Perficient

APRIL 14, 2022

The connection between technology and consumers in the insurance industry has never been more relevant. Although the insurance industry was already facing rising competition and customer expectations, the global pandemic forced our industry to take legacy processes and technologies, and transition to “digital” seemingly overnight. .

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

JUNE 12, 2019

In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect , which is built on elements of distributed ledger technology and the open-source Hyperledger Fabric framework. And, in retail, firms from automakers to merchants are tapping into connected commerce technology. All this, Today In Data.

Security 148

Security Millennials Data Retail 148

FICO

DECEMBER 20, 2018

I’ll leave the speculation on the headline-grabbing technologies — your blockchains and your dancing robots — to others. For my predictions, I’ll focus on four areas of tactical concern within consumer banking that I feel confident bank executives will make significant progress addressing 2019. small-dollar lending market.

Trends 73

Trends Lending Fraud Exercises 73

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. million in the same 2019 period. “We

Marketing 198

Marketing Company Online Management 198

PYMNTS

JUNE 18, 2020

In the latest of a string of outages as of the beginning of March, Robinhood Markets Inc. The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We At the conclusion of 2019, Robinhood said it had 10 million users. The app was up in under an hour.

social media 174

social media Millennials Marketing Financial Technology 174

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 million Gen Zers in the market who are eligible to carry credit cards.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

DECEMBER 18, 2020

Pairing technology with the inherent human desire to socialize, our marketplace creates passion and personal connections among users.”. million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. million from $50 million in the same 2019 period. orders on average on our platform in 2019.”.

social media 232

social media Online Millennials Training 232

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 million Gen Zers in the market who are eligible to carry credit cards.

Millennials 101

Millennials Cards Lending Data 101

PYMNTS

JANUARY 26, 2021

Market watchers have already begun listing additional features they want to see by the end of the year, according to reports. And voice assistants are showing up to assist with a growing number of those home purchases — 42 percent more often than they did in 2018 and 10 percent more than they did in 2019.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

OCTOBER 23, 2020

million homes on the market. In terms of turnaround, properties were on the market for only 21 days. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. This implies that first-time buyers are being priced out of the market.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. According to The Financial Times, in China funding for FinTech startups declined 89 percent to $192 million during the first quarter of 2019.

Fintech 176

Fintech Millennials Regional Financial Technology 176

PYMNTS

SEPTEMBER 9, 2019

Syte, a Tel Aviv startup that is building technology to help retailers and digital platforms sell merchandise through visual search, has raised $21.5 The company did not release its valuation but did say it’s projecting a 300 percent increase in revenue growth in 2019. . This brings the company’s total amount raised to $32 million. .

Millennials 108

Millennials Retail Technology Company 108

PYMNTS

JANUARY 13, 2021

Pairing technology with the inherent human desire to socialize, our marketplace creates passion and personal connections among users.”. Poshmark, according to its S-1, enters the market a profitable firm, with growing revenue, an increasing consumer base and rising revenue. million in 2019, Poshmark made $21.1 After losing $14.5

social media 169

social media Trends Retail Millennials 169

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. While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

MARCH 17, 2020

Visual search technologies could help eCommerce brands gain the edge they need to engage customers and — more importantly — make purchases. Shopping online is second nature for most consumers, especially millennials and Gen Z. A recent study found that 62 percent of Gen Z and millennial consumers want visual search technologies.

Retail 143

Retail Millennials Tools social media 143

CB Insights

APRIL 1, 2019

Tech is transforming every industry, and the global luxury market is no exception. Download the full report to find out the top trends in luxury for 2019 from pop-ups to luxury streetwear. One of the top luxury trends of 2019 will be brands expanding into product lines like athleisure wear and more. China’s Online Channel.

Trends 43

Trends Branding cryptocurrency blockchain 43

Independent Banker

OCTOBER 1, 2022

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

Fraud 133

Fraud social media Millennials Examples 133

PYMNTS

MAY 14, 2020

The $33 million revenue increase over fiscal 2019 is the biggest in the company’s 15-year history. However, April revenues exceeded $40 million, a 350 percent increase over April 2019. This took what the company calls “trailing” 12-month revenue to $197 million – a 47 percent increase over 2019. With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

MAY 27, 2020

The increase during what has been a volatile time for financial markets tells a “tale of two cities,” he told the network on Wednesday (May 27), as COVID-19 has wreaked economic havoc in addition to its health toll. Founded in 2011, SoFi made its reputation by refinancing student loans for millennials.

Samsung 131

Samsung San Francisco National Millennials 131

PYMNTS

FEBRUARY 14, 2020

large luminary technology firms tend to take their time getting to their initial public offerings (IPOs). While it’s certainly not the case with every firm, for many, years of venture funding and building size and scale are considered favorable to an early entrance into the public markets with the vicissitudes of public investors.

Millennials 159

Millennials Retail Management US 159

Gonzobanker

APRIL 3, 2019

If consumers can get constant access to services and purchase through their computers, mobile devices and smart home technology, it follows that they would expect a similar level of connectivity (for service, advice and purchases) from their financial institutions. It’s not a “Millennial thing.”

social media 108

social media Exercises Millennials Training 108

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JUNE 4, 2019

QSRs and coffee merchants have been some of the most prominent testers in the connected commerce market, likely because those are the two categories that are most active among commuter commerce users. In 2017, Starbucks launched ordering integration with Ford’s SYNC3 , the automaker’s voice-activated technology powered by Alexa.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

JANUARY 3, 2020

It seems extra crazy for the education market, considering that the people taking out and paying off college loans today don’t rely much on checks and don’t see paper in their future – in fact, they don’t even see it in their present. In Q3 2019, credit card issuer JCB International Co., Tuition Goes to Grad School.

Payments 130

Payments Millennials Cards Study 130

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. in the year to February 2019. Why are they doing so well?

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

NOVEMBER 15, 2019

According to a new report by marketing technology firm BounceX, conversion rates on mobile have grown faster than on any other device over the past three seasons. The heaviest users are millennials, members of Generation X and bridge millennials. Spotlight on AR and VR.

Retail 124

Retail Mobile Millennials Tools 124

Independent Banker

NOVEMBER 21, 2021

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

JANUARY 21, 2021

Recent studies have found that debit issuers lost approximately $1 billion to fraudsters targeting transactions at the physical POS or ATMs in 2019 — and this was before the ongoing pandemic expanded fraudsters’ opportunities to launch their schemes. Debit And The Fraud Catch .

Fraud 148

Fraud Strategy Study Cards 148

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

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

JUNE 1, 2019

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. People had roommates, but were running into lots of challenges that smart design and technology can solve.”. What is Nuns and Nones?

San Francisco 156

San Francisco Millennials New York Wichita 156

NCR

JULY 20, 2016

Biometric technology is becoming an increasingly important part of the payments industry, as organizations look for reliable, fast and convenient methods of authentication. Last year, Juniper Research predicted biometric authentication app downloads would reach 770 million a year by 2019. Fingerprints. Ear acoustics .

Technology 40

Technology Payments Millennials System 40

PYMNTS

JANUARY 11, 2019

As of early 2019, some 28 percent of consumers own a voice-activated device, up from 14 percent last year, according to the PYMNTS/Visa figures. As of early 2019, Amazon and Google are the two main competitors for that crown, and they are not quite equally matched insofar as Amazon’s market share is greater. Google Goes Big.

Google 145

Google Samsung Apple Technology 145

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

JANUARY 17, 2020

Buy now, pay later (BNPL) providers are currently enjoying heightened interest from businesses, consumers and merchant partners, leading to market growth and new funding for many industry startups. For instance, Afterpay already saw 80 percent of all users shop with their smartphones during the 2019 holiday season.

Mobile 130

Mobile social media Retail Study 130

Abrigo

JANUARY 13, 2020

Having the right technology can play an important role in cross-selling CFI customers or members. 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. Book profitable loans more quickly.

Lending 150

Lending Study Survey Community 150