PYMNTS

OCTOBER 4, 2020

Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Harris said the SPAC is a necessary tool for companies looking to go public. The trend has grown in recent months. He also helped Uber raise money before the company went public last year.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

JANUARY 28, 2021

Consumers who value financial institution (FI) innovation expressed a desire for a variety of technologies, including peer-to-peer (P2P) payment apps, point-of-sale (POS) credit financing options such as buy now, pay later plans and voice assistant tools. All indicators suggest that these trends are only likely to continue to grow, however.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Some online sellers eschew online marketplaces in favor of more tailored digital sales experiences, turning to eCommerce system providers for help.

Mobile 197

Mobile Online Payments Tools 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

MAY 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. Our research suggests that as important as it is to offer digital tools alongside credit products, FIs neglect the old-school value of customer service at their peril.

Cards 216

Cards Data Millennials Report 216

Bank Innovation

JUNE 28, 2018

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

San Francisco 170

San Francisco Millennials Tools Management 170

PYMNTS

JUNE 12, 2019

More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales. The marketplace works with the Upright Lister tool from Upright Labs to help make inventory uploads. Price Comparison Shopping.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

SEPTEMBER 3, 2020

Some QSRs’ already-thin operating margins have been stretched beyond the breaking point as budget-conscious consumers shy away from eating out, forcing the eateries to declare bankruptcy. It also analyzes the tools these entities are using to adequately support this diversity, and what digital solutions’ expanded use means for the future.

Management 130

Management System Millennials Study 130

PYMNTS

MARCH 17, 2020

While user experience is key, these tools must also be agile enough to rise to small- to medium-sized businesses’ (SMBs’) digital-native foundations. “We learned that a lot of small business owners in this day and age are not tech savvy at all,” he said, adding that even millennial-run SMBs can struggle.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. And it really depends on their target demographic and where they operate.”. Nick Molnar , co-founder and U.S.

US 206

US Retail Millennials Trends 206

PYMNTS

MAY 5, 2020

And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. For online shopping the return policies range from Amazon (90 days) to Target (varied and depends on product). And there will be a shift to seeing returns as a responsive, customer service tool. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

OCTOBER 21, 2020

The program is operable immediately. The new site focuses on electronics in five categories: laptops, portable audio, power tools, small kitchen appliances and vacuums. Beginning this month, REI members can trade in their own used gear through the co-op's online, member-only trade-in program to receive REI gift card credit.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

JANUARY 25, 2021

Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments. Consumers frequently used BNPL to buy clothing, with that merchandise category claiming 71 percent of transactions made with the financing tool.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. It’s easy to overestimate millennials’ engagement with technology,” he said. and 10 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

OCTOBER 23, 2020

Suppliers that want to reach business customers internationally need the appropriate plans and tools implement to handle different concerns. General Electric operates in over 100 nations in segments that encompass energy production, aviation and healthcare. Millennials Will Lead The Voice Commerce Revolution.

Apple 149

Apple Maine Millennials Bitcoin 149

PYMNTS

FEBRUARY 18, 2020

Some operations like Chipotle are even rolling out store designs that feature pick-up windows to let order-ahead diners collect their items without having to enter the restaurant. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

JANUARY 27, 2020

More workers in the United States and around the world are beginning to ask for updated expense tools as business becomes more interconnected. To learn more about how her company is using flexible spend tools to ensure events go as planned, visit the Playbook’s Feature Story. The Latest Workforce Spend Headlines. About The Playbook.

Management 160

Management Taxes Tools Metro 160

PYMNTS

SEPTEMBER 10, 2018

Millennial Appeal. Sandler O’Neill Analyst John Barnidge told the news service that LINK by Prudential could appeal to millennial consumers, who have “large purchasing power … and do not value agent relationships as much as previous generations.”. based businesses, told the news service.

Industry 100

Industry Millennials Online Video 100

PYMNTS

JANUARY 21, 2020

One of the biggest questions that promises to play out in the larger world of restaurants — whether quick-service operations or others — is who will ultimately own their customers, and whether those businesses can get them back once they are lost to third-party delivery services and aggregators.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

DECEMBER 22, 2018

The online retailer sold smaller versions of the trees last year, but online orders of Christmas trees made up only a small portion of overall sales of the trees. It’s always been easy to buy an artificial tree online,” Hundley said. It’s always been easy to buy an artificial tree online,” Hundley said.

Industry 134

Industry Millennials National Online 134

PYMNTS

SEPTEMBER 3, 2020

He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. Many of these smaller firms, he said, did not have individual, digitized payment experiences woven into their overall operating infrastructures before the pandemic hit. As he told PYMNTS, “Payments behavior is generational.”.

Payments 262

Payments Security Millennials Retail 262

PYMNTS

DECEMBER 30, 2019

The online software that companies rely on for expense management services often requires employees to manually scan in and enter their receipts. for millennial and Generation Z workers. A lack of travel naturally leads to a lack of new business, which then affects revenues and overall operations.

System 131

System Report Management Tools 131

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Additionally, the grocery move will allow Amazon to better compete with local rival Flipkart, which also has its sights set on the online groceries, said Reuters.

Millennials 100

Millennials New York City Retail Online 100

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. With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Abrigo

OCTOBER 21, 2019

I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay. You can’t ignore an entire group, said Jill Hudson, Vice President of Loan Operations at Vision Bank, another panelist at the ThinkBIG conference. This often means finding a balance between traditional services and digital innovation.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

AUGUST 12, 2019

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. In early August, for instance, Groupon bought an AI-driven voice and text messaging tool called Presence AI , according to a press release. More Losses.

Cards 100

Cards United States Online Chicago 100

PYMNTS

JULY 9, 2020

Afridi said the news reflects Truepill’s vision to “unbundle” primary care — which can be critical in an age where roughly 40 percent of millennials do not have a primary care physician. With the five (soon to be six) pharma distribution centers owned and operated by Truepill, the company has embraced a DTC model. “We

Video 187

Video Millennials Company Online 187

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. managing director at Melissa, told PYMNTS. But when you pull a rope, you go somewhere.”.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. The latest QSR earnings report comes amid massive technological changes in that world as restaurant operators seek to improve all facets of their operations via mobile and digital technology.

Mobile 101

Mobile Operations Trends Millennials 101

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

APRIL 19, 2018

Why shop at a department store when there’s an online marketplace where the same goods can be found for less money? The company has shuttered hundreds of stores — with hundreds more to go in 2018 — and laid off a staggering number of workers as it has moved to streamline its operations.

Millennials 101

Millennials Branding Retail Online 101

Gonzobanker

AUGUST 10, 2023

This summer in strategic planning meetings across the country, bankers will need to deal with some critical realities: Reality #1: There’s no turning back from the hybrid workplace According to Build Remote, 77% of the Fortune 100 companies are operated under a hybrid working model.

Leadership 147

Leadership Training Meeting Michigan 147

PYMNTS

JUNE 7, 2018

Bancard’s President and CEO, Tina Giorgio, also came up in community banking , particularly in operations, Rainey noted — which has been critical in developing and rolling out products to their partners’ banks. Rainey noted that the future of community banking is not so much about what as it is about who — millennials , to be exact.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

MAY 6, 2016

The startup may not operate in the fleet card space, but Haven’s B2B solution can certainly impact the bottom line. The company announced on Wednesday (May 4) that it secured $11 million for its freight procurement solution, which allows commodity traders across the globe to book freight and logistics services via an online portal.

Fintech 100

Fintech San Francisco Capital Big Data 100

PYMNTS

MAY 29, 2020

Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners. Consumers expect secure and fast access to digital tools. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130