PYMNTS

DECEMBER 28, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

Millennials 162

Millennials Payments Retail Mobile 162

PYMNTS

FEBRUARY 11, 2020

Reynolds Group Holdings is actively working to court the millennial market , which has a particularly strong focus on convenience. For this reason, the firm has focused keenly on recipe integration in recent years — and, as it turns out, millennials are excellent recipe followers. All this, Today in Data.

Millennials 141

Millennials Groups Data Marketing 141

PYMNTS

MARCH 29, 2019

This Tracker’s Deep Dive explores how The Clearing House ’s Real-Time Payments system is being tapped for bill payments to provide faster processing, better data visibility and increased security. In some cases, clients who send utilities payments may have their services temporarily cut off if the money is slow to reach the companies.

Millennials 178

Millennials How To Mobile System 178

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

Millennials 149

Millennials Fraud Report social media 149

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

OCTOBER 20, 2020

And bridge millennials are nearly twice as likely as the average consumer to utilize voice-activated technology to make purchases, as they are the first generation of consumers who have grown up with connected devices and are accustomed to shopping and paying with them. All this, Today in Data.

Millennials 130

Millennials Data Branding Technology 130

PYMNTS

AUGUST 10, 2020

The findings also show that the use of new technologies could play a crucial role in personalizing the payments experience for consumers, especially younger tech-savvy generations like bridge millennials and millennials.

Millennials 222

Millennials Data United States Report 222

PYMNTS

MAY 13, 2019

Bleacher Report, a millennial-focused sports website, has been steadily expanding into the sports betting space, attracting a new generation of gamblers who don’t consider sports gambling a bad thing, according to a report by CNBC. There are currently about eight states that have legal sports betting , and that number is expected to increase.

Las Vegas 161

Las Vegas Millennials Report social media 161

PYMNTS

AUGUST 23, 2019

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. Both secondhand clothing site Poshmark and sneaker exchange StockX are recovering from recent data breaches, which exposed customer information to fraudsters, though no financial information was compromised.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

MAY 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. Billing issues and payments is the most common reason, cited by 29 percent of cardholders, followed by fraud and data security, cited by 23.8

Cards 216

Cards Data Millennials Report 216

PYMNTS

JANUARY 7, 2019

Notable data points included in the Digital Drive Report : Most commuters (53.3 The 2018 Digital Drive Report also looked at the in-vehicle purchasing habits of Bridge Millennials, a highly influential consumer bellwether. Download the Report to read the Deep Dive and 260 data points on what drives commuter commerce.

Data 173

Data Millennials Report Google 173

PYMNTS

DECEMBER 7, 2020

At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO David Briggs told Karen Webster in an interview. So, the company simply promises to never share or sell location data to third parties. “My

Fraud 232

Fraud Data Detroit Security 232

PYMNTS

NOVEMBER 16, 2020

Younger consumers — especially Generation Z members and millennials — are the likeliest demographics to report receiving instant nongovernment disbursements, at 17 percent and 15.6 Generational differences also appear to factor into whether consumers have received instant disbursements within the past 12 months. percent, respectively.

Data 256

Data Millennials Examples Payments 256

Perficient

AUGUST 18, 2022

However, those not in the wealthy or close to retirement-age categories – i.e., Gen Z-ers, millennials, and low to mid-income individuals – could greatly benefit from a financial advisor’s assistance, and financial advisors can stand to profit by diversifying their business books, as well. population.

Millennials 473

Millennials Management Tools Strategy 473

PYMNTS

JANUARY 14, 2021

Our findings also indicate FIs that offer innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experiences, especially among younger generations like bridge millennials and millennials.

Video 224

Video social media Millennials Data 224

PYMNTS

NOVEMBER 30, 2020

Being granted access to their customers’ true geographic locations could give financial institutions (FIs) crucial access to data that could protect consumers’ accounts, especially as more of them use mobile channels to shop and pay. This is especially true for Generation X and millennial consumers, at 37 percent and 36 percent, respectively.

Fraud 171

Fraud Data social media Millennials 171

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Cloud Accounting, Data Sharing. “We use the car analogy a lot,” Hutchison said.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

JANUARY 19, 2021

Not all data are created equal, of course. Those IP addresses used to be the gold standard of determining a device’s location, but in the age of the remote workforce and virtual private networks (VPNs), fraudsters can co-opt and spoof IP data. Only about a third of banks’ apps ask for robust location data, said Briggs.

Data 227

Data Fraud Los Angeles Course 227

Perficient

JUNE 16, 2020

With the healthcare industry having to quickly jump on the cloud bandwagon with telehealth recently, it is becoming apparent that a new norm is (in my millennial opinion, finally) emerging. Data Integration and Compliance. The cloud has a myriad of solutions around how to organize, store, and retrieve data.

Google 322

Google Colorado Data Compliance 322

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

OCTOBER 8, 2020

All this, Today in Data. Data: $509: Average amount that millennials spent on Black Friday in 2019. And in digital onboarding, email verification and other authentication technologies can assist in offering a seamless and safe experience for consumers. 41%: Portion of banks focusing their investments on KYC automation.

Retail 233

Retail Millennials Data Technology 233

PYMNTS

MARCH 2, 2020

And according to the data — consumers are increasingly warming up to the idea of taking them up on that offer. According to PYMNTS data, 62.8 Plus, the data showed, innovation isn’t the only headwind FIs that are core/IT deficient report. The Headwinds Creating The Innovations Gap . percent of IT-enabled banks.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

OCTOBER 7, 2020

There are other reasons, based on PYMNTS data, that show why Black Friday may be more of a hazy shade of gray this year. As of a data pull in late September, 67 percent of shoppers are still concerned at some level that returning to pre-pandemic shopping behaviors will put themselves or their families at risk of getting sick.

Millennials 241

Millennials New York City Retail Study 241

Bank Innovation

NOVEMBER 2, 2017

EXCLUSIVE–Are fintech lenders really more risky, more desperate for customers, and more appealing to millennials? As a credit reporting agency, TransUnion has a wealth of data on lenders, including fintechs, and put these rumors to the test with its newstudy, Fact or Fiction: Are Fintechs Different from Other Lenders?

Fintech 218

Fintech Millennials Innovation Data 218

PYMNTS

NOVEMBER 20, 2018

Bridge Millennials, a highly influential group of consumer bellwethers, agree that convenience is key for mobile app adoption. The report includes a Deep Dive into how Bridge Millennials are using mobile apps and outlines the experiences that could accelerate adoption among this group. C-stores Seek Their Own ‘Starbucks Effect’.

Millennials 177

Millennials Data Mobile Report 177

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In terms of technology, APIs help facilitate access to that data. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. The age of personalized service is upon us.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

Payments Dive

FEBRUARY 17, 2017

Marketing strategies devised for millennials by older generations have been based on bad intuition, poorly curated data, and unquestioned, incomplete assumptions. That leads to bad guesses. When you're designing banking and payment systems for your next generation of customers, bad guesses can be expensive.

Marketing Strategies 207

Marketing Strategies Millennials Payments Strategy 207

PYMNTS

OCTOBER 22, 2018

We have brand-new data that reveals how much change is happening. People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead.

Millennials 212

Millennials Study Payments Data 212

PYMNTS

AUGUST 5, 2020

Consumer spending data from J.P. The data shows weekly jobless claims and hours worked by employees haven’t been improving or necessarily declining either. Age was also a factor, with millennial and Generation Z consumer spending down 4 percent and baby boomer spending down as much as 18 percent.

St. Louis 146

St. Louis Data Florida Texas 146

PYMNTS

MAY 1, 2020

She said she believes that because of the volume of visitors Tradesy has per month, roughly 8 million, and the demographic of those shoppers, mostly millennial women, the company’s odds are much better of recouping value via its platform than through traditional channels.

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

DECEMBER 11, 2020

And in payment methods, millennials have shown remarkable interest in buy now, pay later (BNPL) offerings. All this, Today in Data. Data: 89% : Portion of millennials who own credit cards. 11.5% : Portion of bridge millennials who have used BNPL. 11.5% : Portion of bridge millennials who have used BNPL.

Millennials 163

Millennials Video Retail Data 163

PYMNTS

NOVEMBER 20, 2020

Millennials are the most likely to want to be able to earn points they can apply to their immediate purchases, for example, with 51.5 percent of millennials. This compares to 38.4 It is also clear that different generations and income brackets tend to gravitate toward particular types of rewards programs. PYMNTS research shows that 33.1

Data 175

Data Millennials Cards Report 175

Perficient

JULY 12, 2022

Fueled by consumers’ willingness to share their data in return for timely and relevant experiences, personalization requires continually learning about the customer and applying this knowledge into the relationship and creating authentic, individualized experiences. Elements of Delivering a Personalized Experience.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

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

DECEMBER 1, 2020

By comparison, the survey showed the generational mix at second-ranked Walmart.com to be more divided, with 50 percent of millennials, 45 percent Generation Z and 31 percent of baby boomers and seniors shopping there. Other notable website visits consumers mentioned included eBay at 18 percent, Macy’s at 15.5 percent, Costco at 10.5

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

NOVEMBER 2, 2020

It’s a rivalry that, according to new PYMNTS data, Walmart could intensify with its newly launched Walmart+, as it uses a new membership model to capture more of that spend — beyond grocery, the retail giant hopes. consumer seems happy to test the waters — and none more so than the coveted bridge millennials.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

OCTOBER 16, 2019

The rise of 5G networks will also enable these devices to communicate more data across longer ranges, which is one of the reasons why investment in IoT is picking up. Even as fraud concerns rise, many IoT devices are still transmitting consumer data without the explicit permission or knowledge of those consumers, a separate study found.

Millennials 191

Millennials Fraud social media Study 191