PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

Millennials 100

Millennials South Carolina social media Oregon 100

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

AUGUST 11, 2017

Although luxury revenue took a dive between 2015 to 2016, going from €251 billion down to €249 billion, there has been signs of positive growth in 2017. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

OCTOBER 1, 2019

A report by Lloyds Bank noted that the share of millennial consumers who fall victim to scams increased by 400 percent in the past year, even though overall fraud incidents declined. The report did have some good news for millennials, however: this demographic loses an average of $3,280 per scam, much less than any other age group.

Fraud 156

Fraud Millennials Regulation Trends 156

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JUNE 5, 2018

MMGY , a travel marketing firm, has found that 33 percent of millennials are willing to use travel agencies. According to TrekkSoft , which sells online booking software, most tour operators favor online channels for bookings, with the mix as high as 60 percent in favor of digital.

Millennials 100

Millennials System Trends Marketing 100

PYMNTS

JULY 29, 2016

Online retail has taught merchant and consumer alike a pertinent lesson for the age of digital retail: Everything might have a price, but the quest for the ultimate bargain means it can always be lower. The effects of this new shopper ethos are widespread, and while more and more retailers try to give consumers what they think they want (i.e.

Millennials 100

Millennials Retail Conference Community 100

Insights on Business

JUNE 23, 2017

But as innovative as they were, they didn’t seem to pose much of a threat to century-old institutions with billions in assets. Innovating in the digital front office to serve both audiences. Fortunately, banks have a long history of technological innovation. Shareholders in a bank are usually not as patient.

Fintech 154

Fintech Innovation Technology Branding 154

Fintech Labs Insights

SEPTEMBER 17, 2015

The Best of Show votes for FinovateFall 2015 have been cast and counted! After two days and 70 live demos of the latest in fintech innovation, our attendees have made their opinions known as to which companies have earned the title of “Best of Show” ( see footnotes for voting methodology ). We’ll see you next year!

Innovation 12

Innovation Millennials Technology blockchain 12

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. The 2016 Millennial Money Mindset Report, released by iQuantifi earlier this year, reported that nearly 42 percent of millennials want to manage their banking relationship exclusively online. US investment in fintech rose from $3.3

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

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 6, 2018

LevelUp is front and center on the Chase site as its partner for online ordering using Chase Pay and Chase Commerce Solutions (aka Chase Paymentech). That model — aggregating menus from local restaurants in one place and enabling easy online ordering from that online platform — remained Grubhub’s mainstay over the next decade.

Online 125

Online Branding Mobile Millennials 125

PYMNTS

SEPTEMBER 16, 2016

With one of the largest global economies (and purchasing power to boot), millennials representing the country’s largest demographic group and increasing competition from smaller players, the country’s mobile landscape is ripe for innovation. Mexico’s mobile industry has officially arrived. percent to 59.8

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

JUNE 25, 2018

Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. Along with the promise of much more. Amazon has done deals with recipe aggregators Yummly and Allrecipes , so that’s not that much of a stretch.

Retail 156

Retail Branding Millennials Online 156

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

NCR

FEBRUARY 17, 2017

In the rush to serve the tech-savvy millennial market and keep up with the latest developments in mobile and digital banking, some FIs might fall into the trap of overlooking traditional channels. million in 2015. Why the ATM is key to omnichannel. That figure is expected to increase to four million by 2021. A driver of change.

ATM 85

ATM Mobile Strategy Fraud 85

Fintech Labs Insights

JANUARY 8, 2016

2015 was quite a year for the 800+ Finovate alumni. Here are the highlights from the 2015 Best of Show winners: FinovateEurope 2015. October: Named FinTech Forward 2015 Company to Watch. December: Introduces bank account deposits using POLi online payment service. FinovateSpring 2015. Avoka : (see above).

Innovation 12

Innovation Mobile Fintech Cards 12

Independent Banker

NOVEMBER 25, 2015

It’s a worrisome and complicated dynamic that’s putting competitive pressure on community banks, but it’s also creating opportunities through data analytics, partnerships and the ability to innovate to meet evolving customer demands. “We See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

DECEMBER 14, 2019

According to analyst estimates, a Star Wars movie year is worth $5-$7 billion in merchandising revenue for Disney—and that estimate was made with the 2015 release of the first of the Disney Star Wars films, The Force Awakens. And Disney has made good use of them.

Maine 170

Maine Retail Innovation Millennials 170

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

NCR

JULY 20, 2016

Biometrics has been a staple of science fiction films for decades, with futuristic movies displaying iris scanners, facial recognition software and a range of other quirky innovations. This would be up from just six million in 2015, as people move away from alphanumeric passwords. Fingerprints.

Technology 40

Technology Payments Millennials System 40

PYMNTS

SEPTEMBER 27, 2016

According to CMO and the 2015 Adobe Mobile Consumer Report , the “mobile elite” — those who want to lead a mobile-first lifestyle, such as millennials and Gen Xers — want to conduct their banking and finances on mobile, book travel on mobile and engage in eCommerce on mobile sites. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. It’s not exactly a newsflash, Jenkins said, that the rate of innovation in payments over the last four years has been fast-paced, transformative and disruptive.

Security 100

Security CA Payments Big Data 100

PYMNTS

OCTOBER 18, 2016

An April 2015 pair-up with fashion icon Lilly Pulitzer was such a runaway success that the event — which was supposed to go on for a few weeks — was more or less entirely sold out within a few days (and for some high-demand items, sellouts were more easily measured in hours). Designer partnerships are not exactly new territory for Target.

Trends 100

Trends Millennials Retail Branding 100

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Indonesia features the largest ($27B in 2018) and fastest-growing (49% CAGR 2015-2018) internet economy in Southeast Asia, according to a study by Google and Temasek.

Policies 61

Policies Lending Operations Examples 61

PYMNTS

AUGUST 24, 2016

“We made significant progress in 2015, transforming our product operating model, enabling us to be more responsive to trends and market conditions and consistently deliver on-brand product collections. The work is deep and it centers around core processes in the business,” Peck said.

Trends 100

Trends Branding Millennials Conference 100

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. After many fits and starts, Square pushed into an IPO in late 2015. Big ideas often start by solving a seemingly small problem.

Apple 110

Apple Capital Cards Payments 110

PYMNTS

JULY 11, 2016

In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. In 2003, the majority of the online shopping was done at the desktop at the office when the boss wasn’t looking, and that experience included laboriously typing in card credentials at every site.

Google 100

Google Mobile Apple Online 100

PYMNTS

APRIL 11, 2016

I was reminded of this phenomenon recently after scanning a bunch of stories that described a variety of “disruptive” innovations in payments. Over the years, outdoor bazaars became main streets which morphed into malls and now online marketplaces where sellers and buyers meet to do business. iHeartDogs — The ‘Uber’ of dog walking”.

San Francisco 100

San Francisco Operations Examples Branding 100

PYMNTS

OCTOBER 21, 2016

Every innovator can point to something that stirred up their passions for changing the world and working 100 hours a week to make their vision a reality. Even as early as 1999, Villante observed that many of the people he knew were already paying their bills online, all except for one — their largest payment every month: their rent payment.

Software 100

Software Payments Management Cards 100

Gonzobanker

JUNE 3, 2015

Gonzonians, one of the realities of banking in 2015 is that there’s just a lot more to know than there used to be. What is the best online borrowing experience a customer can have, and how close are we to it? Question: does the management team know the best practice online borrowing experience to aim at? ” — Oscar Wilde.

Management 60

Management Examples Lending Conference 60

Fintech Labs Insights

DECEMBER 15, 2016

” The company says it will use the funding to fuel innovation on its platform and scale operations – including Socure’s 300% growth in 2016. Pictured: Sunil Madhu, Socure CEO and co-founder, demonstrating Perceive at FinovateFall 2015 in New York.

Capital 12

Capital New York Compliance Millennials 12

William Mills

MAY 11, 2016

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Chip card reader for when customers are shopping online to improve security. Integrate with any online merchant site. David Carr (Innovation Manager). Vladimir Stasevich (Exec.

Video 40

Video Mobile social media Analytics 40

PYMNTS

JUNE 1, 2020

QSRs, among the early adopters of mobile order-ahead with Starbucks in 2015, are reaping the benefits of their head start with credentials on file to expedite the ordering and dining experience, and to eliminate the need for customers to go into the store. percent of consumers who have shifted more of their shopping online, 85.7

Cards 147

Cards Study Maine Payments 147

Gonzobanker

OCTOBER 6, 2015

It is important that when bank executives picture the card business, they shouldn’t picture this: But rather this: Giving customers a number and encouraging them to virally spread it around the world in online payments from hundreds of merchants forces banks to develop a new strategic focus and a new set of management skills.

Cards 60

Cards Fraud Apple Google 60

William Mills

MAY 11, 2016

Do no go online and get another online loan. Under the scenario the consumer can transfer much-needed cash as well get cash (that was earned, not paid yet) so no payday or online lending debt is added. Millennials want their mortgages fast, rocket fast.” Blake Wood (SVP & Director, Program Innovation).

Video 40

Video Lending social media Analytics 40