Bank Innovation

APRIL 11, 2017

One fourth of full-service millennial investors have either tried, or are actively using, a robo-advisory platform, according to a new study by J.D. The study suggests that millennials have now accumulated enough wealth to be in the “sweet spot” for engaging a wealth manager.

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Millennials Study Management Technology 231

PYMNTS

DECEMBER 10, 2020

According to PYMNTS’ new study, Buy Now, Pay Later: Millennials and the Shifting Dynamics of Online Credit , which surveyed nearly 15,000 U.S. While some pundits have said rising BNPL use is due to younger consumers’ aversion to – or lack of – traditional forms of credit, the PYMNTS study showed a different reality.

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Study Millennials Survey Online 173

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. Digital Deliverance For Financial Content.

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Study social media Millennials Retail 196

Bank Innovation

APRIL 6, 2018

Millennial women have the funds available to start investing, but are held back by a fear of beginning the process, as well as the typical reason most millennials aren’t investing: debt, a study released yesterday by loan provider SoFi found.

Millennials 186

Millennials Study Lending 186

PYMNTS

OCTOBER 20, 2016

19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.

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Millennials Study Data Customer Experience 100

PYMNTS

JANUARY 13, 2020

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

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Millennials Branding Mobile Data 154

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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Millennials Study Groups Survey 153

PYMNTS

MARCH 23, 2020

The first study in the series went into the field on March 6-7 and revealed that the public had moved with greater speed than government health officials by engaging in protective behavior that was more stringent than official guidance in the early weeks. Bridge millennials and high-income consumers turned to mobile commerce.

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Study America Millennials Mobile 150

PYMNTS

AUGUST 7, 2020

It also analyzes why younger investors like millennials have remained reticent to invest and how the health crisis could affect this generation’s spending and saving habits, especially as legacy disbursement methods such as paper checks continue to fall out of favor. Millennials have been hit especially hard, with one study finding that 5.6

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Millennials Report Industry Study 159

Bank Innovation

OCTOBER 28, 2016

Turns out even millennials don’t care that much about mobile payments. According to a report presented by the tech consultancy Accenture at Money20/20, the number of those of us in North America who use our mobile phones to pay at the point of sale hasn’t changed in the slightest since last year, Read More.

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Millennials Mobile Study Payments 150

PYMNTS

DECEMBER 10, 2019

Bridge millennials’ rise is changing the retail ecosystem ahead of the 2019 holiday season, but their impacts will continue to be felt in the year ahead. Bridge millennials are consumers aged 30 to 40 whose shopping and financial preferences straddle Gen X and millennial demographics.

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Millennials Retail Groups Online 136

PYMNTS

AUGUST 23, 2017

As more millennials become adults and baby boomers pass on, these young adults will have larger purchasing power. Census, shared that the number of millennials (75.4 Given these figures, and varying degrees of purchasing power, and interest in trying out new technologies in everyday settings, millennials seem to have the upper hand.

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Millennials Industry Groups Study 196

PYMNTS

JANUARY 9, 2020

For example, studies show that one in every five millennials would abandon travel booking processes if their preferred payment method was not offered. Homesharing Platforms Vie For Millennial, Gen Z Travelers. Visit the Playbook’s feature story to find out how Airbnb is prioritizing payments for millennial loyalty.

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Millennials How To Trends Payments 134

PYMNTS

SEPTEMBER 14, 2016

Whether you’re annoyed that they take selfies or that they would rather share than own things, plenty of people knock millennials, especially when it comes to work ethic. For those millennials that have started or are thinking about starting a business, that number is growing, too. Many more millennials started their biz by age 27.

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Millennials Study Survey Report 100

PYMNTS

DECEMBER 5, 2019

In addition, according to the study, affordability will be key, which will be a benefit for mid-sized markets. Demand will be robust, the report said, and with low rates, rising rents and “the ever-expending Millennial population” all contributing to that demand. percent gain in the U.S. in the current quarter.

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Millennials Nevada Arizona Georgia 137

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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Millennials Fraud Report social media 149

PYMNTS

SEPTEMBER 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Having had the time to establish their careers, they enjoy higher spending power than younger millennials, who are just now dipping their toes into the professional world.

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Millennials Retail Study Online 109

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households?

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Millennials Study Trends Marketing 186

PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

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Millennials Payments Retail Mobile 162

Bank Innovation

MARCH 30, 2016

” For Millennials, the cry might as well be, “I want my mobile banking.” ” About 67% of Millennials now use mobile banking, according to a study released today by the Federal Reserve. For Gen Y, the rallying cry was, “I want my MTV.”

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Millennials Mobile Study Marketing 150

PYMNTS

APRIL 13, 2016

According to a new study, millennial shoppers already have. “This research clearly illustrates a trend: Millennials and other mobile-connected consumers want from physical retail what they get online — a highly personalized and convenient shopping experience,” Franson said in a statement.

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Millennials Study Retail Analytics 100

Bank Innovation

JUNE 27, 2016

The millennial and mobile wallet study gathers perceptions, behaviors, and attitudes of this cohort, which represents 75.3 The results from this study seeks to answer three strategic Read More. Bank customer acquisition and retention strategies are at the core of the latest report by Project Catalyst.

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Millennials Mobile Study Strategy 170

PYMNTS

OCTOBER 5, 2018

The stated goal, according to new CEO Jim Brett – is for the brand to build back its audience particularly among millennial shoppers. And as Karen Webster noted in a commentary on the rise of the Bridge Millennials – and what it will mean – merchants are not wrong to be a little obsessed with this group of consumers. “We

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Millennials Retail Branding Mobile 128

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

Millennials 101

Millennials Fraud social media Online 101

PYMNTS

DECEMBER 8, 2020

How We Will Pay , a PYMNTS and Visa collaboration, surveyed a census-balanced sample of nearly 9,600 consumers on how they browse and shop for groceries and other goods, and found while the pandemic affects everyone, “no one has changed quite as much as the two most connected consumer groups of all: bridge millennials and superconnected consumers.”.

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Millennials Survey Course Groups 139

Finer Points

OCTOBER 17, 2014

The nation’s millennials—the biggest and most diverse generation of customers in our nation’s history—account for more than $1 trillion in annual purchasing power. And according to ICBA’s recently released 2014 American Millennials and Banking Study, this generation represents a major opportunity for community banks.

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Community Bank Millennials Community Study 193

PYMNTS

SEPTEMBER 12, 2017

Millennials are making up an increasingly large portion of corporate buying teams, and it’s shaping the way buyers interact with their suppliers, finds the latest research from SnapApp and Heinz Marketing. It surpasses third-party references and case studies, the research found.

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Millennials social media Case Study Survey 123

PYMNTS

SEPTEMBER 11, 2018

Millennial consumers are ready to be brand ambassadors — especially when engaging in mobile commerce with private-label debit programs. The interview with Bailey comes amid increasing focus on how millennials might change gas and convenience store payments. Millennials are ready to be engaged.

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Millennials Mobile Payments Study 126

PYMNTS

OCTOBER 5, 2018

The stated goal, according to new CEO Jim Brett, is for the brand to build back its audience, particularly among millennial shoppers. And, as Karen Webster noted in a commentary on the rise of the bridge millennials – and what it will mean – merchants are not wrong to be a little obsessed with this group of consumers. “We

Millennials 122

Millennials Retail Mobile Branding 122

Bank Innovation

FEBRUARY 12, 2018

adults have at least one full-service banking app on their phones now, according to a study conducted by BankRate. Mobile banking has officially gone mainstream: 55% of U.S. Additionally, those consumers with bank apps are active users, with 70% stating that they use their app at least once a week, the survey of 1,156 adults […].

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Millennials Study Survey Mobile 297

PYMNTS

MAY 23, 2018

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are kind of broke – and they might always be. Louis study titled “ A Lost Generation? As of 2016, only 45 percent of millennials born in the 1980s had bought a home.

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Millennials St. Louis Study Groups 109

PYMNTS

NOVEMBER 1, 2019

consumers, PYMNTS published its third annual How We Will Pay Study in September, in collaboration with Visa. As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers.

Millennials 101

Millennials Groups Examples Technology 101

PYMNTS

NOVEMBER 1, 2019

consumers, PYMNTS published its third annual How We Will Pay Study in September, in collaboration with Visa. As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers.

Millennials 100

Millennials Groups Examples Technology 100

PYMNTS

JULY 17, 2018

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Millennials are shaping the market more than anyone realized.

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Millennials Payments Metro Montana 131

PYMNTS

JULY 18, 2017

Turns out millennials are not the different-kind-of-banking-breed some had thought. In a survey held from the end of June into early July and conducted by SurveyMonkey , the web-based survey firm queried more than 1,000 adults above the age of 18, 290 of which were defined as 18- to 34-year-olds: millennials.

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Millennials social media Survey Online 144

PYMNTS

AUGUST 23, 2019

An AI-Powered Visual Shopping Experience For Millennials, Gen Z. Tech-savvy millennials and Gen Z consumers want a shopping experience that offers visual search to enhance product discoverability, harkening to social media apps such as Instagram and Pinterest. To learn more, visit the Playbook’s feature story.

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Millennials Trends Meeting social media 165

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Interactions’ study found Gen-Z shoppers to be extremely “digitally savvy,” although 64 percent of them shop primarily in stores rather than with online merchants.

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Study Millennials Retail social media 100