Insights on Business

FEBRUARY 13, 2019

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. Hyper-connected journey.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

Abrigo

MAY 5, 2022

or largely focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. Check them all out in our Knowledge Center.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 18, 2018

Generation Y (more commonly known as millennials) and Generation Z (those born between the mid-’90s and mid-2000s) have already made major inroads in the labor market. The Pew Research Center found millennials are already the largest generation group in the U.S. “The T&E market is at a turning point.”

Millennials 138

Millennials Management Technology Innovation 138

PYMNTS

JANUARY 26, 2021

Users can monitor that usage and get suggestions from Amazon on how to best control their energy expenditures via the new energy dashboard. Market watchers have already begun listing additional features they want to see by the end of the year, according to reports. Alexa is now also able to monitor the power usage on connected devices.

Millennials 175

Millennials Data Trends Security 175

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

Accenture

NOVEMBER 28, 2017

Customers will, for example, be able to share access to their financial data with non-bank third parties, which could provide customers with new, innovative services using their customer data. In the Nordics, we see quite a mixed degree of preparedness between various banks to enter the new market.

Study 150

Study Millennials Examples Data 150

PYMNTS

MARCH 30, 2020

But, as the just-released PYMNTS “ Commerce Connected Playbook: Retail Innovation Edition ” indicates, the interesting thing to watch is not that digitization is happening, but how it is happening. But knowing there is a need to do something is very different from having the faintest idea how to do it.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. has its own Open Banking initiatives coming into force in 2018, too. As the U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

FEBRUARY 19, 2020

Chinese eCommerce platform Alibaba recently debated how to adapt its platform to better support North American small business vendors. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Around The B2B eCommerce World. About The Report.

Mobile 197

Mobile Online Payments Tools 197

Independent Banker

FEBRUARY 24, 2016

Three ways millennials could accelerate FinTech trends in 2016. When it comes to finance, millennials are a generation known to be conservative in spending and distrustful of financial institutions. Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement.

Millennials 70

Millennials San Francisco Bitcoin cryptocurrency 70

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 That, he said, is the bad news.

Cards 217

Cards Tools Mobile Google 217

PYMNTS

MAY 25, 2017

For the restaurateurs, however, problems arise: How to eke out profits and drive repeat business. The firm in March won gold at Innovation Project 2017 for “Best Comeback Story.”. That’s one way those restaurants get those orders today.

System 112

System Technology Innovation Tools 112

PYMNTS

JANUARY 29, 2020

Their consolidation helped solidify Together Credit Union’s position in the financial market, but its competitors have not backed off. On top of all this new technology is a core banking system that Together is preparing to deploy in the coming months that will fuel even more advanced innovations. Measuring Success.

St. Louis 130

St. Louis Missouri Survey Kansas 130

PYMNTS

FEBRUARY 4, 2020

Every market has different needs, wants and regulatory bodies overseeing it all. It’s not just about building something, but the right versions for the right markets. But how to offer it as an option, can be tricky. The Frictionless Flow . The Changing Global Stage .

Austin 186

Austin Cards Marketing Mobile 186

PYMNTS

OCTOBER 30, 2018

It was this observation, said Fred Thomas, vice president and general manager of retail for Goodyear, that led the firm to believe it had reached a crossroads where innovation is necessary. In our (traditional tire) stores we skew slightly older and slightly male, and we are missing millennials and women,” Thomas said. “We

Millennials 159

Millennials Maryland Metro Course 159

PYMNTS

SEPTEMBER 30, 2019

We here at PYMNTS will leave it to others to hash out the truths of that view, but here is one thing we know: All that stuff is creating a tremendous opportunity for self-storage operators, especially those who know how to get the attention of younger consumers. Get ready for more movement, innovation and disruption in this space.

Policies 117

Policies Millennials Industry Operations 117

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

JUNE 6, 2018

For every innovation that changes the world, many … don’t. When Shake Shack announced it was debuting a digital-only location , it seemed likely enough that it would work: Its clients are urban-based, largely millennial and demonstrably mobile order-ahead friendly. And that answer was no. “No

Mobile 116

Mobile Cards Innovation Millennials 116

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. The reliance on cash in many of the markets served by UReed, Alhassan said. Among the main challenges?

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

OCTOBER 14, 2017

We have come to spread the goods news of the latest financial services innovation. He is very focused on what the youth and millennials are interested in. He is a very solid businessman and has surrounded himself with bright individuals with a hunger for [bringing] new, groundbreaking technologies to market.” Quite the contrary.

cryptocurrency 148

cryptocurrency North Carolina blockchain ATM 148

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. But not all financial innovations are focused on making such concepts obsolete. some financial institutions (FIs) see a need to innovate how their consumers access cash.

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

DECEMBER 3, 2019

Lots of innovators come to market claiming they’re ready to explosively disrupt the status quo, but the number of products that actually do manage that kind of up-and-to-the-right adoption pattern are far fewer in number. Those in the insurance realm know what has to be done — and now the questions are about how to execute.

Payments 141

Payments Risk Management Industry Regulation 141

PYMNTS

APRIL 10, 2018

And that mindset — according to what Michelle Spellerberg, Alliant Vice President of Marketing & Digital Channels, told PYMNTS — is the mindset mistake that is keeping consumers bound to the brand, despite the fact that the concept is, in Alliant’s opinion, “on its way out.”. Really Knowing Your Customer.

Mobile 101

Mobile Digital Banking Millennials Online 101

PYMNTS

OCTOBER 25, 2017

In addition to explaining how adding a social layer to money transfer platforms can enable consumers to have fun with their funds, he also stressed that there are billion-dollar markets open to firms that are willing and able to master the new tools available to spur user engagement with money transfer. We help our partners ‘win.’

Mobile 100

Mobile User Experience Examples Millennials 100

PYMNTS

JANUARY 21, 2019

The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. Security and Marketing. Smart Cities Rise. We are still in the infancy of that journey,” Boyle said.

Michigan 139

Michigan Wyoming Idaho Maryland 139

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. That’s been the case in markets such as the U.K. The year is 2039. By then, it might be. Sure, more terminals in the U.S.

Online 197

Online Retail Mobile Branding 197

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Already present in retail , HR , and marketing , AI is finding its way in the world of banking. But how exactly can AI be used for banking? Most companies don’t have a clear understanding of the data they own and how to access it in a useful way.

Big Data 111

Big Data Data Fraud System 111

PYMNTS

FEBRUARY 3, 2017

We have retailers looking at how to capitalize on that growth segment and connect those two channels.”. Founded in 1971, the California-based company has a long history of innovation, including, Wilwerding said, a major part in the invention of touchscreen technology. “We Elo knows a thing or two about in-store tech.

Retail 100

Retail Online Technology Examples 100

PYMNTS

NOVEMBER 16, 2020

9, 2020, the stock market hit a high not seen since February, shortly before the world would feel the brunt of the global pandemic. For payments and tech innovators, the opportunity may never be greater. On that day, Nov. and global economy for most of 2020. percent) as those who say they definitely or very likely will (37.9

Study 270

Study Retail Millennials Conference 270

William Mills

APRIL 20, 2017

This discussion focused on the intersection of the digital and physical worlds and innovation. Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

PYMNTS

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 100

Compliance Leadership Training Innovation 100

PYMNTS

DECEMBER 7, 2018

Younger shoppers, however, are still seeking out places like IKEA even in the age of online shopping: A Home Furnishing News survey found that brick-and-mortar stores provided 63 percent of indoor furniture purchased by millennials. They just don’t want to schlep their sofas and bed frames home.) restaurants. for close to 20 years.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

MAY 10, 2016

Just a few months ago at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Individuals who may not have traditional access to credit, such as millennials, immigrants, the unbanked, etc., The bad news is, Ayers noted, that in the U.S.

Fraud 100

Fraud New York Data Millennials 100

Independent Banker

OCTOBER 29, 2014

Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices? Of course, then there is the ever-present coming generational shift as millions of technology-loving millennials—and those even younger than them—come of age.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JANUARY 14, 2019

News last week that Macy’s profits would take an unexpected Q4 nosedive set off a retail stock market shock wave that wiped $34 billion in value from the sector. Aided and abetted by mobile devices, apps and payments and logistics innovations have substantially improved the consumer’s digital shopping experiences.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JULY 23, 2018

May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market. That sounds pretty good in a market in which wages are stagnating — with base comp rising at 0.5 Are the more than a third of U.S.

Cards 122

Cards Groups Report US 122