PYMNTS

JULY 15, 2020

Wells Fargo appeared to aim Greenhouse at younger consumers or others with little traditional banking involvement when the bank unveiled the app in 2017. Millennial-Banking Apps Are Struggling. If there isn’t, look for more banks to discontinue their millennial-focused apps. Wells Fargo did not provide further details.

Millennials 166

Millennials ATM Mobile Maine 166

PYMNTS

JUNE 28, 2019

72 percent: Share of bridge millennials who think mobile apps are important for accessing bank accounts. trillion: Size of the installment market as measured in 2017. Data: 31 percent: Share of consumers who use mobile banking apps more often than other apps. 16 percent: Estimated CAGR of the global digital banking market through 2024.

Millennials 113

Millennials Digital Banking Mobile Data 113

Chris Skinner

OCTOBER 29, 2017

Things we’re reading today include … HSBC posts huge jump in profit as Asia business grows Bumper payday for EY partners as Brexit drives revenue growth All hail British banks: self-absorbed, short-termist and spivvy Meet the millennial millionaires: Coutts embraces video gamers Former HSBC employees fight clawback of pension income … (..)

Millennials 157

Millennials Video Meeting 157

PYMNTS

NOVEMBER 26, 2019

Paris-based startup Leavy.co , which offers a travel app to help millennials finance their travel plans, has raised $14 million. Founded in 2017 by CEO Aziza Chaouachi, the app has been described as a “travel community and marketplace” that wants to help millennials travel for less. ” The Leavy.co

Millennials 142

Millennials Community Branding Security 142

PYMNTS

APRIL 5, 2019

In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.

Millennials 115

Millennials New York Fintech Cards 115

Chris Skinner

FEBRUARY 8, 2017

Rival branch closures boost Handelsbanken UK Young, savvy and poor: millennial men ‘earn £12,500 less than previous generation by 30’ Mervyn King: MPs’ attitude made Brexit inevitable Why is Greece back in the headlines? The post Things worth reading: 9th February 2017 appeared first on Chris Skinner's blog.

Millennials 150

Millennials US 150

PYMNTS

SEPTEMBER 18, 2018

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. Jet.com is broadening its selection and rolling out same-day delivery in the Big Apple for kinds of items that millennials purportedly crave, like craft beer and local foods.

Millennials 140

Millennials New York City New York Branding 140

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

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.

Millennials 144

Millennials social media Survey Online 144

PYMNTS

MARCH 23, 2018

In an effort to attract millennials to its platform, Square is offering a pilot program that gives its Square Cash Card customers a dollar off their coffee purchases. The effort could change millennials’ payment behaviors, MarketWatch reported. In addition, Cash customers spent more than $90 million during the month, with the No.

Millennials 110

Millennials Cards Payments Company 110

Chris Skinner

JUNE 25, 2017

Jeff is an actor and comedian, … Who needs millennials? I have had many, many conversations about reaching the millennial customer. We need to be attractive to millennials? Millennials think differently, how do we reach them? Millennials are rejecting banks, is that right? Blah, blah, blah, blah, blah.

Millennials 164

Millennials ATM Maine Fintech 164

PYMNTS

MARCH 13, 2017

As retailers across categories fawn over shares of millennial spending power, new insight from market research and analytics firm Slice Intelligence indicates that, in terms of apparel market sales, one online retailer appears to have already won the battle. percent of online apparel sales go to millennials. in 2017, said GeekWire.

Millennials 130

Millennials Retail Online Analytics 130

SWBC's LenderHub

AUGUST 15, 2019

Here are the biggest takeaways: Millennials passed Generation X as the group taking on the most new mortgages in January 2017. In February 2019, Realtor.com released their 2018 Generational Propensity Report which outlined homebuying trends based on generational groups.

Millennials 68

Millennials Groups Trends Report 68

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

MAY 9, 2017

Millennials are officially the largest generation with its 75.4 With its eyes set on luring in millennials to its brand, Coach is looking to acquire Kate Spade for $2.4 Following the closing of this deal in Q3 2017, Coach is expecting to save $50 million over the course of the next three years. million baby boomers.

Millennials 100

Millennials Branding Course Retail 100

Bank Innovation

OCTOBER 20, 2017

The banks’ Venmo challenger is growing quite well, reporting just over $30 billion in transactions for the first half of 2017, but the app in question had a […]. PayPal’s third quarter earnings, specifically the quarterly results of its popular P2P app Venmo, seem to suggest that the answer is yes.

Millennials 312

Millennials Report Online Mobile 312

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.

Millennials 109

Millennials North Carolina South Carolina social media 109

PYMNTS

JUNE 23, 2017

Going Mobile to Win over Millennials. With millennials projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 160

Millennials Mobile Report Dallas 160

PYMNTS

MAY 22, 2017

Capturing the ever-changing mindset of millennials can seem like a continual headache for retailers. With the opening of this new store, which already has 13 locations at GGP malls, Forever 21 will have the opportunity to experiment and focus more on social media friendly millennials.

Millennials 100

Millennials social media Retail Online 100

PYMNTS

DECEMBER 24, 2019

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. In 2017, price discounts were about 19 percent. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

MARCH 1, 2018

According to recent PYMNTS research, in Q4 2017, only 51 percent of gig workers were paid within one week of rendering their services. That’s down from 63 percent in Q3 2017, indicating that more gig workers’ wages are being delayed even further. Can a cash back program help millennials avoid the debt trap? About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

MAY 24, 2016

Millennial moms have been written about fairly exhaustively. Millennials, that precious group of consumers aged 18-34, are no longer merely a trendy demographic. But for all the time wondering about mom, very few have wondered what the world of the millennial dad shopper is — mostly because men stereotypically don’t like to shop.

Millennials 100

Millennials Portland Retail Study 100

PYMNTS

MARCH 7, 2017

Recently Harvard University’s Joint Center for Housing Studies conducted a study titled Improving America’s Housing 2017: Demographic Change and The Remodeling Outlook that looked at the various types of home renovations and which of those are more popular among different age groups.

Millennials 109

Millennials Study Groups Maine 109

PYMNTS

OCTOBER 31, 2017

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. 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 billion, up 8.3 billion, up 8.3

Millennials 105

Millennials Retail Los Angeles Survey 105

Bobsguide

NOVEMBER 16, 2017

The PIMFA Millennial Report 2017 was published today, with the aim of learning how the youngest working generation views personal investment management. Bobsguide's very own Millennial, David Beach, takes a look. Foresight is not often associated as the strongest suit of the young.

Millennials 87

Millennials Management Report 87

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. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

MARCH 4, 2017

Millennials as a generation are probably the most speculated and talked-about generation in human history. More seriously, millennials are increasingly viewed as a generation a bit in peril. Millennials Bowl. As it turns out, millennials love sriracha, yoga pants, Netflix, chilling, Snapchat and bowling. There are 75.4

Millennials 100

Millennials Mobile social media US 100

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

SEPTEMBER 16, 2019

Also, bridge millennials offer profound insight into the future of connected commerce. The service was launched in 2011 but was largely unknown until 2017 when it was purchased by the publicly traded entity Helios + Matheson. And MoviePass , which let customers see up to a movie a day in theaters for under $10 a month, has shuttered.

Millennials 120

Millennials Payments Report Regulation 120

PYMNTS

DECEMBER 13, 2016

Millennials just aren’t buying homes — they are the first generation of Americans since World War II who will meaningfully move away from that vision of the American Dream. Millennial homeownership rates — for those 75.4 Millennials have not, as some have argued, radically thrown off ideas about owning homes en masse.

Millennials 100

Millennials Groups Study Marketing 100

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

Chris Skinner

FEBRUARY 5, 2017

But these are not B2B2C structures. … The key headlines of the past week include … After the Wells Fargo scandal, millennials deserve a ‘Netflix model’ for banking – Recode The days of traditional banking, and the hegemony of big brand-name banks, are coming to a close as consumers demand more transparent, responsive and honest treatment.

Regulation 150

Regulation Millennials Conference Maine 150

PYMNTS

DECEMBER 31, 2016

As PYMNTS puts away our party noisemakers until next year and throws out our novelty New Year eyeglasses, never to be worn again, we realize that the time is nigh — resolution season 2017 has begun! Here are our 2017 resolution recommendations for our favorite key players this time around. Until mid-February, at least. Oh, chatbots.

Apple 109

Apple Security social media Study 109

PYMNTS

FEBRUARY 6, 2017

With the coming of the millennial generation, this replacement of the tangible in favor of the digital is just the way those customers want it. Check out Innovation Project 2017. The money has gone from hand-off to in-hand. The in-hand is through the mobile device. The mobile app has helped replace the point of human contact.

Innovation 100

Innovation Millennials Mobile Technology 100

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

Bank Innovation

FEBRUARY 24, 2017

In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Hip Money – a new app by Hip Pocket – adapts the millennial habit of “swiping” to help them save and pay down debt through a mobile app. Nebraska-based software Read More.

Nebraska 199

Nebraska Millennials Marketing Software 199