2019 Cards Innovation Millennials 
PYMNTS
MAY 2, 2019
In a sign of the times, American Express is increasing the rewards on its Blue Cash Preferred Card, announcing 6 percent cash back on U.S. The company said the changes will go into effect on May 9, 2019. American Express said the Blue Cash Preferred Card will still offer 6 percent cash back in U.S. streaming subscriptions.
PYMNTS
JULY 15, 2020
Avid Modjtabai, Wells Fargo’s head of Payments, Virtual Solutions and Innovation, said at the time that “whether you are new to banking, don’t have regular paychecks or typically manage money with cash, we believe the Greenhouse experience can help you manage day-to-day spending while planning for the future.”. For instance, J.P.
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PYMNTS
DECEMBER 31, 2020
Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. percent of millennials believe it is “very” important to receive payments in real time. percent of consumers who did so in 2019 — an increase of 27.4
PYMNTS
JANUARY 10, 2020
They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.
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.
PYMNTS
JANUARY 14, 2020
For its part, Venmo now has an option to transfer money to the bank without a debit card for the same fee. And there is a credit card angle, too, which will apply to dealing with Gen Z users of P2P going forward. Most of these P2P players still allow consumers to use credit cards to fund these transfers,” he said.
PYMNTS
DECEMBER 28, 2018
That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.
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