PYMNTS

JUNE 23, 2017

Over the course of the past month, several companies debuted new features and solutions designed to speed up service. Going Mobile to Win over Millennials. To win them over, many restaurants are betting that millennials prefer their meals with a side of technology. Around the Mobile Order-Ahead World .

Millennials 160

Millennials Mobile Report Dallas 160

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

PYMNTS

DECEMBER 8, 2020

How We Will Pay , a PYMNTS and Visa collaboration, surveyed a census-balanced sample of nearly 9,600 consumers on how they browse and shop for groceries and other goods, and found while the pandemic affects everyone, “no one has changed quite as much as the two most connected consumer groups of all: bridge millennials and superconnected consumers.”.

Millennials 139

Millennials Survey Course Groups 139

PYMNTS

JULY 17, 2018

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Millennials are shaping the market more than anyone realized.

Millennials 131

Millennials Payments Metro Marketing 131

Perficient

FEBRUARY 18, 2021

The answer is yes, of course there are. Of course, Covid-19 has exposed digital weaknesses and accelerated digital transformation for all industries. As the financial services industry continues to go through its digital transformation, executives are craving new strategies and tactics to help position them against their competitors.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

PYMNTS

DECEMBER 3, 2020

Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most. Both bridge millennials and superconnected consumers own more connected devices than the average consumer and are considered to be on the cutting edge of digital adoption.

Millennials 211

Millennials Groups Study Retail 211

Bank Innovation

DECEMBER 6, 2018

The face of banking and financial education has changed how we market in the course of a few short years. Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

JULY 29, 2019

When it comes to the company’s market, Baumgarten says one of its fastest-growing segments are GenXers and millennials. She also pointed out that millennials and GenXers are looking to pay for and have experiences as opposed to feeling a need to own an asset. The average age of a boat owner is 58 years old and getting older.

Course 121

Course Millennials Miami United States 121

PYMNTS

SEPTEMBER 26, 2016

For millennials between the ages of 18 and 24, the number of texts sent on a normal day averages 109.5, Millennials are stereotyped as being wild-eyed and glued to the screen , while Boomers are stereotyped as not as savvy, even missing certain text etiquette or typing too much or too little. or about seven texts per waking hour.

Millennials 100

Millennials Study Course Strategy 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

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

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. It’s getting cold out there,” he said. Sneakers used to be functional, but now, they are part of who you are,” he added.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

MAY 23, 2018

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are kind of broke – and they might always be. While other generational groups also lost ground during the Great Recession, millennials as a group have largely missed the recovery.

Millennials 109

Millennials St. Louis Study Groups 109

PYMNTS

JULY 17, 2020

Millennials hold an average of 17 subscriptions, according to one survey , and 40 percent of them feel “overwhelmed” by having to manage all of them. One familiar challenge providers have had to grapple with is subscription fatigue or consumers’ sense that they are juggling too many accounts.

Course 141

Course Marketing Survey Millennials 141

PYMNTS

NOVEMBER 1, 2016

This is also the case for the drinking habits of millennials vs. baby boomers. According to PYMNTS research, millennials of drinking age drank 42 percent of the wine that was drunk in 2015, with the average millennial downing just over three glasses in a sitting. Either way, millennials want their beverages to speak to them.

Millennials 100

Millennials Trends Survey Course 100

PYMNTS

OCTOBER 28, 2016

Despite t he National Retail Federation reporting that grocery stores topped the “hot list” of retailers for the year , supermarkets are having a tricky time luring millennials into bringing a basket or cart down the aisles. This could signal a shift that will permanently leave grocery stores in the lurch as eCommerce ramps up further.

Millennials 100

Millennials Retail Google Groups 100

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

JULY 13, 2018

It has made the millennial generation of women — either entering or settling into their prime spending years — something of a unique class of citizens when it comes to financial services. Millennial women are evolving into very [a] different relationship with money,” said Reilly. I think we are at a tipping point.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

APRIL 12, 2019

Customers need to be more financially literate, of course, but they also need to be able to pair that knowledge with beneficial action. “The idea we heard in our feedback was that the planning was great, but people wanted our help to take action,” he explained. Anyone can take a quiz, or watch a video for 20 minutes.

Millennials 154

Millennials Tools How To Video 154

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019. Millennials were the big Black Friday spenders this year, shelling out an average of $509.50 They shelled out an average of $479.40

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

OCTOBER 1, 2019

To that end, ownership of the key enabler of contactless payments – that would be smartphones, of course – is up, reaching 90 percent in 2019 versus 84 percent in 2018. Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power.

Millennials 140

Millennials Payments Groups Study 140

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

DECEMBER 4, 2018

As depicted over the summer in our Innovation Readiness Playbook , FIs are focusing efforts across digital wallets, P2P payments and, of course, loyalty programs. The Millennials Cometh. We are talking here, of course, about millennials. Webster noted that along with technology, the demographics picture is shifting a bit.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area. In addition, the company said that her brand is well-known and capable of generating buzz.

social media 180

social media Payments Millennials Regional 180

PYMNTS

NOVEMBER 8, 2019

As he described it, applying for a mortgage is a process that is known for how much paper is involved, the expense, and the time one spends finding documents, uploading and downloading forms, and of course keeping track of it all. The millennial borrower,” Green told PYMNTS, “expects to be able to go as far as they can with self-service.

Millennials 102

Millennials Tools Lending Data 102

PYMNTS

NOVEMBER 13, 2020

And the food delivery space, of course, is nothing if not competitive. Fifty-eight percent of all adults and 70 percent of millennials say they are more likely to have restaurant food delivered than they were two years ago – which, of course, is being accelerated by the pandemic.”.

Course 244

Course Millennials Operations Survey 244

PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). Which may explain why many predictions are wishy-washy or soon proved wrong,” she noted. The Expert Opinions

Millennials 206

Millennials Retail Course Report 206

PYMNTS

NOVEMBER 20, 2018

Of course, no road trip is complete without snacks and refreshments. Bridge Millennials, a highly influential group of consumer bellwethers, agree that convenience is key for mobile app adoption. 85 percent of Bridge Millennials said receiving discounts is the most important feature of a gas app.

Millennials 177

Millennials Data Mobile Report 177

PYMNTS

JANUARY 20, 2020

That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. Millennials to the Rescue. The move has much more to do with the decline of handwriting, of course.

Retail 183

Retail Millennials Cards social media 183

PYMNTS

JUNE 29, 2020

Zogo is an app-based financial education tool that Li described as something like a Rosetta Stone language course, except for personal finance. So, Zogo designed its modules to attract Generation Z and millennial users for whom the promise of a more stable retirement in 40 years isn’t much of a motivator. Gamifying Financial Education.

Millennials 263

Millennials Taxes Cards Fintech 263

PYMNTS

MARCH 27, 2020

Respondents say they go off-course too easily inside many banking apps – and during important tasks like opening accounts. It explores numerous digital and mobile banking projects that are underway worldwide, as whole customer segments (like the prized bridge millennials) demand more – and better – digital banking experiences now.

Mobile 190

Mobile Millennials Digital Banking Security 190

PYMNTS

DECEMBER 31, 2019

The time frame, of course, is somewhat short. Here Come The Millennials. That next generation would be millennials and Gen Z, of course. Of course, machine learning can help put commerce in context, as merchants eye an experience that is as frictionless as possible.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

NOVEMBER 28, 2017

30 | Number of days in the average business accounting data cycle , meaning most numbers are a month old by the time they are analyzed, and business course corrections take longer to implement than they should. percent | Percentage of millennials who are opening new auto loans over a 12-month period, higher than Gen Xers at 12.09

Data 130

Data Millennials Software Survey 130

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. Looking At Open Banking. Here, geography plays a role.

Millennials 231

Millennials Digital Banking Mobile Course 231

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

PYMNTS

AUGUST 20, 2019

And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn. percent: Share of millennials who use mobile apps most frequently for planning in-store purchases. Data: $800 billion+: Market cap of Google parent Alphabet.

Payments 130

Payments Millennials Google Lending 130