PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. eBay: Offline Payment Preferences Are Changing Online Habits .

Trends 175

Trends Fraud Millennials Online 175

PYMNTS

OCTOBER 7, 2020

PYMNTS has been tracking consumer attitudes and behaviors around shopping and payment methods since mid-March, which has shown clear trend lines toward concerns about safety, shifts in digital preferences and avoidance of in-store visits. Which leads to the second issue: trend lines. And then there are the millennials.

Millennials 241

Millennials New York City Retail Study 241

Perficient

FEBRUARY 18, 2021

However, one of the main drivers is their weaknesses are exposed now more than ever with folks driven online with Covid-19 and expecting the same level of service they typically get at say their local bank. The approach we took, and you’ll see in the presentation, are real-world examples of digital trends.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

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

Abrigo

AUGUST 1, 2016

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

Millennials 150

Millennials Survey Risk Management Groups 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

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 25, 2020

Among those who said they would increase spend, about a third of millennials and Gen Xers said they would increase spending. And when they do spend, consumers will do so online – some of them exclusively. percent said they would do all of their shopping online. percent said they would do all of their shopping online.

Online 176

Online Cards Retail Data 176

PYMNTS

DECEMBER 30, 2020

The trend toward BNPL solutions is particularly notable among certain consumers groups. The December edition of the Buy Now, Pay Later Tracker® explores how consumers’ shifts toward using BNPL solutions in stores and online accelerated during the holiday shopping season, as well as how this trend is poised to grow in the year ahead.

Payments 276

Payments Trends Millennials United States 276

Bank Innovation

DECEMBER 6, 2018

The face of banking and financial education has changed how we market in the course of a few short years. Digital media usage has nearly tripled since 2010, with the prevalence of smartphones responsible for more than 90% of this growth. Smartphones have become the device of choice for well over half of digital media […].

Millennials 170

Millennials Marketing Trends Mobile 170

PYMNTS

NOVEMBER 27, 2019

The holiday shopping season is upon us, and the trends for the season are emerging. To make things easier for shoppers, Walmart is also introducing an online gift finder and will launch a digital toy catalog on Nov. Credit cards are the favored payment type for the holiday season, a growing trend over the past few years.

Trends 130

Trends Millennials Retail Study 130

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. The research revealed three key trends impacting the automotive sector. automotive industry.

Online 141

Online Millennials Survey Tools 141

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. And as Karen Webster noted in a commentary on the rise of the Bridge Millennials – and what it will mean – merchants are not wrong to be a little obsessed with this group of consumers. “We

Millennials 128

Millennials Retail Branding Mobile 128

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 3, 2020

The pandemic has significantly altered the way consumers of all age groups and income levels shop and pay, with many turning to online and mobile channels to reduce health risks. Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most.

Millennials 211

Millennials Groups Study Retail 211

PYMNTS

NOVEMBER 5, 2020

Consumers are more willing to shop in stores than they were in June, in fact, on one condition: Retailers must allow them to pay using the digital to order online for curbside pickup.”. Ten percent more Gen X consumers would shop in stores now than in June, and 5 percent more millennials would do the same than in June.”.

Retail 252

Retail Millennials Online Report 252

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September.

Millennials 133

Millennials Data social media Branding 133

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

SEPTEMBER 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Having had the time to establish their careers, they enjoy higher spending power than younger millennials, who are just now dipping their toes into the professional world.

Millennials 109

Millennials Retail Study Online 109

PYMNTS

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As That integration allows Corevist to automatically display the unique business rules that are stored within the SAP ERP system for each customer on a manufacturer’s online storefront.

Millennials 134

Millennials Analysis Trends System 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. And, as Karen Webster noted in a commentary on the rise of the bridge millennials – and what it will mean – merchants are not wrong to be a little obsessed with this group of consumers. “We

Millennials 122

Millennials Retail Mobile Branding 122

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

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. Delivery and Booze Trends. According to one estimate , online alcohol sales in the U.S.

Online 169

Online Retail Regulation Maine 169

PYMNTS

DECEMBER 24, 2019

As such, the most popular 2019 holiday gift trends — from an Afterpay point of view — involves a particular type of consumer, one perhaps more interested in fashion and beauty products than other consumer segments. In 2018, toy prices were slashed 31 percent, UBS Analyst Arpine Kocharyan wrote, citing eCommerce trends tracked by Adobe.

Millennials 139

Millennials Branding Trends Retail 139

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

DECEMBER 17, 2019

That trend promises to get even bigger in 2020. It said that 70 percent or more of millennials are involved in B2B buying decisions. “As That integration allows Corevist to automatically display the unique business rules that are stored within the SAP ERP system for each customer on a manufacturer’s online storefront.

Millennials 135

Millennials Analysis Trends System 135

PYMNTS

JANUARY 28, 2021

PYMNTS’ research indicates that millennials (ages 23 to 39) and bridge millennials (ages 30 to 40) have the greatest interest in P2P payment use, for example. All indicators suggest that these trends are only likely to continue to grow, however.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Companies like Afterpay , Affirm , Klarna and even the newly combined Rent-A-Center and Acima are participating in the explosion of this trend. Buy Now, Pay Later. This compares to 53.1

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

DECEMBER 27, 2018

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What Makes Millennials Tick? Among the most influential drivers of retail change is a subset of consumers PYMNTS identifies as “ Bridge Millennials.” Take those bridge millennials. Retail Response. And retailers are taking note.

Millennials 100

Millennials Payments Mobile Retail 100

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

Accenture

APRIL 26, 2017

For years, we’ve heard people proclaiming the demise of the bricks-and-mortar bank branch, supposedly swept away by customers’ mass-migration to online and—increasingly—mobile alternatives. But as our latest UK banking consumer survey— Beyond Banking —confirms, there’s still plenty of life in the bank branch.

Millennials 316

Millennials social media Innovation Study 316

PYMNTS

MAY 15, 2018

Those are challenges that several solution providers are working to address by helping credit unions improve their online experiences for disabled credit union members. It’s not just online experiences that are getting upgrades. Embracing Tech Change to Win Over Millennials. You can’t be afraid of it. About the Tracker .

Millennials 110

Millennials Innovation Report Mobile 110

PYMNTS

NOVEMBER 27, 2017

It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the millennial generation is kicking the tires on the concept of owning or leasing their own set of wheels after all.

Trends 120

Trends Mobile Millennials Payments 120

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

APRIL 16, 2019

Vyze’s platform connects merchants with multiple lenders, allowing them to offer their customers a wide range of credit options online and in-store and ultimately leading to financing approval rates up to 90 percent — well above the industry average,” Mastercard said in a statement. Point-of-sale (POS) financing stands as a $1.8

Millennials 188

Millennials Cards Maine Retail 188

PYMNTS

MARCH 13, 2020

Brick-and-mortar is instead rapidly changing to accommodate the needs of consumers who have come to expect the same speed and convenience from purchasing through online and mobile environments. In-store experiences must be carefully calibrated to satisfy consumers who are more than familiar with online and mobile browsing.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. Irrelevant, Ill-Suited Info.

Study 196

Study social media Millennials Retail 196