PYMNTS

JANUARY 12, 2021

Demand among businesses — especially smaller firms — skyrocketed as they attempted to blunt revenue challenges and keep their operations above water, but these companies faced numerous hiccups when securing financing. Payors surveyed stated that they made only 45 percent of all their disbursements via non-instant payment methods, in fact.

Millennials 239

Millennials Payments Lending Study 239

Abrigo

MAY 24, 2016

Did you know that many of the daily maintenance and management activities in your firm can be handled more effectively with technology? And while the word “technology” itself sometimes sounds like a daunting challenge, good technologies are actually designed with the end user in mind -- and that means you, and not just the IT technician.

Technology 150

Technology social media Software Leadership 150

Abrigo

SEPTEMBER 2, 2015

Katie McConnell, Director of Recruitment and Development at GALLAINA LLP, notes that Millennials currently represent 80 million people or 25% of the United States population. Millennials are the most diverse and technologically savvy generation to date, and that comes with certain expectations for the workplace.

Millennials 150

Millennials Training Survey United States 150

PYMNTS

NOVEMBER 21, 2018

A new survey of small business owners suggests that small businesses are struggling to find the right targets for their technology investments. 20) found that small businesses are overlooking technologies that their customers want or that may improve their operations, including chatbots and artificial intelligence (AI).

Study 129

Study Survey Leadership Millennials 129

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

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. As the latest How We Will Pay survey by PYMNTS and Visa indicates, consumers still shop, but “going shopping” is not quite how they think about it anymore. The current U.K. How We Shop Now .

Millennials 146

Millennials Data Study Survey 146

PYMNTS

JANUARY 29, 2020

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. The other is the latest technology. Few are more familiar with this challenge than St.

St. Louis 130

St. Louis Missouri Survey Kansas 130

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. And 77 percent of them said that technology makes them feel “more in control.”.

Millennials 40

Millennials Study Retail Community Bank 40

NCR

NOVEMBER 9, 2017

For example, 59 percent of millennials have made a peer-to-peer (P2P) digital payment via a mobile device, compared with just 34 per cent of adults across all age groups. Meanwhile, 35 percent of 18 to 34-year-olds said they would rather make P2P payments using biometric technology, whereas the national average was just 30 per cent.

Millennials 40

Millennials Mobile Maine Survey 40

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

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Millennials. million people in the U.S., Generation Z. million Americans.

Retail 147

Retail Millennials Study Trends 147

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

NCR

JUNE 29, 2016

Turns out that was just a preview: Another Facebook executive, EMEA operations chief Nicola Mendelsohn, recently predicted that within five years Facebook “will be definitely mobile, [and] it will be probably all video.”. And it has to do with the dreaded ‘m’ word: Millennials. It’s always been that way. This is the new normal.

Millennials 45

Millennials social media Video Tools 45

PYMNTS

MAY 1, 2020

Yet less than a third of Main Street small and medium-sized businesses (SMBs) are adapting their operations to meet consumers’ post-pandemic expectations. In Main Street On Lockdown: Reinventing The Road To Recovery edition, PYMNTS surveys 437 Main Street SMBs to learn why they are resisting consumers’ shift to doing commerce online.

Maine 141

Maine Millennials Payments Analysis 141

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

PYMNTS

NOVEMBER 16, 2017

It operated out of its first volunteer president’s home for its first five years before moving to a rented office in 1913, later relocating to its own building in 1930. From Mill Workers to Millennials. Mary’s has invested in its information technology (IT) infrastructure in order to deliver more convenient financial services.

Millennials 101

Millennials US New Hampshire Resources 101

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. This is leading to growing interest in technologies, such as artificial intelligence (AI), that can ease customers’ interactions with expanded online menus.

Management 130

Management System Millennials Study 130

PYMNTS

MAY 4, 2017

As many as 56 percent of those surveyed said they were using cash as frequently as they did a year ago; 23 percent were using it more often. As for demographics, Pierce stated that tech use does indeed skew younger, but that millennials do use a hybrid of cash and digital payments.

ATM 192

ATM Millennials United States Study 192

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. And technology is important to him. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. Millennials are much more interested in their work-life balance.”.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. We surveyed more than 5,000 U.S. Introduction.

Report 228

Report Payments Millennials Cards 228

PYMNTS

AUGUST 16, 2018

16), an effort involving Shell , General Motors and mobile payments provider P97 that enables consumers to find and pay for fuel via embedded in-dash technology inside their vehicles. According to Frieden, a typical use case of this fuel payments technology would start when the driver notices a low fuel warning light.

Millennials 102

Millennials Mobile Payments Survey 102

PYMNTS

DECEMBER 18, 2018

When considering the differences across age groups of entrepreneurs, digitization and technology adoption often come to mind first, with younger small business (SMB) owners typically more likely to embrace cutting-edge tools. However, tech adoption isn’t the only difference between age groups.

Survey 144

Survey Groups Technology Tools 144

PYMNTS

APRIL 30, 2019

Along the way, retailers are leveraging, and will continue to leverage, the latest payments technology developments to maximize revenue, while maintaining security of the transactions themselves. The days of the coin- and bill-operated laundry machine are numbered, it seems. This has become an irreversible trend,” he said.

Retail 138

Retail Data Operations Payments 138

PYMNTS

JUNE 26, 2017

A new generation of entrepreneurs is on the horizon, and they’re shaping the way corporates adopt, interact with and influence technology. Meanwhile, about 49 percent of millennial entrepreneurs said the same, though it was still the most common motivation behind the move for both age groups.

Millennials 132

Millennials Regional Report Community 132

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. And technology is important to him. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. Millennials are much more interested in their work-life balance.”.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

MAY 14, 2020

According to Rich Bergsund, Wine.com CEO, the company has hired more than 500 people for its operations, customer service and live chat recommendations teams, while moving others to same-day shipping and a seven-day-a-week business cycle. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

MARCH 3, 2020

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Banks looking to make the most out of these rare visits must use the latest technologies. Digital-first transformations come with their share of trials, however.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

AUGUST 21, 2018

16), Shell , General Motors and mobile payments provider P97 officially announced a service that enables drivers to find and pay for fuel via technology embedded in their vehicles’ dashboards. Shell is not the only fuel provider hoping to transform the gas run with mobile technology. Millennial Promise. Late last week (Aug.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

NOVEMBER 26, 2018

Nearly three-quarters – or 73 percent – of surveyed consumers who use apps to purchase gas say they are likely to shop at the station’s convenience store. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station. Almost half – or 49.4

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

APRIL 26, 2016

In its Expectations & Experiences: Household Finances quarterly consumer trends survey, released on Monday (April 25), the global provider of financial services technology solutions found that, though most respondents were satisfied with their FIs, they had mixed feelings about the financial management skills offered.

Management 100

Management Survey Tools Millennials 100

PYMNTS

APRIL 2, 2018

Josh Glover, EVP of the Americas at banking technology provider nCino, said that when it comes to corporate banking and lending, the end-user experience is just as much of a focus for traditional banks engaging in digital transformation as it is in the consumer banking market. According to Glover, that means banks in the U.S.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. According to a report on restaurant technology usage from Technomic, 79 percent of restaurant customers surveyed agree that technology improves their experience at an eatery.

social media 100

social media Survey Retail Technology 100

PYMNTS

JUNE 11, 2018

The face of the small business owner is changing, and not only because millennials are coming into their entrepreneurial age. million operated as independent contractors, temporary contractors or on-call workers. New data from the Bureau of Labor Statistics published last week offered the U.S. According to the Bureau, 16.5

Survey 109

Survey Taxes Data Community 109

PYMNTS

JANUARY 15, 2019

15) that it has launched a global initiative, She’s Next, Empowered by Visa, which seeks to support the advancement of women-owned small businesses around the world through shared research, experience and technologies. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally.

Atlanta 189

Atlanta New York social media Community 189

Gonzobanker

NOVEMBER 8, 2017

Competition for information technology professionals is at an all-time high, and demand is exceeding supply. At GonzoBanker , we understand that financial institutions are struggling to attract and retain the skilled technology workers that will enable them to realize their growth, operational and competitive strategies.

Management 83

Management Training Technology Leadership 83

PYMNTS

MAY 20, 2019

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

San Francisco 170

San Francisco Retail Philadelphia Cards 170