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.

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Millennials North Carolina South Carolina social media 109

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 101

Millennials Fraud social media Online 101

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.

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social media Millennials Retail Study 120

PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

Accenture: Banking

OCTOBER 3, 2017

But much of it originated from the group of voracious digital competitors circling banks’ traditional territory. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. So why not?

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social media Millennials Online Fraud 156

PYMNTS

MAY 31, 2017

The study, conducted via online survey, compared the shopping habits of 1,350 “millennial” shoppers (ages 18 to 41) and shoppers from Generation Z (ages 10 to 17). Generation Z is not only powerful on their own, but they are the ones dragging their millennial parents (who prefer to shop online) back into the mall as well,” Efros said.

Millennials 101

Millennials social media Study Retail 101

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently.

Millennials 101

Millennials Boston social media Groups 101

PYMNTS

FEBRUARY 25, 2020

One way that banks or ambitious social media platforms will win this combat for customers is through the use of mobile credit and debit cards, with a highly configurable nature and full range of card and spend management controls to please the most vacillating of customers. What is changing are the card habits of demographic groups.

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Mobile Cards social media Survey 153

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. 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. This group of 60 million U.S. Less has become more – much more.

Millennials 222

Millennials Study Course Trends 222

Insights on Business

FEBRUARY 13, 2019

Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. IBM Think LinkedIn Group. Protection (Security).

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Albuquerque Digital Banking Millennials social media 152

PYMNTS

MAY 4, 2017

The peer-to-peer mobile payment service offers a social media element aimed at making the exchange of money more fun for both sides of the transaction. billion in Q1 2017 — tackles feelings of financial discomfort by giving consumers a more engaging option to settle debts, by mixing social media with finances.

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social media Payments Millennials Mobile 104

PYMNTS

JUNE 2, 2016

Dormify, a dorm decor startup, seems to have cracked the email marketing code for millennials and Gen Z buyers. “Within each of these groups, customers have different interests and needs that we can address,” Gardner said. ”

Millennials 100

Millennials Marketing social media Strategy 100

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

Independent Banker

OCTOBER 1, 2022

“Gen Z, the younger generation, has transitioned into the workforce and is primarily being targeted through social media messages and chatbots,” Fratangelo says. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

Fraud 133

Fraud social media Millennials Examples 133

Bank Innovation

AUGUST 8, 2016

What do you call the generation that comes after millennials? Disney is reaching out to this group with a new messaging app called Mix that Read More. For now they’re just kids, but soon they’ll be a powerful force in the world of commerce. Today’s parents may tell you they already are.)

Millennials 150

Millennials Payments Groups social media 150

PYMNTS

JUNE 8, 2018

Driven by younger customers, such as millennials and teens, casual luxury is bolstering sales of luxury apparel, handbags and footwear. The change in behavior is due, in part, to social media sites such as Instagram. This consumer group is shaping up to be different than the traditional high-end buyer.

Millennials 100

Millennials social media Branding Groups 100

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

PYMNTS

DECEMBER 11, 2019

Technology and social media company Facebook is also growing more involved in the sharing economy. Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

APRIL 20, 2018

As Facebook tries to bring post-millennials onto its platform, the social media network appears to be at work on a feature geared toward high school students. In creating that app, the social media giant said it consulted child development and online safety experts, as well as parent/teacher groups and thousands of parents.

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social media Millennials Video Mobile 104

PYMNTS

AUGUST 11, 2017

The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z. Within the next seven and a half years, these two consumer groups are expected to make up 45 percent of the high-end purchasing group.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

AUGUST 9, 2018

That might mean on a social media platform, or a well-crafted blog designed to appeal to particular hobbyists, or an event and ticketing website, or an online platform devoted to travel. Different consumer groups do contextual commerce in their own ways, but one of the most significant segments consists of “ bridge millennials.”

Millennials 101

Millennials social media Exercises Retail 101

PYMNTS

AUGUST 17, 2017

In this study, teen-focused retailers were analyzed to learn more about this group of shoppers. While Engagement Labs’ research showed the two groups most influenced by social media include millennials (57 percent) and Generation Z (80 percent), the lack of engagement for teens online may be raising some red flags for the retail industry. “By

Retail 127

Retail social media Online Mobile 127

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

JANUARY 22, 2020

That’s because the largest combined consumer group today — probably one of the largest combined consumer groups in history — consists of millennials and Generation Z. By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

APRIL 1, 2016

“She has committed to staying with Neiman Marcus Group as we work through the transition,” Katz said, adding that no departure date has been set. Gierhart has been part of the team at NM since 2008 – and has had a central role in building the high- end department store chain’s eCommerce and millennial audience.

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social media Millennials Groups Marketing 100

Banking 2020

DECEMBER 15, 2014

Effectively leading millennials requires understanding the collective experiences, values and motivators that make this group “tick.” Millennials, generally defined as the demographic cohort born between 1982 and the early 2000s, will account for half of the American workforce by 2020. Be transparent. Make work feel like play.

Millennials 58

Millennials Management How To social media 58

PYMNTS

DECEMBER 11, 2019

Co-founder James Bello initially worked at the headquarters of a major retail chain, and then moved to Boston to serve in their innovation group. Bello sees his company’s target market as “millennial-minded.” Its core group is couples and singles , but tends to skew more female. The Market.

Millennials 144

Millennials social media Retail United States 144

PYMNTS

JANUARY 24, 2017

It looks as though millennials may soon face competition as the generation to watch. In order to gain insight into the growing influence of this group, who represent ages 10 to 17, HRC surveyed 31,000 participants in the U.S. and Canada.

Retail 100

Retail social media Survey Study 100

PYMNTS

JUNE 15, 2019

That gain, according to the report, is largely driven by social media savvy Gen Z consumers, who tend to exert a larger than expected amount of sway in bookings. Millennials and The Magic of Mircocations. The younger members of Generation Z, incidentally, are about 10 years old, and the oldest members are college age.

Millennials 179

Millennials Hawaii social media Report 179

PYMNTS

NOVEMBER 5, 2018

Releasing AR headsets would put the social media giant in direct competition with AR startups like Magic Leap and Thalmic Labs. L’Oréal, the world’s largest cosmetics group, in March acquired ModiFace , a Canadian firm that specializes in augmented reality and artificial intelligence.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

AUGUST 17, 2017

In this study, teen-focused retailers were analyzed to learn more about this group of shoppers. While Engagement Labs’ research showed the two groups most influenced by social media include millennials (57 percent) and Generation Z (80 percent), the lack of engagement for teens online may be raising some red flags for the retail industry. “By

Retail 114

Retail social media Online Mobile 114

South State Correspondent

JULY 11, 2022

If you ever need to order t-shirts for a group, there is a well-defined statistical formula that looks something like the data below. Maybe your group is too small, say below 100 people. Perhaps it is your cross-fit group, and they skew larger, or maybe it is younger than the average group, and they skew smaller.

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Marketing Data social media Groups 195

PYMNTS

OCTOBER 26, 2018

Pinterest, as the web’s best-known social media network/visual search engine, is among favored spots for online shoppers. Millennials use Pinterest as often as they use Instagram, and though the average age of a Pinterest use is a little over 40, the average age of an active Pinner is in the 30s.

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social media Tools Retail Report 167

PYMNTS

MARCH 28, 2016

Plus, new research uncovers just how vulnerable employee information is to corporate hackers, why businesses aren’t interested in moving on from checks and how millennial procurement officials are tapping into Facebook to source for their firms. That includes search engines, supplier websites and social media, researchers found.

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social media Payments Millennials Survey 100

PYMNTS

MARCH 21, 2017

Before a certain social media giant started participating in the chatbot scene, consumers were required to download various apps on their devices for access. After the social media site’s Messenger announcement last April, we’ve seen more businesses clamoring to move into the chatbot game.

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social media Study Millennials Data 110

PYMNTS

DECEMBER 22, 2018

million “real” Christmas trees , as the trade group calls them, with an average price of $75. Artificial trees — or “fake” ones, in the preferred language of the group — were not terribly far behind, with 21.1 That is helpful especially for “millennial and Generation Xers,” he said. consumers bought some 27.4

Industry 134

Industry Millennials Online National 134

Abrigo

OCTOBER 15, 2014

Groupe BPCE, France’s second largest bank (by customers), has utilized the API of the global social media giant Twitter to allow their customers to transfer money via a tweet. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

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social media Apple United States Innovation 150