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

OCTOBER 4, 2020

The trend has grown in recent months. Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. Josh Harris , co-founder of Apollo Global Management , said the SPAC trend is not a flash in the pan.

Google 257

Google San Francisco Capital Millennials 257

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 23, 2016

The remaining $4 million, stated the executive, is to be used to expand Lendified itself, with emphasis on data and analytics, in the same vein as the company’s acquisition of Mentio Technologies, a firm specializing in cash flow forecasting, earlier this year.

Millennials 100

Millennials Lending United States Maine 100

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

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. The February Order To Eat Tracker® details the latest trends in delivery as well as new digital approaches that QSRs are taking to appeal to modern consumers.

Millennials 232

Millennials Trends Strategy United States 232

FICO

JUNE 22, 2022

6 Digital Transformation Trends Highlighted at FICO World 2022. From BNPL to automated decisions with a human face, digital transformation trends are changing the way businesses work. Innovation in digital transformation and emerging trends were firmly front-of-mind this year at FICO World 2022. Tue, 07/02/2019 - 02:45.

Trends 52

Trends Data Customer Experience Analytics 52

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. The location, which stocks products ranging from craft beers to handmade tortillas – has technology that lets shoppers use their phones for payments. The company already had operated an innovation facility in Japan.

Innovation 155

Innovation Millennials Dallas Retail 155

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.

Retail 147

Retail Millennials Study Trends 147

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

DECEMBER 11, 2019

Technology and social media company Facebook is also growing more involved in the sharing economy. To learn more about these and other stories, visit the Playbook’s News & Trends section. Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations.

Marketing 132

Marketing Millennials social media Case Study 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

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

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. Deeper Trends.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

AUGUST 9, 2019

Automating interactions with consumers, of course, translates into fewer staff needed at, say, call centers or onsite in a brick-and-mortar setting, trimming retailers’ operating costs. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

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. Moreover, the data show consumers are varying how they make those commerce connections from home — and trending more toward leveraging voice technology than they ever have before.

Millennials 146

Millennials Data Study Survey 146

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

NCR

NOVEMBER 9, 2017

A similar trend was identified with alternative means of payment. 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. The post Has the phone replaced the branch for millennials? Image: iStock/diego_cervo.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

AUGUST 19, 2019

Don’t count out older consumers when it comes to mobile commerce – that’s one trend going forward into the 2020s that is important as the population continues to age. Millennials and bridge millennials use apps most frequently for planning in-store purchases – 47.9 percent and 42.8 percent, respectively.

Mobile 179

Mobile Millennials Retail Online 179

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

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

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

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JANUARY 8, 2020

Sustainable commerce is having a moment — well, two or three of them given how millennials and even younger consumers champion the trend — and that applies to food waste and commerce involving meat and plants. That technology can be a bit complicated, and PYMNTS is not a science or engineering journal. Need for Transparency.

Trends 131

Trends Maine Technology Capital 131

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

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. Tradesy CEO: Millennial Women, Louboutin Shoes And Restarting The Economy. They’re eyeing risk exposure while at the same time trying to help consumers get back on their feet.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JUNE 7, 2017

The latest Expectations & Experiences consumer trends survey from Fiserv , a leading global provider of financial services technology solutions, finds that consumers are paying more bills from mobile devices while slowly starting to venture into digital wallets.

Survey 115

Survey Mobile Millennials Cards 115

PYMNTS

DECEMBER 31, 2020

As much as a click from the Kardashians helped spread the brand awareness and jump-start his company, Molnar said, as a spending trend among young consumers set the stage for BNPL's success. All of these changes we're seeing are the result of a few mega-trends," Moinian said. The other is technological innovation.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JUNE 7, 2019

startup that operates an app where individuals sell items on social feeds, has raised $62 million in venture funding. The company plans to use the funding to boost its technology for recommendations and images, as well as to expand in the U.S. According to Raga, trends are now set by individuals and not just brands.

US 100

US Millennials Trends Capital 100

PYMNTS

APRIL 17, 2019

At the Shanghai Auto Show earlier this week, the eCommerce operator and digital payments provider reportedly said it is “developing apps for connected cars that will let drivers find restaurants, queue up and make reservations at restaurants, order food and eventually complete a plethora of other tasks using voice, motion or touch control.”

Millennials 122

Millennials Mobile Trends Payments 122

PYMNTS

MAY 4, 2017

The Cardtronics executives noted that the studies are not all that surprising, and where once the findings reflected increasing cash adoption across, say, Europe, recent research has borne out the same trends in Europe and the Americas. Turning to the Americas — defined as the U.S., percent over that time frame. percent over that time frame.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 5, 2018

However, the projections go further than the sales figures and help anticipate new trends for the 2018 holiday shopping season. It’s easy to overestimate millennials’ engagement with technology,” he said. percent between 7 p.m. and 10 p.m. Offline And Online Cozy Up. Think of it from another angle, though. Voice Shopping.

Retail 179

Retail United States Millennials Study 179

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. Additionally, she noted, that innovation must address the needs of both baby boomer and millennial consumers alike, along with the needs of smaller businesses. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JANUARY 18, 2019

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. Urban centers could use connected technology to track the speed and efficiency of buses, trains and subways, as well as public and private vehicles.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

NOVEMBER 5, 2019

Convenience stores are not only a staple of consumer life — they also operate under often bad reputations, as places where the coffee is supposed to be stale and the food unhealthy. The company sells pay-by-sound technology that requires no point-of-sale (POS) upgrades. But things are changing fast in this corner of retail.

Retail 101

Retail Millennials Mobile Training 101

PYMNTS

JUNE 5, 2018

Travel agents and tour operators might seem a relic of the past — as useful, perhaps, as cassette tapes — but an estimated 45 percent of tour bookings still go through those travel professionals, according to Phocuswright , another travel research firm. That’s not to say travel agents have resisted the digital trend, of course.

Millennials 100

Millennials System Trends Marketing 100