Banking 2020

DECEMBER 22, 2014

According to new numbers released by Moody’s Analytics , most adults under the age of 35 have a savings rage of negative 2 percent. Looking at this and other data from the study, the of sought-after millennial generation seems to be saving very little. Why do you think millennials have stopped saving as much in past years?

Millennials 79

Millennials Analytics Study US 79

PYMNTS

AUGUST 23, 2016

The remaining $4 million, stated the executive, is to be used to expand Lendified itself, with emphasis on data and analytics, in the same vein as the company’s acquisition of Mentio Technologies, a firm specializing in cash flow forecasting, earlier this year.

Millennials 100

Millennials Lending United States Maine 100

PYMNTS

NOVEMBER 28, 2017

” Use cases for data analytics are practically limitless, but one area that Rathmann said is key to the small business is being able to benchmark financial positions and compare data to industry peers. “As an example, I’m spending X amount on IT costs per year,” the executive offered. “Is that above normal?

Analytics 113

Analytics Report Data Analysis 113

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Unfortunately for Amex, the signal is a bit too bright — and obvious — meaning millennials don’t like it nearly so much as the unassuming Chase Sapphire Reserve card. and yes, this looks like card data breach.

Millennials 109

Millennials Cards New York Branding 109

FICO

JUNE 22, 2016

Last year Millennials surpassed Baby Boomers as the largest generation in the U.S. ( Millennials (those born between 1997-1981) now number 75.4 The Millennial generation came of age during the Great Recession and some studies from Bankrate and others, have shown they are credit averse, and favor debit cards over credit cards.

Millennials 67

Millennials eBook Analytics Cards 67

Perficient

JULY 12, 2022

We believe there are three essential elements to delivering a personalized experience for consumers (both B2C and B2B): Know – Data and Analytics Relevant to the Customer. population is considered Millennial or younger, as of July 2019) , the demand for personalization grows. Elements of Delivering a Personalized Experience.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

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. Millennials still have a lot of influence in retail but don’t turn your back on Generation Z. Take Target, for instance.

Retail 148

Retail Trends Millennials Survey 148

Bank Innovation

JULY 13, 2017

New platform, new services, new data analytics, but same old Stash. The micro-investing startup will be enhancing its platforms as well as building out new products and services thanks to the Series C round of funding it announced today. What it won’t be doing with the influx of $40 million in fresh capital (bringing its […].

Analytics 210

Analytics Capital Data Millennials 210

PYMNTS

NOVEMBER 27, 2018

In a press release , the NRF and Prosper Insights & Analytics said the average shopper spent $313.29 Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05. on gifts and other holiday items during the five-day shopping period. Of that, $217.37

Millennials 149

Millennials social media Retail Survey 149

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

APRIL 24, 2019

Though not the top priority for onboarding members, these features play an essential role in convincing Gen Z, millennials and Bridge Millennials to sign up with their current CUs. Bridge Millennials are more likely than any other generation to consider switching their primary FI, with 12.7 Among Gen Z members, 50.4

Innovation 134

Innovation Millennials Digital Banking Mobile 134

PYMNTS

APRIL 15, 2020

The new program, dubbed People + Work Connect, is “an analytics-based platform powered by Accenture,” the company said in a statement. millennials identified as gig workers.”. Bringing these two groups together – connecting both sides of the jobs equation – is critical to get displaced people back to work fast,” said Accenture.

Company 187

Company Resources Millennials Analytics 187

Insights on Business

JUNE 14, 2017

; increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. More than ever – millennials seek customized experiences without a corresponding increase in prices. They are tech savvy, mobile and social.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

AUGUST 9, 2019

Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers. He noted that millennials have “grown up with the online world on their smartphones.” Streamlining the back end to keep track of what needs to be shipped and when reduces overhead.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

DECEMBER 8, 2020

billion, and a $20 billion value would show the growth in the company's platform, which has worked to give millennials an easy way to get into amateur stock market trading. In its last private fundraising round in September, Robinhood was valued at $11.7

Millennials 174

Millennials Marketing Capital Analytics 174

PYMNTS

JANUARY 20, 2020

Millennials to the Rescue. Indeed, there are solid reports out there that millennials — that scapegoated generation blamed for the demise of certain fast-casual restaurant chains, densely-packed pieces of primeval carbon (aka diamonds ) and other consumer mainstays — are helping to keep the greeting card industry alive.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

FEBRUARY 11, 2020

Seeley has over 25 years of experience in marketing and worked with Airbnb on its Homes business, where he had responsibilities in things like regional brand marketing, product marketing, global media, brand partnerships, marketing analytics and research. Before all of that, he received an undergraduate degree from University College London.

Marketing 163

Marketing Leadership Millennials Branding 163

PYMNTS

DECEMBER 23, 2019

They’re counting the proportion or number of millennials and Generation Z shoppers at a store, and counting the number of Instagram-popular fashion brands in a store. They also look at conversion, which means the number of people who visit a store’s website and then also come into the store in person to make a purchase.

Retail 131

Retail social media Analytics Millennials 131

PYMNTS

MARCH 9, 2017

Euclid Analytics has found one anomaly that may turn all of this around on its head and bring the retail industry back to more traditional outreach efforts. In its Evolution of Retail, 2017 Generation Z Shopper Survey, the company looked at shopping habits for the younger post-millennial generation.

Study 114

Study Analytics Millennials Retail 114

Payments Source

JULY 6, 2016

While often looked upon by preceding generations as commitment-phobic and "irresponsible job hoppers" laden with severe debt, millennials who receive fair wages tend to be loyal to their employers and committed to building savings and credit, according to the latest Credit Karma Millennial Report.

Millennials 60

Millennials Report Analytics 60

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

PYMNTS

JANUARY 18, 2017

And a separate study by CEB says that more than 50 percent of senior B2C marketers say they rely on tools such as web analytic technology, CRM systems and other related platforms. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” Johnny Ayers, cofounder of Socure, told PYMNTS.

Retail 100

Retail Millennials Study Technology 100

PYMNTS

FEBRUARY 13, 2020

However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials. Conventional wisdom may hold that millennials want a purely self-service experience when it comes to their financial lives.

Millennials 231

Millennials Digital Banking Mobile Course 231

FICO

JANUARY 4, 2018

What were some of the most interesting risk analytics topics last year? Judging from the views on the FICO Blog, risk professionals are keenly interested in new ways to approach risk analytics. Millennials and Credit: Are We Missing the Real Story? Yes, and psychometric risk analytics could expand credit in markets worldwide.

Analytics 58

Analytics Data DC Millennials 58

Perficient

JULY 20, 2020

Quantitative data – market research, buyer and usage trends, web or campaign analytics – verify the types of actions your personas take. Young unengaged millennials will grow up and start to raise families, and the next generation may behave differently. How do I build a healthcare persona?

UX 332

UX Meeting Data Groups 332

PYMNTS

APRIL 25, 2017

In the organization’s history of administering this survey via Prosper Insights & Analytics, this is the highest amount of money ever projected for this special day. Prosper Insights & Analytics’ principal analyst, Pam Goodfellow, commented on this age differentiator. billion this year, up from $21.4 ”

Analytics 101

Analytics Survey Millennials National 101

PYMNTS

AUGUST 4, 2017

Additionally, she noted, that innovation must address the needs of both baby boomer and millennial consumers alike, along with the needs of smaller businesses. It’s not just millennials using these services,” she said, noting that access to digital services is appealing to most age groups. When ‘Wait And See’ Won’t Cut It Anymore.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

DECEMBER 26, 2019

Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. They’re counting the proportion or number of millennials and Generation Z shoppers at a store, and counting the number of Instagram-popular fashion brands in a store. Role of Data.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

OCTOBER 31, 2016

Disappointed millennials rejected by credit card companies. Millennials — Once Rejected, Twice Shy. Millennials’ “take it or leave it” attitude toward credit has been well documented over the last several years. Because there was lots of disappointment to go around last week.

Data 100

Data Millennials Chicago Lending 100

Insights on Business

JUNE 7, 2017

Further, 33% of Millennials are only willing to wait 1 – 3 minutes to get a desired response, 52% have hung up on a customer service call, and 56% of Millennials have switched from one company to another because of underwhelming customer service. Multiply that by an average cost of about $1.00

Millennials 184

Millennials Training Customer Experience System 184

PYMNTS

NOVEMBER 25, 2019

More efficient access to data and analytics is among the potential benefits that automation promises. The Tracker’s Deep Dive highlights the potential ROI for AP organizations and how these tools could prove useful when recruiting millennial candidates. Around The Next-Gen AP Automation World. About The Tracker.

Data 176

Data Tools Millennials Analytics 176

PYMNTS

DECEMBER 28, 2018

This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. Those older millennials between the ages of 30 and 40 have earning power, are well-educated and are settling into more stable careers.

Millennials 145

Millennials Lending Data System 145

PYMNTS

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. While Jet was supposed to reach urban dwellers and millennials, it has not driven traffic.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

JANUARY 22, 2020

They are not only Representing a $50 billion annual global industry, the product appeals to millennial consumers who are moving toward their peak earning years, according to Otherland Founder Abigail Stone. “I DTC Analytics. And much of that innovation and disruption comes down to better analytical prowess.

Los Angeles 131

Los Angeles Analytics Retail Survey 131

PYMNTS

MARCH 14, 2017

Stateside, the coveted millennial market accounted for the largest share of online apparel revenue in 2015 and 2016, according to insight from market research and analytics firm Slice Intelligence. As for where millennials spent their apparel budget, Slice found that millennials are most likely to turn to Amazon.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

NOVEMBER 15, 2019

The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. The heaviest users are millennials, members of Generation X and bridge millennials. That’s even with a shorter shopping season. This year, Thanksgiving lands on Nov.

Retail 128

Retail Mobile Millennials Tools 128

PYMNTS

JUNE 8, 2018

Ceridian announced Dayforce Flight Risk, a solution that uses predictive analytics to forecast when an employee may be ready to quit. According to the company, employees are more likely to switch jobs and careers in an era of record-low unemployment.

Survey 122

Survey Millennials Tools Analytics 122