Remove 2015 Remove Innovation Remove Millennials Remove Security
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BJ’s On The Block, Amex’s Millennial Problem And Another Big Breach

PYMNTS

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

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How Payments Security Drives Digital Transformation

PYMNTS

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. Then, there was sudden exponential growth in innovation.

Security 100
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Chase On Using Machine Learning To Crack Fraud’s Goldilocks Conundrum

PYMNTS

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. The report did have some good news for millennials, however: this demographic loses an average of $3,280 per scam, much less than any other age group.

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How 2015 is Different for Retail Banks

Banking 2020

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
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Credit Unions’ Digital Future: More Like YouTube, Less Like Online Banking

PYMNTS

According to the Credit Union Innovation Playbook , a PYMNTS and PSCU collaboration, trust is the driving factor in that choice. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average.

Online 123
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Tweet to pay: Is this the future of banks maintaining a competitive edge?

Abrigo

This is certainly an interesting innovation, but many bankers may be asking themselves if it’s a practical one. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. Share of U.S.

Apple 227