PYMNTS

DECEMBER 24, 2019

Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. According to a study cited by Afterpay, most millennial consumers buy fashion and beauty items more frequently than other items, such as books, entertainment or home goods.

Millennials 139

Millennials Branding Trends Retail 139

Chris Skinner

JUNE 25, 2017

This week’s main blog headlines are … Build or Buy or Build and Die? After my blog yesterday, about banks having to move from being control freaks in a proprietary operation building everything to becoming collaborative partners in an open marketplace curating everything, I was asked: “how do you make money out of curation?”

Millennials 164

Millennials ATM Maine Fintech 164

PYMNTS

OCTOBER 22, 2018

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. The operative word here is “could.”. Nearly 60 percent (59.1

Millennials 212

Millennials Study Payments Data 212

PYMNTS

JUNE 29, 2020

So, Zogo designed its modules to attract Generation Z and millennial users for whom the promise of a more stable retirement in 40 years isn’t much of a motivator. The company has also launched the service via partnerships with credit unions (CUs) and FinTechs, which have been Zogo’s main funding sources so far. What’s Next?

Millennials 263

Millennials Taxes Cards Fintech 263

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. The company already had operated an innovation facility in Japan. And among the main drivers of those changes are not new products, but new ways of doing payments. stores with the innovation. Payments Role.

Innovation 155

Innovation Millennials Dallas Retail 155

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. To learn more about how FIs can optimize their customer service operations, download the report.

Cards 216

Cards Data Millennials Report 216

PYMNTS

MAY 1, 2020

NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart. Yet less than a third of Main Street small and medium-sized businesses (SMBs) are adapting their operations to meet consumers’ post-pandemic expectations. Tradesy CEO: Millennial Women, Louboutin Shoes And Restarting The Economy.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

OCTOBER 23, 2020

Saving Main Street From Its Downward Pandemic Spiral. Main Streets will have to change to receive the social proof and vibe that made them so successful. The rollout of Apple Pay has long been viewed as Apple’s attempt at supplanting shoppers’ utilization of tangible cards for in-store purchases as their main payment method.

Apple 149

Apple Maine Millennials Bitcoin 149

PYMNTS

FEBRUARY 18, 2020

Some operations like Chipotle are even rolling out store designs that feature pick-up windows to let order-ahead diners collect their items without having to enter the restaurant. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

APRIL 29, 2020

Millennials carry two fewer credit cards than their Generation X counterparts, for example, and are the single-largest demographic group using BNPL solutions. million customers found that 65 percent were millennials or in the Generation Z demographic, and that a majority of its user base lived in metropolitan areas with high costs of living.

Payments 175

Payments Millennials Cards Retail 175

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

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

Data 155

Data Millennials Google Apple 155

Perficient

JULY 20, 2020

There are two main types of healthcare personas, each with different goals. But healthcare personas also can impact clinical operations (ex: how different clinical steps are connected), clinical tools (ex: virtual care interfaces) and clinical communications (ex: discharge instructions). What are marketing personas versus UX personas?

UX 332

UX Meeting Data Groups 332

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. CUs need to ensure that their operations are secured if they want to maintain member loyalty. That trust has been documented as crucial to success, too.

United States 174

United States Security Innovation Mobile 174

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. That’s why Hostelz.com no longer accepts them, according to Owner and Founder David Orr.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S.

Retail 179

Retail United States Millennials Study 179

PYMNTS

DECEMBER 11, 2019

Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations. The fight to become the travel marketplace that wins millennial business is only mounting as millennials become a larger portion of the consumers who travel the world and seek new experiences.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

SEPTEMBER 24, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. FIS, TCH Partner To Connect Small Banks, CUs To RTP. Closing The Paper Check To Instant Cash Flow Gap For America’s SMBs.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

MAY 23, 2020

Enthusiasm for re-entering a possibly contaminated world isn’t terribly high among millennials, bridge millennials and Gen Xers, many of whom have shifted to digital habits over the last eight weeks or so – and plan to keep it that way, instead of transitioning back to the real world.

Tampa 249

Tampa Connecticut Guidelines New York City 249

Bank Innovation

APRIL 17, 2017

And, according to the 2016 edition of PwC’s Employee Financial Wellness Survey , financial stress is on the rise, with Millennial’s typically in worse shape with regards to their personal finances than previous generations. How is this being addressed?

Fintech 268

Fintech Innovation Survey US 268

PYMNTS

FEBRUARY 9, 2018

Department stores will still play a role, but they won’t be the main draw. With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. The Millennials. Millennials, in particular, love to buy clothes online. In the U.S., there is 23.5

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

MAY 21, 2020

CEO and President Jeff Foran’s departure late last year marked the end of ongoing strife between the store’s physical and digital teams to more efficiently blend their operations. percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future.

Millennials 171

Millennials Survey Online Retail 171

PYMNTS

JANUARY 27, 2020

Not least among them is how potential subscription commerce operators are approaching entry into the business. Sophisticated algorithms and ever more data can greatly help the subscription commerce operator, for instance, figure how to best offer free trials, and to what consumer groups — or even whether to offer them at all.

Trends 175

Trends Payments Cards Exercises 175

PYMNTS

FEBRUARY 27, 2019

Among the main virtues of this golden era of eCommerce and digital payments is speed. But Google (and other) search algorithms have developed over the years so that search results more regularly reward strong, unique, credible content — SEO experts can attest to that — which in turn has forced eCommerce operators to up their content games.

Retail 214

Retail Online America Millennials 214

PYMNTS

AUGUST 10, 2020

Checks and bank account deposits can take several days to settle yet continue to serve as the main disbursement method. It also limits the growth possibilities of microbusinesses that need funds to acquire new clients and to invest in their operations. .

Report 228

Report Payments Millennials Cards 228

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. “You You still have to do a signature … you still have to put in PIN codes.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Millennials 101

Millennials Las Vegas Meeting Maine 101

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Banking artificial intelligence (AI), the customer experience, enticing millennials, and change management are among subjects tackled in recent episodes. A quick look at top banking podcasts worth a listen, according to Abrigo : 1. Banking Transformed 2. BankTalk 3. Simply Stated.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 3, 2020

Some QSRs’ already-thin operating margins have been stretched beyond the breaking point as budget-conscious consumers shy away from eating out, forcing the eateries to declare bankruptcy. Restaurants and quick-service restaurants ( QSRs ) are used to stiff competition, but the ongoing pandemic has kicked it into an even higher gear.

Management 130

Management System Millennials Study 130

PYMNTS

NOVEMBER 30, 2020

Millennials still make up the largest share of shoppers who begin and complete their shopping journeys via mobile phones, but baby boomers make up 28.3 Millennials still make up the largest share of shoppers who begin and complete their shopping journeys via mobile phones, but baby boomers make up 28.3 Before March 2020 66.2

How To 232

How To Online Google Cards 232

PYMNTS

JANUARY 29, 2018

The main impediment to fund flow is tied mainly to the KYC and AML – and any number of other requirements – that can vary by country. This dovetails well with millennials, who favor a prepaid, eWallet type of app that serves their lifestyles and ensures they “can go spend the money where [they] need to.”. The number one consequence?

Payments 134

Payments blockchain Maine Examples 134

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. The numbers tell a story of ongoing growth and more consumer acceptance. million U.S.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

DECEMBER 22, 2018

A big part of those online sales is the ability of eCommerce operators to deliver those products to buyers in short order to customers — 10 days or less after being cut seems to be a typical time frame, one that’s obtainable and repeatable thanks in large part to the logistical advances made or inspired by Amazon in recent years.

Industry 134

Industry Millennials Online National 134

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. That applies to younger consumers, including millennials , Geeslin noted.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

APRIL 11, 2019

Cheaper deliveries and adults who cook less than previous generations are among the main factors behind that growth. billion in 2017, with grocery stores poised to become the main driver of those transactions. Overall alcohol sales might be slowing, but the online channel is one of growth for beer, wine and liquor merchants.

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 19, 2020

Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Deep Dive: Keeping Online B2B Shopping Safe And Simple.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

JUNE 12, 2017

“Both Steve and Brian are instrumental to our national expansion efforts, ensuring Gobble’s cost leadership and operational efficiency are best in class.”. Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah.

Idaho 118

Idaho Operations Leadership Nevada 118