PYMNTS

JUNE 28, 2019

Data: 31 percent: Share of consumers who use mobile banking apps more often than other apps. 16 percent: Estimated CAGR of the global digital banking market through 2024. 72 percent: Share of bridge millennials who think mobile apps are important for accessing bank accounts.

Millennials 113

Millennials Digital Banking Mobile Data 113

PYMNTS

OCTOBER 20, 2016

19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.

Millennials 100

Millennials Study Data Customer Experience 100

South State Correspondent

JULY 11, 2022

Email is one of the most effective bank marketing channels available. Other banks, like ourselves previously, pour over countless amounts of data to optimize open rates, clicks, and conversions. Using AI for bank email marketing can get you a 2% to 13%+ lift, or improvement, depending on the technique. The T-Shirt Problem.

Marketing 195

Marketing Data social media Groups 195

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

SEPTEMBER 11, 2018

Is there a secret sauce for merchants to capture the evolving millennial? One formula that offers engaging consumer experiences, and doesn’t insult the intelligence of millennials, is a combination of private-label debit and rewards or loyalty programs. Reaching Millennials. However, millennials care about more than price.

Millennials 115

Millennials Mobile Branding Samsung 115

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. Those consumers are buying houses, and are a driving force in some markets.

Millennials 131

Millennials Payments Metro Marketing 131

PYMNTS

MARCH 29, 2019

Over the past two years, demand for mobile and digital P2P payments has risen notably (to the point that many FIs now consider such services a must-have), said Fiserv ’s Jeff McCrory, director of product marketing. At present, about 5,100 FIs offer Zelle. Read the full Deep Dive in the Tracker.

Millennials 178

Millennials How To Mobile System 178

PYMNTS

DECEMBER 1, 2020

When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2 That dropped to 44.4 percent in Q2 2020, which is still a number any other company would give their whole paycheck for. It even dropped from Q2 2019 (46.6 percent). percent.

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

AUGUST 23, 2019

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. In other markets, the rise of marketplaces is giving old organizations new perspective. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. Around the Payments And The Platform E conomy.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

APRIL 6, 2019

“It was meant to be a criticism of the art market, and I think it’s going to double the value of the work.”. Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. It’s a very fast-moving market.”. million, including fees.

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

SEPTEMBER 12, 2017

Millennials are making up an increasingly large portion of corporate buying teams, and it’s shaping the way buyers interact with their suppliers, finds the latest research from SnapApp and Heinz Marketing. Separate research released last year from Sacunas also aimed to explore how millennials are changing B2B purchase behavior.

Millennials 123

Millennials social media Case Study Survey 123

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households?

Millennials 186

Millennials Study Trends Marketing 186

PYMNTS

MARCH 13, 2017

As retailers across categories fawn over shares of millennial spending power, new insight from market research and analytics firm Slice Intelligence indicates that, in terms of apparel market sales, one online retailer appears to have already won the battle. percent of online apparel sales go to millennials. Old Navy (5.1

Millennials 130

Millennials Retail Online Analytics 130

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

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

Millennials 101

Millennials social media Marketing Branding 101

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet.

Millennials 109

Millennials Marketing Data Taxes 109

PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Consider the fact that only one in three people under the age of 35 own a home, and data from the Census Bureau show that pace is 8 percentage points below the homeownership rate that has been seen in previous generations.

Millennials 109

Millennials Taxes Lending Regional 109

South State Correspondent

OCTOBER 3, 2024

Pricing Data Around Deposit Accounts Behavioral economics as applied to pricing strategies is difficult to understand because of the large number of variables. However, the data is strong (below) on which path to choose. Our data indicates that it can make a material impact on account conversion. and $24.00

How To 195

How To Strategy Millennials Data 195

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. million millennials now make up more than a quarter of the U.S.

Millennials 109

Millennials North Carolina South Carolina social media 109

PYMNTS

JUNE 17, 2016

Millennials in China make the vast majority of the mobile payments taking place, eMarketer reported on Thursday (June 16). Mobile device users ages 21–29 and 30–39 are leading the charge in the country’s mobile payments adoption.

Millennials 100

Millennials Mobile Payments Marketing 100

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As B2B Gets Younger.

Millennials 134

Millennials Analysis Trends System 134

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. In its effort to do so, Gravy doesn’t seek to make money selling the actual goods — it seeks to market the actual stage.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Data obtained by one news outlet indicates that Chinese tech firms are aiming to grow markets for the newest facial recognition technology while moving a global standard forward.

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

APRIL 24, 2019

Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

SEPTEMBER 14, 2016

Whether you’re annoyed that they take selfies or that they would rather share than own things, plenty of people knock millennials, especially when it comes to work ethic. For those millennials that have started or are thinking about starting a business, that number is growing, too. Many more millennials started their biz by age 27.

Millennials 100

Millennials Study Survey Report 100

PYMNTS

DECEMBER 13, 2016

Millennials just aren’t buying homes — they are the first generation of Americans since World War II who will meaningfully move away from that vision of the American Dream. Millennial homeownership rates — for those 75.4 Millennials have not, as some have argued, radically thrown off ideas about owning homes en masse.

Millennials 100

Millennials Groups Study Marketing 100

PYMNTS

NOVEMBER 2, 2016

Millennials are different — a point hammered homed in a million ways, in a million think pieces written since the generation that started to be born in 1980 started to come of age about 10 years ago. Why are millennials different? Why The New Generation Of Consumers .

Millennials 100

Millennials Retail Data Marketing 100

PYMNTS

AUGUST 29, 2017

The Financial Times reported news that while homeownership peaked before the financial crisis due to a combination of readily available mortgages and the belief that house prices would only go up, the crash that followed still has an impact on the real estate market a decade later. The latest data released by the U.S.

Millennials 112

Millennials Regulation Community Trends 112

PYMNTS

MARCH 9, 2016

It took traditional media outlets a few extra years to figure out that millennials don’t quite care for getting their news and entertainment from the same places their parents did, but now that the cat’s out of the bag on these consumers’ on-the-go smartphone habits , brands everywhere are scrambling for a piece of the mobile pie.

Millennials 100

Millennials Branding Mobile New York 100

PYMNTS

SEPTEMBER 14, 2016

Plagued for the last several years by complaints about clunky styling, the latest RBC Capital Markets survey indicates that Banana Republic’s data would best be represented by the sound of 505 young women vomiting. We think repairing Banana Republic will be a longer battle,” wrote RBC Capital Markets Analyst Brian Tunick.

Millennials 100

Millennials Branding Survey Capital 100

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

NOVEMBER 15, 2018

Data: $10 billion: Current value of the global digital identity market. 24 percent: Share of millennials who are credit union members. The challenge for the digital economy is to find ways to fill those gaps as efficiently as they expose their existence. 46 percent: Share of B2B payments made by check. percent: Share of U.S.

Data 128

Data Virginia Payments Millennials 128

PYMNTS

AUGUST 9, 2019

Then, there are Bridge Millennials. Bridge Millennials are a unique group of consumers, comprised of individuals between 30 and 40 years of age who exhibit cultural characteristics of both Generation X and Millennials. Among the Bridge Millennials in our study, 37.8 Some consumers use Facebook all day, every data.

Data 155

Data Millennials Google Apple 155

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households?

Millennials 101

Millennials Study Trends Marketing 101

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

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As B2B Gets Younger.

Millennials 135

Millennials Analysis Trends System 135