NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

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Millennials social media User Experience Branding 45

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.

Security 100

Security CA Payments Big Data 100

Banking 2020

JANUARY 15, 2015

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. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

OCTOBER 1, 2019

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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Fraud Millennials Regulation Trends 156

PYMNTS

JANUARY 20, 2020

The big idea was that millennial consumers were looking for payment flexibility without getting tied into revolving credit agreements — a change Afterpay saw coming when it was founded, though it was not quite evident to the entire market yet. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said.

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US Millennials Retail Payments 157

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.”.

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Millennials Fraud social media Survey 40

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . Users can grant secure online access to family and friends. .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

NOVEMBER 28, 2016

For many consumers, it looks as though the convenience of online shopping can offset the security risks that may come with of online shopping. TransUnion’s survey also highlighted another interesting trend when it comes to holiday hacks: Millennials remain a prime target for hackers. Cyberthreats Keep Rolling In.

Millennials 100

Millennials Security Online Survey 100

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

MAY 23, 2019

Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. You can be compliant, and check all the boxes on security and conforming with regulations, and still get someone started in digital banking in less than a minute,” he said.

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Online Millennials Digital Banking Maine 123

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. The post How the youngest consumers could secure the future of cash appeared first on Banking.com.

Security 40

Security San Francisco ATM Payments 40

PYMNTS

JULY 4, 2016

The company just reached a deal with its biggest lenders to secure a grace period of at least four years without payments on its more than $5 billion worth of debt. 75% of millennial small business owners in the U.S. months, according to data from May. and other western governments that prevent banks from lending.

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Puerto Rico Millennials National Lending 100

PYMNTS

AUGUST 9, 2017

Excluding UniRush, organic revenues were up 12 percent year over year — the first time that metric had been up double digits since the second quarter of 2015. Streit also said the company has entered an agreement to acquire a small tuck in secured credit card portfolio. . Top line was $222.5 million versus the Street at $208.6

Cards 100

Cards Apple Taxes Millennials 100

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. BPCE says that this process will abide by the credit card industry''s data security standards. Question what it is that is helping your bank or credit union stand out from the crowd.

social media 150

social media Apple United States Innovation 150

PYMNTS

NOVEMBER 30, 2017

To gauge the factors powering cash’s growth, PYMNTS recently caught up with BoE’s director of bank notes and chief cashier, Victoria Cleland, who oversees the production, distribution and security features of banknotes. Alternate payments methods might be gaining popularity among millennials in the U.K., Where cash is headed.

ATM 165

ATM Payments Analysis Cards 165

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. “Idk about you, but I hope my financial data is more secure than my World of Warcraft profile.”

UX 12

UX Fintech Innovation Community 12

PYMNTS

JULY 14, 2017

Federal Reserve has shown that people between the ages of 65 to 74 have seen a 25 percent increase in their net income, whereas millennials have seen an 18 percent decrease. Since 2001, the U.S. What’s more is that the U.S.

Retail 109

Retail Survey Online Millennials 109

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.

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Millennials Mobile Lending Cards 77

PYMNTS

NOVEMBER 29, 2016

It lets FIs roll out products that are scalable, flexible and configurable yet offer bank-grade reliability and security — without replacing their existing processing technology. According to a 2015 U.S. They need to be relevant to millennials, who spend an average of 14.5 The Agile Processing model makes that a possibility.

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Report Millennials America Study 100

CB Insights

APRIL 22, 2019

Consider the recently updated figures from the Government Accountability Office’s 2015 report on retirement security in America, which highlight that 29% of households aged 55 and older have no retirement savings and no pension. Source: Bloomberg.

Millennials 70

Millennials Resources America Tools 70

Fintech Labs Insights

SEPTEMBER 17, 2015

This post is part of our live coverage of FinovateFall 2015. It’s designed for the Millennial generation to secure its financial future by encouraging savings and paying down debt in a social, mobile, fun interaction. Product Launch: September 2015. Presenting Jeremy Pink (CEO). Metrics: $10M raised (2014).

Millennials 12

Millennials New York Strategy Fintech 12

PYMNTS

AUGUST 11, 2016

The biggest growth from the industry is coming from millennials who already have a bank account and checking account. According to Pew’s data from 2015, the use of general purpose reloadable (GPR) prepaid cards was up 50 percent, with at least 10 percent of the population using a GPR once a month at minimum.

Cards 100

Cards Millennials Industry Tools 100

PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020. Additional setups or third-party apps are not needed. Just under 40 percent – or 39.1

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

MARCH 6, 2019

Seventy-three percent of female founders reported “great difficulty” in securing enough capital to get their businesses off the ground. Last summer, Visa announced a focus on millennial women and their spending as part of its “ Money is Changing ” project. Why Women Entrepreneurs Are Where Visa Everywhere Wants To Be.

Regional 179

Regional Capital Study Leadership 179

Fintech Labs Insights

DECEMBER 8, 2015

What happens when a millennial microlending app teams up with the white-label API of a digital payment network? “Our goal is to provide a seamless and highly secure platform for our users’ transactions,” Lenny founder and CEO, Joe Bayen, said. demonstrating FiSync at FinovateSpring 2015. .

Millennials 12

Millennials Iowa Payments Resources 12

PYMNTS

AUGUST 26, 2016

has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. This time, a number of Australian retailers and payments associations are supporting three Australian banks that want Apple to give third-party access to its secure NFC module for Apple Pay.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

OCTOBER 6, 2017

Millennials represent what the executive termed a “P2P native” segment, with 67 percent of individuals using cash for payments (P2P) versus 62 percent for all age groups. Get ready for that green security blanket to feel a bit, well, more secure in a post-Equifax data breach age.

United States 119

United States Study Cards FDIC 119

PYMNTS

SEPTEMBER 25, 2017

smartphone owners now download a grand total of zero apps per month, and most new app downloads are (unsurprisingly) concentrated in the millennial demographic. Users who downloaded apps exclusively from the Play Store in 2015 were subjected to a 0.15 More than half of U.S. What about all that malicious software?

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Google Apple Software blockchain 169

PYMNTS

AUGUST 26, 2019

Instagram has been particularly crucial to building its loyal following among millennial and Gen Z shoppers, with a follower count of 450,000 and growing. The brand’s “big break” moment occurred after they had been in business for about four years, when in 2015 it secured a spot on the shelves at Sephora.

social media 109

social media Branding Capital Millennials 109

ZootBlog

MAY 6, 2016

Biometrics in financial services will require instituting a behavioral shift, and addressing consumer concerns regarding privacy and security. As a result, companies need to ensure that authentication methods remain secure, private and frictionless in order to effectively mitigate potential risks for users.

Security 60

Security User Experience Millennials Maine 60

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JANUARY 25, 2018

trillion in cash in 2015, a higher rate than that of Western European nations. Other uses include social benefits disbursement, such as Social Security payments. Millennials love getting text messages saying your money’s there and [they] just need to go to the nearest ATM,” he said. commerce today. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

MAY 11, 2018

Launched on Fliggy in 2015, and prior to the Marriott’s new global push of the service, PPP was available at some 100,000 hotels across mainland China. Fliggy Moves To Secure Loyalty. Marriott began working with Fliggy in August 2017.

Retail 129

Retail Payments social media Mobile 129

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. March: Wins the Anti-Fraud/Security category at the FinTech Innovation Awards. FinovateSpring 2015. FinovateFall 2015.

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.

ATM 85

ATM Mobile Strategy Fraud 85

PYMNTS

OCTOBER 20, 2016

That figure is down by 7 percent since 2015. Although millennials and mass affluents are obvious early adopters, the survey found that all consumers are open to digital payments. One-in-five consumers are considering using wearables or smart devices to pay, which has increased by 2 and 3 percent, respectively, from 2015.

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Apple Mobile America Payments 100