PYMNTS

JUNE 17, 2016

Millennials in China make the vast majority of the mobile payments taking place, eMarketer reported on Thursday (June 16). million users in 2016. Mobile device users ages 21–29 and 30–39 are leading the charge in the country’s mobile payments adoption. percent annually to reach 195.3 In comparison, the U.S. can claim only about 37.5

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Millennials Mobile Payments Marketing 100

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. While other generational groups also lost ground during the Great Recession, millennials as a group have largely missed the recovery.

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Millennials St. Louis Study Groups 109

PYMNTS

APRIL 27, 2017

Just as marketers started to get the hang of this newfangled “millennial” crowd, the next generation comes along to shake things up with different values, preferences and spending patterns. Some call them Generation Z, some call them post-millennials. Some call them Generation Z, some call them post-millennials.

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Millennials social media Survey Video 104

Accenture: Banking

APRIL 26, 2017

As Figure 1 shows, while use of mobile banking services is surging, branch usage by all customers remains remarkably consistent year on year—and indeed in 2016 edged up to its highest level since this research began in 2010. 1-5] Source: UK findings of Accenture 2017 Global Banking Distribution & Marketing Consumer Study— Beyond Digital.

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Millennials social media Innovation Study 277

PYMNTS

OCTOBER 30, 2017

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers. million millennials now make up more than a quarter of the U.S.

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Millennials North Carolina South Carolina social media 109

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. billion) in 2016 in a 20 percent increase from the prior year, Bain & Co said in a report on Wednesday.

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Millennials Branding Retail America 100

PYMNTS

OCTOBER 31, 2017

With 179 million Americans planning to celebrate, up from 171 million last year, sales are projected to surpass those of 2016, which itself set records. percent from 2016, and spending per household is expected to rise to $86.13 So, why are millennials so fascinated by a holiday that was once largely thought to be for children?

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Millennials Retail Los Angeles Survey 105

PYMNTS

NOVEMBER 15, 2018

And while one can reasonably infer that the $1,000 set is probably of a higher quality than the $50 set, food writer Sierra Tishgart realized that for consumers – particularly bridge millennials starting to buy homes, start families and equip kitchens – the world of cookware was something of a black box. Early to say.

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Millennials Branding How To Tools 122

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 101

PYMNTS

APRIL 6, 2016

Though it was their grandparents that gave rise to modern American consumer culture, millennials often get dinged for being too obsessed with having the latest and greatest gadgets. It’s not as if millennials are wiping their dirty hands on their ripped designer jeans, though.

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Millennials Georgia Washington Apple 100

PYMNTS

JANUARY 30, 2017

Target is not the first retailer to go to market with a mobile payments app. Walmart and Kohl’s both made big entrances in 2016 with their respective “Pay” services. Millennials — Target’s main user base — are also mobile payments’ most likely users. Cartwheel has seen strong customer adoption and currently has 30 million users.

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Millennials Mobile Payments United States 100

PYMNTS

OCTOBER 1, 2020

Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process. In fact, 93 percent of millennial BNPL app users have not been subjected to late fees. in 2016 and moved all its U.S. but it plans to expand in both countries.

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Millennials Retail Maine Payments 210

PYMNTS

DECEMBER 29, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of …” eBook. Payments 2016: The Year Of “Hesitation”. We see technology proven in mature markets such as in the U.K., It has to give, though.

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Payments eBook Industry Cards 108

PYMNTS

SEPTEMBER 22, 2016

We take a look at some of the mobile news in 2016 to see what the holiday season and 2017 may have in store. Marketers have latched onto this idea and are ready with videos when consumers visit a website. Marketers might want to rethink. Perhaps, if doing so is convenient and hassle-free. Autoplay May Not Mean Autopay.

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Mobile Video Millennials Payments 100

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Sarah Clark, general manager, identity, Mitek … Payments 2016: The Year Mobile, Biometrics And Trust Converged.

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Mobile Payments eBook User Experience 109

PYMNTS

DECEMBER 17, 2019

Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. It is currently in 12 markets. The company’s Series B round was led by GGV Capital. The funding round closed in late summer.

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Marketing Millennials Capital New York 101

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

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Fraud US Data Payments 110

PYMNTS

JUNE 5, 2018

Millennials are finally moving out of mom and dad’s house and creating their own households, which has increased demand in the housing market. In 2016, 32 percent of young adults were still living with their parents. At the same time, supply has taken a hit due to a shortage of skilled labor.

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Millennials Trends Management Marketing 177

PYMNTS

NOVEMBER 6, 2019

only, the service is slated to soon expand to other global markets. adults age 65 and older own smartphones — a significant jump from the 42 percent who owned them in 2016 and the 18 percent who did so in 2013. consumers can send money domestically through MoneyGram to a recipient’s eligible debit card.

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Millennials Payments Cards Survey 107

PYMNTS

JANUARY 19, 2017

percent increase over 2016. A recent survey of adult smartphone owners under 35 in India, conducted by digital marketing firm Regalix , revealed that 83 percent respondents had used their mobile device to shop online. Researchers point to India as the fastest-growing eCommerce market on the planet.

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Mobile Millennials Survey User Experience 100

FICO

JUNE 22, 2016

Last year Millennials surpassed Baby Boomers as the largest generation in the U.S. ( Pew Research, 2016 ). Millennials (those born between 1997-1981) now number 75.4 Indeed, FICO’s research shows that just 64% of Millennials 18-24 have credit cards. So what do Millennials want in a credit card?

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Millennials eBook Analytics Cards 67

PYMNTS

JUNE 22, 2020

Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards. Wayfair has been offering flexible payments to customers since 2016. Today, this trend is repeating itself,” Nick Molnar , U.S. Retail Response Requested.

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Millennials Cards Examples Retail 151

PYMNTS

JANUARY 24, 2020

Vitamins may be a massive market in the U.S., Among the millennials entering the vitamin fold in early 2015 was Katerina Schneider, founder and CEO of Ritual , a direct-to-consumer digital vitamin company selling clear vitamin capsules out of clear glass bottles on subscription to consumers. “She A massive industry it is.

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Marketing Branding Millennials Apple 133

PYMNTS

DECEMBER 13, 2016

According to DynamicAction’s Retail Index: Holiday 2016 , retailers have increasing their promotions and offers by 52 percent this holiday season. As Generation Z begins to gain a foothold in the consumer-spending environment and millennials mature, their expectations are transforming the retail landscape,” Efros said. “In

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Retail Survey Millennials Training 100

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. As retailers work to market to the coveted Generation Z demographic, they must [employ] modern methods to attract younger shoppers.”.

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Retail Trends Millennials Survey 148

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. As of the report, the company was in 12 markets.

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Millennials Meeting Innovation Mobile 142

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? Financial Inclusion.

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Trends Retail Fraud Mobile 100

PYMNTS

AUGUST 18, 2017

By the end of June this year, the wearables market in particular saw a 1.5 NPD Connected Intelligence’s director, Weston Henderek, commented on the current state of the smartwatch market and what news is expected down the line. At the moment, millennials have a 13 percent penetration rate of the wearables market.

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US Millennials United States Survey 128

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.

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Millennials Mobile Lending Cards 77

PYMNTS

JANUARY 15, 2018

The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S., and select European markets — undertakings that will see hiring accelerate at the company.

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Millennials Branding Capital Report 134

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. Robinhood made money and picked up business without focusing on the rules,” said Tyler Gellasch, executive director of trade association Healthy Markets Association in a statement. “As

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United States FDIC Millennials cryptocurrency 150

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

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Millennials Study Austin Comparison 130

PYMNTS

AUGUST 11, 2017

This stems from emerging markets like China, Russia and the United Arab Emirates starting to move into the luxury purchasing arena, with 70 percent of consumers increasing their spending. Within these emerging markets, we’ve seen retailers make large bets on luxury.

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Millennials Survey Retail social media 122

PYMNTS

NOVEMBER 5, 2018

Cyber Monday, a one-time marketing stunt that has grown monstrous (good monster — not the evil type,) will set yet another retail record this year, Adobe predicted, with sales on Nov. It’s easy to overestimate millennials’ engagement with technology,” he said. percent, reaching $124.1 26 to hit $7.7 billion, up 17.6

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Retail United States Millennials Online 179

NCR

JANUARY 5, 2017

Millennials can no longer be ignored. Still learning and developing as adults, Millennials do have wants, tastes and desires that vary from older generations—but this was also true of Gen X and Gen Y in their younger years. Millennials have more complex media consumption habits than their elders. as was done for their elders.

Millennials 66

Millennials Meeting Analytics Groups 66

PYMNTS

FEBRUARY 14, 2020

While it’s certainly not the case with every firm, for many, years of venture funding and building size and scale are considered favorable to an early entrance into the public markets with the vicissitudes of public investors. But in Australia, Afterpay Co-Founder and U.S.

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Millennials Retail Management US 159

PYMNTS

MAY 13, 2017

Pew’s latest data indicates that more millennials are finishing college only to move back home, and once they’re in, they tend to stay around longer than their older siblings or parents did. Millennials Moving Home. And the number is on the rise within the millennial cohort — 12 percent of millennials were living at home in 2010.

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Millennials Survey Data Report 101