Bank Innovation

OCTOBER 28, 2016

Turns out even millennials don’t care that much about mobile payments. According to a report presented by the tech consultancy Accenture at Money20/20, the number of those of us in North America who use our mobile phones to pay at the point of sale hasn’t changed in the slightest since last year, Read More.

Millennials 150

Millennials Mobile Study Payments 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

MAY 10, 2017

The millennial generation is often viewed as the entitled group of youngsters that believe everyone should get a participation trophy, while baby boomers are typically seen as more of a “pull yourself up by your own bootstraps” kind of generation. What makes this even worse is that millennial unemployment is an astounding 11.5

Millennials 135

Millennials Maine Groups Retail 135

Payments Dive

MAY 12, 2017

Bank of America's latest Trends in Consumer Mobility Report shows that P2P adoption is strong across all generations. While millennials lead the charge, Gen Xers, baby boomers and even seniors use such services to varying degrees.

Mobile 218

Mobile Millennials America Trends 218

PYMNTS

DECEMBER 15, 2017

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. Assemble for millennials is a toolkit that issuers, corporations and IBCUs can use to enable digital financial solutions, in this case targeting millennials, using a single-access digital prepaid product. What Millennials Want.

Millennials 134

Millennials Management Cards Security 134

Bank Innovation

JUNE 13, 2018

PREMIUM - Millennials have Venmo, banks have Zelle, but what’s the P2P payments preference for credit unions? In fact, credit unions like America First Credit Union and Mountain America Federal Credit Union are already connected to Zelle’s platform. […].

Millennials 186

Millennials America System Payments 186

PYMNTS

MARCH 23, 2020

Standout findings from “ Navigating The COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives in the Wake of the Outbreak ” include the following: Eighty-five percent of the population was at least “slightly” concerned about the COVID-19 pandemic, with bridge millennials expressing the most concern.

Study 150

Study America Millennials Mobile 150

PYMNTS

JANUARY 24, 2018

In the Americas, cash is still being put to use by a solid chunk of the population, notably among North American nations. also boasts a greater ATM availability score of 60, according to the PYMNTS ATM Availability Index, almost twice as high as the Americas ATM availability score of 32. Cash’s role in commerce dates back to 600 B.C.

America 122

America ATM New Jersey Millennials 122

PYMNTS

MAY 20, 2017

No, we’re talking about the real debate in America and the answer to the most important questions facing our nation today. Are millennials eating too many avocados on toast for their own good? No, we’re not talking about the appointment of the Special Prosecutor to investigate the firing of James Comey.

Millennials 119

Millennials San Francisco New York New York City 119

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

Perficient

DECEMBER 1, 2020

No matter where you are in the United States, America’s citizenry is changing. Millennials are now the largest adult generation in the U.S., Even in areas that are less ethnically and racially diverse, the growth of both millennial and aging populations is proving to be both a clinical and marketing challenge. Millennials.

Trends 309

Trends Millennials Community Marketing 309

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 Regional 109

PYMNTS

AUGUST 10, 2017

Bank of America is getting into the high end rewards credit card battle, rolling out the Bank of America Premium Rewards credit card in September. For Bank of America customers who have $20,000 or more in a checking, savings or investment account with the company, they will earn more points. Those with $20,000 to $50,000 get 2.5

America 109

America Cards Marketing Millennials 109

PYMNTS

MARCH 23, 2016

Student loan debt — it’s an issue in the halls of academia across America, in the halls of power on Wall Street and even on the presidential campaign trail. However, several white-collar employers have instituted their own solutions to solve the student debt crisis in America: repayment assistance for employees and applicants.

Millennials 100

Millennials America Taxes Boston 100

PYMNTS

APRIL 14, 2016

Bank of America just took a major step toward extending its mobile banking services to a growing base of millennials that are steering away from traditional banking. The bank announced its collaboration with Facebook in which it is developing new capabilities that would allow its customers to stay connected with the bank on Messenger.

America 100

America Charlotte Millennials Conference 100

PYMNTS

OCTOBER 2, 2017

In an interview with Joseph Daly, COO of Paysafe Payments Processing, North America, the executive said that within the U.S., “you millennials), “plastic does not even have to be a card anymore; it means access to … schemes such as Visa and Mastercard, perhaps through mobile devices … they will get on that and stay on that.”.

Millennials 119

Millennials Cards Retail Study 119

PYMNTS

SEPTEMBER 27, 2017

In fact, a study by NeighborWorks America, a nonprofit that helps promote access to homeownership, found that one in four millennials have delayed buying a home because of student debt – and half of millennials said they worry about their student loans all or most of the time.

Millennials 103

Millennials Miami New York America 103

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. The most pressing case for the youth of America’s lack of interest in paper napkins comes from a Mintel survey on household paper product usage for Feb.

Millennials 100

Millennials Georgia Washington Apple 100

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.

Millennials 100

Millennials Branding Retail America 100

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

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. It provides an exhaustive and statistically reliable portrait of the connected consumer in America. consumers shop and pay — today and in the future. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

Bank Innovation

JULY 11, 2018

Unlike others such as JPMorgan Chase’s Finn, which was rolled out nationwide earlier this month, this digital bank is not catering to the general ‘millennial’ audience as is evident by its $5,000 deposit minimum. […].

Groups 225

Groups Millennials Digital Banking Operations 225

PYMNTS

NOVEMBER 6, 2019

Last month, Bank of America revealed that it saw a 76 percent year-over-year increase in Zelle payments in Q3. “Today, one in two adults with a U.S. bank account have access to Zelle in their mobile banking app,” Lou Anne Alexander, group president, payments solutions at Zelle operator Early Warning, said in a press release.

Millennials 107

Millennials Payments Cards Survey 107

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. but it plans to expand in both countries. in 2016 and moved all its U.S.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

MAY 12, 2017

According to Bank of America’s latest research, Bank of America Trends in Consumer Mobility Report , millennials are leading the charge in pushing for digital P2P payments via mobile apps. 62 percent | Percentage of P2P payments stemming from millennials. Here are the numbers: 36 percent | Percentage of U.S.

Millennials 109

Millennials Payments Data America 109

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Turning to the Americas — defined as the U.S., percent over that time frame.

ATM 192

ATM Millennials United States Study 192

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

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

NOVEMBER 11, 2020

to bring Afterpay to such a powerful set of brands and their customers,” said Melissa Davis , head of North America at Afterpay. . This partnership stems from our shared desire to enhance the digital shopping experience for the very valuable Millennial and Gen Z consumers who prefer to spend their own money and pay over time with Afterpay.”.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

DECEMBER 6, 2018

Gass’ hope is to help push the Kohl’s base lower, as she is looking to draw millennial customers to the brand as their new go-to location for merchandise of all kinds. We’re Middle America. “This is the quintessential Kohl’s shopper we want to see in the future,” she said. We want to own the middle.”.

Millennials 109

Millennials Branding Retail Milwaukee 109

PYMNTS

MAY 28, 2019

Bank of America announced on Tuesday (May 28) that its AI-powered virtual assistant Erica has surpassed seven million users and 50 million client requests, the bank said in a release. The generational breakdown for Erica’s use is 15 percent from Gen Z, 49 percent from millennials, 20 percent from Gen Xers and 16 percent from baby boomers.

America 135

America Millennials Digital Banking Capital 135

PYMNTS

JUNE 2, 2017

Bank of America Merrill Lynch released a new study Thursday (June 1) that shows 56 percent of workers are stressed out about their finances. This stress wears most heavily on the health of younger employees, 68 percent of Millennials versus 51 percent of baby boomers, Bank of America said.

Millennials 101

Millennials America Study Survey 101

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Consumer deposits and savings are the bread and butter of any traditional bank, and Bank of America is no exception.

America 101

America Lending Cards Capital 101

PYMNTS

MAY 3, 2018

In America, holidays like Halloween, Father’s Day and Mother’s Day, Easter and Valentine’s Day can really get the funds flowing. 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.

Millennials 100

Millennials America National Trends 100

PYMNTS

DECEMBER 4, 2018

In September, Bank of America announced that it would roll out a Premium Rewards credit card that offers customers unlimited points that never expire. The Millennials Cometh. We are talking here, of course, about millennials. In fact, more than half of FIs plan to focus on digital wallets over the next three years.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

FEBRUARY 11, 2019

People seeking to go into nature will often rent cars and stay in hotels, but those he met on his tour wanted something different: They wanted to experience the open roads of North America in RVs. Millennials, for instance, aren’t interested in buying homes or cars. They want everything on demand,” Cavins said.

San Francisco 219

San Francisco Millennials Miami America 219

PYMNTS

JANUARY 7, 2021

390 : Minimum number of stores Charming Charlie had at its height in North America, the Middle East and the Philippines. 75% : Share of millennials who are actively changing their consumption habits to help the environment. 2014 : The year that healthy pet food company Freshpet went public.

Retail 141

Retail Payments Millennials America 141