PYMNTS

DECEMBER 14, 2016

In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016. Socure said the funds will enable the company to more quickly innovate its digital identity verification platform.

Fraud 100

Fraud Compliance Capital Leadership 100

PYMNTS

DECEMBER 22, 2016

PYMNTS.com spoke with Britt in June about how digital banking is appealing to millennial customers. As 2016 wraps up, PYMNTS reconnected with Britt to reflect on the year in banking and look ahead to what 2017 could have in store. The millennial advantage. Doing what the big banks won’t?

Millennials 100

Millennials Digital Banking Mobile Industry 100

PYMNTS

AUGUST 1, 2019

In that sense it might be hard to pick them out as innovative as first glance. I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. s first microtel in 2016 — Hotel Hive. In many locations outside the U.S.

Washington 109

Washington New York Millennials United States 109

PYMNTS

JANUARY 18, 2019

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. As the millennial population grows, the implementation of smart city technology will accelerate. Paving Smart City Pathways With Digital IDs.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

JULY 29, 2016

A report presented at the 2016 Annual Meat Conference found that while just 3 percent of consumers had purchase meat products from a dollar store in 2015, that figure spiked to 7 percent for 2016. First: The normally fickle American shopper has shown a greater proclivity for cheap meat over the expensive stuff.

Millennials 100

Millennials Retail Conference Community 100

PYMNTS

OCTOBER 16, 2019

From an operational and risk perspective, we’ve handled the inflows smoothly and without compromising our credit underwriting standards.”. Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress. Wells Fargo managed to slightly beat revenue predictions when it announced its earnings on Tuesday (Oct.

Apple 108

Apple Cards San Francisco Payments 108

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. 01:20 pm William Mills, CEO of William Mills Agency, and Stephen Ramirez, CEO of Beyond the Arc, discuss highlights from FinovateSpring 2016 Day 1. Millennials want their mortgages fast, rocket fast.” Maria Gurina (Bus. Nathan Stevenson (CEO).

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Diana Chin (HR & Operations). Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Virtual reality? That’s new.

Video 40

Video Mobile social media Analytics 40

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”. Total value of goods sold through the site was up 55 percent in 2017, over 2016, to $910 million.

Online 101

Online Retail Branding Data 101

PYMNTS

APRIL 25, 2019

In 2016, eGaming was a $493 million industry, and in 2017 (the last year for which data was available), that had jumped to $655 million. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. Most estimates for 2018 are around $900 million.

Retail 166

Retail America Video Millennials 166

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

MARCH 28, 2017

The current incarnation is the overly fussy millennial mom who has custom-color-change bath beads to test the baby’s water — or the urban lumberjack dad with smart-fabric kids’ clothes that allow him to monitor his toddler’s core temperature while they take their daily walk in the park together. What’s next for 4Moms remains to be seen.

Innovation 100

Innovation Millennials Technology US 100

PYMNTS

SEPTEMBER 25, 2017

Last week, along with its launch of the new operating system iOS 11 , Apple rolled out a whole new design for the iOS App Store. smartphone owners now download a grand total of zero apps per month, and most new app downloads are (unsurprisingly) concentrated in the millennial demographic. In 2016, that percentage dropped to 0.05

Google 169

Google Apple Software blockchain 169

PYMNTS

JUNE 11, 2019

The increase in the number of customers using apps to order foods and drinks between 2016 and 2018 was 150 percent. The portion of millennial parents who would rather not eat at all than wait in long QSR lines is 48 percent. It will be fun, colorful, flavorful and filled with more than what our fans might expect.”.

Google 110

Google Mobile Technology Retail 110

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. Unattended retail technology for restaurants is designed to do just that, by simplifying restaurant operations and allowing businesses to cut labor costs by automating the ordering process. About The Tracker.

social media 100

social media Survey Retail Technology 100

PYMNTS

JUNE 21, 2016

These programs — which include apps like GrubHub, Foodler, Favor, Seamless and DoorDash – operate independently of merchants, acting as middlemen between in-home consumers and various eateries. Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services.

Resources 102

Resources Operations Technology Boston 102

Celent Banking

JANUARY 24, 2017

Millennials this…”, “Small businesses that…”, Community banks are…”. the figure below displays results a very question posed in a December 2016 Celent survey of North American financial institutions. “Compared to your current branch count, how many branches do you expect your institution will operate five years from now?”

Community Bank 100

Community Bank Community Survey Mobile 100

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. In fact, according to our recent study, they come in dead last.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

SEPTEMBER 27, 2016

Frank Bruni, vice president of supply chain operations at Kroger, for example, said: “Every project we look at, we look at automation as a potential part of it.”. In 2016, 5 percent of U.S. But retailers like the idea of controlling the three major costs of conventional human-staffed distribution centers — labor, time and real estate.

Mobile 100

Mobile Payments Los Angeles California 100

NCR

OCTOBER 5, 2016

Combining self-service convenience, with the ability to control ATM business rules at the touch of a tablet, enables FI’s to operate cost effective, boutique relationship driven branches, easily distributed to take advantage of the customer’s preferred locations. Digital is not dead, neither is branch.

Customer Experience 100

Customer Experience ATM Strategy Millennials 100

PYMNTS

AUGUST 24, 2016

We made significant progress in 2015, transforming our product operating model, enabling us to be more responsive to trends and market conditions and consistently deliver on-brand product collections. ’s corporate fortunes remains on the horizon. “We

Trends 100

Trends Branding Millennials Conference 100

NCR

JANUARY 25, 2017

During 2016 we heard financial executives acknowledging that face-to-face contact, reliable knowledge and personal service remain extremely important across a wide demographic spread of customers, both for complex and simple product purchases. Digital is alive and kicking, but branch isn’t dead.

Customer Experience 40

Customer Experience ATM Technology Millennials 40

PYMNTS

DECEMBER 24, 2020

Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016. Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. All told, it’s risen 363.6 percent from the IPO price to reach $134.45

US 230

US Company Report Payments 230

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. This analysis focuses on where insurance innovation in the market is happening today and where it is headed next. in premiums in 2016. in loans in 2018 vs. $182M in 2017.

Policies 61

Policies Lending Operations Examples 61

NCR

JANUARY 25, 2017

During 2016 we heard financial executives acknowledging that face-to-face contact, reliable knowledge and personal service remain extremely important across a wide demographic spread of customers, both for complex and simple product purchases. Digital is alive and kicking, but branch isn’t dead.

ATM 40

ATM Customer Experience Millennials Technology 40

PYMNTS

APRIL 11, 2016

I was reminded of this phenomenon recently after scanning a bunch of stories that described a variety of “disruptive” innovations in payments. In 1985, Microsoft released its first (not so popular) version of Windows — an operating system that enabled applications to deliver functionality on a variety of personal computers.

San Francisco 100

San Francisco Operations Examples Branding 100

Lex Sokolin

JULY 19, 2019

Facing pricing pressure and headwinds in several of its businesses, Deutsche is responding with a plan to fire 18,000 employees by 2022 and an announced investment of €13 Billion in technology and innovation by 2022. Many people in Fintech derisively refer to big bank incumbent activity around the start-up space as “Innovation Theater”?—?something

Training 40

Training Innovation Technology Software 40

PYMNTS

JANUARY 16, 2020

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk.

Millennials 142

Millennials Meeting Innovation Mobile 142

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. Big ideas often start by solving a seemingly small problem. And industry pundits fell in love. And puts strong numbers to the bottom line.

Apple 110

Apple Capital Cards Payments 110

PYMNTS

JULY 28, 2016

Despite Buick’s continued commitment to innovation, the brand’s retro image remained a somewhat stifling force until 2014. One spot, for example, shows a grandmother getting picked up by her millennial grandson in his new car. Becoming the “new” Buick. The ads took a “hidden in plain sight” approach to showcasing Buick’s modernity.

Branding 100

Branding System Technology Millennials 100

PYMNTS

JANUARY 21, 2020

We will continue to actively support and will increase our rate of innovation on each of our six core expense solutions which are uniquely tailored for specific industries, company sizes and geographies.”. But millennials are hardly the only force for change in the broader travel industry. That’s not all. Other Areas of Change.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Fraud 110

Fraud US Data Payments 110

PYMNTS

JULY 11, 2016

Thirteen years later, in 2016, American consumers now spend 46 minutes a day shopping, with women dedicating about 35 percent more of their day to retail pursuits than their male counterparts. All you millennials out there, ask your parents what they used to do as teenagers on Saturday afternoons. Should they focus on apps?

Google 100

Google Mobile Apple Online 100

Bank Innovation

APRIL 17, 2017

And, according to the 2016 edition of PwC’s Employee Financial Wellness Survey , financial stress is on the rise, with Millennial’s typically in worse shape with regards to their personal finances than previous generations.

Fintech 268

Fintech Innovation Survey US 268

Fintech Labs Insights

DECEMBER 15, 2016

” The company says it will use the funding to fuel innovation on its platform and scale operations – including Socure’s 300% growth in 2016. ” Socure provides a suite of RESTful APIs delivering over a secure, scalable cloud-based system that operates in real-time.

Capital 12

Capital New York Compliance Millennials 12

CB Insights

JULY 11, 2019

Technological innovation across the financial services space is growing. Latest to launch: Dave was founded in October 2016, and its first reported capital raise was a $3M seed round in April 2017, making it one of the youngest companies in this cohort to cross 1M+ customers. As a result, consumer adoption is at an all-time high.

Fintech 64

Fintech cryptocurrency Examples Cards 64

PYMNTS

JANUARY 31, 2020

It’s an industry that has — and continues to — shift quickly from its brick-and-mortar roots to an often innovative eCommerce experience. Other eyeglass operations are following a roughly similar path, though sometimes wellness gives way to younger consumers’ demand that retail becomes much more sustainable.

Retail 116

Retail Branding Trends Operations 116