PYMNTS

DECEMBER 12, 2016

Along with being largely more tech-savvy, educated and affluent than previous generations, Chinese millennials were also raised in a time of relative stability and affluence in the nation. By then, Chinese millennials could account for about 53 percent of total consumption spending. Chinese millennials are taking on debt 18.5

Millennials 100

Millennials Missouri Boston National 100

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

AUGUST 23, 2016

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data. percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. Among those under the age of 35, home ownership rates are just over 1/3 – and about half the national figures.

Millennials 100

Millennials Washington National Data 100

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

APRIL 24, 2017

And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. and yes, this looks like card data breach. Can we say we told you so?

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

MAY 10, 2018

In an interview with PYMNTS, National Business Systems VP David Riley noted a lack of awareness in the field for smaller firms across several verticals. Millennials are traveling and leaving their credit cards at home. After nearly three years, the transition to EMV in the United States still has its challenges.

National 130

National System United States Fraud 130

PYMNTS

JANUARY 20, 2020

Millennials to the Rescue. The experience of buying, sending and receiving greeting cards continues to undergo changes in a world where social media and sparkling, decorated texts often suffice for getting across congratulatory messages. And they’re buying fancier specialty cards, often with personal touches,” the report stated.

Retail 183

Retail Millennials Cards social media 183

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. How We Will Pay 2019 is an annual national study of more than 5,000 U.S. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Retail 147

PYMNTS

MARCH 2, 2020

The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S.

Cards 130

Cards ATM United States Payments 130

PYMNTS

NOVEMBER 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05.

Millennials 149

Millennials social media Retail Survey 149

PYMNTS

NOVEMBER 27, 2019

The National Retail Federation (NRF) expects a bump in sales for November and December, from somewhere between 3.8 Millennials plan to spend more money this holiday season, and will use their mobile devices to do the majority of their shopping. It also said “ uncertainty over trade ” could potentially harm sales. Consumer Preferences.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Online 175

PYMNTS

SEPTEMBER 23, 2016

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. Credit card balances rose 3.4

Cards 100

Cards Report National Millennials 100

PYMNTS

DECEMBER 6, 2019

The solutions help SMBs compensate international gig workers through credit cards, digital checks and local bank transfers. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

JULY 15, 2020

In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. The idea here was to give millennials and Gen Z, our target audience, access to a diversified portfolio of new economy companies and gig economy companies,” Noto said.

Samsung 162

Samsung National Millennials ATM 162

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 percent of Bridge Millennials did so. In fact, 72.4

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

SEPTEMBER 15, 2020

Plus, First Horizon National Corp. Franklin Templeton Teams Up With Razer to Woo Millennial Investors. Tennessee-based regional financial services company First Horizon National Corp. Hotels.com Debuts Loyalty Program Visa Card. plans to roll out instant business-to-business (B2B) payments with Interchecks.

Tools 131

Tools Fintech Tennessee National 131

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. Et tu , Millennials? Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. percent, which equates to $9.6

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

MAY 1, 2020

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. Social media can show how much millennials and members of Generation Z love hiking, camping and other outdoor activities.

Millennials 141

Millennials social media Retail Guidelines 141

PYMNTS

FEBRUARY 8, 2020

In less than a week, “national engagement season” will be over. And for those saying something to the effect of “there is no such thing as national engagement season,” we would point out the data begs to differ. All in, according to the National Retail Federation (NRF), Americans will drop about $27.4 per person, up 21 percent.

National 185

National Maine Millennials Video 185

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Instant” is becoming the posted speed limit nationally and globally for transactions. It got so bad that New York City became the first municipality in the nation to pass a law making it easier for freelancers to sue for payment.

Millennials 130

Millennials New York City National New York 130

PYMNTS

FEBRUARY 28, 2020

This could mean receiving funds onto payroll cards or mobile apps, as both technologies free them from having to cash checks or wait for money to appear in their bank accounts. . That means deciding whether to have some or all of their funds delivered by direct deposit, paper check or payroll card. Access and Choices.

Cards 130

Cards Meeting Resources Capital 130

PYMNTS

DECEMBER 22, 2018

To learn more about why, PYMNTS this past week caught up with Doug Hundley, a spokesperson for the National Christmas Tree Association. That is helpful especially for “millennial and Generation Xers,” he said. As millennials age, they are often attracted to live Christmas trees “even if they did not grow up with them,” Hundley said.

Industry 134

Industry Millennials Online National 134

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. In the digital identity space, biometrics have become all the rage. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . Affirm says that 67 percent of consumers are looking to avoid credit cards this holiday season. .

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

SEPTEMBER 15, 2017

According to Orloff, LendUp and Beneficial State came up with the idea to offer a socially responsible credit card product several years ago, but it only came to market this spring. Millennials , she noted, tend to enter the credit system with a bang once they start having families. It has a higher interest rate – 19.99 percent to 29.99

Fintech 198

Fintech System Lending Cards 198

PYMNTS

FEBRUARY 20, 2020

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? This represents roughly $2 trillion in annual credit and debit card volumes. Among Bridge Millennials (between 30 and 40 years old), 41.1 In fact, 24.3

Cards 146

Cards Data Management Mobile 146

PYMNTS

JUNE 17, 2019

Hong Kong, India and Australia are among just a few of the nations to launch their own local faster payment systems while a host of other countries are moving forward with their own plans to launch a faster payment scheme.

Payments 201

Payments System National Mobile 201

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 . Walmart+, Amazon Prime Face off as Consumers Decide Who Gets Their Business.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JULY 7, 2020

Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. consumers to shift as much as $100 billion in annual spending from credit to debit cards.”. Financial services firm Visa is also anticipating a strong consumer shift from credit to debit cards.

Cards 135

Cards Millennials Conference America 135

PYMNTS

JANUARY 22, 2020

Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.” By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

OCTOBER 23, 2020

Small and medium-sized businesses (SMBs) can accept payments via a mobile program or touch-free card reader with QuickAccept and get the funds immediately. The rollout of Apple Pay has long been viewed as Apple’s attempt at supplanting shoppers’ utilization of tangible cards for in-store purchases as their main payment method.

Apple 149

Apple Maine Millennials Bitcoin 149