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Digital Payments, Online Ordering And Memberships Top This Week’s News

PYMNTS

We have deep dives on digital payments, online ordering and memberships. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap .

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Survey: Quarter Of Americans Open To Banking With Big Tech

PYMNTS

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . The results? This prospect represents risks and opportunities for FIs.

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Will Consumers Bank With Their Telcos?

PYMNTS

The mobile app offers low or no-fee checking-like services, out-of-network ATM usage fees and the ability to earn 4 percent APY on balances of up to $3,000. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 percent of Bridge Millennials did so. In fact, 72.4

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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.

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NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast

PYMNTS

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. The branch is a digital ecosystem in and of itself,” he said, “and it should be connected to the digital banking, self-service ecosystem,” as the footprint — including the ATM — is not going away.

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The Week In Payments: The Visible Perils And Hidden Promise Of The Coronavirus

PYMNTS

Concerns ran demonstrably highest with older millennials, 44 percent of whom reported being extremely concerned, and lower-income workers, who have sharply curtailed their spending. In some cases, as more people are logging on, online and digital-first firms may see an increase in their business.”. Yesterday, it was a “nice to have.”

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Thinking outside the box – why merchants must embrace new payment methods

NCR

In store, options such as contactless cards, NFC-equipped smartphones and even wearable devices such as the Apple Watch allow consumers to choose whatever option is most convenient for them at any given time. Among millennial consumers aged between 18 and 34, this rises to 29 percent. Embracing ‘invisible’ payments.