PYMNTS

DECEMBER 11, 2020

Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. Nearly 90 percent of millennials have credit cards, yet still seek new ways to finance their online purchases.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

FEBRUARY 14, 2020

Mastercard Gets Nod To Join China’s $27T Payments Market. 11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The wholesale bank will be divided into a separate investment bank that has a capital markets focus and a commercial bank providing back-end services for companies.

Retail 141

Retail Cards Millennials Fraud 141

Abrigo

JANUARY 13, 2020

In a recent whitepaper , Abrigo outlined several tips for refreshing cross-selling practices and leveraging technology to address customer needs through marketing to existing customers or members. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Book profitable loans more quickly.

Lending 150

Lending Study Survey Community 150

PYMNTS

SEPTEMBER 17, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

MARCH 10, 2020

What instant lending innovation have shoppers fallen in love with? 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. Here’s a hint: We’ll tell you now … and you can thank us later.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

OCTOBER 1, 2020

For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. percent in 2019 and 9.5 However, only 51 percent of receivers said they were offered a payment choice for insurance- and lending-related payouts. percent as of 2018.

Trends 306

Trends Study Taxes Payments 306

PYMNTS

MARCH 24, 2020

Chinese smartphone manufacturer OnePlus said it would debut its mobile payment system this year when its OnePlus 7T series of mobile phones rolled out in September 2019. In large markets such as China, the United States and India, mobile payment is very popular.

Mobile 108

Mobile Payments United States Cards 108

Abrigo

OCTOBER 21, 2019

Today, 73% of all consumer interactions with financial institutions are done digitally , according to the 2019 FIS Performance Against Customer Expectations (PACE) report. I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay. Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

OCTOBER 8, 2019

Taking the pulse of where we stand coming into the last few months of 2019, deal activity has seemingly been concentrated within the alternative finance and investment arenas. Groww focuses on investment products and services marketed to millennials. Of that, logistics holds sway, at just over 29.5 percent, eCommerce at 23.8

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

DECEMBER 27, 2019

The PYMNTS December 2019 Credit Union Tracker looks at the changing topography of the CU space, as digital transformation challenges the “all for one, one for all” mentality that has undergirded their business model since the 1800s. percent in Q3 2019, which is a concern for the entire sector. Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

JANUARY 14, 2020

Making the most of those relationships served as the foundation of a new PYMNTS interview with Matthew Carpenter, senior vice president, market director for Elan. Broadly speaking, it seems the follow-up act to the millennial generation – that is, Gen Z – is much more positively inclined toward using credit products of all stripes.

Innovation 160

Innovation Payments Millennials Cards 160

PYMNTS

MAY 23, 2019

As of 2019, three quarters of customer interactions with credit unions are digital — the remaining 25 percent is split between branch visits, ATM stops and call center calls. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

SEPTEMBER 20, 2019

In the payments ecosystem, we need look no further than the bridge millennial to see how the connected purchasing experience will evolve over the next decade. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study. Payday Lending Laws Drive Traffic to Pawn Shops.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

OCTOBER 8, 2019

Three months away from the end of 2019 and the dawn of the 2020s, the state of the credit union is stable, due to a healthy foundation that is already in place, according to Charles E. The Millennial Challenge. Chuck) Fagan, CEO of PSCU. There’s a younger generation in the U.S.

United States 102

United States Millennials Course Lending 102

PYMNTS

MAY 15, 2017

Given the market’s reaction to the Echo Show during the holiday season, it’s possible we’ll see the Echo Show sell out quickly as well. New entrants with a market presence and seamless interconnectivity will certainly have an advantage as the voice-activated device market becomes more crowded. The remaining 5.6

Google 108

Google Millennials Samsung Video 108

FICO

AUGUST 19, 2022

Thu, 12/19/2019 - 16:29. According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. Here are five specific competitive threats – areas where FinTech companies are gaining traction in the banking market – and what banks should be doing to counter them.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

FEBRUARY 14, 2018

It’s no secret: Millennials are saddled with student loan debt, and they’re facing more expensive rent. We’re focused on giving people the products they need to go have the experiences that they want,” Cameron Hendrick, head of Marketing at Joymode, told PYMNTS. But they also love experiences.

Los Angeles 109

Los Angeles Millennials Branding Company 109

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

APRIL 4, 2019

The trend, according to the report, is visible in most major debt categories — particularly home and credit card lending. That separates millennials from both baby boomers and Gen Xers today — and makes them different from how their Gen X counterparts behaved at the same age in the late 1990s and early 2000s. They make up 10.7

US 116

US New York Trends United States 116

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.

Millennials 77

Millennials Mobile Lending Cards 77

Gonzobanker

MARCH 6, 2018

Big banks have been in the driver’s seat on growing their market share in retail, while paring down branch networks. Meanwhile, Wells plans to close 450 branches by 2019, BofA has closed 1,600 branches since 2009, and Chase closed 365 since 2015. Digital: The New Must-Have. Aligned and Future-Ready. The Transformation of Delivery.

Strategy 89

Strategy Marketing Mobile Trends 89

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. of the market, respectively. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending.

Fintech 51

Fintech social media Analysis Marketing 51

Insights on Business

JANUARY 31, 2019

On a recent visit to my local coffee shop, I realized how uphill a task this can be with millennials and Generation Z patrons who are joining the ranks of coffee aficionados. With immediate payments and new business models going mainstream, the payment fraud defenses will be stretched.

Payments 107

Payments Fraud San Francisco social media 107

CB Insights

OCTOBER 24, 2018

The POS startup market is growing, as consumers seek more transparent credit options and merchants look for new ways to boost sales. get the entire 47-page lending report. See how startups and big tech are reinventing traditional lending. Download our deep dive into the disruption of lending. valuation (10/8).

Millennials 65

Millennials Lending Cards Capital 65

Fintech Labs Insights

OCTOBER 13, 2020

Description: Alternative credit scoring and lending in emerging markets. Founded: 2019. Target customers: Millennials. Metrics: – LOIs with 3 major non-profits – $80M of aid payments already committed – Another $87M in pipeline – 1% global market share BEFORE full launch. HQ: Belmont, CA. Founded: Nov. investments.

San Francisco 15

San Francisco CA Fintech Oakland 15

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. By 2050, Indonesia is projected to have the third largest middle class among emerging markets. Two that are already seeing lots of activity are payments and lending.

Policies 61

Policies Lending Operations Examples 61

FICO

JUNE 22, 2022

Tue, 07/02/2019 - 02:45. Success hinges on agility, adaptation and the ability to meet their demands at the speed of the market – or faster. Legacy banks now face being left behind as many customers switch to leaner new-to-market fin-techs and are clearly willing to adapt to new ways of transacting. expand_less Back To Top.

Trends 52

Trends Data Customer Experience Analytics 52

William Mills

FEBRUARY 4, 2016

William Mills Agency, a premier financial public relations and marketing services company, released its 13th annual financial services industry research report, Bankers As Buyers 2016. No-cost report chronicles emerging technologies and insights driving financial institution technology plans.

Report 40

Report Big Data Analytics Strategy 40

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. percent) of online gaming subscribers fall into the Gen Z demographic, followed by millennials (39.0 Millennials spend $7.3

Retail 105

Retail Millennials Online Survey 105

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. percent) of online gaming subscribers fall into the Gen Z demographic, followed by millennials (39.0 Millennials spend $7.3

Retail 100

Retail Millennials Online Survey 100

CB Insights

NOVEMBER 6, 2018

GAFA’s search data, smart home devices, advertising and marketing capabilities, and more offer compelling use cases for the beauty industry. Simultaneously, the beauty industry is looking towards tech to provide an edge in an increasingly crowded market. Google intends to dominate the smart home market. Patents & News.

Google 72

Google Apple Industry Branding 72

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. GonzoBanker of the Year – Mid-Size Banks.

Fintech 105

Fintech Conference Innovation Community 105

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

PYMNTS

SEPTEMBER 18, 2018

Gig workers have gone from a sliver of the economy to a bonafide force, powered by platforms like Uber , Lyft and Fiverr , not to mention a generation of millennials who had the misfortune of entering the workforce during the Great Recession and resultant unemployment wave. The problem, lenders note, is one of overcorrection in the market.

Taxes 167

Taxes System Washington Regulation 167