Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. A regional bank poll of millennials found that not one could name a community institution in their area. As expected, it was a great way to read the temperature of the banking industry.

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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

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. It’s an inspiring story — and one that gets many an innovator out of bed to fight the good startup fight, even in the face of insurmountable odds. What a difference two years makes. billion more.

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Innovation Online Google Millennials 109

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. It should be publishing informed insights but this post was more of a headline grabber from Scott A. million banking jobs by 2025. million banking jobs by 2025.

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Innovation Millennials ATM Data 150

PYMNTS

APRIL 25, 2016

Meeting customers where they are — and giving them content in the way that they consume it — makes sense for Nordstrom , a retailer that saw about 22 percent of its 2015 sales come from eCommerce operations.

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PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples Cards 189

PYMNTS

OCTOBER 1, 2019

A report by Lloyds Bank noted that the share of millennial consumers who fall victim to scams increased by 400 percent in the past year, even though overall fraud incidents declined. The report did have some good news for millennials, however: this demographic loses an average of $3,280 per scam, much less than any other age group.

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Fraud Millennials Regulation Trends 156

PYMNTS

AUGUST 11, 2017

Although luxury revenue took a dive between 2015 to 2016, going from €251 billion down to €249 billion, there has been signs of positive growth in 2017. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

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Millennials Survey Retail social media 122

Abrigo

OCTOBER 15, 2014

This is certainly an interesting innovation, but many bankers may be asking themselves if it’s a practical one. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

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social media Apple United States Innovation 150

PYMNTS

MAY 26, 2017

Nearly half of all payments in 2015 were made using a credit or debit card, according to Expert Market, which equates to more than $121,000 in profits for a single small business. As the millennial generation comes of age and their purchasing power becomes stronger, businesses will have no choice but to pay attention to their preferences.”.

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PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

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Apple Study Innovation Survey 227

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. So much retail and payments innovation takes place in China, and, in a sense, that holds true when it comes to single consumers. Shifting Tide. Singles’ Day.

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Retail Millennials Online Innovation 133

PYMNTS

NOVEMBER 11, 2016

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. Combined with the low cost of distribution, this could result in some huge profit margins for Snapchat.

Millennials 143

Millennials Video Retail Regional 143

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

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Community Bank Apple Community Technology 60

PYMNTS

JANUARY 24, 2019

In fact, in 2015, ICBA Bancard provided more than $800,000 in financial assistance to help its community bank clients prepare for first-gen EMV. Small businesses are becoming more savvy about payments” as well, she noted, adding that many of them are “owned by millennials.”. million payment cards, Giorgio said.

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Community Bank Community Cards United States 156

PYMNTS

APRIL 11, 2016

A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. Research also uncovered gaps in how businesses interact with innovative tools depending on who’s using it — financial executive versus corporate traveler and even millennial business owner versus Baby Boomer.

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Millennials Software social media Cards 100

Insights on Business

JUNE 23, 2017

But as innovative as they were, they didn’t seem to pose much of a threat to century-old institutions with billions in assets. Innovating in the digital front office to serve both audiences. Fortunately, banks have a long history of technological innovation. Shareholders in a bank are usually not as patient.

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Fintech Innovation Technology Branding 154

PYMNTS

MAY 23, 2019

According to the Credit Union Innovation Playbook , a PYMNTS and PSCU collaboration, trust is the driving factor in that choice. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average.

Online 123

Online Millennials Digital Banking Maine 123

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Payment disruption and innovation.

Retail 40

Retail Trends Millennials Mobile 40

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. It’s where older, profitable customers have been slower to adopt new banking technologies that not-yet-profitable millennials pick up quickly and easily. Millennials, who will make up half the U.S. Millennials, who will make up half the U.S.

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Mobile Millennials Community Bank Community 70

PYMNTS

JULY 29, 2016

A report presented at the 2016 Annual Meat Conference found that while just 3 percent of consumers had purchase meat products from a dollar store in 2015, that figure spiked to 7 percent for 2016. First: The normally fickle American shopper has shown a greater proclivity for cheap meat over the expensive stuff.

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Millennials Retail Conference Community 100

PYMNTS

APRIL 15, 2016

It’s taking its Premium McWraps, the signature “healthy” item designed to keep foodie millennials from abandoning it, and 86ing it from the menu. 2015 also marked the opening of Taco Bell’s first storefront in China.

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social media Millennials Branding California 100

PYMNTS

OCTOBER 28, 2016

Owning a home might still be a significant piece of the American Dream, but with two-thirds of American millennials currently renting , it could be a far-fetched dream for young renters. For decades, checks have long been the primary method for rental payments, but for millennials, everything is changing. About The Tracker.

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Payments Software Millennials Management 100

PYMNTS

APRIL 11, 2017

There’s little doubt that the home share sector is beginning to boom globally among business travelers, with millennials adopting the practice at a greater rate than their older counterparts (as millennials are wont to do).

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Millennials Regional Marketing Report 100

PYMNTS

JULY 26, 2016

The past 10 years have comprised the single most powerful and innovative time in the history of technology. The study found that luxury eCommerce was “growing faster than the retail industry at large,” with online sales of luxury products doubling from the beginning of 2014 to the beginning of 2015, according to WBR Digital’s data.

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Branding social media Millennials Study 100

PYMNTS

MARCH 5, 2017

percent in 2015. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. Our partners, and 7-Eleven in particular, have always been very forward-thinking and innovative when it comes to this sort of payment technology market,” Kaplan said.

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Technology San Francisco Analysis United States 100

PYMNTS

SEPTEMBER 25, 2017

smartphone owners now download a grand total of zero apps per month, and most new app downloads are (unsurprisingly) concentrated in the millennial demographic. Users who downloaded apps exclusively from the Play Store in 2015 were subjected to a 0.15 More than half of U.S. In 2016, that percentage dropped to 0.05

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Google Apple Software blockchain 169

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. But not all financial innovations are focused on making such concepts obsolete. trillion in cash in 2015, a higher rate than that of Western European nations. Postal Service (USPS).

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NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. The 2016 Millennial Money Mindset Report, released by iQuantifi earlier this year, reported that nearly 42 percent of millennials want to manage their banking relationship exclusively online. US investment in fintech rose from $3.3

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Fintech Hawaii Community Bank Millennials 75

PYMNTS

JUNE 5, 2018

MMGY , a travel marketing firm, has found that 33 percent of millennials are willing to use travel agencies. Such trends would seem to bode well for the NDC system, which — according to Reuters — was developed by the IATA in 2015 for its members, has undergone two years of testing and stands ready for a wide rollout.

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Millennials System Trends Marketing 100

PYMNTS

MARCH 8, 2019

When the world first encountered the brand in 2011, Dollar Shave Club didn’t have much more than an innovative idea for selling razors and a viral video about the concept. That might be skin issues, dandruff or the wrinkles they are seeing for the first time on their millennial faces. Same quality, but 90 percent less expensive. “The

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Branding Millennials Video Innovation 115

PYMNTS

DECEMBER 14, 2019

According to analyst estimates, a Star Wars movie year is worth $5-$7 billion in merchandising revenue for Disney—and that estimate was made with the 2015 release of the first of the Disney Star Wars films, The Force Awakens. And Disney has made good use of them.

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Maine Retail Innovation Millennials 170

PYMNTS

APRIL 5, 2016

You have banks that are the ones that feel FinTech innovation is just a nuisance and that hopefully it will go away. The demographics are changing with millennials, technology is changing, the way people interact with money is changing.”. 2015, outpacing the 6.9 It’s extremely innovative and an entrepreneurial country.”.

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Innovation Fintech America Payments 100

PYMNTS

SEPTEMBER 16, 2016

With one of the largest global economies (and purchasing power to boot), millennials representing the country’s largest demographic group and increasing competition from smaller players, the country’s mobile landscape is ripe for innovation. Mexico’s mobile industry has officially arrived. percent to 59.8

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Fintech Capital Mobile Millennials 100

PYMNTS

JANUARY 31, 2020

It’s an industry that has — and continues to — shift quickly from its brick-and-mortar roots to an often innovative eCommerce experience. Founded in 2015, it has gradually built up a large enough following that they’ve started to be called “the Warby Parker of Australia,” unironically. Wellness and Sustainability.

Retail 116

Retail Branding Trends Operations 116

PYMNTS

NOVEMBER 5, 2018

Ralph Lauren installed 16 smart mirrors in the fitting rooms at its flagship location on Fifth Avenue in 2015. In an effort to attract millennials, Zara planned to integrate augmented reality into its store, it was reported in March. The device offers style recommendations, selfies and a route to eCommerce.

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social media Los Angeles Retail New York City 152

PYMNTS

JUNE 27, 2017

And as men – particularly single millennial men with a fair amount of discretionary capital to put toward the project – are moving toward a more pro-grooming stance – the market is moving quickly to catch up. Just this week, men’s grooming start-up Oars + Alps bagged $1.3

Millennials 116

Millennials Marketing Capital Branding 116