Remove 2020 Remove Millennials Remove Retail Remove User Experience
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The Year In Data: Measuring 2020’s Payments Innovation

PYMNTS

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 made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. 31 percent bank via app. 30 percent saw a decline.

Data 277
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Retail’s 2020 Digital-First Payments Roadmap

PYMNTS

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. To do so, according to Parsons, businesses must embrace what she terms “an ecosystem of partners.”

Payments 151
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India’s Millennials Dial Up Mobile Shopping

PYMNTS

With mobile apps, retailers have the opportunity to wield greater control over the user experience and initiate direct communication with shoppers via push notifications. The online retail market in that country could grow nearly 30 percent to be worth as much as $63 billion by 2020, according to the research.

Mobile 100
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France’s Joko FinTech Gets €1.6M To Help Consumers Earn Credit Card Rewards

PYMNTS

Founded in 2018, Joko’s loyalty program already works with dozens of major retailers including McDonald’s, Uber, Starbucks, Zara and more. Instead, the user is notified after their purchase and can check their points in the app, trading them for gift cards to several retailers or converting them into charitable donations.

Cards 135
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Consumers Want More Banking App Control — Will FIs Step Up?

PYMNTS

Whether via eCommerce shopping or retail loyalty programs, consumers are getting used to increasingly personalized experiences. “We We can see that with loyalty, where you can tailor the user experience and decide how you want rewards,” Ali told PYMNTS. Ali is not bullish on the rise of super apps, at least not for 2020.

Mobile 137
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Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

Despite the pandemic, 2020 has been a record year for wealth tech companies. For instance, Betterment launched checking and savings accounts in April 2020, while Wealthfront now provides its customers with the option of connecting with mortgage providers. First name. Company Name. Phone number. across 62 deals in Q3’20 alone.

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How 2015 is Different for Retail Banks

Banking 2020

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.

Retail 40