Abrigo

AUGUST 1, 2016

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

Millennials 150

Millennials Survey Risk Management Groups 150

PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. Buying a house is no small undertaking. percent, compared to 11.9

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

JUNE 12, 2019

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. Shoppers can then buy products that can be picked up at a local store or delivered to them.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

OCTOBER 31, 2017

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

The Financial Brand

JUNE 6, 2024

This article Navigating Millennials in Banking: Capturing the Impending Generational Wealth Transfer appeared first on The Financial Brand. With millennials bringing forth a major international wealth transfer, regional and community financial institutions are uniquely positioned to help. Here's why.

Millennials 14

Millennials Regional Branding Community 14

PYMNTS

JANUARY 17, 2020

25 percent: Approximate share of millennial women who report buying 10 or more scented candles a year. 17: Number of countries/regions for which eat2explore offers foods. All this, Today in Data. Data: 55 hours: Burn time of each small Otherland candle. 5: Minimum ideal age for which eat2explore’s boxes are designed.

Retail 130

Retail Millennials Regional Data 130

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area. In addition, the company said that her brand is well-known and capable of generating buzz.

social media 180

social media Payments Millennials Regional 180

The Financial Brand

JUNE 26, 2019

Good news for misinformed regional and midsized banking institutions. More Millennials seek their strengths and positive reputations. The post Myth of Branch-Phobic, Digital-Only Millennials Hurts Banking Success appeared first on The Financial Brand.

Millennials 29

Millennials Regional Branding Strategy 29

PYMNTS

JANUARY 21, 2019

countries or regions, an increase from 2.1 Chinese millennials, born between 1990 and 1999, lead the pack when it comes to exotic locations, as 5 percent have even traveled to Nordic countries. Chinese tourists also traveled more than ever before, visiting an average of 2.8 the previous year.

Mobile 142

Mobile Payments Millennials Survey 142

PYMNTS

DECEMBER 7, 2020

The sector, which includes Australia’s AfterPay, Sweden’s Klarna, Canada’s Affirm and others is exempt from consumer credit laws in most regions of the world. It also found that that millennials — born between 1981 and 1996 — are especially enthusiastic about shopping with the option of BNPL transactions.

Capital 184

Capital Cards Millennials Regional 184

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

PYMNTS

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. percent of local and regional FI cardholders that report the availability of this feature. Among this group, 31.4

Regional 241

Regional National Cards Mobile 241

Abrigo

JULY 3, 2017

Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent. The top technology tools millennial owners desire were cloud-based technologies, online invoicing and digital payments, Bill.com said.

Mobile 150

Mobile Millennials Survey eBook 150

PYMNTS

DECEMBER 4, 2020

The year-end acceleration of mergers and acquisitions worldwide will keep bankers busy until the close of 2020, with deals emerging in most regions and industries, Bloomberg reported. DATA: Millennials, Gen X Liked BNPL for Black Friday Clothing Purchases. JPMorgan: Year-End Deal-Making Surge Will Keep Bankers Busy.

Payments 153

Payments Millennials United States Survey 153

American Banker

AUGUST 28, 2016

Sometimes the very challenges millennials introduce — whether it is seeking more benefits, demanding flexible schedules or asking for frequent feedback on performance — can turn banks into better places to work for employees of all ages.

Millennials 53

Millennials Community Bank Regional National 53

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

OCTOBER 23, 2020

Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. Demographic shifts are playing a role as realtor.com noted that almost half of millennials, 49%, “pushed up their plans to buy” housing due to the pandemic. Home sales in that region were up more than 40 percent.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

FEBRUARY 11, 2020

Seeley has over 25 years of experience in marketing and worked with Airbnb on its Homes business, where he had responsibilities in things like regional brand marketing, product marketing, global media, brand partnerships, marketing analytics and research. Before all of that, he received an undergraduate degree from University College London.

Marketing 163

Marketing Leadership Millennials Branding 163

PYMNTS

DECEMBER 8, 2020

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. Millennials are no longer holding back when it comes to homeownership. Things like homeownership. Today’s Buying Boom .

Millennials 353

Millennials United States Marketing National 353

PYMNTS

SEPTEMBER 8, 2020

The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. One-third of millennials have been laid off due to the COVID-19, and another 42 percent said their pay has been cut, researchers reported. The number of young adults living with parents swelled to 26.6

Study 131

Study Boston Millennials Survey 131

PYMNTS

MAY 10, 2017

For wealthy millennials in China, you can add buying an overseas property to the list of useful things a smartphone can do. The Wall Street Journal reports that a whopping 70 percent of Chinese millennials, born between 1981 and 1998, own a home, the highest share of respondents from nine countries and regions.

Millennials 101

Millennials Study Regional Survey 101

American Banker

AUGUST 28, 2016

Millennials came of age in the wake of the Great Recession and have developed a hardened skepticism about banks. For banks to attract them as employees, it's going take more than a promise of work-life balance.

Millennials 43

Millennials Community Bank Regional National 43

PYMNTS

JUNE 5, 2019

countries or regions, an increase from 2.1 As for Chinese millennials, born between 1990 and 1999, 5 percent even traveled to Nordic countries. Chinese tourists also traveled more than ever, visiting an average of 2.8 in the previous year. Last year, Chinese tourists traveled to more exotic locales, like Western Asia and Africa.

Survey 189

Survey Millennials Mobile Maine 189

PYMNTS

SEPTEMBER 15, 2020

Franklin Templeton Teams Up With Razer to Woo Millennial Investors. Tennessee-based regional financial services company First Horizon National Corp. The investment bank created its Marcus Insights platform by harnessing some of the knowledge from its $100 million acquisition of Clarity Money.

Tools 131

Tools Fintech Tennessee National 131

PYMNTS

JUNE 26, 2017

This desire to have a positive impact on their surroundings is also the biggest motivation for younger entrepreneurs to achieve influence, the report found, with millennial entrepreneurs saying influence is more important than wealth. Older entrepreneurs, however, said wealth is more important. Fifty-eight percent of U.K. entrepreneurs.

Millennials 132

Millennials Regional Report Community 132

PYMNTS

JANUARY 18, 2017

There will also be a customer-facing regional structure aimed at five global regions in North America, as well as Europe, the Middle East and Africa; Asia; Latin America; Mexico and Pacific and a reorganization in the departments of line finance, human resources and communications.

Millennials 100

Millennials Branding Regional America 100

PYMNTS

MARCH 6, 2019

As the name implies, it’s global, and will include participants from five regions — including France, host to the competition’s grand prize ceremony, held during the opening week of the FIFA Women’s World Cup in June of this year. To compete, firms must have at least one female co-founder.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

APRIL 30, 2019

After all, the country has around 500 million millennials and roughly 150 million small and medium-sized businesses. The region is drawing interest from global investors who are pouring into FinTechs. Asian funding fell under $1 billion for the first time in five quarters, reported the paper. It has a valuation of $2.7

Fintech 176

Fintech Millennials Regional Financial Technology 176

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. Can banks have it both ways?

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

JUNE 24, 2019

The region is also the home to more than 213 million millennials. Together, Visa and Razer FinTech have the opportunity to transform the payments experience for not only the gaming community, but many of Southeast Asia’s unbanked and underserved consumers as well,” said Chris Clark, Visa’s regional president for Asia Pacific.

Company 100

Company Online San Francisco Payments 100

PYMNTS

APRIL 23, 2019

Most consumers these days, especially millennials, expect products, services and information to be easily and instantly available digitally,” said Natalia Goh, Standard Chartered Bank Singapore’s head of credit cards and personal loans. Applicants can activate their cards after they attain immediate approval for their applications.

Cards 115

Cards Google Regional Samsung 115

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. Alabama-based Regions Bank deployed advanced ATMs as part of its digital push, replacing human tellers at many of its drive-thrus.

ATM 151

ATM Fraud Study Regional 151

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Or at least they should be. The 2016 U.S. Retail Banking Customer Satisfaction Study from J.D.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

FEBRUARY 9, 2018

As California-based Piedmont Avenue Consulting’s David Mitroff told the Post , regional malls can compete by featuring “barber shops, gyms, local stores and other things you can’t just buy on Amazon. The Millennials. As a result, millennial children might inherit less wealth and face healthcare expenses for their parents.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

NOVEMBER 11, 2016

Others referenced regional geotag text with which Snapchat allows users to overlay their photos. It’s not just millennials and post-millennials using a free service any longer. It’s millennials and post-millennials (or their parents, more likely) with expendable income and a credit history.

Millennials 143

Millennials Video Retail Regional 143