Chris Skinner

JUNE 21, 2018

Things we’re reading today include … Driver of City PR chief Roland Rudd quizzed by insider dealing watchdog The Rich Column: why private bankers need to appeal to millennials US banks pass financial stress tests Bank of England to get sweeping new powers as Chancellor says UK will not be … The post Things worth reading: 22nd June (..)

Millennials 178

Millennials US 178

Chris Skinner

JULY 17, 2018

Things we’re reading today include … Why millennials are driving cashless revolution in China Ageing population puts UK on track for ‘unsustainable’ surge in debt, warns OBR Goldman Sachs names DJ-ing banker David Solomon as boss Brexit vote: Government defeats EU customs union bid No-deal Brexit would leave EU worse … (..)

Millennials 171

Millennials 171

Chris Skinner

JULY 26, 2018

Things we’re reading today include … This Is the Bank with the Worst Reputation in America Metro Bank has a credibility problem Why bank mergers are always riskier than markets think Study Reveals Millennials Shun Banks with Poor Online Service Starling Bank card design reflects ‘how we actually use our … The post Things worth (..)

Metro 157

Metro Millennials America Study 157

PYMNTS

APRIL 22, 2019

Millennials have long borne the blame for a variety of problems in commerce, including the decline in popularity of diamonds and certain fast casual restaurants. Millennials could be helping to bring new life to call center commerce. Millennials are increasingly seeking access to luxury goods — including relatively affordable items.

Millennials 158

Millennials New York City social media Branding 158

PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

Millennials 162

Millennials Payments Retail Mobile 162

PYMNTS

JANUARY 10, 2020

Some millennials, in one case, would abandon travel booking processes if their preferred payment method was not offered. Data: $762B: Amount that domestic and international leisure travelers spent in 2018. millennials who pay for hotels with debit cards or cash. 20%: Portion of all global travelers comprised of millennials.

Millennials 130

Millennials Technology Payments Data 130

PYMNTS

APRIL 18, 2019

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Meanwhile, Reuters reported growth in the number of new residents setting down roots in Silicon Valley was 38,000 in 2018, marking a ten year low.

San Francisco 181

San Francisco Millennials San Jose North Carolina 181

PYMNTS

APRIL 9, 2019

Have millennials started starving a segment of commerce in a socially positive way? Added to the list of things millennials are killing — along with homeownership, the institution of marriage and diamond jewelry — is apparently alcohol. Folks in the millennial generation have maybe a better sense of balance. Data from U.S.

Millennials 147

Millennials North Carolina Trends Metro 147

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

Bank Innovation

NOVEMBER 3, 2017

The app, which is set to officially launch in the first half of 2018, enables a customer to open a bank account without walking into a […]. Wells Fargo today announced a standalone personal finance management app, called Greenhouse, for those customers who are new to banking and need an easier way to manage their finances.

Millennials 210

Millennials Management Mobile Payments 210

PYMNTS

DECEMBER 14, 2020

Our research shows that just 20 percent of consumers own eReaders in 2020, for example, down from 23 percent in 2019 and 26 percent in 2018. Thirty-three percent of consumers now own voice assistants, in fact, up from 31 percent in 2019 and 27 percent in 2018.

Millennials 278

Millennials Report Examples Groups 278

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent between 7 p.m.

Retail 179

Retail United States Millennials Online 179

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. As Neale pointed out, this particularly applied to international firms, which may be well-known in their home market but would like to expand globally. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

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

OCTOBER 13, 2020

This means that the share of consumers making purchases … via voice assistant is up 42 percent since 2018 and up 10 percent since 2019,” according to How We Will Pay. The heaviest users of voice commerce are the bridge millennials, the older of that generational group, with more disposable income and high levels of technological fluency.

Millennials 298

Millennials Study Case Study Retail 298

PYMNTS

DECEMBER 26, 2018

52 Mondays 2018 is the second annual edition of those columns, which offer a play-by-play perspective on the developments in the most dynamic ecosystem in the world. They are presented in the order published, giving you, more or less, a mini payments and commerce time capsule for 2018.

Payments 168

Payments Data Millennials Maine 168

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL. About The Tracker.

Millennials 219

Millennials Payments Retail Apple 219

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 2018, toy prices were slashed 31 percent, UBS Analyst Arpine Kocharyan wrote, citing eCommerce trends tracked by Adobe.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

JANUARY 2, 2019

The holiday sales season is nearly done for 2018, and it’s so far so good — particularly for eCommerce. But will 2018’s strong seasonal spending portend a happy commerce new year for retailers? 2,225: The amount bridge millennials spend on average each year on retail purchases.

Millennials 158

Millennials Fraud Maine Retail 158

PYMNTS

OCTOBER 7, 2020

percent of shoppers went to a physical store on that day, which was down five percentage points from 2018. percent shopped online during Black Friday last year, which was double the 2018 number. And then there are the millennials. In fact, a PYMNTS data project that studied Black Friday in 2019 found that only 20.2

Millennials 241

Millennials New York City Retail Study 241

Perficient

DECEMBER 1, 2020

Millennials are now the largest adult generation in the U.S., Census Bureau notes, the number of Americans 65 and older is projected to be 95 million by 2060 — nearly double what it was in 2018. Millennials. No matter where you are in the United States, America’s citizenry is changing. As the U.S. Latino/Hispanic consumers.

Trends 309

Trends Millennials Community Marketing 309

Bank Innovation

NOVEMBER 7, 2017

Wells Fargo is going after first-time millennial investors with its new hybrid roboadvisor, Intuitive Investor. The product, which will be launched in February 2018 according to the bank, was designed with a hybrid approach.

Millennials 186

Millennials Strategy Online Retail 186

Insights on Business

MARCH 19, 2018

Millennials mastering the mainframe. Also from IBM Research are the annual “5 in 5” technology predictions that will change the way the world works. The full list can be viewed here via IBM Research, but as you could imagine, blockchain, quantum have made it to the list, not to mention cleaning up the planet.

blockchain 150

blockchain Millennials Data Technology 150

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The company had received an account information service provider license from Danish authorities in 2018. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

DECEMBER 28, 2018

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. But that’s not all. Stuff vs. Experience.

Retail 156

Retail Trends Course Online 156

PYMNTS

JANUARY 8, 2021

Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading. Robinhood may go public as early as this quarter. The FinTech was valued at around $11.7

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. Buying a house is no small undertaking. percent, compared to 11.9

Millennials 109

Millennials Taxes Lending Marketing 109

PYMNTS

JUNE 15, 2018

One early target audience lies with millennials. The $30 million announced this month, which brings cumulative funding to $40 million, will help the firm finalize the licensing process tied to the German Federal Licensing Supervisory Authority and come to market with its first product later in 2018. In one latest example, beyond U.S.

Millennials 115

Millennials Industry Technology United States 115

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.

Millennials 222

Millennials Study Course Trends 222

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. To track how we will pay, watch how Bridge Millennials pay today.

Millennials 212

Millennials Study Payments Data 212

PYMNTS

DECEMBER 26, 2018

This dovetails well with millennials, who favor a prepaid, eWallet type of app that serves their lifestyles and ensures they “can go spend the money where [they] need to.”. POS Dinosaurs Are Due for Extinction.

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

DECEMBER 9, 2019

The Buy Now, Pay Later Tracker shows that flexible retail solutions can unlock the purchasing power of Generation Z and millennial shoppers. 52 percent: Share of millennials who believe it is acceptable to take on debt during the holiday season. bridge millennials. bridge millennials. Data: $1T: Amount U.S.

Millennials 131

Millennials Retail Data Payments 131

PYMNTS

NOVEMBER 13, 2018

The company is also expanding its roster of customers, perhaps realizing that its core base of young millennials are becoming older millennials who are starting families. Selling more things is only part of Brooklinen’s expansion in late 2018.

New York City 116

New York City Millennials Online Branding 116

PYMNTS

DECEMBER 26, 2018

Merchants from grocers to quick-service restaurants (QSRs) and gas stations rolled out new ways for consumers to transact from mobile ordering to scan-and-go checkout in 2018. As it stands, 73 percent of Bridge Millennials use mobile apps to pay for gas.

Retail 136

Retail Mobile Miami Dallas 136

Perficient

FEBRUARY 9, 2021

In 2018 Gartner reported, “across all industries at least 84% of consumers say their experiences with using digital tools and services fall short of expectations”. Millennials — digital natives with arguably the greatest generational spending power — “have the lowest opinion of most industries’ digital services,” according to the same report.

Meeting 309

Meeting Customer Experience Millennials Branding 309

PYMNTS

FEBRUARY 13, 2020

million – up 19 percent from the fourth quarter of 2018. Total fuel transactions increased 12 percent from the fourth quarter of 2018 to 156 million, while payment processing transactions increased 9 percent to 126.7 billion for the fourth quarter of 2018. million for the fourth quarter of 2018. billion from $8.2

Millennials 150

Millennials Examples Cards Groups 150