PYMNTS

APRIL 4, 2019

According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services.

Mobile 169

Mobile Study Security social media 169

PYMNTS

DECEMBER 26, 2019

They’re counting the proportion or number of millennials and Generation Z shoppers at a store, and counting the number of Instagram-popular fashion brands in a store. They reported that retailers are slowly incorporating more cameras into stores to study demographics like age and gender.

Retail 132

Retail Trends Analytics social media 132

Independent Banker

MARCH 15, 2015

Texting millennials enters their private zone. Millennials want to be acknowledged. Millennials are leery and untrusting of sales pitches, but they’re eager for unbiased financial information and assistance. But do community banks know the unwritten rules of successfully engaging with millennials? Seek permission.

Millennials 70

Millennials Community Bank Community social media 70

Independent Banker

FEBRUARY 24, 2015

Texting millennials enters their private zone. Millennials want to be acknowledged. Millennials are leery and untrusting of sales pitches, but they’re eager for unbiased financial information and assistance. But do community banks know the unwritten rules of successfully engaging with millennials? Seek permission.

Millennials 70

Millennials Community Bank Community social media 70

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Social Media. In the U.S.

Online 101

Online Fraud Branding social media 101

PYMNTS

JANUARY 14, 2021

One survey determined that 19 percent of failed deliveries stem from erroneous delivery addresses, for example, and 66 percent of respondents cited address accuracy as key to their business operations. Consumers may lack trust in the identity verification process during onboarding, according to one study.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

OCTOBER 29, 2018

In fact, according to our recent study, they come in dead last. Meanwhile, operating system upgrades give consumers the benefits of new features on older handsets – for free. The How We Will Pay study , just published in collaboration with Visa, shows that a staggering 27 percent of the U.S.

Payments 196

Payments Google Apple Innovation 196

CB Insights

AUGUST 2, 2018

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. PayPal subsidiary Venmo’s forthcoming Venmo Card operates in a similar fashion. Transactions made with the card will be funded solely by a Venmo account balance.

Cards 71

Cards Fintech UX Strategy 71

Independent Banker

AUGUST 25, 2016

social media presence. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use.

social media 70

social media Community Bank Community Video 70

PYMNTS

OCTOBER 30, 2019

For now, though, the focus is getting this accelerator effort off the ground — Walmart will hold the majority stake in that operation — and getting more consumers to sign up for Walmart MoneyCard accounts. In fact, in June 2019, a PYMNTS study of 1,037 U.S. In fact, in June 2019, a PYMNTS study of 1,037 U.S.

Retail 110

Retail social media Fintech Study 110

PYMNTS

SEPTEMBER 10, 2018

That principle seems to hold true with millennials , as they lose some of the consumer spotlight to their successors in Gen Z. One study that mirrors findings of others — this one from Euclid Analytics — found that 66 percent of Gen Zers prefer in-store shopping , while 28 percent want to interact with store associates.

Millennials 112

Millennials San Diego Branding Study 112

PYMNTS

APRIL 11, 2016

Research also uncovered gaps in how businesses interact with innovative tools depending on who’s using it — financial executive versus corporate traveler and even millennial business owner versus Baby Boomer. Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards.

Millennials 100

Millennials social media Software Cards 100

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Maine 78