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 … (..)

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Millennials Video Meeting 157

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

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.

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Millennials US 150

PYMNTS

MARCH 13, 2020

Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

Millennials 160

Millennials Taxes Innovation Operations 160

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

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

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

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.

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Millennials Retail Online Analytics 130

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

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Millennials Marketing Trends New York 148

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

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Millennials Community Branding Security 142

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

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

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.

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Nebraska Millennials Marketing Software 199

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.

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Millennials Cards Payments Company 110

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.

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Millennials Policies Management Strategy 111

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

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 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.

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Millennials Mobile User Experience Survey 125

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 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 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

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Millennials Mobile social media US 100

PYMNTS

JANUARY 2, 2019

The vast majority of consumers are still feeling confident about their financial situation, and younger consumers in the bridge millennial demographic are aging into their prime spending years. 2,225: The amount bridge millennials spend on average each year on retail purchases.

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Millennials Fraud Maine Retail 158

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.

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Millennials Groups Study Marketing 100

PYMNTS

APRIL 12, 2019

When Honeyfi got off the ground in 2017, it had a pretty simple idea. Couples could better manage their financial lives if they had a transparent platform where they could share the financial data they wanted to share, keep private what they wanted to hold back — and work jointly to set and meet their financial goals.

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Millennials Tools How To Video 154

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. That’s up sharply from 2017. Bridge Millennials are the 20.7

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Millennials Study Payments Data 212

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

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

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

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Millennials Study Course Trends 222

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.

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Innovation Millennials Mobile Technology 100

PYMNTS

SEPTEMBER 12, 2017

That forecast comes care of “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.” After something of a slow start, mobile eCommerce is set to make up half of all online sales by the year 2020 — worth nearly $250 billion annually. percent of all retail eCommerce sales by the year 2020.

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Mobile Millennials Study Online 205

PYMNTS

MARCH 2, 2018

Millennials are apparently reporting losing money to fraud more often than seniors. But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. In all, 70 percent of consumers say that fraudsters reached out to them by phone.

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Millennials Fraud Taxes Report 138

PYMNTS

NOVEMBER 23, 2017

As of 2017, Thanksgiving’s evolution is continuing forward into the future. According to the American Farm Bureau Federation, 2017’s dinner table prices are hitting five-year lows. According to the study, 80 percent of first-time millennial hosts are nervous that they might over- or undercook the turkey. drop from last year.

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National Retail Survey Examples 131

Accenture: Banking

APRIL 26, 2017

A breakdown of the 2016 findings by age (see Figure 2) reveals what many might regard as a surprising outcome—with millennials being by far the heaviest users of branches, tapering down to OAPs as the lightest. 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

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. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 The media is now doing all kinds of piling onto Snap, claiming that they’re not worth the paper the IPO was printed on.

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Innovation Online Google Millennials 109

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

MAY 3, 2018

Alipay reported processing five times as many in-store transactions overseas this Labor Day compared to Labor Day 2017. Perhaps it comes as no surprise that millennials are the top overseas users of Alipay, with those born in the 1980s and 1990s accounting for 85 percent of overseas Alipay usage this Labor Day. What drove the trend?

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Millennials America National Trends 100