NCR

AUGUST 14, 2017

It can be tempting to view online banking as the inevitable future of the sector. Yet despite the rush towards online services, banks shouldn’t forget that not all their customers will be on board with this. The reasons for shunning online services. The post Who are the holdouts still not using online banking?

Online 85

Online United States Millennials Digital Banking 85

PYMNTS

JUNE 4, 2019

Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. In fact, Pizza Hut’s claim to fame is that it sold its first online order way back in 1994. Mobile Ordering Appeals to Millennials. Meeting consumer demand is vital. This is the audience for mobile ordering. percent vs. 45.8 percent.

Millennials 184

Millennials Google Mobile Report 184

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

FEBRUARY 13, 2017

In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. consumers in the arms of online grocers by 2025 — purchases that the study suggests will value over $100 billion. Online grocery sales in 2016 represent about 4.3

New York City 123

New York City Millennials New York Online 123

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. The rise of Oyo comes amid other innovations and disruptions in the world of online travel. and Europe.

Online 100

Online Retail Marketing Capital 100

PYMNTS

JUNE 7, 2017

And digital wallet adoption is growing at a slow but steady rate, with 13 percent of consumers indicating they have used a digital wallet in the last 30 days, up from 11 percent in 2015 and 8 percent in 2014. Fifteen percent of consumers said they had used a digital wallet in the past year.

Survey 115

Survey Mobile Millennials Cards 115

PYMNTS

JANUARY 14, 2019

That’s because they’ve trained consumers over the last half decade that walking into a store isn’t as nearly as satisfying or productive an experience as shopping online—and not necessarily from those same traditional players. population was online. And another seven – until 2014 – for more than half of the U.S.

Retail 198

Retail Online Mobile Data 198

PYMNTS

MARCH 11, 2019

And Phillips, on the eve of founding his dessert delivery on-demand business SugarMoo in 2014, had two problems to solve. This was a pretty big leap since online food delivery business in Dubai was worth $750 million per year at the time. The first was cupcakes, which were everywhere five years ago.

Online 148

Online Marketing Branding Millennials 148

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. percent also reported having bought retail goods online in the last 24 hours.

Millennials 150

Millennials Retail Report Mobile 150

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. There are signs of an emerging mini-genre online that gives advice on what single people should buy at that warehouse store – which, of course, sells items in bulk. It takes place on Nov.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

APRIL 16, 2018

The news comes about four years after Weddington Way closed on another $9 million in funding, in August of 2014. The San Francisco-based startup lets brides and bridesmaids shop together online, mimicking the traditional offline bridal-party-shopping outing. The investment round brought the company’s total funding to $11.5

San Francisco 112

San Francisco Millennials Online Branding 112

PYMNTS

DECEMBER 14, 2018

A growing group of consumers — particularly millennials and other young shoppers — are embracing connected grocery offerings. Online and mobile food sales are projected to have a 13 percent annual growth rate in 2018, with digital supermarket sales projected to reach $100 billion by 2025. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

FEBRUARY 17, 2020

The firm completed the first phase of its transformation in 2014, allowing it to use real-time analytics and IT tools to create dynamic pricing models and enable online and mobile app transactions. Those using hard currency can order tickets online and pay for them upon pickup at brick-and-mortar retailers.

Security 141

Security Tools Fraud System 141

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. Jack Randall, a spokesman for Robinhood, declined to comment.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

MARCH 14, 2016

Visa has rolled out a new feature for its Visa Checkout online digital payment option aimed at making mobile commerce more interactive and faster. Visa Checkout was launched in 2014, now has more than 11 million users and was designed to allow consumers to pay online, using any device, without being taken off a merchant’s app or site.

Mobile 100

Mobile Millennials Online Innovation 100

PYMNTS

JANUARY 15, 2019

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. To that end, Visa said on Tuesday (Jan. Kereere said that to date there has been “not enough conversation” around the issues that are being explored through the new program.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

DECEMBER 19, 2016

Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. The problem is that online commerce in general — and Amazon specially — really cut back on how appealing that plan was for consumers. Good news for merchants — those millennials are spending more. Notable Changes.

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

NCR

JUNE 21, 2016

According to a recent study , all four of the leading banks are among the ten least-loved brands by Gen Y, and one in three millennials revealed they’re open to switching financial institutions in the next 90 days. Millennials don’t like traditional banks and don’t see any stark differences between them. The Rise of the Digital Bank.

Millennials 45

Millennials Data Study Digital Banking 45

Celent Banking

APRIL 23, 2015

In Celent’s October 2014 survey of North American financial institutions, we found that less than a third of responding FIs have a single person responsible for all delivery channels. We hear it all the time; “Millennials don’t use branches.” “Old Interestingly, this appeared to be more likely among large banks.

Survey 100

Survey Mobile Millennials ATM 100

PYMNTS

FEBRUARY 5, 2020

As Afterpay CTO Akash Garg noted, that confirms something they’ve believed since their launch in 2014: All over the world, consumers – particularly younger consumers – are thinking differently about shopping, and how they want to integrate it into their financial lives. And Australian BNPL provider Afterpay , which has expanded into the U.S.

Cards 143

Cards Millennials Regulation United States 143

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

DECEMBER 3, 2020

percent of Black Friday online shoppers used flexible buy now, pay later (BNPL) credit offers to pay for their purchases. After launching its first “buy now, pay later” product in 2014, the Japanese FinTech Paidy has followed up with Paidy 3-Pay. New consumer data from PYMNTS shows 3.7

Survey 167

Survey Study Retail Millennials 167

PYMNTS

SEPTEMBER 16, 2016

Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. It’s projected that Mexico will represent the world’s fifth-largest economy by 2050.

Fintech 100

Fintech Capital Mobile Millennials 100

FICO

SEPTEMBER 22, 2016

Millennials love their smartphones—so much so that in recent research , millennials ranked them as more important than a toothbrush or even deodorant. It is a good thing 90% of millennials have smartphones! Of course, many of our clients want to know more about millennial banking habits. That is a really mixed story.

Millennials 40

Millennials Survey Mobile Payments 40

PYMNTS

JULY 26, 2016

Very few consumers want to pay full price for an item any longer, and there are plenty of off-price and off-brand sellers and third-party retailers lining up to get them those deals, both online and at brick-and-mortar stores. But an interesting thing happened with millennials when the luxury item in question suddenly became “trendy.”

Branding 100

Branding social media Millennials Study 100

PYMNTS

SEPTEMBER 19, 2016

19) that the one-time giant of online auctions has, in past years, been fighting an uphill battle to make inroads against Amazon, but the strategy will hinge going forward on becoming, well, the “anti-Amazon.”. One key test came amid a hacking scandal in 2014, with a data breach that hit consumers. Bloomberg reported on Monday (Sept.

Las Vegas 100

Las Vegas social media Millennials Online 100

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Battle For Millennials. It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. How To Win The $1.4T

San Francisco 130

San Francisco Millennials Cards Retail 130

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Take PayPal, for example. And therein lies the rub. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. More than half of them are 45 or above, according to the study, while millennials only make up 16 percent of this demographic. So, what’s going on here? Have consumers just suddenly become very cheap?

Branding 100

Branding Retail Study Portland 100

PYMNTS

APRIL 2, 2018

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. Tuesday (Oct. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Study data indicate that 73.1

Apple 133

Apple Payments Study Mobile 133

PYMNTS

SEPTEMBER 22, 2016

And, according to Pew Research, millennials are the group most concerned about running out of data (and the group most likely to use a mobile phone for payments). If we watch online, we skip ads — and given access to the right apps, we block them altogether … Most of us don’t like being sold to, especially by someone we don’t know.”.

Mobile 100

Mobile Video Millennials Payments 100

Jeff For Banks

JULY 5, 2022

And products started migrating online. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time.

Millennials 78

Millennials Community Pennsylvania Meeting 78

PYMNTS

SEPTEMBER 20, 2016

It’s true: bots have squeezed their way in and they’re changing the way companies interact with consumers online. . Ellison, who stepped down from CEO to CTO in 2014, said yes, those new cards were clearly overdue and then had the bot ship them to a set address. Nay, double dare you to find an industry without a bot.

San Francisco 100

San Francisco Michigan Samsung Millennials 100

PYMNTS

NOVEMBER 8, 2017

Millennials are taking a mobile-first approach to banking, driving that transformation. However, older populations — and even millennials — still need the services provided by bank branches. These contactless transactions decrease fraud, which is a critical service with ATM skimmer fraud up 500 percent since 2014.

ATM 126

ATM Strategy Mobile Millennials 126

NCR

NOVEMBER 29, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. The online review space has entered the social media era, and banks are struggling to catch up. Online reviews are social media.

Online 40

Online social media Management Compliance 40