PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. More vexing still is the market potential of mobile wallets when compared to actual performance.

Mobile 140

Mobile Apple Cards Millennials 140

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 25, 2018

And after the long and seemingly endless winter that most of the nation just suffered through, declaring summer’s start as early as possible feels like the right move to make in 2018. Millennials: The Most, And Least, Vacation-Enthused Generation. What counts as a vacation, she noted, is often in the eye of the traveler.

Millennials 100

Millennials Data National Taxes 100

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. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JUNE 9, 2020

In the battle against digital challenger banks, credit unions (CUs) may be facing a bit of a perception/reality gap — and losing market share as a result. He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. You can see this trend, too, in Amazon’s recent announcement that it is moving into the lucrative private-label food market. So, what’s going on here? Have consumers just suddenly become very cheap? billion in U.S.

Branding 100

Branding Retail Study Portland 100

PYMNTS

NOVEMBER 16, 2020

9, 2020, the stock market hit a high not seen since February, shortly before the world would feel the brunt of the global pandemic. PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. On that day, Nov. and global economy for most of 2020.

Study 270

Study Retail Millennials Conference 270

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. Moreover, taken against the entire smartphone market, PYMNTS research finds that 36.4 Study data indicate that 73.1 The use of mobile wallets has remained flat, with only 5.9 23 and Sept.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

OCTOBER 18, 2019

Similar sentiments were expressed in a study from the NAMIC (National Association of Mutual Insurance Companies). According to a study by Leasing Options, a car leasing agency, 62.6 Specifically, we expect this to appeal to the millennial generation, the elderly and the disabled,” said Moye. percent) and Volkswagen (22.4

Study 101

Study Phoenix Millennials Austin 101

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

PYMNTS

MARCH 6, 2019

On Friday (March 8), the world will recognize International Women’s Day — celebrated globally since 1975, when it was adopted as a holiday by the United Nations. They grow faster, reach profitability sooner and generate more revenue per dollar invested than those of their male counterparts, according to a study of female-founded firms.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

SEPTEMBER 8, 2020

Gauthier said studies show that consumers have what’s called a “decision-making budget” — how much energy they can put toward making decisions — but COVID-19 is pushing that to the limit. “We Consumers, he noted, are experiencing stress in ways they actually never have before due to the pandemic changes being made to their lives.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

JUNE 28, 2016

And while, strictly speaking, that is not wrong — suburban moms do in fact buy the majority of our nation’s groceries (they also cook the majority of them and clean up the dinner dishes when everyone is done) — it is also increasingly incomplete and less helpful. Millennials In the Aisles . Changing Cultural Demographics .

Millennials 113

Millennials Groups Study Mobile 113

PYMNTS

MARCH 7, 2017

A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. However, the growth in usage of the online shopping continues to have impacts on more traditional retail departments, national chains and specialty channels. billion market.

Online 101

Online Retail Millennials Groups 101

PYMNTS

FEBRUARY 13, 2017

Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. The reality of this is especially apparent in the recent numbers from a combined Food Marketing Institute (FMI) and Nielsen study that puts as many as 70 percent of U.S.

New York City 123

New York City Millennials New York Online 123

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

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

FEBRUARY 26, 2020

The resale market is turning out to be one of the hottest trends of the young new year. The customer demand for secondhand is strong, and our thredUP partnership allows shoppers to find select national brands for the first time ever inside our stores.”. The overall resale market in the U.S. Resale is becoming mainstream.

Chicago 131

Chicago Retail Michigan Branding 131

PYMNTS

MARCH 5, 2017

market, they are still far from replacing cash. So that equates to roughly 45 percent of households who are using cash for at least a third of their transactions, and that’s a huge market, and the lack of services to pay bills with cash is a relatively big problem.”. percent and 15.5 percent of the gross domestic product.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

NOVEMBER 3, 2016

Will alternative lending platforms eat away at traditional banks’ market share? Small Business Banking Satisfaction Study found that, as small businesses in the nation continue to grow, they’re more likely to seek out working capital financing. Released last week, J.D. Power’s 2016 U.S.

Survey 100

Survey Lending Millennials Analysis 100

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. farmer and the harvest they produce every year.”.

National 131

National Retail Survey Examples 131

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

PYMNTS

MARCH 2, 2020

The United States’ tight labor market exacerbates competitive tensions for such agencies, though. The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 The greatest benefit staffing agencies stand to reap may not be the escape from administrative or security headaches and check-cutting costs, however.

Cards 130

Cards ATM United States Payments 130

PYMNTS

NOVEMBER 10, 2016

Plus the executive team has seen its fair share of musical chairs — the firm’s chief marketing officer jumped ship to Uber at the end of the summer, and a little over a month ago Target’s chief digital officer resigned unexpectedly and immediately. on Thanksgiving in an attempt to capture the early bargain-hunting shoppers of the nation. “Of

Course 145

Course Groups Online Trends 145

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

DECEMBER 24, 2019

Voice is the killer app of the connected commerce experience, according to the How We Will Pay: 2019 Edition study. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices. unlike markets such as the U.K.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 100

Compliance Leadership Training Innovation 100

PYMNTS

DECEMBER 13, 2016

Millennials just aren’t buying homes — they are the first generation of Americans since World War II who will meaningfully move away from that vision of the American Dream. Millennial homeownership rates — for those 75.4 Millennials have not, as some have argued, radically thrown off ideas about owning homes en masse.

Millennials 100

Millennials Groups Study Washington 100

FICO

AUGUST 15, 2018

We recently studied the impact of millennials’ student loan debt on their willingness and ability to obtain new mortgage loans. As the housing market continues to remain competitive, we looked at key trends in FICO® Score distributions and default rates for those who have proven they would like to and are able to obtain mortgage loans.

Trends 53

Trends Millennials Course Payments 53

Tech and Finance

JULY 13, 2016

The largest national banks have pulled ahead in mobile, according a recent Forrester report — the 2016 U.S. Retail Banking Customer Satisfaction Study from J.D. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities. Or at least they should be.

Regional 28

Regional Mobile Millennials Study 28

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. By 2050, Indonesia is projected to have the third largest middle class among emerging markets. GET THE 106-PAGE FINTECH TRENDS REPORT. The platform recorded 63.7M in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

PYMNTS

JUNE 21, 2016

Recent market research performed by the NPD Group revealed that delivery traffic outside of pizza has expanded by 33 percent since 2012. Of those who already utilize these store-to-door programs, the study found that 51 percent order meals from casual dining restaurants. That’s a hearty slice of the delivery pie.

Resources 102

Resources Operations Technology Boston 102

PYMNTS

JUNE 15, 2019

are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. What Expedia’s study actually says is that those consumers born after 2010 “may be young, but their ideas and opinions and are already influencing family travel decisions.”. Millennials and The Magic of Mircocations.

Millennials 179

Millennials Hawaii social media Report 179

PYMNTS

SEPTEMBER 10, 2018

That principle seems to hold true with millennials , as they lose some of the consumer spotlight to their successors in Gen Z. The retailer plans to market the brands on platforms — such as Instagram , Snapchat and YouTube — that attract a younger audience. ” All that taken into account, let’s not bury millennials just yet.

Millennials 112

Millennials San Diego Branding Study 112

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

MAY 11, 2018

Once the mattresses started shipping, it became clear the market was ready for Casper. It had to expand, as it is no longer the only player in the game, and lots of startups are racing to be the millennial generation’s “mattress in a box.” We said, ‘What if we could compress a mattress to fit into a box the size of a dorm refrigerator?

New York City 156

New York City Millennials United States Retail 156