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

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

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

NCR

APRIL 18, 2017

Research has suggested that the answer to that question is a resounding ‘yes’, particularly among the millennial generation. As important as new technologies and digital convenience are, the concepts that millennials value most are freedom and choice. ” Traditional appeal. ” Traditional appeal.

Millennials 75

Millennials ATM Phoenix Study 75

Independent Banker

OCTOBER 1, 2022

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

Fraud 133

Fraud social media Millennials Examples 133

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. As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry.

Online 101

Online Retail Branding Data 101

PYMNTS

JULY 30, 2019

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

Technology 119

Technology Mobile Google Software 119

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

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

FEBRUARY 28, 2020

“It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway. trillion market in the U.S. How It Works.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

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

Abrigo

OCTOBER 21, 2019

While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology. Does your financial institution support a culture of innovation and an environment that welcomes new technology? Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

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

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

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

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

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

JANUARY 21, 2021

The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders. retailers have digital oversights that leave them vulnerable to attacks. New Year, New Fraud Protection Strategies

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

JANUARY 9, 2020

But the lines of commerce have blurred, presenting both challenges and opportunities for merchants to engage with their targeted shoppers. In the webinar scheduled for Jan. In the webinar scheduled for Jan. Retooling the Approach.

Payments 151

Payments Case Study User Experience Millennials 151

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

PYMNTS

AUGUST 4, 2017

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. But it is our technology that creates all those sophisticated rates.

Industry 168

Industry New York City Online Security 168

PYMNTS

AUGUST 18, 2016

While less than half overall use the service, the figure jumps to 53 percent when examining millennial small business owners. Present offerings, however, don’t go this far. “A traditional online bill pay solution doesn’t make that easy. Reports by Banking Exchange outlined the research on Wednesday (Aug.

Mobile 100

Mobile Millennials Fraud Meeting 100

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That presents ample opportunity for mobile retail. That’s not to say physical retail is dying. Digital Banking.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

MARCH 30, 2020

Particularly among younger consumers, the millennial and Gen Z “digital natives,” who, by the numbers, show a much greater affection for the physical store than their boomer parents and Gen X older siblings do. So why aren’t digital natives shopping digitally?

Retail 177

Retail social media Millennials Branding 177

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 186

Millennials Maine Study Security 186

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. Paper-based disbursements sent in the mail are many times slow to reach patients, presenting a problem for healthcare providers and consumers.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

APRIL 10, 2020

“Those channels could be the mobile device, the online device, the ATM, the call center or even in-branch,” said Samy. The advent of the digital age means that, say, a millennial opening that bank account can receive products or services from their FI that touch on financial well-being and educational services.

Examples 168

Examples Mobile Security Technology 168

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. The other is technological innovation. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

AUGUST 17, 2017

With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online. This means that more people are moving their shopping to the online arena.

Retail 127

Retail social media Online Mobile 127

PYMNTS

JUNE 5, 2018

But in recent years, with more emphasis on selling extras on top of bookings, simply presenting fares and flight times in text wasn’t enough,” the report said. MMGY , a travel marketing firm, has found that 33 percent of millennials are willing to use travel agencies. That’s where the visuals come in.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

JANUARY 11, 2017

Global beauty products company Coty is entering into a partnership with online P2P social commerce platform Younique. Indeed, as previously reported by PYMNTS , the beauty industry has become ruled by millennials, women between the ages of 18 and 34 being the main buyers, according to a survey by TABS Analytics.

social media 100

social media Millennials Online Maine 100

PYMNTS

AUGUST 17, 2017

With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology. It turns out that retailers geared toward this younger demographic are having a tough time engaging them online. This means that more people are moving their shopping to the online arena.

Retail 114

Retail social media Online Mobile 114

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 150

Millennials Maine Study Security 150

PYMNTS

SEPTEMBER 20, 2016

It’s true: bots have squeezed their way in and they’re changing the way companies interact with consumers online. . Over the past week, bots are joining the fashion industry at runway events, delivering pizza without hopping off Facebook and peeking through in cloud technology. billion annually in global digital sales.

San Francisco 100

San Francisco Michigan Samsung Millennials 100