PYMNTS

OCTOBER 16, 2017

Millennial hourly wages are higher than those of any other generation, according to the latest data from Paychex. In its latest report, “ The Rise of the Millennial Employee ,” Paychex found that millennial hourly wages have been steadily increasing since 2011, while those of Generation X and Baby Boomers have been steadily declining.

Millennials 100

Millennials National Regional Industry 100

PYMNTS

AUGUST 5, 2019

After successful test runs in Boston, Philadelphia and Tampa, the CVS membership program CarePass will expand nationally with free delivery for an annual fee, CNBC reported on Monday (Aug. The pilot program indicated that 20 percent of users were millennials and that CarePass members spent 15-20 percent more at CVS.

Millennials 134

Millennials Tampa Philadelphia Boston 134

PYMNTS

FEBRUARY 4, 2019

National retailer Target is expanding the number of brands it carries in stores, inking a deal with Flamingo, the women’s body care product maker created by Harry’s, the shaving startup. Target is trying to become a “cool” place for millennials to shop and Flamingo is seen as a way to meet that end.

Millennials 128

Millennials Branding Retail Survey 128

PYMNTS

SEPTEMBER 21, 2018

billion in Halloween spending, the National Retail Federation ’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. Just before the holiday, it was reported that spending on the occasion was expected to hit $9.1 Just under last year’s record $9.1 billion, up 8.3 percent from 2016.

National 126

National Retail Millennials Survey 126

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Technology companies in China are reportedly framing facial recognition policies at the United Nations (UN). NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019.

Millennials 100

Millennials Strategy Payments United States 100

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 186

Millennials Study Trends Marketing 186

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers.

Millennials 109

Millennials North Carolina South Carolina social media 109

PYMNTS

DECEMBER 24, 2019

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. As PYMNTS reported, toy discounts have plummeted this holiday season. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

OCTOBER 31, 2017

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

PYMNTS

MAY 24, 2016

Millennial moms have been written about fairly exhaustively. Millennials, that precious group of consumers aged 18-34, are no longer merely a trendy demographic. And moms are typically our nation’s shoppers. Millennial dads could be the future of retail. And the focus makes a good deal of sense.

Millennials 100

Millennials Portland Study Retail 100

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 Data Taxes 109

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. While it was reported that home buying was at its all-time low at a mere 62.9

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

OCTOBER 28, 2016

Despite t he National Retail Federation reporting that grocery stores topped the “hot list” of retailers for the year , supermarkets are having a tricky time luring millennials into bringing a basket or cart down the aisles. Gone are the days when baby boomers bring lists to their local supermarket.

Millennials 100

Millennials Retail Google Groups 100

PYMNTS

FEBRUARY 27, 2018

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. As more millennials enter the workforce, passwords are going out the door. In the digital identity space, biometrics have become all the rage. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. As reported in this space earlier this year, as much as 70 percent of the population lacks bank accounts. In addition, passporting can help companies expand services across nations. The age of personalized service is upon us.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

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

MyBankTracker

NOVEMBER 13, 2020

The COVID-19 pandemic has added to the money challenges faced by millennials in particular. Millennials are old enough to have financial responsibilities without having had much time to build financial stability. The survey found that the pandemic added to the financial challenges that millennials face. Key Findings.

Millennials 52

Millennials Survey Study Marketing 52

PYMNTS

APRIL 24, 2017

And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. In fairness, Juicero strongly recommends hand-squeezing the juice. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

Ublocal

MAY 21, 2024

Low or No Down Payment Mortgages VA Loans Designed for veterans, active-duty service members, and certain National Guard and Reserve members, VA loans require 0% down. The post Millennial Homebuyers: Separating Fact from Fiction in the Vermont & New Hampshire Housing Market appeared first on Union Bank.

New Hampshire 52

New Hampshire Vermont Millennials Marketing 52

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. In the morning, TGI Fridays hopes young millennials will come in to work at reservable tables. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

NOVEMBER 20, 2018

New research from PYMNTS, presented in the Paying At The Pump Report: Driving Gas Pump Payments To The C-Store , a GasBuddy collaboration, finds consumers who use a mobile app during their gas run are much more likely to continue shopping inside the station’s convenience store (c-store). million purchases at gas stations each year.

Millennials 177

Millennials Data Mobile Report 177

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. In 2019, 31 percent of all consumers reported that they owned at least one voice-activated device, up from 14 percent in 2017. Download the free How We Will Pay 2019 report, a PYMNTS and Visa collaboration, here.

Report 188

Report Study Meeting National 188

PYMNTS

MARCH 23, 2020

Our research shows that people self-canceled travel and stayed away from large events — even workplaces — literally in the tens of millions well before the announcement of a national health emergency by the president on March 13. Bridge millennials and high-income consumers turned to mobile commerce.

Study 150

Study America Millennials Mobile 150

PYMNTS

JULY 31, 2017

In fact, the federally backed National Credit Union Administration (NCUA) reported credit union membership grew by 4.3 Is the credit union market ready for its close-up? It’s a market that is showing clear signs of growth. million in Q2 of this year alone, with the value of loans held by credit unions now almost at $885 billion.

Report 114

Report Innovation Regulation National 114

PYMNTS

JULY 15, 2020

The report comes as a number of big banks have also reported trading volumes are up as they report their earnings. In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. Our total users have nearly tripled since January.

Samsung 162

Samsung National Millennials ATM 162

PYMNTS

DECEMBER 6, 2019

The Next-Gen Payments Report, a PYMNTS and American Express collaboration, examines how businesses are redesigning their AP and payroll to serve gig workers’ needs and stay current with a changing economy. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

NOVEMBER 3, 2020

the government of Prime Minister Boris Johnson, after weeks of seeking to avoid national shutdown in favor of local tiered limitations, has imposed another strict national lockdown aimed at halting the coronavirus’ spread. According to the study, bridge millennials engage in 14.1 In the U.K., The move came as U.K.

Millennials 146

Millennials Data Study Survey 146

PYMNTS

DECEMBER 11, 2020

Report: Digital Lender SoFi Eyes IPO Via SPAC. Trackers And Reports. In the Global Digital Shopping Index: Australia Report, PYMNTS surveyed nearly 2,000 consumers and 600 merchants to understand how the pandemic has changed consumer shopping behaviors — and where merchants are investing to respond.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

PYMNTS

SEPTEMBER 16, 2019

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. How We Will Pay 2019 is an annual national study of more than 5,000 U.S. consumers who report their shopping, spending and payment activities over a seven-day period.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

SEPTEMBER 23, 2016

The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. The last time the national average for credit card APRs hit 15.22 percent was in Dec. 2011 during the peak of the holiday shopping season. percent by four weeks later in January.

Cards 100

Cards Report National Millennials 100

PYMNTS

AUGUST 31, 2017

million of them as of last year, CNN reported. Baby boomers want a simple, streamlined shopping experience, because they are the demographic least likely to enjoy the shopping experience, the report said. Millennials. Almost 41 percent of millennials shop online at least once a week, and 62.2 Baby Boomers. was home to 81.3

Retail 147

Retail Millennials Study Trends 147

PYMNTS

DECEMBER 15, 2019

More consumers are creating their own gifts, opting for experiences, gifting and receiving used goods, asking for charitable contributions, or asking for nothing during the holiday season , The New York Times reported. A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016.

Survey 140

Survey US New York Millennials 140

PYMNTS

MAY 12, 2020

In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps. In contrast, national bank customers are less likely to switch FIs, with 25.9 percent of national banks, versus 77.5

Regional 241

Regional National Cards Mobile 241

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Instant” is becoming the posted speed limit nationally and globally for transactions. It got so bad that New York City became the first municipality in the nation to pass a law making it easier for freelancers to sue for payment.

Millennials 130

Millennials New York City National New York 130