PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Is No-Factor Authentication Digital Security’s Future?

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

APRIL 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. adults are concerned about the security of their financial data when making payments at these venues. Mobile wallets , however, have advantages that span from convenience to security.

Security 140

Security Mobile Retail Survey 140

PYMNTS

OCTOBER 6, 2020

“Our new in-store solution is yet another way to support merchants by offering a powerful budgeting tool that allows shoppers to spend their own money over time — whether they prefer to buy in a physical store or online.”. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions.

Trends 175

Trends Fraud Millennials Community Bank 175

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

JANUARY 27, 2021

Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets. Looking Beyond Credit Cards. This financing option could appeal to even financially secure consumers who wish to avoid credit card interest rates.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. The Sizable Online Fraud Threat. Vendors do not always find the transition to online selling to be easy.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

FEBRUARY 11, 2020

Consumers have long grown accustomed to online shopping, but familiarity does not necessarily result in increased purchase volumes. They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. BNPL Solutions and Breathing Room .

Millennials 130

Millennials Retail Mobile Online 130

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. Some online sellers eschew online marketplaces in favor of more tailored digital sales experiences, turning to eCommerce system providers for help.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 31, 2020

percent of millennials believe it is “very” important to receive payments in real time. Key Data Points: The portion of consumers shopping and paying for retail goods online increased 34.9 percent of consumers bought groceries online in 2020, compared to the 18.6 percent use debit cards and 42.1 percentage points.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

OCTOBER 1, 2019

The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 percent of bridge millennials.

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Interactions’ study found Gen-Z shoppers to be extremely “digitally savvy,” although 64 percent of them shop primarily in stores rather than with online merchants.

Study 100

Study Millennials Retail social media 100

PYMNTS

JANUARY 21, 2021

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders.

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

AUGUST 9, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Streit also said the company has entered an agreement to acquire a small tuck in secured credit card portfolio. .

Cards 100

Cards Apple Taxes Millennials 100

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

AUGUST 5, 2020

According to Singh, as more employees began to make purchases for the organizations the way they made purchases online in their personal lives, their buying habits dramatically shifted. Driving Real-Time Data Through Cards. And, he said, the credit card is a valuable payment tool to achieve that insight. ”

Cards 199

Cards Software Management Tools 199

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

DECEMBER 7, 2020

Given the importance of banking, the growing prevalence of online banking and the inherent confidentiality of banking-related personal data, he said he sees the failure to use geolocation — a common but high-value fraud deterrent — as inexplicable. “I The banking industry’s explanations for not using geolocation don’t cut it, Briggs said.

Fraud 232

Fraud Data Detroit Security 232

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. He noted that ordering grocery items online and having them delivered is a practice quickly gaining traction. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control.

Payments 262

Payments Security Millennials Retail 262

PYMNTS

OCTOBER 13, 2020

Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct. Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

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. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Security Remains Innovation’s Watchword.

Industry 168

Industry New York City Online Security 168

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption. Sophisticated Threats.

Security 100

Security CA Payments Big Data 100

BankBazaar

JULY 17, 2019

Whenever you want to buy an insurance plan, the first thing that comes to your mind is whether you should contact an insurance agent or buy it online, huh? This online facility not only helps customers compare and choose the best insurance product that suits their needs but also lets them buy the same at a lower premium.

Policies 60

Policies Online Comparison Millennials 60

PYMNTS

JANUARY 31, 2018

31) that Visa Checkout, the online payment method introduced in the United Kingdom in the middle of 2017, hit a milestone by securing 1 million customer accounts. Drilling down a bit, consumer research that had been commissioned by Visa uncovered that takeaway food is a burgeoning sector for online sales.

Millennials 100

Millennials Online Study Security 100

William Mills

APRIL 7, 2016

Observing the financial struggles their parents endured, the millennial generation — those born between the early 1980s to the early 2000s–have developed a different point of view about finances and the financial industry than those of the baby boomers or Generation X.

Millennials 40

Millennials social media Video Resources 40

PYMNTS

NOVEMBER 5, 2018

New data has emerged about how SMBs use other payment rails , including cards and wire transfers. billion ACH credit payments were made during the quarter, with online ACH payments growing 14 percent year over year. Interestingly, half of millennial small business owners refuse to use a commercial card product.

Payments 171

Payments Survey Millennials Cards 171

PYMNTS

AUGUST 23, 2019

Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. Corporate eCommerce card company Brex recently announced a partnership with leading SaaS eCommerce platform BigCommerce. Brex Teams With BigCommerce To Offer Merchant Financing.

Marketing 116

Marketing Millennials Payments Compliance 116

NCR

JUNE 21, 2016

According to a recent study , all four of the leading banks are among the ten least-loved brands by Gen Y, and one in three millennials revealed they’re open to switching financial institutions in the next 90 days. Millennials don’t like traditional banks and don’t see any stark differences between them. The Rise of the Digital Bank.

Millennials 45

Millennials Data Study Digital Banking 45

PYMNTS

SEPTEMBER 16, 2019

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JANUARY 22, 2020

“Over the last years, that shift [has intensified],” Parsons said, noting that about two generations ago, the first payment card was not even plastic, but paper — something most consumers today are unable to recall or likely believe. That comes through in some of the data shared during this PYMNTS webinar. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

OCTOBER 21, 2020

Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market. The reCommerce trend continues to gain momentum.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

MAY 13, 2019

As Karl Kilb III, CEO of identity verification firm Boloro , told PYMNTS, when it comes to online banking, the single point of failure is the internet. Fraudsters intercept the one-time PINs and passwords that pass for security in today’s world. “If Beyond Online Banking.

ATM 134

ATM Mobile Security Online 134

PYMNTS

OCTOBER 1, 2019

Fraud has become particularly problematic in the United Kingdom, where last year card-based losses increased by 19 percent compared to the previous year. 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.

Fraud 156

Fraud Millennials Regulation Trends 156

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73