PYMNTS

AUGUST 4, 2017

However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S.

Community Bank 116

Community Bank Community Innovation Millennials 116

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

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. 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. It provides an exhaustive and statistically reliable portrait of the connected consumer in America.

Millennials 222

Millennials Study Course Trends 222

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. That lack of technological and business expertise can have profound impacts on the way they manage their company finances.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

DECEMBER 11, 2020

Those all managed to rise to the top of the pile in terms of things that Sugden, managing partner at Edison Partners, said have the potential to “turn the landscape on its head” going forward. Now, I wonder if we're into both the right and the left saying together: ‘We’ve got to show America we're doing something to these folks.’”.

Payments 188

Payments Millennials Cards Regulation 188

PYMNTS

SEPTEMBER 19, 2019

million-plus millennials in the country. . A premium subscription service is also in the works and will offer advanced AI money management essentials as well as cash rewards and investment jars. . The Savings Jar component is structured to assist Douugh users with picturing and pursuing their savings goals.

Fintech 148

Fintech Millennials Cards America 148

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). A separate survey from management consulting firm Bain & Co. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

MARCH 18, 2020

According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 Meanwhile, 28.5

Cards 217

Cards Tools Mobile Google 217

PYMNTS

DECEMBER 4, 2018

As depicted over the summer in our Innovation Readiness Playbook , FIs are focusing efforts across digital wallets, P2P payments and, of course, loyalty programs. In September, Bank of America announced that it would roll out a Premium Rewards credit card that offers customers unlimited points that never expire.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

FEBRUARY 19, 2020

Kivanc Onan, head of B2B North America Financial Products for Alibaba , explained how features like lending services can help sellers get paid up front, while delivery guarantees that buyers feel more comfortable. Around The B2B eCommerce World. Construction and industrial equipment and supplies distributor Winsupply Inc. About The Report.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

MARCH 6, 2019

By today’s standards, it looks anything like an innovative brand. But then, looks can be deceiving — 100 years ago, Corning Glass Works had just introduced a massive innovation into the lives of home cooks everywhere. Yes, Instant Pot-side chats are the fireside chats of the millennial generation. A New Kind Of Pothead.

Branding 108

Branding Millennials Innovation Marketing 108

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

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Older credit unions that have managed to stay in business for many years, including St.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

APRIL 11, 2016

A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. Research also uncovered gaps in how businesses interact with innovative tools depending on who’s using it — financial executive versus corporate traveler and even millennial business owner versus Baby Boomer.

Millennials 100

Millennials Software social media Cards 100

PYMNTS

JUNE 22, 2016

According to a new survey from Bank of America , released on Tuesday (June 21), less than one in five (17 percent) adults believe they are on their mobile phone too much, while more than half (56 percent) believe other people are guilty of overuse. The data shows there is an ever-growing daily dependence on mobile devices.

America 101

America Payments Mobile Survey 101

PYMNTS

MAY 26, 2017

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

FEBRUARY 20, 2019

Chime plans to use Pinch’s background in credit building and management to offer its largely millennial user base the tools to help improve their credit scores and plan for major purchases. Challenger banks are not only delivering an innovative and smartphone-first approach to financial services. In the U.S.

Digital Banking 155

Digital Banking Millennials America Lending 155

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

MAY 15, 2018

Nana Murugesan, vice president and general manager at Samsung Electronics America, said this is what Samsung has been building up to in recent years, continually tucking new value-add features into its ecosystem. The Challenge of the Bridge Millennial. Bridge millennials have careers and disposable income. What’s Next.

Samsung 101

Samsung Millennials Online Mobile 101

PYMNTS

MARCH 14, 2016

The French cosmetics chain announced Saturday (March 5) that it had officially opened the Sephora Innovation Lab, a research space located in San Francisco where the retailer will test its own and sponsored partners’ innovations for in-store and online retail.

San Francisco 100

San Francisco Innovation Retail Branding 100

PYMNTS

OCTOBER 11, 2019

The pace of innovation and disruption only promises to get faster as more travelers choose adventure over mere relaxation, and as urban experiences attract more travelers at the expense of, say, a traditional week spent along the beach or at a lake house. After all, in Colonial America , travelers needed a place to sleep.

Course 124

Course Payments Innovation Tools 124

CB Insights

APRIL 22, 2019

Consider the recently updated figures from the Government Accountability Office’s 2015 report on retirement security in America, which highlight that 29% of households aged 55 and older have no retirement savings and no pension. Source: Bloomberg.

Millennials 70

Millennials Resources America Tools 70

NCR

AUGUST 25, 2016

But while its innovative use of augmented reality (and a healthy dose of 90s nostalgia) has helped propel it to front pages, it’s also another example of how smartphones are taking over our lives. The first choice for Millennials. Both surveys also revealed that this dependence on smartphones extends to managing finances.

Millennials 40

Millennials America Survey Mobile 40

PYMNTS

SEPTEMBER 16, 2016

Latin America is making big gains in the realm of payments, but Mexico may just be the region’s standout star. On the flip side, larger players are also beginning to introduce more modern solutions to consumers to help them purchase and manage their mobile services. Mexico’s mobile industry has officially arrived. percent to 59.8

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

AUGUST 5, 2019

Insurers are under pressure to innovate the appraisal and claims process to stay competitive and deliver the speed and efficiency consumers expect. The carriers that are managing to move to AI-enabled processes, to mobile processes … are getting the benefit of matching those expectations,” Kheyfets explained. ” . .

Mobile 116

Mobile Tools Policies Millennials 116

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. Far from being a barrier to change, the ATM channel can be a powerful symbol of how FIs are investing in innovation and modernization.

ATM 85

ATM Mobile Strategy Fraud 85

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. There is opportunity for banks to help these consumers more effectively manage these loans. Emerging evidence suggests that some consumers will struggle to use BNPL responsibly, especially across multiple providers.

Fintech 52

Fintech Millennials Lending Tools 52

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

APRIL 5, 2018

Some of our research has shown, particular[ly] with the underbanked and millennials, that the ability to help them ‘save them from themselves,’ relative to financial management, budgeting, savings and so on is in high demand,” Politi said. “In When gig employers do offer innovative payment options, workers take note.

Tools 108

Tools Survey Payments Examples 108

Lex Sokolin

JULY 19, 2019

Facing pricing pressure and headwinds in several of its businesses, Deutsche is responding with a plan to fire 18,000 employees by 2022 and an announced investment of €13 Billion in technology and innovation by 2022. Many people in Fintech derisively refer to big bank incumbent activity around the start-up space as “Innovation Theater”?—?something

Training 40

Training Innovation Technology Software 40

Gonzobanker

DECEMBER 20, 2018

Hats off to Greg for taking a $600 million credit union to a $5 billion innovator over his 25 years at the helm. Greg also leaves the organization knee-deep in technical innovation as PSECU has deployed Corelation core, Kony digital, Temenos origination and Sitecore CMS among other new solutions. Bank Sale of the Year.

Fintech 102

Fintech Conference Innovation Community 102

Tech and Finance

JUNE 14, 2018

In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence. Of those who do, nearly 70 percent cite meditation and mindfulness as the most effective activity for managing their stress, ranked above listening to music, sleeping or exercising. – 52.3%

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

JUNE 25, 2018

Of the 41 percent of consumers who we reported still concentrate their grocery spend predominantly online, more than a third of those physical shoppers (37 percent of the 41 percent) visit multiple stores in search of “deals” and products not found at their main “go-to” store — and two-thirds of millennials do.

Retail 156

Retail Branding Millennials Online 156

Banking 2020

DECEMBER 16, 2014

We’ll soon have four generations within the global workplace: next gens, millennials, gen X and traditionalists. A big part of this is moving from reactive to proactive talent management. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. Be ready to act fast.

Leadership 52

Leadership Regional America Industry 52

CB Insights

AUGUST 6, 2017

Wealth Tech Market Map: 90+ Companies Transforming Investment And Wealth Management. Disrupting Banking: The Fintech Startups That Are Unbundling Wells Fargo, Citi and Bank of America. Millennial Personal Finance: 63 Fintech Startups Targeting Millennials. ARTIFICIAL INTELLIGENCE AND ROBOTICS. EDUCATION TECH.

Industry 78

Industry Marketing Fintech Software 78