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. ” Potential buyers may ask for a lot of information.

Strategy 279

Strategy Millennials Data Online 279

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

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 9, 2020

For example, studies show that one in every five millennials would abandon travel booking processes if their preferred payment method was not offered. Millennials are set to become a significant portion of global travelers (they already are, in fact), so it is critical for platforms to reach them in the channels where they are already.

Millennials 134

Millennials How To Trends Payments 134

PYMNTS

OCTOBER 5, 2018

The stated goal, according to new CEO Jim Brett – is for the brand to build back its audience particularly among millennial shoppers. Selling on their site is by many in retail still considered an opportunity to trade exposure for data, and ultimately come out on the losing end of that deal. You can’t be one price.

Millennials 128

Millennials Retail Branding Mobile 128

PYMNTS

OCTOBER 20, 2020

It’s just a week into the earlier-than-usual 2020 holiday selling season and already three facts are clarifying the retail picture: consumers are going to spend less overall, they are going to spend more time online and they don’t want to touch anything in the process. percent of millennial consumers say the same. percent of responses.

Online 159

Online Millennials Retail Chicago 159

PYMNTS

JANUARY 14, 2021

Restrictions on in-branch interaction are now causing financial institutions (FIs) to better engage with consumers and offer personalized banking experiences with mobile apps, online chat and contextual video content.

Video 224

Video social media Millennials Data 224

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

OCTOBER 1, 2018

And that preference is likely to deepen as the IoT pushes more of the world online. Data: 60 percent: Share of millennials who report they prefer using apps to make payments. 59 percent: Share of consumers who regularly use online bill pay features. 52 percent: Share of customers using IoT devices worldwide.

Data 155

Data Millennials Mobile Online 155

Bank Innovation

SEPTEMBER 8, 2016

For fintech, millennial consumers are–let’s go with challenging–according to the huge quantities of rigorous data collected on them.

Millennials 150

Millennials Maine Fintech Data 150

PYMNTS

APRIL 6, 2019

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. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

MARCH 31, 2020

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. Shoppers are handling price negotiations (48 percent) and financing (42 percent) online. automotive industry.

Online 141

Online Millennials Survey Tools 141

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

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

OCTOBER 19, 2018

Millennials are credited as the digital generation, leaving their parents and grandparents behind, even though a majority of consumers over the age of 60 are banking online and regularly interacting with chatbots. Data: 500,000: The approximate number of students of Indian origin who traveled abroad to study in 2017.

Data 152

Data Study Millennials Online 152

PYMNTS

JANUARY 18, 2019

Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels. That does not mean they are all millennial consumers. Home Marketplaces.

Online 177

Online Fort Worth North Carolina Millennials 177

PYMNTS

MAY 20, 2020

But mounting concerns about health and safety amid the pandemic have motivated a consistently rising share of shoppers to try ordering their groceries online for delivery. percent of consumers that PYMNTS surveyed had switched to grocery shopping online as of early March, 14.8 Whereas only 3.9 For example, our survey found that 31.1

Online 184

Online Millennials Digital Strategies Retail 184

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The And they need customer data — at least some. But how few is “fewer?”.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

JANUARY 19, 2021

In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate sector: It’s all about location, location, location. Not all data are created equal, of course. Only about a third of banks’ apps ask for robust location data, said Briggs.

Data 227

Data Fraud Los Angeles Compliance 227

PYMNTS

NOVEMBER 9, 2020

As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? The payment options merchants accept impact consumers’ willingness to shop in store for 69 percent of bridge millennials, 70 percent of millennials and 71 percent of Gen Z consumers.”.

Retail 261

Retail Millennials Online Tools 261

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. It also purchased online pharmacy PillPack , and owns Zappos and fashion eTailer Shopbop. The year is 2039. By then, it might be.

Online 197

Online Retail Mobile Branding 197

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

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 Trends Analysis System 134

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

SEPTEMBER 12, 2017

After something of a slow start, mobile eCommerce is set to make up half of all online sales by the year 2020 — worth nearly $250 billion annually. That forecast comes care of “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.”

Mobile 205

Mobile Millennials Study Online 205

PYMNTS

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

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. Sneakers used to be functional, but now, they are part of who you are,” he added. That’s not all. Big Brands.

Millennials 139

Millennials Branding Trends Retail 139

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 5, 2018

Even as online shopping becomes more and more of the norm, 90 percent of consumers still prefer heading to brick-and-mortar stores to shop for and purchase food and other grocery products. That’s not to say online shopping and experiences aren’t becoming more important for grocery, however. Key Findings from the Latest Report.

Data 129

Data United States Millennials Online 129

PYMNTS

NOVEMBER 15, 2018

Increasingly everything is online these days, up to and including consumer identity. Data: $10 billion: Current value of the global digital identity market. 24 percent: Share of millennials who are credit union members. 46 percent: Share of B2B payments made by check. percent: Share of U.S.

Data 128

Data Virginia Payments Millennials 128

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 Trends Analysis System 135

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. And in Australia, the financial regulator earlier this week granted a new digital banking license to “online-only firm” Xinja Bank.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

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

DECEMBER 1, 2020

Amazon’s grip on the online shopping industry appears to be tightening. The appeal of online shopping in the COVID-era also saw strong response from older shoppers too, as 70 percent of 55- to 75-year-old baby boomers also said they shopped on Amazon Friday. percent, Nike at 13 percent, Home Depot at 11 percent, Lowes at 7.4

Marketing 181

Marketing Data Survey Comparison 181

Perficient

FEBRUARY 9, 2021

Millennials — digital natives with arguably the greatest generational spending power — “have the lowest opinion of most industries’ digital services,” according to the same report. A comprehensive study may include ethnographic interviews, surveys, syndicated research and data gleaned from existing touch points.

Meeting 309

Meeting Customer Experience Millennials Branding 309

PYMNTS

JUNE 4, 2020

Instead of flocking back to brick-and-mortar shops, consumers are continuing to shop from the safety of their homes, and are actually buying more online — not less — than they were before the reopening began. consumers are now buying retail goods online as of May 23, compared to 29.2 PYMNTS’ latest survey shows that 35.7

Online 137

Online Retail Data United States 137