PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Their perception of banking, aside from ATMs, is entirely app-based – and mobile. Stepping into this hot mess have been innovative card products, digital checks and cloud tools that enable more companies to bring indie contractors into the fold.

Millennials 130

Millennials New York City National New York 130

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete.

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper.

Online 148

Online Payments Millennials Apple 148

PYMNTS

MARCH 3, 2020

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. It should be publishing informed insights but this post was more of a headline grabber from Scott A.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

APRIL 4, 2019

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

Mobile 169

Mobile Study Security social media 169

NCR

JUNE 26, 2017

Whereas in years past, a cashier may simply have had to ask “cash or card?”, In store, options such as contactless cards, NFC-equipped smartphones and even wearable devices such as the Apple Watch allow consumers to choose whatever option is most convenient for them at any given time. Slow-moving merchants missing out.

Payments 75

Payments Millennials Retail Cards 75

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. imaginBank provides customers with a complete array of financial services such as a commission-free current account, a Visa imaginBank debit card, and PFM tools, as well as up-to-date mobile and P2P payment technology.

Millennials 12

Millennials Mobile social media ATM 12

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

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Payment disruption and innovation.

Retail 40

Retail Trends Millennials Mobile 40

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. 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. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

William Mills

AUGUST 11, 2016

Their branches, their ATMs, their contact center and their voice response unit. The consumer picks where they’re going to pay, what they’re going to pay, how much they’re going to pay; if they’re going to pay it back, if it’s a credit card, and how and so forth. So they have a branded experience with that.

Branding 40

Branding Mobile Retail Strategy 40

William Mills

MAY 11, 2016

PayActiv helps consumers with short-term cash, available to be picked up from any ATM. Going to speak about technology can be better used in the card world. Card-linking – link to Facebook, BofA, other so you can get a targeted real-time discount offer. Millennials want their mortgages fast, rocket fast.”

Video 40

Video Lending social media Analytics 40

PYMNTS

MAY 21, 2016

Just weeks removed from the launch, PYMNTS caught up with Ed Metzger, Santander UK’s Head of Innovation, Technology and Operations, to talk about initial impressions and what’s next for voice technology in banking. Metzger said that positive response has affirmed the value of experimenting with strategic innovation within the banking realm.

Technology 115

Technology Trends Maine Digital Banking 115

NCR

NOVEMBER 15, 2017

With so much innovation and competition happening in financial services right now, it’s easy to think that the industry is becoming more and more complex. Oman Arab Bank recently announced a single digital banking platform with a simplified interface spanning various channels, including online, ATMs and mobile.

Customer Experience 59

Customer Experience Mobile Digital Banking Millennials 59

NCR

MARCH 2, 2016

Once a customer opens a checking account and starts using bill pay, mobile banking and debit cards, you’re likely to have that customer for a nice long time. You can even do contextual mobile targeting: for example, do you think Starbucks customers may be a good profile for your latest mobile banking innovation?

Mobile 40

Mobile Examples Course New York 40

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Millennials. And the winners are ….

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

AUGUST 26, 2016

They have Braintree -owned Venmo’s ( FD2016 ; F2013 ) millennial-focused social components stamped all over them: Founded by former N26 employees, Cookies launched this week to offer Germany-based users a free P2P payment solution. A big deal in ATMs gets a second look. Venmo competition heats up. The deal closed for $1.8

Trends 12

Trends Fintech ATM Google 12

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. Eldercare has long been a target for technological innovation, with advocates highlighting the practical and infrastructural challenges presented by 73M baby boomers aging into their retirement years.

Industry 101

Industry Technology Online Video 101