PYMNTS

AUGUST 7, 2020

It also analyzes why younger investors like millennials have remained reticent to invest and how the health crisis could affect this generation’s spending and saving habits, especially as legacy disbursement methods such as paper checks continue to fall out of favor. For more on these and other stories, visit the Tracker’s News & Trends.

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Millennials Report Industry Study 159

PYMNTS

JANUARY 13, 2020

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

Millennials 154

Millennials Branding Mobile Data 154

PYMNTS

JANUARY 10, 2020

Some millennials, in one case, would abandon travel booking processes if their preferred payment method was not offered. millennials who pay for hotels with debit cards or cash. 50%: Projected share of millennial spend in the personal luxury market by 2025. 20%: Portion of all global travelers comprised of millennials.

Millennials 130

Millennials Technology Payments Data 130

PYMNTS

APRIL 5, 2019

Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. Within the past week, a net 5,600 accounts on trading app Robinhood , which is popular with millennials, left their Tesla position, with the number of accounts holding the automaker’s shares falling by more than 4 percent.

Millennials 126

Millennials Branding Report Company 126

PYMNTS

OCTOBER 5, 2018

Crew, however, is not content to go down without a fight – and now under new management the brand has been making big changes as it tries to hit the reset button. The stated goal, according to new CEO Jim Brett – is for the brand to build back its audience particularly among millennial shoppers.

Millennials 128

Millennials Retail Branding Mobile 128

PYMNTS

DECEMBER 6, 2019

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. 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. Top News .

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

FEBRUARY 11, 2020

Reynolds Group Holdings is actively working to court the millennial market , which has a particularly strong focus on convenience. For this reason, the firm has focused keenly on recipe integration in recent years — and, as it turns out, millennials are excellent recipe followers.

Millennials 141

Millennials Groups Data Marketing 141

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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Millennials Study Groups Survey 153

PYMNTS

OCTOBER 20, 2020

And bridge millennials are nearly twice as likely as the average consumer to utilize voice-activated technology to make purchases, as they are the first generation of consumers who have grown up with connected devices and are accustomed to shopping and paying with them. and Europe have continued social restrictions due to the pandemic.

Millennials 130

Millennials Data Branding Technology 130

PYMNTS

DECEMBER 10, 2019

Bridge millennials’ rise is changing the retail ecosystem ahead of the 2019 holiday season, but their impacts will continue to be felt in the year ahead. Bridge millennials are consumers aged 30 to 40 whose shopping and financial preferences straddle Gen X and millennial demographics.

Millennials 136

Millennials Retail Groups Online 136

PYMNTS

MAY 11, 2020

It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. percent, the 30-year fixed rate mortgage set a new record last week, according to Freddie Mac. A survey by the Pew Research Center found one-third of millennials have been laid off due to the COVID-19.

Millennials 141

Millennials Survey National Regional 141

PYMNTS

MARCH 13, 2020

Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

Millennials 160

Millennials Taxes Innovation Operations 160

PYMNTS

OCTOBER 5, 2018

Now under new management, the brand has been making big changes as it tries to hit the reset button. The stated goal, according to new CEO Jim Brett, is for the brand to build back its audience, particularly among millennial shoppers. The new “more is more” attitude has been mostly visible in two regards.

Millennials 122

Millennials Retail Mobile Branding 122

PYMNTS

MARCH 6, 2020

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The Founder and CEO of Nubank David Velez also participated in the funding round.

Millennials 251

Millennials Digital Banking San Francisco Capital 251

PYMNTS

FEBRUARY 10, 2020

The driving consideration is convenience (a slow cooker liner means clean-up is an eight-second process instead of 15 minutes), which is particularly important as Reynolds is actively working to court the millennial market. Moving On Millennials . However, the focus among millennials is particularly strong.

Millennials 181

Millennials Innovation Groups Marketing 181

PYMNTS

APRIL 9, 2019

Have millennials started starving a segment of commerce in a socially positive way? Added to the list of things millennials are killing — along with homeownership, the institution of marriage and diamond jewelry — is apparently alcohol. Folks in the millennial generation have maybe a better sense of balance. Data from U.S.

Millennials 147

Millennials North Carolina Trends Metro 147

PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

Millennials 162

Millennials Payments Retail Mobile 162

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

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Millennials Marketing Trends New York 148

PYMNTS

SEPTEMBER 16, 2019

Today in the payments news roundup, Visa has made multiple new partnerships to digitize and accelerate the payouts of insurance claims. Also, bridge millennials offer profound insight into the future of connected commerce. Visa, Insurers Partner On Real-Time Claims Payouts. consumers shop and pay — today and in the future.

Millennials 120

Millennials Payments Report Regulation 120

PYMNTS

AUGUST 23, 2019

For more on this and other news in the platform economy, visit the Playbook’s News and Trends section. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. The app-based social commerce platforms are among several marketplaces struggling to protect users ag ainst opportunistic bad actors.

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Millennials Trends Meeting social media 165

PYMNTS

DECEMBER 5, 2019

Demand will be robust, the report said, and with low rates, rising rents and “the ever-expending Millennial population” all contributing to that demand. The data show that millennials’ share of mortgage originations will pass 50 percent this spring — outnumbering boomers and Gen X’ers.

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Millennials Nevada Arizona Georgia 137

PYMNTS

JULY 15, 2020

Millennial-Banking Apps Are Struggling. Chase’s decision to shut down Finn and Wells Fargo’s move to stop adding users for Greenhouse raises the question as to whether there’s really demand from millennials for apps that are separate from a bank’s main offerings. For instance, J.P.

Millennials 166

Millennials ATM Mobile Maine 166

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. The Weekender is here to catch you up.

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Trends Fraud Millennials Community Bank 175

PYMNTS

DECEMBER 8, 2020

How We Will Pay , a PYMNTS and Visa collaboration, surveyed a census-balanced sample of nearly 9,600 consumers on how they browse and shop for groceries and other goods, and found while the pandemic affects everyone, “no one has changed quite as much as the two most connected consumer groups of all: bridge millennials and superconnected consumers.”.

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Millennials Survey Course Groups 139

PYMNTS

DECEMBER 4, 2018

The millennial path of destruction allegedly continues, with those young consumers now taking blame for the decline in the popularity of canned tuna — a product that joins a casualty list that already includes diamonds and restaurants such as Applebee’s. Before we get to that, let’s review the newest charges leveled against millennials.

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Millennials Branding Industry Trends 136

PYMNTS

APRIL 18, 2019

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Reuters noted that migration to other areas of the country is playing a role, with Santa Clara County — home to Alphabet, the Google parent, and Apple — seeing the biggest decline.

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San Francisco Millennials San Jose North Carolina 181

PYMNTS

SEPTEMBER 14, 2020

trillion global investment giant founded in the 1940s and named after Benjamin Franklin is teaming up with upstart Razer Fintech to create a digital wealth management platform targeted at millennials and young investors. 14) to work together to develop the new platform.

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Millennials Fintech Resources Innovation 134

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. And millennials are 93 percent more likely than people over 40 to report losing money to fake check scams, which often look like a way to earn money.

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Millennials Fraud Report social media 149

PYMNTS

SEPTEMBER 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Having had the time to establish their careers, they enjoy higher spending power than younger millennials, who are just now dipping their toes into the professional world.

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Millennials Retail Study Online 109

PYMNTS

NOVEMBER 6, 2020

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper.

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Online Payments Millennials Apple 148

PYMNTS

JUNE 23, 2017

The mobile revolution has hit the dining industry, and from local haunts to multinational chains, restaurants are looking to offer increasingly mobile customers new ways to pick up a quick meal. Going Mobile to Win over Millennials. Around the Mobile Order-Ahead World . About the Tracker.

Millennials 160

Millennials Mobile Report Dallas 160

PYMNTS

DECEMBER 18, 2018

Millennials value experiences over things, as the familiar digital age adage goes, but sometimes millennials do, in fact, need actual things , such as sofas, beds and tables to furnish their apartments and houses. The Wall Street Journal also noted that “transparency rates highly for a typical millennial site.”

Millennials 165

Millennials Branding Retail Strategy 165

PYMNTS

MARCH 12, 2020

To learn more about this and other developments in the space, visit the Tracker’s News And Trends section. More millennials are beginning to operate independent or small- to medium-sized businesses (SMBs), where knowledge of one’s cash flow and outstanding finances is critically important to success. Only 24 percent of U.S.

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Taxes Millennials United States Innovation 130

PYMNTS

APRIL 5, 2019

Against this backdrop, we find, then, that millennials do not embrace credit cards as readily as other groups of users. Bankrate has estimated that roughly 33 percent of millennials have cards. FinTechs have been stepping in to feed demand for installment loans. Square late last year introduced an installment plan offering.

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Millennials New York Fintech Cards 115

PYMNTS

OCTOBER 15, 2020

India’s pay-later app Slice is introducing a no-fee Visa card that offers its Gen Z and millennial customers cash back and no-cost EMIs during festive sales. “We Payments startup Slice was founded in 2016 to cater to the financial needs of the Gen Z and millennial generations.

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Millennials Cards Fintech US 134

PYMNTS

MARCH 29, 2019

Such services are also becoming more important to employers seeking to appeal to a workforce that is increasingly comprised of millennials and Gen Z, who have grown to expect instant and mobile access to everything, according to Jason Lee, CEO and founder of instant payroll solutions provider DailyPay.

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Millennials How To Mobile System 178

PYMNTS

NOVEMBER 26, 2019

Paris-based startup Leavy.co , which offers a travel app to help millennials finance their travel plans, has raised $14 million. Founded in 2017 by CEO Aziza Chaouachi, the app has been described as a “travel community and marketplace” that wants to help millennials travel for less. ” The Leavy.co by the end of this year.

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Millennials Community Branding Security 142