PYMNTS

AUGUST 23, 2016

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data. Across age groups, the U.S. percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. homeownership rate has fallen to a 50 year low – 62.9 ” Hooray?

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 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. Taking out the age group component, the average consumer bought $4,015 in food for their homes in 2015.

Millennials 100

Millennials Retail Google Groups 100

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

Millennials 100

Millennials social media Boston New York City 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 Millennial homeownership rates — for those 75.4 The 17 Million Millennials Wave.

Millennials 100

Millennials Groups Study Marketing 100

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In addition, passporting can help companies expand services across nations. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

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

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? That number hit 21.3

Millennials 101

Millennials Study Trends Marketing 101

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. InterContinental Hotel Group, the U.K.-based Can we say we told you so?

Millennials 109

Millennials Cards New York Branding 109

Bank Innovation

JUNE 6, 2019

JPMorgan Chase's millennial-friendly digital banking app Finn is shutting down, just one year after it rolled out nationally. The […].

Digital Banking 199

Digital Banking Millennials National Security 199

FICO

AUGUST 1, 2018

Following National Homeownership Month, we examined whether student loan debt appears to impact decisions about when to begin another important step in their financial and credit journey: purchasing a home. Some of the above difference between these three groups can also be attributed to differences in their credit risk profiles.

Millennials 60

Millennials Analysis National Groups 60

PYMNTS

NOVEMBER 13, 2019

But according to newly released data from The NPD Group, while every consumer is worth pursuing, depending on their demographic segment, some consumers may well be more lurable than others. “No Baby boomers and Gen X will lead holiday spending this year, according to the 2019 Holiday Purchase Intentions Survey from The NPD Group.

Millennials 101

Millennials Groups Retail Online 101

PYMNTS

AUGUST 31, 2017

While some well-worn stereotypes of these groups may have truth to them, others are completely off-base, and retailers can’t tailor experiences to shoppers if they don’t know what those shoppers want. Millennials. Consumers born between 1981 and 1997 fall into this group, which includes up to 92.7 million people in the U.S.,

Retail 147

Retail Millennials Study Trends 147

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. The format was to first ask a couple of group questions. The second group question regarded capital. Some rely on a relatively small group of local investors, including employees and board members.

Conference 60

Conference Community National Millennials 60

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.

Millennials 177

Millennials Data Mobile Report 177

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. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world. But it’s totally fixable. The Big Gig.

Millennials 130

Millennials New York City National New York 130

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

Image Works Direct

DECEMBER 14, 2016

According to the National Association of Realtors ® , the number of millennials buying homes in the U.S. In fact, in 2015, this generation comprised the largest group of U.S. continues to increase. homebuyers for the third year in a row – making up 32% of homebuyers in 2014 and 35% in 2015.*

Millennials 28

Millennials National Groups 28

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

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

NCR

NOVEMBER 9, 2017

For example, 59 percent of millennials have made a peer-to-peer (P2P) digital payment via a mobile device, compared with just 34 per cent of adults across all age groups. Meanwhile, 35 percent of 18 to 34-year-olds said they would rather make P2P payments using biometric technology, whereas the national average was just 30 per cent.

Millennials 40

Millennials Mobile Maine Survey 40

PYMNTS

DECEMBER 17, 2019

Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. The company’s Series B round was led by GGV Capital. The funding round closed in late summer. It is currently in 12 markets.

Marketing 101

Marketing Millennials Capital New York 101

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

JANUARY 20, 2020

Papyrus parent company Schurman Retail Group had been attempting to renegotiate lease terms for its stores, but apparently not enough concessions were made to help save the company’s locations,” the report stated. Millennials to the Rescue. The chain had since expanded to some 260 or so retail locations. Brick-and-Mortar View.

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. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

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. million “real” Christmas trees , as the trade group calls them, with an average price of $75. That is helpful especially for “millennial and Generation Xers,” he said. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

MAY 12, 2020

In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps. Among this group, 31.4 In contrast, national bank customers are less likely to switch FIs, with 25.9 Our research shows that 28.5

Regional 241

Regional National Cards Mobile 241

NCR

MAY 11, 2016

Knowing how to make, manage and invest one’s money has long been the key to financial security and stability, but what was once a relatively linear road map for many generations has shifted with Millennials. While buying a home was once seen as one of the biggest indicators of financial success, Millennials now have a different idea.

Millennials 40

Millennials New York Cards Maine 40

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. But business has steadily recovered during the last few months, in part because Getaround provided a true touch-free experience compared to its traditional rental rivals.

Online 148

Online Payments Millennials Apple 148

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. The largest group (32.5

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

MAY 25, 2018

And after the long and seemingly endless winter that most of the nation just suffered through, declaring summer’s start as early as possible feels like the right move to make in 2018. And travelers are a varied group, even in the same demographic. Millennials: The Most, And Least, Vacation-Enthused Generation.

Millennials 100

Millennials Data National Taxes 100

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. According to a 2021 Statistica report, 73% of adults over 65 are active internet users.

New York City 484

New York City social media Community System 484

PYMNTS

JUNE 15, 2019

are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. It’s a win-win situation for everyone,” Sarah Gilliland, whose parents took her twins away on a trip to a national park, told Boomer Magazine. Millennials and The Magic of Mircocations.

Millennials 179

Millennials Hawaii social media Report 179

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

NOVEMBER 6, 2020

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. For instance, online real estate giant Zillow Group Inc. percent in September compared to August and up more than 20 percent year on year, according to data from the National Association of Realtors. Existing home sales were up 9.4

Video 210

Video Millennials Tools Marketing 210

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. The launch of FPS, he said, could do more than boost customer loyalty for banks that have signed on to the system.

Payments 201

Payments System National Mobile 201