PYMNTS

JANUARY 14, 2021

Forty-two percent of respondents report using mobile apps as their main source for financial education, and 36 percent report using social media to learn about financial products. Rich media content such as on-demand video, meanwhile, is an appealing tool for accessing relevant, targeted information for nearly half of consumers.

Video 224

Video social media Millennials Data 224

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.

Millennials 109

Millennials North Carolina South Carolina social media 109

PYMNTS

DECEMBER 26, 2018

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. The firm chose a Kenyan brand, Huddah Cosmetics , as the first social commerce merchant on its Mula service to roll out the platform.

social media 180

social media Payments Millennials Regional 180

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.”. That simply won’t fly in the digital-first decade.

Study 196

Study social media Millennials Retail 196

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Other interesting findings of the survey, which involved 2,000 U.S. customers that fit the Gen-Z demographic: 89 percent said they were “very price-conscious.”.

Study 100

Study Millennials Retail social media 100

PYMNTS

AUGUST 30, 2017

Although it’s no secret that social media platforms such as Snapchat , Facebook and Instagram have a strong affect on fashion trends, it may be surprising to see just how robust that impact actually is. Capturing Gen Z.

social media 155

social media Report Study Trends 155

PYMNTS

NOVEMBER 27, 2018

Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05. The survey found that more than 89 million people shopped online and in stores, which is an increase of close to 40 percent compared to a year ago. on gifts and other holiday items during the five-day shopping period.

Millennials 149

Millennials social media Retail Survey 149

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. Follow the Smart(phone) Crowd.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

NOVEMBER 11, 2016

According to the BDO Retail Compass Survey of CMOs, nearly 60 percent of marketers plan to leverage mobile in their marketing strategies this holiday season. Mobile coupons are still popular, especially among millennials. For millennials, that number is 90 percent. The BDO survey shows that CMOs are predicting a 4.7

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

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

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Just as millennials overtook Gen X, there’s another big buying group retailers need to plan for, and it’s even larger: Generation Z,” Shay said. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

NOVEMBER 23, 2016

Astound Commerce just released a Holiday Report infographic based on a survey that reveals key insights into consumers’ shopping behavior, in-store preferences and social commerce actions. Millennials are projected to be a massive driver of revenue, with a combined purchasing power of over $200 billion.

Millennials 100

Millennials social media Survey Retail 100

Accenture

OCTOBER 3, 2017

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. Trust in online platforms and social-media companies as providers of payments services is low. So why not?

social media 186

social media Millennials Online Fraud 186

NCR

JUNE 29, 2016

More worrisome are the kids who can’t remember a time before social media. And it has to do with the dreaded ‘m’ word: Millennials. When it comes to millennials, however, it’s very different. According to Gallup’s most recent report , barely 25% of all millennials feel an emotional attachment to a brand.

Millennials 45

Millennials social media Video Tools 45

Accenture

APRIL 26, 2017

But as our latest UK banking consumer survey— Beyond Banking —confirms, there’s still plenty of life in the bank branch. A breakdown of the 2016 findings by age (see Figure 2) reveals what many might regard as a surprising outcome—with millennials being by far the heaviest users of branches, tapering down to OAPs as the lightest.

Millennials 327

Millennials social media Innovation Study 327

PYMNTS

OCTOBER 25, 2016

Retailers should take initiative in communicating with shoppers — especially younger ones — by email rather than social media channels, a new report by Bluecore found. And, said half of those surveyed, smart devices are the conduits for reading those emails.

Retail 100

Retail Study social media Millennials 100

PYMNTS

AUGUST 11, 2017

Specifically, 59 percent of consumers surveyed said their spending on high-end items has increased over the past five years. Half of those surveyed by Deloitte said most of their luxury purchases are spent while out and about, rather than at local shops.

Millennials 122

Millennials Survey Retail social media 122

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Mobile 45

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. In Millennial parlance, that’s “harsh.”.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

JANUARY 14, 2021

One survey determined that 19 percent of failed deliveries stem from erroneous delivery addresses, for example, and 66 percent of respondents cited address accuracy as key to their business operations. Businesses also use geocoding surveys as marketing and logistics tools to analyze certain markets or improve shipping processes.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

NOVEMBER 30, 2020

They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. The report surveyed 2,141 U.S. This is especially true for Generation X and millennial consumers, at 37 percent and 36 percent, respectively.

Fraud 171

Fraud Data social media Millennials 171

Insights on Business

JUNE 14, 2017

; increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. They are tech savvy, mobile and social. More than ever – millennials seek customized experiences without a corresponding increase in prices.

Marketing 156

Marketing social media Millennials Customer Experience 156

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. The 2016 Payment Survey found that U.S. All the data gets broken down below.

social media 100

social media Payments Millennials Survey 100

The Paypers

MARCH 25, 2016

(The Paypers) 56% of millennials report search engines, vendor websites and social media are the most important sources of information when researching new products, according to a new survey by Sacunas.

Millennials 28

Millennials social media Mobile Survey 28

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

BankBazaar

JULY 1, 2019

Given the emergence of Indian millennials as a key target group for every marketer, we recommended a specific focus on this target group in client’s communication. We launched a category-first Millennial Aspiration Index representing the target group’s aspirations. The award is in recognition of BankBazaar Aspiration Index 2018.

social media 60

social media Millennials Conference Groups 60

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. consumers shop and pay — today and in the future.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JANUARY 11, 2017

Indeed, as previously reported by PYMNTS , the beauty industry has become ruled by millennials, women between the ages of 18 and 34 being the main buyers, according to a survey by TABS Analytics. According to a release, the platform will continue to focus on its mission “to uplift, empower and validate women across the globe.”

social media 100

social media Millennials Online Maine 100

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. According to a report on restaurant technology usage from Technomic, 79 percent of restaurant customers surveyed agree that technology improves their experience at an eatery.

social media 100

social media Survey Retail Technology 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. As for why, the survey indicates money is the leading issue. Good news — something better than staycations.

Millennials 179

Millennials Hawaii social media Report 179

NCR

FEBRUARY 24, 2016

Chris Coleman bills himself as the Social Media Superhero. The 24-year-old consults with companies worldwide on how to reach the millennial audience. As the survey reported, more than one out of three respondents 19 to 49 years old forgo the big banks today. In fact, some of the new banks don’t have branches anywhere!

Millennials 40

Millennials Survey Portland Oregon 40

Independent Banker

NOVEMBER 13, 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 87

Millennials Community Bank social media Community 87

Accenture

MAY 7, 2019

And it’s not just millennials who are thinking of jumping ship. However, this isn’t just a frustration for your average millennial. Adverse media screening: Banks can use online vendor software to look for adverse mentions of the potential customer across a variety of traditional and social media.

Customer Experience 270

Customer Experience Online Millennials social media 270

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. A separate survey from management consulting firm Bain & Co. It has also meant working in anticipation of the changing needs of millennial users.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 12, 2016

First and foremost, Halloween is no longer a holiday traditionally for children, as millennials between the ages of 18 and 34 are the most likely to participate in the holiday. Millennials are also the top costume spenders, spending $42.39 And millennials’ desire to attend a Halloween party has increased 10.9

Retail 100

Retail Trends Millennials National 100

PYMNTS

DECEMBER 30, 2020

consumers surveyed (37 percent) are interested in direct-to-consumer sales. College-educated shoppers also outpace those with only high-school degrees or less, while bridge millennials, millennials and Generation Zers expressed greater interest than Gen-X and Baby Boomers did. More Than a Third of Consumers Want D2C .

Branding 257

Branding Millennials Retail social media 257