PYMNTS

NOVEMBER 6, 2017

Adherence to corporate travel booking policies is slipping. At the same time, a younger workforce is advancing, while technology is enabling the sharing economy to proliferate – and enabling travelers to book itineraries across devices and platforms. “More millennials are coming into the workforce and are self-sufficient.

Trends 102

Trends Data Cards Management 102

PYMNTS

FEBRUARY 13, 2020

While the company is known for its payment solutions aimed at fuel for fleet services, it also has grown its corporate card and U.S. ” Smith noted that both fuel and healthcare contributed to the strong performance, pointing to integrations with Noventis, Discovery Benefits and Go Fuel Card as examples of its core success.

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Merchants Need To Rethink Booking.

Industry 168

Industry New York City Online Security 168

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently. BB: Yes, exactly.

Millennials 101

Millennials Boston social media Groups 101

PYMNTS

AUGUST 5, 2020

In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees and finance teams. Driving Real-Time Data Through Cards. And, he said, the credit card is a valuable payment tool to achieve that insight.

Cards 199

Cards Software Management Report 199

PYMNTS

NOVEMBER 27, 2018

Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05. Gen Zers and younger millennials were also in a shopping mood, but maybe not a giving one, with the survey showing those aged 18 to 24 spent an average of $149 on holiday purchases for themselves. Of that, $217.37

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

JUNE 18, 2016

This year shoppers are expected to spend a hair under $2 billion on cards and clothes for Dad, and around $1.7 Children buy their fathers things like books and auto parts that don’t tend to show up so often on Mother’s Day, but it doesn’t quite cover the gap. billion consumer electronics. Just about what they spent on mom.

Millennials 100

Millennials social media Data Report 100

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JUNE 14, 2018

Modern consumers — millennials, in particular — couldn’t care less about receiving fine china, crystal stemware or other knickknacks as wedding gifts. This shift has allowed wedding registry platforms to see the revenue opportunity, and they are now working to help satiate millennial consumers’ desires for experiential giving.

Cards 102

Cards Millennials Trends Online 102

PYMNTS

DECEMBER 10, 2018

In an effort to make travel planning easier for those looking to see the world, startups such as Noken are creating mobile personalized itineraries out of hotel, activity and ground transportation bookings. The booking process starts when consumers visit the Noken website and select a destination. The Digital Nomad Market.

Regional 144

Regional Millennials Training Course 144

PYMNTS

SEPTEMBER 6, 2017

The issue, he recently explained to PYMNTS, is travelers spend corporate cash to book travel and then request reimbursements after-the-fact, meaning CFOs and accountants can’t retroactively push for employees to spend less. In his professional experience, Chung said he has identified a major factor that contributed to this trend.

How To 130

How To Cards Industry Trends 130

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

MAY 11, 2020

That fact is increasingly underlined in a variety of data streams: recent PYMNTS consumer surveys, the earnings reports of the card networks, early information on how stimulus funds are being spent – they all tell the same story of consumers tightening their belts and shifting away from discretionary spending and toward necessities.

Millennials 228

Millennials Retail Groups Survey 228

PYMNTS

MAY 17, 2018

Airlines often face a common dilemma when it comes to some of their routes: How do they fill empty seats and ensure their flights are fully booked? When a consumer finds a flight he likes, he can book it for $35 — as long it is within a radius of 1,500 miles. ” The service charges customers a flat monthly fee for access.

Los Angeles 110

Los Angeles New York Metro New York City 110

PYMNTS

AUGUST 23, 2019

This is a fallen angel that still has a lot of bookings and revenue differentiating them from other internet darlings that shuttered,” Forte said. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. Gross profit decreased to $292.1 percent to $532.6

Chicago 145

Chicago Millennials Tools Study 145

PYMNTS

JULY 18, 2018

Luminaries such as professional athletes want to offer once-in-a-lifetime opportunities to consumers, but they have to get the word out and accept bookings before they provide them with unforgettable experiences. Experiences that have a fixed date and time, such as a concert, can be booked like a room on a home-sharing site.

San Francisco 100

San Francisco Examples Millennials Maine 100

BankBazaar

JULY 30, 2019

By Choosing The Right Credit Card. Identify this, because once you do, you can actually get a Credit Card that gives you some amazing discounts on stuff you’re likely to spend money on. Also, many travel cards let you access international airport lounges for FREE! Of course, make sure you settle your Credit Card dues on time!

Cards 109

Cards Branding Millennials Management 109

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

SEPTEMBER 15, 2019

The company is currently in talks with FinTechs about a joint application for one of the licenses, said President Ang Tang Chor, adding that Hong Leong would like to attract more millennials and newly established firms to its customer base. “We Applications are due by the end of the year.

social media 116

social media Fintech Millennials Lending 116

PYMNTS

FEBRUARY 18, 2019

This week, I’m compelled to offer a few thoughts that go against the grain on several topics that made the news last week: Amazon’s NY HQ2 , card interchange fees and Facebook ad revenue. Consumers today can use Alexa to order food, book an Uber and do their banking – and they do. Card Networks Want to Raise Their Prices.

Cards 169

Cards Course Study Retail 169

PYMNTS

JANUARY 21, 2020

That offering, called Certify Enterprise Travel, was meant complement Certify’s existing Certify Travel booking solution, the company said. According to the latest PYMNTS Commerce Connected Playbook , for example, millennials can comprise 20 percent of travelers around the world depending on the type of travel involved.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

APRIL 11, 2017

There’s little doubt that the home share sector is beginning to boom globally among business travelers, with millennials adopting the practice at a greater rate than their older counterparts (as millennials are wont to do). “[Airbnb] is getting serious with business-ready apartment program,” Kang told TechCrunch.

Millennials 100

Millennials Regional Marketing Report 100

PYMNTS

AUGUST 4, 2016

Taking a page out of the copy book of the London Tube, where contactless payments have skyrocketed, the Miami-Dade County’s Department of Transportation and Public Works has signed a $33 million contract with Cubic Transportation Systems to install contactless and mobile payments. Millennials Eschew Bank Mobile Wallets.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

JANUARY 4, 2017

Webster noted that WEX has expanded beyond its marquee fleet management solutions to embrace verticals including health care and travel, with the latter vertical being well-served by virtual cards. Merchants just know how to use those cards. They know how to process them” across hardware and software.

Payments 121

Payments Cards Examples Online 121

PYMNTS

AUGUST 21, 2018

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. Millennial Promise.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

JANUARY 10, 2020

independent sales organizations sold terminals and card processing, mostly to brick-and-mortar merchants. Are Virtual Cards The Future Of B2B Travel Payments? Battle For Millennials. Ten years ago, the world of payments and commerce was in a very different place. Trackers and Reports . How To Win The $1.4T

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

MAY 23, 2017

trillion peak it reached in the fall of 2008 — the same time that the Great Recession was earning its place in the history books. While mortgage delinquency rates continue to fall, delinquency rates on auto loans and credit cards are trending up. Which leads to the bigger overall concern: the millennial borrower.

Millennials 108

Millennials Lending New York Trends 108

PYMNTS

JANUARY 17, 2017

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. This leaves many without the “creditworthy” data that makes “thin files” thick. This is the conundrum,” Ayers admitted. “If

Millennials 100

Millennials Data Fraud social media 100

PYMNTS

AUGUST 12, 2019

A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. It will handle bookings, give immediate answers to customers’ questions and remind customers when they need to re-book. After the first payment, participants can get a $5 Starbucks gift card.

Cards 100

Cards Online United States Chicago 100

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store.

Online 197

Online Retail Mobile Branding 197

FICO

SEPTEMBER 22, 2016

Millennials love their smartphones—so much so that in recent research , millennials ranked them as more important than a toothbrush or even deodorant. It is a good thing 90% of millennials have smartphones! Of course, many of our clients want to know more about millennial banking habits. That is a really mixed story.

Millennials 40

Millennials Survey Mobile Payments 40

PYMNTS

DECEMBER 24, 2019

The company has an option to transfer money to the bank without a debit card for the same fee. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices. Venmo also offers an example of P2P expansion. Now, more U.S.

Cards 160

Cards Payments Study Examples 160

PYMNTS

APRIL 10, 2019

The trend toward installment financing, the company says, is millennial-driven: It claims that only one third — or 33 percent — of people under 30 years of age have a credit card, compared to 55 percent of people ages 30 to 49. It does keep a card on file with a 24-hour hold before the job and the final bill comes after the task.)

Florida 128

Florida Cards Millennials Company 128

PYMNTS

MARCH 21, 2019

The site also has a secure messaging platform that allows users to communicate and book an item. A user who wants to rent an item can submit a request to book the item, and the owner has 48 hours to accept or decline. For payments, the company uses Stripe and accepts credit as well as debit cards.

Retail 130

Retail Millennials Company Security 130

PYMNTS

MAY 11, 2018

At first glimpse, the Marriott move seems small — just another example of the ongoing divorce between payments and physical cards. based hospitality company signed a deal with Alibaba that enabled consumers to book Marriott hotel stays via Fliggy , the travel services platform owned by the China eCommerce giant. Last year, the U.S.-based

Retail 129

Retail Payments social media Mobile 129

PYMNTS

APRIL 13, 2019

Sanctuary Ventures , which describes itself as “the first global media lifestyle brand serving a horoscope/tarot/supernatural-seeking millennial audience,” recently raised $1.5 Texting is the language of millennials and younger people today, so we really wanted to harness that,” he said.

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

JUNE 1, 2017

Millennials and Generation Y have grown up with cybercrime, the executive stated, and parents must have “another type of talk” with their kids: the online safety and security talk, as Volmar termed it. dollar payments via mobile phone versus, say, a cash card from Walmart or some of the other retailers.” .

Payments 110

Payments System Software Mobile 110