PYMNTS

OCTOBER 21, 2020

"Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

MAY 1, 2020

JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to help small businesses that are struggling due to the coronavirus pandemic. Tradesy CEO: Millennial Women, Louboutin Shoes And Restarting The Economy.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

MARCH 2, 2018

Several major banks and FIs — including Bank of America, Discover and Wells Fargo, among others — offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. It provides an exhaustive and statistically reliable portrait of the connected consumer in America. consumers shop and pay — today and in the future. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

AUGUST 4, 2017

Getting community banks to adapt to the changes brought on by the availability of faster payments is a priority of the Independent Community Bankers of America (ICBA), the trade organization representing approximately 5,800 community banks of various sizes nationwide. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

AUGUST 13, 2018

For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events.

Fort Worth 107

Fort Worth Branding Cards Retail 107

PYMNTS

MARCH 1, 2017

Brian Billingsley, CEO North America at Klarna , joined Karen Webster to discuss those partnerships and the benefits that it believes its more streamlined financing options can bring to the consumer purchasing experience. The Revolving Difference. Klarna launched its financing platform in the U.S.

Customer Experience 100

Customer Experience Millennials Branding Cards 100

PYMNTS

OCTOBER 9, 2019

When they sign up online, the company sends them a sampler right away, which includes six different teas that Berthelsen said are “as different as they can be.” Customers can pay for their subscriptions by PayPal , credit card or debit card. The base plan offers customers a day’s worth of tea every month. The Target Market.

Millennials 103

Millennials Innovation America Cards 103

PYMNTS

MAY 26, 2017

One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform. The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

APRIL 10, 2020

To that end, as Sherif Samy, senior vice president, North America at Entersekt , told Karen Webster in a recent Masterclass, it’s time to move beyond the transaction to focus on the interaction — and, in doing so, exceed consumer expectations.

Examples 168

Examples Mobile Security Technology 168

NCR

JUNE 15, 2017

This will allow users to send and request money from their contacts with just a couple of taps, or even by telling Apple’s Siri voice assistant to make payments, using credit and debit cards they already have linked to their Apple Wallet account. The post Apple takes on Venmo in P2P payments market appeared first on Banking.com.

Apple 53

Apple Marketing Payments Millennials 53

Gonzobanker

JULY 31, 2017

Are mobile wallets a threat to PayPal’s online payment dominance? In the past two weeks, PayPal has signed agreements with Chase, Citi and Bank of America, in addition to expanding its deal with Visa to issue Visa debit cards in Europe. Mid-Size Financial Institutions Must Pivot, Too.

Samsung 70

Samsung Apple Mobile Online 70

PYMNTS

JUNE 25, 2018

Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. At the same time, sales of Whole Foods’ private label 365 brand are growing online. Along with the promise of much more.

Retail 156

Retail Branding Millennials Online 156

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

OCTOBER 20, 2016

According to Robert Flynn, managing director of Accenture Payments in North America: “Consumers are content to use cash and plastic for their everyday transactions, and while the use of cash is declining overall, it is the most commonly used form of payment – and consumers expect it to remain so in 2020. Three-quarters of U.S.

Apple 100

Apple Mobile America Payments 100

PYMNTS

MAY 31, 2017

Like their American counterpart Amazon, Alibaba and Tencent are fashioning themselves identities that have less and less to do with online shopping and more to do with an integrated life approach. Alipay said it will be expanding mobile payment service to users in America. The latest additions?

Mobile 108

Mobile Atlanta America Seattle 108

Long Lasting Ideas

JANUARY 5, 2015

In the age of Apple Pay, Google Wallet, and online banking, the old assumptions are shattered. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Offer millennials the human touch.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

MAY 18, 2018

LaBella said it all began with a strong online presence, built around a blog and community forum. Posts focused on financial service topics relevant to the country’s unbanked, underbanked and millennial consumers, on how to budget and how to start putting funds away into savings. The Biggest Challenge (And Opportunity).

Community 116

Community Cards Marketing Branding 116

NCR

AUGUST 25, 2016

If you’ve been online or near a TV in the last few weeks, you’ll undoubtedly have heard of Pokemon Go. The first choice for Millennials. Bank of America’s poll , for instance, revealed there’s an ever-growing dependence on these devices.

Millennials 40

Millennials America Survey Mobile 40

ZootBlog

MAY 6, 2016

Aite Group conducted a survey in 2015 and found that more than six in 10 consumers across four generations (seniors, baby boomers, Gen X and Gen Y/millennials) either strongly liked biometrics or found it an acceptable form of customer authentication for banking.

Security 60

Security User Experience Millennials Maine 60

PYMNTS

OCTOBER 9, 2017

million to 8 million among the 25-to 30-year-old age bracket, according to the Motion Picture Association of America. Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. million to 7.2 million, and from 9.9

social media 101

social media New York City Cards Google 101

CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. Neon quickly secured a new partner, BancoVotorantim, to resume card services. Millennials.

Retail 78

Retail Cards Millennials Mobile 78

NCR

FEBRUARY 17, 2017

In the rush to serve the tech-savvy millennial market and keep up with the latest developments in mobile and digital banking, some FIs might fall into the trap of overlooking traditional channels. As far as security is concerned, ATMs are benefiting from stronger protections against threats like card skimming and deposit fraud.

ATM 85

ATM Mobile Strategy Fraud 85

PYMNTS

OCTOBER 2, 2017

In an interview with Joseph Daly, COO of Paysafe Payments Processing, North America, the executive said that within the U.S., “you millennials), “plastic does not even have to be a card anymore; it means access to … schemes such as Visa and Mastercard, perhaps through mobile devices … they will get on that and stay on that.”.

Millennials 119

Millennials Cards Retail Study 119

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. There’s been an emergence of a robust set of FinTech infrastructure companies – including banking as a service (BaaS) platforms as well as modern card issuing, processing, and servicing systems. Niche Neobanks.

Fintech 52

Fintech Millennials Lending Tools 52

Tech and Finance

JUNE 14, 2018

June 11 Extend’s Millennials Report Shows Only 11% Of Millennials Have A Business Credit Card From Their Employer. The survey also found that nearly 25% of participants borrow a colleagues’ business credit card to make business purchases. • 30% find it difficult to have access to a mean of payment from their employer. •

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

DECEMBER 15, 2017

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. The card network is hoping that’s the case, as it rolls out the first use case stemming from its recently launched global prepaid money management platform. What Millennials Want. “Avengers, assemble!”

Millennials 134

Millennials Management Cards Security 134

PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Issuers want their card to be the one that is loaded into the digital wallet and stays there — for a long time. Sophisticated Threats.

Security 100

Security CA Payments Big Data 100

CB Insights

NOVEMBER 5, 2019

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. This would be Tencent’s first move to provide a payment option beyond its users’ debit and credit cards issued by regular banks.

Fintech 51

Fintech social media Analysis Marketing 51

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Chip card reader for when customers are shopping online to improve security. Integrate with any online merchant site. Verifies the card and pushes that information onto the merchant. Plus the 1% rewards. David Marsyla (CEO).

Video 40

Video Mobile social media Analytics 40

PYMNTS

JULY 15, 2016

The latest size 12 to fall is what was touted as the online lenders secret sauce – the algorithms that crunched data, they reported, better than anyone ever had done, ever, in order to make lending decisions to consumers that would mitigate investors risk and maximize their return – have turned out to be not to smart. Some secret sauce.

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

JULY 21, 2019

But for those observers watching reports from Bank of America, American Express and others, one strong signal came from the continuing trend of spend. In one example, for Bank of America , the U.S. Card sales volume gained 11 percent from the year-ago period to $192.5 billion, an increase of $2.3

Cards 129

Cards America Millennials Conference 129

Gonzobanker

DECEMBER 19, 2016

see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). However, we’ve gone from spotty Siri performance and playing with Amazon Alexa with our stereo system to Bank of America predicting its chatbot, Erica, will become customers’ new financial advisor.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 20, 2018

This award goes to Capital One for making bold moves on exiting the mortgage and online brokerage businesses and refocusing efforts on its core card and banking businesses. In February 2018, the bank announced it was closing its online brokerage business and selling its more than 1 million brokerage accounts to E*Trade Financial Corp.

Fintech 105

Fintech Conference Innovation Community 105