PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S. rose from 3.1

Cards 130

Cards ATM United States Payments 130

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. As Neale pointed out, this particularly applied to international firms, which may be well-known in their home market but would like to expand globally. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

JUNE 7, 2019

That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Yet the growth of the legal cannabis retail industry demonstrates that many consumers will, or might soon, shift their intoxication methods. Take luxury retail , for instance. consumers are drinking less beer.

Retail 124

Retail Industry New York Millennials 124

PYMNTS

OCTOBER 1, 2019

The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 percent in 2018.

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 Credit cards, however, show the greatest strength. card accounts.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

OCTOBER 2, 2019

And in retail, pizza’s popularity constitutes a driving force for ongoing innovation in the sector, while EMV’s delay has been the convenience store’s gain. 3,248: Average amount millennial consumers lost per bank scam this past year. 31.3B: Estimated value of global card losses due to fraud in 2018.

Mobile 108

Mobile Millennials Fraud Data 108

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 Credit cards, however, show the greatest strength. card accounts.

Millennials 101

Millennials Cards Lending Data 101

PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. Around The Buy Now, Pay Later World. To learn more, visit the Tracker’s News & Trends section.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

OCTOBER 16, 2020

However, the number of consumers who carry greenbacks now is 11 percent lower than 2018. For example, 33 percent of retail shoppers favor contactless card technologies for their in-store purchases. For example, 33 percent of retail shoppers favor contactless card technologies for their in-store purchases.

Payments 166

Payments Study Survey Cards 166

PYMNTS

JANUARY 1, 2021

For the purposes of this exercise, we’re going to describe the “typical” grocery shopper – a bridge millennial, a 36-year-old mom of 1.93 Our shopper will use her card-on-file with her supermarket. This compares to 39 percent who wanted to register credit cards and 44 percent who wanted to register debit cards last year.

Study 362

Study Survey Exercises Cards 362

PYMNTS

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . Affirm says that 67 percent of consumers are looking to avoid credit cards this holiday season. .

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

MAY 22, 2019

Once upon a time, it was predicted that the rise of smartphones would spell the end of traditional retail, but that hasn’t really happened. And roughly one-third use their devices to “showroom” — one of retailers’ biggest fears a few years ago — to compare prices at competitors. Most use stored credit cards (38.9 percent and 63.2

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

FICO

DECEMBER 19, 2017

Just as the Wild Card Round is followed by the Divisional Round in the NFL playoffs , fraud and payments predictions are always followed by New Year’s resolutions. His wallet was a few cards lighter as a result. She uses SamsungPay to hold all of her debit and credit cards, and is pretty happy with that. My Predictions for 2018.

Fraud 55

Fraud Payments Cards social media 55

PYMNTS

SEPTEMBER 3, 2018

Here at PYMNTS our resident expert in thinking outside of the lines as laid out by conventional wisdom is Karen Webster — and summer 2018 has been a particularly good time for drawing long and unexpected lines way outside the box, and into a rapidly changing future. Retailers are where these consumers go to find these new products.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

MARCH 10, 2020

Between 2018 and 2019, there was a 162 percent increase in buy now, pay later (BNPL) downloads – rising to roughly six million – of the most popular new “layaway” apps by the close of last year. Consumers love the delayed payment options and so do retailers, but the BNPL players themselves are loving their business model, too.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

DECEMBER 9, 2019

Holiday spending has changed over the past decade as digital payments began to filter into the retail world. Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. Retail is all about conversion. Such connections could include buy now pay later (BNPL) solutions.

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

DECEMBER 22, 2018

Going into the 2018 holiday shopping season, there were worries about a shortage of live Christmas trees — as is the case with all agriculture, farmers who grow trees are under often relentless pressure to sell their land for development — but that does not seem to have materialized. Christmas Tree Landscape. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

JUNE 6, 2019

The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. This makes enabling credit card payments critical and helps cater to those who would opt for pricier tattoos if not limited to funds on hand. “[If Even though her lollipops sell for just $2, she said credit card acceptance was critical.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

MAY 28, 2019

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

FEBRUARY 11, 2020

The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. Customers participate through a customer intake program in the Nordstrom New York City store in exchange for Nordstrom gift cards that can be spent at its signature brands as well as its owned brands HauteLook and Trunk Club.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet.

Report 228

Report Payments Millennials Cards 228

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store.

Online 197

Online Retail Mobile Branding 197

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. When PYMNTS and Visa spoke to 2,800 consumers for the 2018 edition of the How We Will Pay study, working consumers were among the groups keenest to be paid faster.

Payments 198

Payments Industry Millennials Groups 198

PYMNTS

FEBRUARY 18, 2019

This week, I’m compelled to offer a few thoughts that go against the grain on several topics that made the news last week: Amazon’s NY HQ2 , card interchange fees and Facebook ad revenue. So, Amazon hasn’t just benefited its customers: It has forced retailers to lower prices and increase their levels of service.

Cards 169

Cards Course Study New York 169

PYMNTS

OCTOBER 21, 2020

To expand gently used gear to more members across the country, REI launched its online reCommerce business in 2018, supplementing its members-only Garage Sale events in its stores. Beginning this month, REI members can trade in their own used gear through the co-op's online, member-only trade-in program to receive REI gift card credit.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

FEBRUARY 20, 2018

Revolving outstanding credit, made up primarily of credit cards, increased at a 13.3 Despite the decline in confidence, consumers’ expectations remain at historically strong levels, suggesting economic growth will continue well into 2018,” she said. Credit Card Troubles. percent in 2018 — up from the 4.32

Lending 105

Lending Cards America New York 105

PYMNTS

JUNE 7, 2019

Spencer McLain, vice president, EMEA at Whitepages Pro, told PYMNTS that these merchants will start seeing declines on European-based transactions if they are not exempt by falling under certain thresholds, or if they do not apply 3D-Secure authentication methods to verify card-not-present transactions.

Fintech 101

Fintech Study Online Retail 101

PYMNTS

AUGUST 23, 2019

Thomas, who joined Groupon in 2017 as vice president of commercial finance, has served as chief accounting officer and treasurer since November 2018. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. billion, but its current market value is $1.42

Chicago 145

Chicago Millennials Tools Study 145

PYMNTS

JULY 25, 2019

Consumers may still champion cash as their preferred method of payment, but its use declined 3 percent as measured between 2015 and 2018. Other options, such as credit cards and payment apps like Venmo , are increasingly gaining traction. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

NOVEMBER 4, 2019

It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. The cash back will be deposited straight into users’ Venmo accounts, from where it can be used to pay friends in the app, buy things using the card or pay merchants that accept Venmo.

Groups 101

Groups Payments Mobile Dallas 101