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. million of the borrowers, up from 700,000 a decade earlier.

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL. About The Tracker.

Millennials 219

Millennials Payments Retail Apple 219

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

APRIL 16, 2019

Among the main consumer segments targeted by POS financing providers are millennials , in part because they are being left out when it comes to tapping into home equity. As well, Bankrate has estimated that roughly 33 percent of millennials have cards.

Millennials 188

Millennials Cards Maine Retail 188

PYMNTS

MARCH 20, 2018

The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Helping CUs Engage and Retain Millennial Talent . When it comes to careers, millennials are more mission-driven than previous generations. for assistance with its “Digital 2x” initiative.

Millennials 110

Millennials Report Community National 110

PYMNTS

MAY 21, 2016

That, as it turns out, was the good old days of voice technology assistance. Today the incorporation of voice technology into daily activities runs the gamut, from taking music requests on-demand to ordering from Amazon to typing your texts for you. to roll out a voice technology offering. The response thus far? Phenomenal.

Technology 115

Technology Trends Maine Digital Banking 115

PYMNTS

OCTOBER 23, 2020

Behind the data lie a slew of lifestyle changes and demographic shifts, which may have positive ripple effects for the SMBs that line Main Street, and bode well for consumer spending trends overall. A survey revealed that about three-quarters of millennials surveyed are now working remotely. The Role of Technology .

Survey 227

Survey Maine New York Millennials 227

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

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

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 188

Millennials Maine Study Security 188

PYMNTS

DECEMBER 22, 2020

That's what the millennial and younger consumer prefer to use.”. Beyond individual consumers, CUs are also eyeing the financial needs of small- to medium-sized businesses (SMBs), which have been hard-hit by the pandemic, as documented in a series of PYMNTS reports on Main Street. I think debit ultimately wins out,” Fagan continued.

Cards 308

Cards Maine Millennials Course 308

PYMNTS

JUNE 15, 2016

When you talk to the co-founder and CEO of a mobile-first digital bank account offering, you are likely to hear that millennials, to put it lightly, are not fond of big banks. Whether it’s Chime or other apps, millennials are increasingly turning to their mobile devices to keep track of their financial health.

Millennials 100

Millennials Mobile Digital Banking Fintech 100

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

MARCH 19, 2018

Eleven James offers two main options for its services: The company can choose a watch for the consumer, or the consumer can make the choice. The Market and Millennials. Eleven James may also appeal to millennials, who don’t have that ownership mentality. Millennials currently make up about a third of the U.S.

Millennials 146

Millennials social media Retail Maine 146

PYMNTS

APRIL 9, 2019

The location, which stocks products ranging from craft beers to handmade tortillas – has technology that lets shoppers use their phones for payments. And among the main drivers of those changes are not new products, but new ways of doing payments. Payments Role. That compares to 58 percent of other respondents who said the same.

Innovation 155

Innovation Millennials Dallas Retail 155

NCR

APRIL 18, 2017

Research has suggested that the answer to that question is a resounding ‘yes’, particularly among the millennial generation. As important as new technologies and digital convenience are, the concepts that millennials value most are freedom and choice. ” Traditional appeal. ” Traditional appeal.

Millennials 75

Millennials ATM Phoenix Study 75

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 16, 2019

Consumers and businesses have increasingly employed the technology in a variety of use cases as it becomes more sophisticated, from smart cars to sensors that can be utilized for smart cities. IoT devices still have a number of security weaknesses that providers must address as the technology becomes a larger part of consumers’ daily lives.

Millennials 191

Millennials Fraud social media Study 191

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop.

Strategy 179

Strategy Millennials Retail Mobile 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. Voice Shopping.

Retail 179

Retail United States Millennials Study 179

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

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Millennials no longer rule the mobile services space. Financial providers worldwide are working to give small and medium-sized businesses (SMBs) quick access to their funds.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

MARCH 31, 2020

Though showroom visits are declining nationwide, the auto industry has the technology and digital tools available to meet shoppers where they are. The main reasons: increased urgency to stop using public transportation (43 percent) and distrust in the cleanliness of others’ cars (28 percent). When asked about financing $25,000 at a 4.5

Online 141

Online Millennials Survey Tools 141

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

AUGUST 10, 2020

Digital payment tools and technologies have seen steady increases in adoption over the past several years, but legacy methods are still holding on in certain industries. Many millennials are wary of investing in the first place. Millennials have grown up with the rise of the digital economy,” Bond said.

Millennials 181

Millennials Industry Payments US 181

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. 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

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 153

Millennials Maine Study Security 153

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

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. The other is technological innovation. According to J.P. That’s our No.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JANUARY 20, 2020

Living up to their names, fast-casual and quick-service restaurants (QSRs) are embracing innovative technologies to help drive sales in the increasingly competitive restaurant industry. More restaurant owners are finding the ingredients to success in consumer-friendly technologies, such as mobile-ordering apps and self-service kiosks.

Mobile 160

Mobile Dallas Millennials Technology 160

PYMNTS

JANUARY 22, 2020

A technological level up from those efforts is a product by Japanese startup Xenoma, which recently introduced the world to its “e-skin” pajamas designed for the elderly. An interesting divergence in data appears when one asks caregivers for senior citizens about their main priorities and concerns and when one asks the seniors directly.

Innovation 219

Innovation Technology Groups Study 219

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

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 Another 10.6 This suggests that those 33.7

Data 155

Data Millennials Google Apple 155

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. BankTalk 3.

Community 195

Community Lending Maine Resources 195

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Checks and bank account deposits can take several days to settle yet continue to serve as the main disbursement method.

Report 228

Report Payments Millennials Cards 228

PYMNTS

APRIL 29, 2020

The main reason for that is a members-first mentality. percent of millennials would be ‘very’ or ‘extremely’ interested in using P2P payment products if they were available, and that another 9.7 Bridge millennials – consumers in the 32-to-41 age range – are the second-most likely to use or be interested in using P2P payments, at 8.3

Innovation 152

Innovation Payments Millennials Survey 152

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. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174