Perficient

FEBRUARY 18, 2021

I presented on this topic, along with my colleague Scott Albahary – Chief Strategist for Financial Services here at Perficient and Jim Marous – Co-Publisher of The Financial Brand , to approximately 500 financial services industry folks. The approach we took, and you’ll see in the presentation, are real-world examples of digital trends.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

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. Here’s hoping that the present you want is under the tree or inside the stocking this year. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

DECEMBER 17, 2019

It said that 70 percent or more of millennials are involved in B2B buying decisions. “As Unlike consumer online shopping, businesses procuring goods from a manufacturer need to see their unique contractual agreements, pricing agreements, availability, credit terms, shipping options and more. “The B2B Gets Younger.

Millennials 135

Millennials Analysis Trends System 135

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

APRIL 11, 2019

Well, digital commerce and payments present a new opportunity for such stories and memories – and new challenges and dangers for beer, wine and liquor merchants looking to grow and thrive. First, he wants people to know what the growth of online alcohol sales really means, so no one carries around misconceptions. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

AUGUST 6, 2019

The point is that when it comes to wedding planning — especially those put together by millennials, who are finally coming into their own as important consumers — there is always a better way to go about things. That reduced the case left over for vendors, and could present a risk were that venue to be sold or close before the weeding.

Millennials 120

Millennials Massachusetts Trends Google 120

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. In fact, North America’s top 1000 online retailers have sold $143 billion worth of goods to customers outside the U.S.,

Fraud 124

Fraud Retail Online Study 124

PYMNTS

MAY 15, 2018

Millennial is now a generational definition that encompasses both those just leaving their parents’ home and entering college, and those paying a mortgage on their house and worrying about paying for their kids’ college. They are the present. 30-40 : The age range of the bridge millennial consumer group.

Millennials 119

Millennials Online Groups Innovation 119

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. None of this information can be easily collected or presented to a buyer when small businesses are running on spreadsheets.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

DECEMBER 3, 2019

About 20 percent of those surveyed said they would probably return upwards of 50 percent of their presents. The youngest generation, Gen Z , will return the most presents. The survey showed that Generation X encompassed the most prominent online shoppers, with 57 percent of them having goods shipped to their homes.

Survey 136

Survey Retail Millennials Online 136

PYMNTS

DECEMBER 10, 2020

With providers such as Bill Me Later / PayPal Credit, Afterpay, Affirm, Klarna and FuturePay all vying for a larger slice of the BNPL pie, as well as further availability through retailers online and in-store, it's no wonder why this payment choice is on the rise. Consumers Want to See More BNPL.

Study 173

Study Millennials Survey Online 173

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Within that, how much is online? Why should luxury fashion be any different? Perhaps no surprise: the young’ns.

Online 101

Online Retail Branding Data 101

PYMNTS

FEBRUARY 13, 2020

For corporate travel, it has been encouraging partners to focus their offerings on millennials. A recent report from the company showed that millennials are the current lucrative travel targets, but that Generation Z will dictate the future of the industry. Millennials will book directly at a rate of 63 percent.

Millennials 150

Millennials Examples Cards Groups 150

NCR

MARCH 22, 2017

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. Millennials are starting more businesses than previous generations, and they’re starting them at a younger age than their predecessors. This year alone, the Internet of Things will connect 8.4

Millennials 49

Millennials Innovation Digital Banking Security 49

Banking 2020

APRIL 7, 2015

Millennials are uninterested in their financial futures. According to a recent survey from iQuantifi , a virtual financial advisor, found that millennials actually think about the future of their finances. There is untapped demand for virtual financial advisers to help millennials set and achieve goals. Where they come up short?

Millennials 40

Millennials Survey US Online 40

PYMNTS

MAY 19, 2020

That trend was particularly pronounced among older “bridge millennials,” who on average owned six separate connected devices, not counting their phones. According to PYMNTS’ latest consumer data on the subject, 47 percent of millennials have shifted their routines online, while 45.1 percent of bridge millennials have done so.

Technology 205

Technology Millennials Retail Report 205

Independent Banker

OCTOBER 1, 2022

Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”. Someone with a large online profile and presence—emails, apps and account passwords—could be more susceptible to a ransomware attack.

Fraud 133

Fraud social media Millennials Examples 133

William Mills

APRIL 7, 2016

Observing the financial struggles their parents endured, the millennial generation — those born between the early 1980s to the early 2000s–have developed a different point of view about finances and the financial industry than those of the baby boomers or Generation X. Retirement.

Millennials 40

Millennials social media Video Resources 40

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. Nick Molnar , co-founder and U.S. As stores shut down, digital shopping quickly became almost all of shopping.

US 206

US Retail Millennials Trends 206

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . The results? This prospect represents risks and opportunities for FIs.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

AUGUST 23, 2019

Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. Trending: Meeting The Millennial Need For AI-Powered Visual Shopping. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses. .

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. It’s always been easy to buy an artificial tree online,” Hundley said. Now it’s easy to buy a real tree online.”.

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 2, 2020

Driven by the pandemic’s push that has sparked a massive surge in online traffic and purchasing, the rise in gift card giving, validated by PYMNTS research, suggests that Americans are clearly embracing their new digital lifestyles especially when it comes to giving presents. Bridge millennials and Gen Xers led the way, with a 35.7

Cards 160

Cards Retail Study Survey 160

PYMNTS

FEBRUARY 6, 2020

Sykes believes the attraction of online companies and uber-retailers it simple at one level. Its STYLE360 initiative will be dedicated to showing fashion presentations at Metropolitan Hall along with “see and shop experiences” over a two-day period — Tuesday, Feb. Klarna recently launched in the U.S. 11 and Wednesday, Feb.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

DECEMBER 12, 2019

About 20 percent of those surveyed said they would probably return upwards of 50 percent of their presents. The youngest generation, Gen Z , will return the most presents. The survey showed that Generation X encompassed the most prominent online shoppers, with 57 percent of them having goods shipped to their homes.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

SEPTEMBER 3, 2020

He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control. As he told PYMNTS, “Payments behavior is generational.”. Security Is Top Of Mind

Payments 262

Payments Security Millennials Retail 262

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. In Millennial parlance, that’s “harsh.”.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. The Sizable Online Fraud Threat. Vendors do not always find the transition to online selling to be easy.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

OCTOBER 30, 2019

Online tools are saving customers time on acquiring goods and services. Marketplaces (as well as financial services firms, grocery retailers and other businesses), therefore, must step up their protections against the wave of online attacks. Tackling Millennials’ $71M eCommerce Fraud Problem. over the past two years.

Fraud 101

Fraud Millennials Resources Tools 101

PYMNTS

FEBRUARY 14, 2020

In fact, more online payments mean merchants have less cash in the till. Outdated fraud protection measures are as damaging to companies in the present day as outdated customer service standards. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial. How Greyhound Bus Makes Fraudsters Play Fare.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

OCTOBER 6, 2019

We feel good about the progress at ModCloth and believe that Go Global’s team and scale out strategy presents an attractive opportunity for the employees and customers of this beloved brand.”. In fact, Walmart has projected $1 billion in losses for its online eCommerce division, on revenue of between $21 billion and $22 billion.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

JANUARY 20, 2020

The big idea was that millennial consumers were looking for payment flexibility without getting tied into revolving credit agreements — a change Afterpay saw coming when it was founded, though it was not quite evident to the entire market yet. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said.

US 157

US Millennials Retail Payments 157

PYMNTS

FEBRUARY 28, 2020

Via online and mobile it has introduced artificial intelligence (AI)-based technology in pricing cars as well as qualifying for financing. On the other side, the buyer creates an account and browses the online selection. The car is presented via photo and key details along with the price. How It Works.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

OCTOBER 1, 2018

To better reach millennials, Harley-Davidson is looking to Amazon. The reach Amazon offers is critical to building stronger customer relationships, inspiring new people and creating an integrated online and in-dealership retail experience — all of which leads to profitable growth and a stronger brand.”.

Branding 108

Branding Millennials Retail Online 108

PYMNTS

MARCH 6, 2019

If there’s one word that defines it all (what consumers and merchants want, and are pursuing in a world where omnichannel is a Holy Grail across brick-and-mortar and online activity), it would be “frictionless.”. Use cases span the gas pump, the retailer’s aisle, the kiosk and, of course, online.

Retail 148

Retail Payments Online Course 148