PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. percent during 2020’s first nine months to $1.75 GoodRx earned $55 million in 2020’s first half prior to the company’s September IPO. All told, it’s risen 363.6

US 230

US Company Report Payments 230

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. It’s not hard to find experts who predict that, even with the new date, gas stations will fail to comply with the deadline, which is set by card networks. The number of EMV payment cards in circulation around the world stands at more than 7.1

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JANUARY 9, 2020

Issuers sent cards to consumers and providers sent point-of-sale (POS) devices and terminals to merchants. Attendees will learn that younger generations – Generation Zers and millennials among them, who wield significant (and growing) spending power – care more about payment flexibility (and options) than merchants might realize.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

JANUARY 21, 2020

The first part of 2020 has brought some significant activity in the world of travel — activity that could, in the coming months and years, further influence how consumers travel, and how they buy and pay for their trips. But millennials are hardly the only force for change in the broader travel industry. Other Areas of Change.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. Retailing 2020: Five Things To Watch.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MARCH 2, 2020

That appears to concern many businesses as 74 percent of recruiters stated in 2018 that they expected to more intensely vie against other firms to attract new hires in 2020. This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. rose from 3.1

Cards 130

Cards ATM United States Payments 130

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

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. Buy Now, Pay Later. Contactless.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

JANUARY 2, 2020

Even the simplest tasks like changing the PIN on a debit card required a command appearance. Those features and functions might be authentication, payments, security, card controls or a host of other contexts, she said, depending on what specific set of customer wants must be addressed. . Building What’s Next .

Innovation 142

Innovation Digital Strategies Strategy Trends 142

PYMNTS

DECEMBER 11, 2020

It’s a big wild card in all this, and one to keep an eye on.”. Millennials’ Changing Credit Habits. According to new PYMNTS research on millennials’ online credit usage, something notable is shifting in the habits of younger consumers, particularly bridge millennials. The Week in Blockbuster IPOs.

Payments 188

Payments Millennials Cards Regulation 188

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Stepping into this hot mess have been innovative card products, digital checks and cloud tools that enable more companies to bring indie contractors into the fold. workforce in 2020. workforce in 2020. Banking on Instant.

Millennials 130

Millennials New York City National New York 130

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

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. 23-25, 2020. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper.

Online 148

Online Payments Millennials Apple 148

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

APRIL 11, 2016

A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. 850 billion will be spent on IT by SMEs by 2020, new analysis from Technavio reported.

Millennials 100

Millennials Software social media Cards 100

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. Strong balance sheets in key areas like credit card debt ($64.4 billion) and mortgages find most credits unions on solid footing as 2020 begins. A Small Change It’s Not.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Know Your Customer’s Preferences.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

DECEMBER 2, 2020

So now we arrive in the middle of March of 2020, and that world [of trust] is turned on its head,” Carnecchia told PYMNTS’ Karen Webster in a recent interview. Here we are in 2020, and people are only [just now] getting on board with taking pictures of their checks [to deposit them],” he said.

Fraud 256

Fraud Branding Millennials Cards 256

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. but after almost 50 years, it began to fade out in the 80s, disrupted by the emergence of store-branded credit cards.

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

MARCH 10, 2020

What instant lending innovation have shoppers fallen in love with? These and other tantalizing truths are found in the March 2020 Buy Now, Pay Later Tracker ®, a PYMNTS and Afterpay collaboration. Many are leaving credit behind, with approximately 40 percent of millennials fearing credit card debt,” the report states.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

JANUARY 23, 2017

And it also gave him a taste for what it felt like when those well-heeled colleagues disparaged the military and/or the working class in front of him, not knowing (or imagining, even) that their Yale-educated colleague was a card-carrying member of both. WHAT DO HILLBILLIES HAVE TO DO WITH PAYMENTS INNOVATION? 01 percent a year.

Innovation 100

Innovation Payments Taxes Policies 100

PYMNTS

NOVEMBER 13, 2019

Retailers are under constant pressure to evolve and innovate,” he told PYMNTS, “and they have to make sure the user feels good about the whole experience on an ongoing basis.”. That’s especially true with the continued rise of millennials, who seek instant engagement from the brands with which they interact. That’s just not engaging.”.

Millennials 118

Millennials social media Retail Cards 118

Accenture

SEPTEMBER 22, 2019

By way of example, Monzo passed 2 million users in May 2019 and anticipates 3 million this year, while Revolut is targeting 10 million by 2020. But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

NOVEMBER 16, 2020

9, 2020, the stock market hit a high not seen since February, shortly before the world would feel the brunt of the global pandemic. and global economy for most of 2020. For payments and tech innovators, the opportunity may never be greater. On that day, Nov. That’s assuming most people got the vaccine.

Study 270

Study Retail Millennials Conference 270

PYMNTS

FEBRUARY 6, 2020

One of the general topics at hand was what it might take to get more restaurants — including quick-service restaurants (QSRs) and fast-casual operations — to get in the game and update their technology, payment and guest engagement efforts for 2020. Innovation Sparks. The stakes are too high to stay behind the pack for too long.

Mobile 191

Mobile Operations Technology Payments 191

PYMNTS

DECEMBER 27, 2019

Payments Flash-Forward: Why December 2020 Will Be One To Remember. Among the common themes to emerge: Change will come to the point of sale (POS), moved by the continued pivot to contactless ways to pay — and the demographic change that will bring the mighty millennial more buying power. Trackers and Reports.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. How Grocery Retail Will Evolve In 2020 . What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Online Resale.

Online 101

Online Fraud Branding social media 101

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. It is an innovator with tech (e.g., So many miles to go, retail bankers! It was the original data junkie.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

DECEMBER 24, 2019

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. PYMNTS’ recent Intelligence of Things Tracker noted that there will 26 billion connected devices in use worldwide by 2020. How IoT Can Make Payments New Again.

Payments 134

Payments Illinois Guidelines Mobile 134

PYMNTS

OCTOBER 11, 2018

by 7 percent and 15 percent from his 2020 estimates, on the basis of what he identified as Snap’s two leading problems at present: sluggish new-user growth and slow growth in revenue per user. By tapping on that card, users will be taken to Amazon to complete their purchase before being sent back to Snapchat.

Apple 181

Apple social media Millennials Report 181

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. who consider a digital bank (like Chime, Cash App, or PayPal) to be their primary checking account provider has more than doubled since 2020. Niche Neobanks. If you don’t, the market will pass you by.

Fintech 52

Fintech Millennials Lending Tools 52

ZootBlog

OCTOBER 11, 2016

The entire world has gone mobile—from millennials to grandparents. Many institutions now offer prequalification for credit cards on their websites. Executives from both Zoot and Danal (booth #643) will be attending Money 2020, October 23-26 in Las Vegas.

User Experience 60

User Experience Mobile Data Las Vegas 60

PYMNTS

DECEMBER 31, 2016

The startup drew jealous ire from competitor Facebook/Instagram , success from millennials and confused befuddlement from baby boomers this year, along with a $1.81 Apple Pay was adopted slowly and still isn’t particularly differentiated enough from card payments. billion funding round back in May. It seems to be working for it.

Apple 109

Apple Security social media Study 109

PYMNTS

JANUARY 2, 2017

Getting on board with this new technology is key for banks and financial institutions as they look for ways to attract millennial consumers. This year, the Digital Banking Tracker looked at millennials’ financial habits and why younger users favor digital banking solutions over traditional banking models. billion by 2020.

Retail 123

Retail Millennials blockchain Mobile 123

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Payment disruption and innovation.

Retail 40

Retail Trends Millennials Mobile 40