PYMNTS

DECEMBER 17, 2019

Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As

Millennials 134

Millennials Analysis Trends System 134

PYMNTS

MAY 6, 2016

Last year, researchers confirmed that millennials are now the largest demographic of the U.S. From the BYOD and enterprise mobility movements, to changing habits in how millennials apply for their jobs in the first place, a younger workforce presents knock-on effects for the entire corporation. Take, for instance, payroll.

Millennials 100

Millennials Mobile Survey Meeting 100

PYMNTS

DECEMBER 14, 2020

The Wall Street Journal cited unnamed sources over the weekend as saying that Affirm decided to push its IPO off until at least January, apparently to let markets calm down and avoid the massive first-day “pops” Airbnb and DoorDash recently saw. Some market watchers attribute the gains to what’s called the “Robinhood Effect.”.

Marketing 161

Marketing Millennials Company Report 161

PYMNTS

DECEMBER 17, 2019

Part the push for B2B personalization comes from the fact that many B2B participants are simply getting younger, and are bringing their desires and expectations for personalization into the B2B realm, at least according to one report. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As

Millennials 135

Millennials Analysis Trends System 135

PYMNTS

JANUARY 28, 2021

It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

NOVEMBER 17, 2017

Among older consumers — age 65 and above — 70 percent report having at least one card. Among millennials, that number drops below 30 percent. Millennials don’t have credit cards because they don’t have FICO scores, or at least not the kind of FICO scores that inspire issuers. “If

Millennials 104

Millennials Cards Lending Payments 104

Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

Retail 170

Retail Millennials Marketing Strategies Strategy 170

PYMNTS

OCTOBER 4, 2020

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex- Google CEO, IPO Edge reported. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

SEPTEMBER 11, 2019

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. Beyond Asia. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. While apps are used for gas station payments by only 4.5 Almost half – or 49.4

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Robinhood ($20 Billion+) .

Marketing 198

Marketing Company Online Management 198

PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. 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.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

NOVEMBER 30, 2020

market for food delivery. DoorDash wrote in its S-1 that “58 percent of all adults and 70 percent of millennials say that they are more likely to have restaurant food delivered than they were two years ago, and we believe the COVID-19 pandemic has further accelerated these trends.”. population. …

US 181

US Marketing Trends Millennials 181

Perficient

APRIL 14, 2022

With the rise in vaccination rates and a hopeful return to a “new normal,” it won’t be possible to put the genie back in the bottle and return to legacy operations. population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. Leveraging Data Responsibly .

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

MARCH 16, 2016

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. The pilot store will be operating on extended hours, opening four hours earlier at 7 a.m. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

PYMNTS

JANUARY 12, 2021

Demand among businesses — especially smaller firms — skyrocketed as they attempted to blunt revenue challenges and keep their operations above water, but these companies faced numerous hiccups when securing financing. Instant Payments and the Millennial Push. The Disbursements Expectation Catch.

Millennials 239

Millennials Payments Lending Study 239

Accenture

MARCH 20, 2017

Read the full report. Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. The results were surprising.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Read the full report. Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. The results were surprising.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

JULY 31, 2017

Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. In fact, the federally backed National Credit Union Administration (NCUA) reported credit union membership grew by 4.3 The Shifting Credit Union Market. NAFCU EVP: ‘Credit unions need to be allowed to be credit unions’.

Report 114

Report Innovation Regulation National 114

PYMNTS

NOVEMBER 9, 2020

But expectations have changed dramatically, and shrewd physical store operators need to respond accordingly. The payment options merchants accept impact consumers’ willingness to shop in store for 69 percent of bridge millennials, 70 percent of millennials and 71 percent of Gen Z consumers.”. With the U.S.

Retail 261

Retail Millennials Online Tools 261

PYMNTS

FEBRUARY 27, 2018

In several markets around the world, biometric solutions are gaining ground among consumers, companies and government organizations. These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees.

Security 110

Security Report National Millennials 110

PYMNTS

JUNE 23, 2020

companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Technology groups have powered the buoyancy of those firms, the Financial Times reported.

US 175

US Data Comparison Millennials 175

PYMNTS

SEPTEMBER 11, 2018

According to a report in Reuters , citing Samsung Electronics, the 33,000-square-foot store is located in the southern tech hub of Bengaluru. The aim of the new store is to further extend its lead over Apple in India’s smartphone market. The report noted that Samsung operates 2,100 stores in India via franchise partners.

Samsung 100

Samsung Millennials Mobile Innovation 100

PYMNTS

NOVEMBER 13, 2020

In this case, the metrics show triple-digit gains on the top line, and red ink on the operating income lines still in place – a hallmark of high-flying platform companies that have gone public over the past several months. At the same time, the operating loss declined from $479 million to $131 million. Cash Is King? .

Course 244

Course Millennials Operations Survey 244

PYMNTS

OCTOBER 8, 2018

The statistic , released from Mercator Advisory Group in its report, “Business Credit Cards and B2B Payments: Opportunity to Improve Market Penetration,” found millennial small-business owners are less likely than their older peers to use a business credit card, and more likely to use their personal card for business spend.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JULY 14, 2020

the Australian buy now, pay later (BNPL) company, reported its fourth quarter (Q4) sales represented the highest quarterly performance ever, reflecting the shift to eCommerce spending since the impacts of COVID-19 emerged globally. The company, which operates in the U.S., The company, which operates in the U.S., Afterpay Ltd. ,

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. To find more on these and the rest of the latest headlines, download the Report. About The Report.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 3, 2019

In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. operations. Wells Fargo has tapped former Santander head executive Scott Powell to be its new chief operating officer. 9, will report directly to company CEO and President Charlie Scharf.

Fintech 132

Fintech Colorado Payments Operations 132

NCR

JUNE 29, 2016

Turns out that was just a preview: Another Facebook executive, EMEA operations chief Nicola Mendelsohn, recently predicted that within five years Facebook “will be definitely mobile, [and] it will be probably all video.”. And it has to do with the dreaded ‘m’ word: Millennials. It’s always been that way. This is the new normal.

Millennials 45

Millennials social media Video Tools 45

PYMNTS

SEPTEMBER 24, 2020

Trading FinTech Robinhood Markets Inc. 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. Robinhood Raises $460M One Month After Raising $200M. has grown the size of its newest investment round to $660 million.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

DECEMBER 11, 2019

Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20 percent decline in operating income. The competitive landscape remains extremely promotional, with no let up as we wade further into the all-important holiday season,” according to the report.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

JUNE 5, 2018

Prettier pictures lead to more sales for airlines — that’s the philosophy behind a growing bookings system that offers what Reuters called on Tuesday (June 5) a “more engaging visual approach to marketing” of tickets. MMGY , a travel marketing firm, has found that 33 percent of millennials are willing to use travel agencies.

Millennials 100

Millennials System Trends Marketing 100

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40