PYMNTS

OCTOBER 1, 2019

The global threat of fraud shows no signs of slowing down. Losses related to fraud are valued at $14.7 billion, according to the most recent DataVisor Fraud Index Report. Developments Around The Digital Fraud World. consumers lose more to romance-based fraud than any other type of scheme.

Fraud 156

Fraud Millennials Regulation Trends 156

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JUNE 16, 2016

It’s no wonder why retailers love gift cards – they are known to drive foot traffic, increase revenue, boost their customer base and complement retention efforts. But as consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare?

Retail 100

Retail Cards Fraud Data 100

PYMNTS

MARCH 8, 2018

Dorchester said the pace of payments and security innovation has picked up significantly over the past five years — and that’s a good thing, as it generates new options for businesses to leverage the best of both worlds. Au contraire, said Dorchester: The current pace of innovation is the best thing that’s happened in payments for decades.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

AUGUST 26, 2019

From a ride-hailing company expanding into Vietnam to Visa implementing new tools to fight fraud, today’s payments news runs the gamut. Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. Kohl’s has teamed up with Facebook to create a curated clothing line aimed at capturing millennial dollars.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Rising generations show a keen interest in debit cards, according to a new report.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

DECEMBER 22, 2016

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

Innovation 100

Innovation Payments Regulation Industry 100

PYMNTS

DECEMBER 12, 2016

Gift cards may seem a logical answer. What happens if you buy a card from a store that’s not exactly right for that person? Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. But not brand.

Cards 100

Cards Mobile Branding Retail 100

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. Visa says cybercriminals are using new strategies to steal credit card information from around the country. Priceline Uses AI To Help Fight Fraud.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

DECEMBER 6, 2019

The solutions help SMBs compensate international gig workers through credit cards, digital checks and local bank transfers. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers. that wish to pay overseas contract workers. Download the Tracker to read the Feature Story.

Tools 186

Tools Payments Millennials Strategy 186

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. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. million.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

JUNE 27, 2019

In the latest Digital Banking Tracker™ , PYMNTS examines how banks are innovating to address these security vulnerabilities. California-based FinTech Binji has just come out of stealth mode with a new consolidated card. Meeting Innovation Needs for Four Generations of Customers. Around the Digital Banking World.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197

Mobile Online Payments Tools 197

Gonzobanker

OCTOBER 6, 2015

While bankers may be a bit fatigued this year by articles about payments, the more enlightened Gonzo bankers are paying close strategic attention to the single most impactful payments trend in our industry: the shift from a plastic card to a “card-not-present” world. times faster than card-based transactions.

Cards 60

Cards Fraud Apple Google 60

PYMNTS

JANUARY 9, 2020

Issuers sent cards to consumers and providers sent point-of-sale (POS) devices and terminals to merchants. Attendees will learn that younger generations – Generation Zers and millennials among them, who wield significant (and growing) spending power – care more about payment flexibility (and options) than merchants might realize.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

JANUARY 29, 2019

That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS. PYMNTS and PSCU found that 59 percent of credit union members said they want innovation, though it wouldn’t necessarily sway them to choose one CU over another. Avoiding Complacency. His Advice.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. Anyone with a bank account and debit card can use Venmo, a likely factor in its P2P reach.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. Strong balance sheets in key areas like credit card debt ($64.4 The Shore Porters Society. Fenwick Weavers’ Society. A Small Change It’s Not. billion), car loans ($382.9

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Counterfeit fraud dollars for all U.S.

Online 101

Online Fraud Branding social media 101

PYMNTS

AUGUST 13, 2020

consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost 50 percent when talking about millennials. Payors need to broaden that approach to accommodate someone without a traditional banking relationship who uses a prepaid card or digital wallet instead.

Cards 202

Cards Strategy Digital Strategies Examples 202

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

SEPTEMBER 15, 2017

I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It is very hard to innovate when you have that many responsibilities and warranties to uphold. Millennials , she noted, tend to enter the credit system with a bang once they start having families.

Fintech 198

Fintech System Lending Cards 198

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Competition among airlines, hotels and travel agencies is fiercer, but all these platforms are approaching travel innovation in similar ways.

Industry 168

Industry New York City Online Security 168

PYMNTS

JUNE 26, 2020

What we are seeing [is] continual innovation in terms of services and offerings for corporates and for individuals that are being built utilizing open banking rails.”. Some of these innovations include improved data gathering capabilities and heightened protection against financial crime. Open Banking Prevents Data Exposure.

System 198

System Data Security Examples 198

PYMNTS

JULY 24, 2019

They must protect both buyers and sellers against fraud, make sure payments are prompt and — most of all — ensure they are keeping the experiences unique, John Boris, CEO of experience marketplace IfOnly , told PYMNTS in a recent interview. And it’s not just millennials. People want to create memories derived from experiences.”.

Case Study 110

Case Study Study Mobile Millennials 110

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

PYMNTS

AUGUST 9, 2019

For Mastercard , the acquisition furthers its continued strategy to move well beyond cards, to deepen its presence in account-to-account activity and to extend its position beyond credit and debit cards. Weddings, the Millennial Way? Why Mastercard Acquired Nets. Bank Regulators Probe Amazon Cloud.

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

OCTOBER 9, 2019

Payments and other forms of innovation and disruption are taking place as the gig lifestyle spreads across the world and seeps ever further into the daily lives of consumers while becoming more critical to business. Among the main challenges? The reliance on cash in many of the markets served by UReed, Alhassan said.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. dollar payments via mobile phone versus, say, a cash card from Walmart or some of the other retailers.” .

Payments 110

Payments System Software Mobile 110

PYMNTS

FEBRUARY 18, 2019

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

Cards 169

Cards Course Study New York 169

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

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 This puts consumer data, and potentially credit ratings, reputations and bank accounts, in jeopardy.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

AUGUST 13, 2019

There are still holdouts today, but most of them are older — the desire for a physical copy doesn’t make as much sense to millennials, Burkhart noted. Unlike regular card fraud, where something of value in the physical world has been stolen, the marginal cost of refunding the purchase of a digital magic wand is relatively low.

Online 155

Online Video Fraud Examples 155

PYMNTS

MAY 14, 2018

Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as we know them are soon to be replaced by self-driving software platforms that we will call “cars” mostly out of nostalgia.

Millennials 101

Millennials Operations Mobile Cards 101

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

ZootBlog

OCTOBER 11, 2016

The entire world has gone mobile—from millennials to grandparents. We spoke with Mark Miyamoto, Director, Compliance, Risk, Fraud Solutions for Danal; a company that provides mobile identity and authentication solutions driven by real-time connections into the databases of mobile network operators (MNOs), to discuss the latest in m-commerce.

User Experience 60

User Experience Mobile Data Las Vegas 60