Bank Innovation

JUNE 27, 2016

Bank customer acquisition and retention strategies are at the core of the latest report by Project Catalyst. The millennial and mobile wallet study gathers perceptions, behaviors, and attitudes of this cohort, which represents 75.3 million people born from 1982 to 2000.

Millennials 170

Millennials Mobile Study Strategy 170

Bank Innovation

AUGUST 10, 2016

It’s not just millennial customers banks are adjusting to today — it’s millennial employees.

Millennials 150

Millennials Strategy Technology Online 150

PYMNTS

JANUARY 10, 2020

Hotels, airlines and homesharing platforms need strategies to satisfy the travel needs of four generations of jetsetters, who each have different booking and payment preferences. Some millennials, in one case, would abandon travel booking processes if their preferred payment method was not offered. 59%: Share of U.S.

Millennials 130

Millennials Technology Payments Data 130

PYMNTS

DECEMBER 18, 2018

Millennials value experiences over things, as the familiar digital age adage goes, but sometimes millennials do, in fact, need actual things , such as sofas, beds and tables to furnish their apartments and houses. The Wall Street Journal also noted that “transparency rates highly for a typical millennial site.”

Millennials 165

Millennials Branding Retail Strategy 165

PYMNTS

SEPTEMBER 29, 2020

We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said. And there's a huge opportunity. And will U.S. These questions are tough to answer so far.

Millennials 251

Millennials Retail Online Branding 251

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

Bank Innovation

JULY 9, 2019

Savings app Digit is pinning its hopes on millennial and Gen Z customers who are storing up funds for a rainy day. “We serve a pretty diverse population relative to most finance and fintech companies, and the majority of our customers are actually women,” said Vishwas Prabhakara, Digit’s chief operating officer.

Strategy 199

Strategy Millennials Fintech Operations 199

PYMNTS

JANUARY 9, 2020

Airlines, hotels and homesharing platforms need strategies to satisfy the travel needs of four generations of jetsetters, each with different payment and booking preferences. For example, studies show that one in every five millennials would abandon travel booking processes if their preferred payment method was not offered.

Millennials 134

Millennials How To Trends Payments 134

PYMNTS

DECEMBER 15, 2017

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. Assemble for millennials is a toolkit that issuers, corporations and IBCUs can use to enable digital financial solutions, in this case targeting millennials, using a single-access digital prepaid product. What Millennials Want.

Millennials 134

Millennials Management Cards Security 134

Abrigo

OCTOBER 4, 2017

Employers can help by implementing strategies to ensure that employees are proficient in and knowledgeable of new industry tech. The below strategies will guide a firm’s development of well-informed, proficient employees. With new millennial hires, it is likely that they will know more about the ever-changing technological landscape.

Strategy 150

Strategy Leadership Training eBook 150

PYMNTS

DECEMBER 2, 2019

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. 29 won’t include rigid profit goals but instead will focus on growth strategy and transparency throughout its business sectors. NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019.

Millennials 100

Millennials Strategy Payments United States 100

PYMNTS

AUGUST 23, 2017

Millennials get a bad rap for everything from being unable to commit to a job to jeopardizing the cereal market. But, here’s a bit of good news coming out of travel and expense management company Concur: Businesses that have millennials in their workforces may actually save money — at least when it comes to business travel.

Millennials 111

Millennials Policies Management Strategy 111

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

AUGUST 5, 2019

The pilot program indicated that 20 percent of users were millennials and that CarePass members spent 15-20 percent more at CVS. Millennials are time-starved, and we want it to be easier to do business with you.”. Members also get a $10 coupon each month, special discounts and access to a pharmacy hotline.

Millennials 134

Millennials Tampa Philadelphia Boston 134

PYMNTS

JANUARY 26, 2021

According to the release, the Pilot software helps SMBs access strategies to help build and accelerate growth, boost cash flow and have better profitability, through financial planning services akin to those offered by seasoned chief financial officers (CFOs).

Millennials 262

Millennials Taxes Boston Analysis 262

Perficient

DECEMBER 1, 2020

Millennials are now the largest adult generation in the U.S., Even in areas that are less ethnically and racially diverse, the growth of both millennial and aging populations is proving to be both a clinical and marketing challenge. Going further, they adapted some of those learnings to apply to all of their marketing strategies.

Trends 309

Trends Millennials Community Marketing 309

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

Payments Dive

FEBRUARY 17, 2017

Marketing strategies devised for millennials by older generations have been based on bad intuition, poorly curated data, and unquestioned, incomplete assumptions. That leads to bad guesses. When you're designing banking and payment systems for your next generation of customers, bad guesses can be expensive.

Marketing Strategies 208

Marketing Strategies Millennials Payments Strategy 208

PYMNTS

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

Bank Innovation

JULY 9, 2019

Savings app Digit is pinning its hopes on millennial and Gen Z customers who are storing up funds for a rainy day. “We We serve a pretty diverse po.

Strategy 150

Strategy Millennials Retail 150

PYMNTS

SEPTEMBER 26, 2016

For millennials between the ages of 18 and 24, the number of texts sent on a normal day averages 109.5, And generations each seem to have their own mode of communication strategy, tactics and beliefs. According to the study, and others, the top reasons that millennials prefer texting is speed and convenience. Can’t even?

Millennials 100

Millennials Study Course Strategy 100

PYMNTS

OCTOBER 2, 2017

In a news article for Forbes , Jason Duff, CEO of COMSTOR Outdoor, which provides advertising and media solutions to other businesses, said baby boomers are selling their companies to millennial entrepreneurs — and that’s a good thing. Local real estate brokers, Duff added, can also be a key source of this information.

Millennials 113

Millennials Community Trends California 113

Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

Retail 170

Retail Millennials Marketing Strategies Strategy 170

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

Bank Innovation

NOVEMBER 7, 2017

Wells Fargo is going after first-time millennial investors with its new hybrid roboadvisor, Intuitive Investor. While the investment account is digital, with access to investment strategies from the Wells Fargo Investment Institute, users also have the […].

Millennials 186

Millennials Strategy Online Retail 186

PYMNTS

AUGUST 2, 2018

Among the most influential drivers of retail change is a subset of consumers PYMNTS identifies as “ Bridge Millennials.” It also spends approximately $2,225 per year on retail purchases, which is more than $830 more than baby boomers and nearly $300 more than younger millennials. A Premium On App-Based Payments.

Millennials 101

Millennials Mobile Groups Retail 101

Perficient

JANUARY 12, 2021

Gartner also reports that 30% of Gen Z and Millennial shoppers wish that online shipping experiences would incorporate AR/VR features, though less than one-fifth of analyzed brands have integrated them. Here are some reasons why AR is so important to consider and adopt as part of your ecommerce strategy. Giving the Consumer Control.

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

NOVEMBER 11, 2016

That’s why marketers will be leveraging mobile in their holiday shopping strategies this year, with new and creative strategies that focus more on omnichannel solutions and less on generic mobile coupons. Mobile coupons are still popular, especially among millennials. For millennials, that number is 90 percent.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

OCTOBER 2, 2017

millennials), “plastic does not even have to be a card anymore; it means access to … schemes such as Visa and Mastercard, perhaps through mobile devices … they will get on that and stay on that.”. With a shift in attitude toward bills and coins, banks need to tailor their ATM strategies. One segment is defined as generational.

Millennials 119

Millennials Cards Retail Study 119

Accenture: Banking

APRIL 26, 2017

And the findings will certainly give banks pause for thought as they plan out future strategies for their physical branch networks. 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 277

Millennials social media Innovation Study 277

PYMNTS

JANUARY 21, 2021

One recent PYMNTS study found that 28 percent of millennials now consider themselves debit-centric users, indicating that debit use is also strong among younger generations. New Year, New Fraud Protection Strategies . Debit And The Fraud Catch .

Fraud 148

Fraud Strategy Study Cards 148

Perficient

AUGUST 31, 2020

What will they expect from an experience given how they grew up under the influence of Millennials (their parents)? The spending power of Generation Z is predicted to outmatch all the generations before it but it’s never too early to start understanding and planning for capabilities that will be expected from the generation coming next.

Customer Experience 506

Customer Experience Branding Community Millennials 506

PYMNTS

NOVEMBER 9, 2020

Having digital payment options is even more important to bridge millennials, millennials and members of Generation Z than to the average consumer — and far more important than it is to either Generation X consumers or baby boomers and seniors,” notes the PYMNTS How We Will Shop Report , a collaboration with PayPal.

Retail 261

Retail Millennials Online Tools 261

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. This generation values experiences, not just tangible goods.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

SWBC's LenderHub

MAY 7, 2020

As your member base shifts to a larger number of millennials and their younger Gen Z counterparts, traditional forms of communication will likely fall on deaf ears. In the past decade, the digital transformation has reshaped how credit unions are expected to interact and communicate with their borrowers.

Strategy 97

Strategy Innovation Millennials Fintech 97

PYMNTS

DECEMBER 6, 2019

In this month’s Feature Story, the three gave PYMNTS an inside look at the financial tools and strategies that make trucking more seamless. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers. It is often too risky for drivers to carry large amounts of cash, but other payment tools can be problematic as well.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101