to address the needs of digital-savvy customers in high-growth market segments.”.

Miami 109

Miami Digital Banking Branding Meeting 109

PYMNTS

MARCH 15, 2018

Or, at least, that’s the pessimist’s view — a more optimistic estimate puts the odds somewhere around 1 in 128 billion, which is a much more manageable statistical impossibility. Toys R Us vs. The Retail Death Spiral . It even managed to garner a $3.1 Winner: The Retail Death Spiral. quintillion.

Payments 108

Payments Millennials US Fraud 108

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

Accenture

OCTOBER 3, 2017

We know almost US$1 billion was invested in PSD2-enabled services in 2016, up 200 percent from the year before¹. 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. The bottom line?

social media 151

social media Millennials Online Fraud 151

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Pokémon GO: Pet Rock or Opportunity To Rock Retail? The Summer’s Best Retail Opportunity? . ” According to the store manager sales jumped 75 percent. Amazon Sellers .

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

JUNE 12, 2019

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.” for sellers and buyers.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

MAY 29, 2020

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. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

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Maine ATM Innovation Millennials 130

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

MAY 28, 2020

“Regardless of where our customer is in their design journey, and no matter what their budget, our new innovative service helps make the nursery design experience seamless and fun,” buybuy BABY Senior Vice President and General Manager Glen Cary said in the announcement. “We

Millennials 130

Millennials Meeting Branding Innovation 130

PYMNTS

APRIL 19, 2016

” Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic. Is it though?

social media 100

social media Millennials San Francisco California 100

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. After doing some research on suppliers, the duo found quite a staggering gap between wholesale and retail prices in watch brands.

social media 101

social media Branding Millennials Groups 101