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Millenials Lose More Money To Scams Than Seniors

PYMNTS

Millennials are apparently reporting losing money to fraud more often than seniors. But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. And tax fraud was the second most common type of identity theft reported by consumers.

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5 Reasons to expand small business lending

Abrigo

This trend of focusing on commercial lending for portfolio growth seems to be gaining, as reflected in a 2016 poll by Sageworks where 42 percent of respondents said they would be focused on CRE lending for portfolio growth in 2017, while 39 percent said C&I would be the core of their growth strategy. Small businesses are seeking credit.

Lending 150
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Reflections on 2016 in financial services

NCR

From the gradual adjustment to EMV chip card technology in the US to the ongoing growth of fintechs and challenger banks, 2016 has been a big year for the financial services sector. For many card issuers and merchants, 2016 has been a year of transition. Getting onboard with EMV. Unpredictability in payments.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

Security and Marketing. Millennials are likely to lead the adoption of digital identity tools and expect government services to deliver services digitally as well,” the report said. launched a test in 2016 to secure digital drivers’ licenses, and Wyoming joined the program the following year.”. Smart Cities Rise.

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The Old Guard Vs. The New Wave In Retail

PYMNTS

Large retailers, like Sears and Kmart, are held to a separate set of standards than their eCommerce counterparts when it comes to collecting sales tax and paying above minimum wage to their large pool of in-store employees. percent in 2016 as consumers shift their spending away from the mall and towards experiences.

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Key trends in digital payments for 2016

Tomorrow's Transactions

I gave a talk about key trends in digital payments for 2016 and since I got some very nice feedback on it, I thought I would put a few of the key points on Tomorrow’s Transactions. The millennials are happy with Venmo and so on. I don’t normally show behind the curtain, but here’s the mind map I drew for the talk.

Trends 39
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Finovate Fall 2016 Live Blog – Day 1

William Mills

William Mills Agency will be live blogging at Finovate Fall 2016. 09:47 am Finovate Fall 2016 Day 1 Recap. End of Day 1, check back later today for our video recap of Finovate Fall 2016! Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. William Mills and K.T.

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