CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Money management tools are helping people stay independent .

Millennials 73

Millennials Fintech Tools Fraud 73

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

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. In Millennial parlance, that’s “harsh.”.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

PYMNTS

OCTOBER 31, 2016

Red Sox fans here at PYMNTS vividly remember seeing a more unlikely turnaround when the New York Yankees managed to blow a three game lead in the ALCS, thus pulling off the biggest choke in the history of sports. Disappointed millennials rejected by credit card companies. Millennials — Once Rejected, Twice Shy.

Data 100

Data Millennials Chicago Lending 100

PYMNTS

MAY 10, 2017

posted results Tuesday night that blew past Street estimates, boosted by strength in its card and tax refund-focused business lines. Streit also highlighted the direct to consumer business, which offers bank accounts and prepaid cards, driven in part by online activity. Green Dot Corp.

Taxes 100

Taxes Cards Trends Millennials 100

PYMNTS

JANUARY 14, 2017

The world would be Google-less without Sergey and Larry maxxing out their credit cards to buy more space on servers. That is a big drop from the 2015 report that indicated that 21 percent of consumers thought they were going to leave their descendants nothing but debt. And using credit wisely, it seems, is on the uptick.

Millennials 100

Millennials Data Cards Study 100

Jeff For Banks

JANUARY 26, 2017

Will millennials come to your financial institution once they've acquired the investable assets to make your Trust Department interested? You'll start hearing from bankers, financial planners, and investment advisers alike. *crickets* I wrote a blog post in 2015 about banks building their own small business loan platform.

Management 60

Management Strategy Meeting Millennials 60

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. Scott’s thesis is as follows: [Bank] executives believe digital disruption will drive 40% of companies out of the top 10 in the next five years. million banking jobs by 2025.

Innovation 150

Innovation Millennials ATM Data 150

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

SEPTEMBER 6, 2017

percent increase in travel spend among corporations each year between 2015 and the end of the decade. Chung told PYMNTS why the consumer credit card industry is a huge factor in getting companies to spend more on travel, and how companies can shift from blindly paying for employee travel to being more strategic about spending.

How To 130

How To Cards Industry Trends 130

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

MARCH 1, 2017

GhostBed customers are now presented with two Klarna financing options at checkout along with the ability to purchase using their existing credit or debit card. in September 2015, and since then, Billingsley said the company has experienced many learning opportunities as it continues to expand within the market.

Customer Experience 100

Customer Experience Millennials Branding Cards 100

Independent Banker

AUGUST 9, 2016

According to the 2015 Colloquy Customer Loyalty Census, the average American household maintains memberships in 29 loyalty programs (1). Statistics are especially compelling for those trying to attract and maintain the millennial segment. Customer Loyalty Program Memberships Top 3 Billion For First Time, 2015 COLLOQUY Census Shows.

Community 70

Community Millennials Community Bank America 70

BankBazaar

NOVEMBER 20, 2019

Additional Reading: Money Management Tips For Millennials. Credit Card Debt Management. According to a study in 2015, women manage Credit Card debt 22% better than men, which means they are more disciplined in the way they repay their debts. This one may shock a few who think otherwise.

Study 60

Study Millennials Management Cards 60

PYMNTS

OCTOBER 20, 2020

Apple had already more or less created the modern smartphone industry with the iPhone and remade the music industry with the iPod – so it didn’t seem too much of a stretch to believe that if Apple wanted to disrupt the plastic card, it could fall out of favor for in-store purchases. percent in 2015. 23 and Sept. Of the 207.6

Apple 133

Apple Payments Study Mobile 133

MyBankTracker

AUGUST 26, 2020

For children, a strong foundation in personal finance can lay the groundwork for a lifetime of smart money management. How Children Can Start Managing Their Own Money. Setting up a bank account for a child is usually the first step to help him or her manage personal finances. Prepaid debit cards. Age 14-18 23.9%.

Survey 52

Survey Cards Study Examples 52

Abrigo

OCTOBER 15, 2014

Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation. The tweet to pay will be managed by the bank’s S-Money mobile payments unit, via their app. BPCE says that this process will abide by the credit card industry''s data security standards.

social media 150

social media Apple United States Innovation 150

Fintech Labs Insights

SEPTEMBER 22, 2015

Though FinovateFall is behind us, it has left us with a slough of new innovations, piles of fresh business cards, and a full list of press coverage. The Latest FinTech Innovations For Millennials. By Millennial EH. Mobile, onboarding among dominant themes at FinovateFall 2015. Finovate Fall 2015: Day 2 Recap + 8 Winners.

Millennials 12

Millennials Video New York Innovation 12

PYMNTS

MAY 2, 2017

billion — a 14 percent increase from 2015. And now it seems credit cards are coming to the party — Capital One, Synchrony and Discover Financial have all increased their loan-loss provisions and reported increasing delinquencies. Card Weakness. Millennials currently are responsible for $1.1 So is it time to worry?

Millennials 103

Millennials Lending Capital Cards 103

PYMNTS

OCTOBER 11, 2018

Bureau of Labor Statistics found that both men and women were more likely to play sports in 2015 than they were in any other year after 2003. Research indicates that millennials are twice as likely as other adults to participate in team sports. It’s a growing industry, and one seemingly set to continue its expansion. Getting Organized.

Payments 108

Payments Online Management Tools 108

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. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

OCTOBER 20, 2016

According to Robert Flynn, managing director of Accenture Payments in North America: “Consumers are content to use cash and plastic for their everyday transactions, and while the use of cash is declining overall, it is the most commonly used form of payment – and consumers expect it to remain so in 2020. Three-quarters of U.S.

Apple 100

Apple Mobile America Payments 100

PYMNTS

OCTOBER 6, 2017

But as readers in this space know, the move to cashless is not a done deal, nor is it written in the cards (no pun intended). In an interview conducted by PYMNTS’ Karen Webster with Brian Bailey, managing director for North America at Cardtronics , the discussion turned to why and how cash has remained so sticky.

United States 119

United States Study Cards FDIC 119

Independent Banker

NOVEMBER 25, 2015

See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). It also exposes banks to risk because they are left to bear fraud-related losses, including card-not-present transactions, card reissuance and the cost of security upgrades such as the chip/EMV card-security technology to the tune of billions every year.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. trillion in cash in 2015, a higher rate than that of Western European nations. Once the code is entered at an enabled ATM, he or she can access the cash without using a debit card. Given its high usage in the U.S., Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

Fintech Labs Insights

SEPTEMBER 21, 2015

And FinovateFall 2015 is no different. So let’s take a look at some of the more creative, colorful, and consequential tweets of the FinovateFall 2015 Week That Was. Pedro Gaspar (@pgaspar) September 17, 2015. Trak Lord (@traklord) September 16, 2015. .” Trak Lord (@traklord) September 16, 2015.

UX 12

UX Fintech Innovation Community 12

MyBankTracker

FEBRUARY 24, 2021

high-interest credit cards, payday loans, etc.) Survey: COVID-19’s Financial Effect on Millennials. Banks Checking Accounts Customer Survey 2015. Survey: 32% of Americans Spend No Time Managing Their Finances. A financial buffer is crucial to prevent an unexpected expense from devastating one’s finances.

Survey 52

Survey United States Study Taxes 52

NCR

MAY 9, 2017

Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank. billion in 2013 to a peak of $27 billion in 2015. US investment in fintech rose from $3.3 billion.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

OCTOBER 21, 2016

Villante managed to get out with most of his investment — and waistline — intact, but he knew two things: He had dodged that bagel bullet and had to quickly pivot and find something else to do. Getting landlords and property managers on board wasn’t all that easy. Then, accepting credit cards was pricey.

Software 100

Software Payments Management Cards 100

Banking 2020

FEBRUARY 9, 2016

Proactive banks have an opportunity to transform consumer behavior, win millennial customers and satisfy existing customers by taking advantage of the unique differentiation opportunity of mobile. Millennials have emerged as mobile trailblazers. Globally, the millennial population looks to do their banking through a mobile app.

Mobile 40

Mobile Industry Millennials Survey 40

Fintech Labs Insights

JANUARY 8, 2016

2015 was quite a year for the 800+ Finovate alumni. Here are the highlights from the 2015 Best of Show winners: FinovateEurope 2015. October: Named FinTech Forward 2015 Company to Watch. Jumio : demoed credentials-management technology, Netverify, that turns mobile devices into ID document-scanning terminals.

Innovation 12

Innovation Mobile Fintech Cards 12

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. million in 2015. Why the ATM is key to omnichannel. That figure is expected to increase to four million by 2021. A driver of change.

ATM 85

ATM Mobile Strategy Fraud 85

NCR

MARCH 29, 2017

When it comes to planning strategy and investment across retail banking channels, financial institutions (FIs) should acknowledge that, for younger consumers and millennials in particular, cash still has an extremely important part to play. Wide-range appeal. It could also be that they simply value the convenience of cash.

Security 40

Security San Francisco ATM Payments 40

PYMNTS

JUNE 25, 2018

I’ve been writing about the impact Amazon would have on the consumer’s grocery shopping journey and disruption to the grocery segment since Amazon introduced Dash buttons in March of 2015. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

APRIL 22, 2016

Acorns itself acts as a robo-advisory company that works with other online firms that manage clients’ money. Particularly favored as a potential marriage that makes sense is a pairing of Acorns with Venmo, since they share a target audience of millennials with a mobile-friendly outlook. percent for anything larger. percent of the time.

San Jose 100

San Jose Mobile Retail Survey 100

PYMNTS

JULY 13, 2016

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible.

California 100

California St. Louis Retail Branding 100