PYMNTS

AUGUST 9, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Cash is to be kept in a Green Dot bank-issued Apple Pay cash account. Active cards grew by 20 percent, to 5.15

Cards 100

Cards Apple Taxes Millennials 100

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. Such an app could potentially involve as much as $2 trillion in card spending. .

Survey 183

Survey Cards Millennials ATM 183

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 . Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap .

Online 148

Online Payments Millennials Apple 148

PYMNTS

FEBRUARY 20, 2020

Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing or content streaming services — just to name a few. This represents roughly $2 trillion in annual credit and debit card volumes. Among Bridge Millennials (between 30 and 40 years old), 41.1

Cards 146

Cards Data Management Mobile 146

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

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

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

APRIL 23, 2019

As more and more people use their smartphones to manage money, we saw an opportunity to address another customer pain point,” said John Legere, CEO of T-Mobile , according to a press release. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 In fact, 72.4

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

MAY 14, 2018

Right alongside those tallies, payroll cards are gaining traction, having accounted for six million cards at the end of last year and expected to grow to as many as eight million cards in 2022, Aite Group reported. The PYMNTS Gig Economy Index has estimated that gig workers account for 3.7

Payments 125

Payments Millennials Cards United States 125

CB Insights

OCTOBER 31, 2019

FREE REPORT: MILLENNIALS AND THE FUTURE OF WEALTH MANAGEMENT. The proposed idea resembles a personal finance management (PFM) tool that informs consumers about where they stand financially, benchmarked against the crowd. We dig into how companies are positioning themselves to own the next generation of wealth.

Management 68

Management New York Tools Apple 68

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. The effort is loaded up with product guarantees.

Branding 192

Branding Samsung Meeting Millennials 192

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

AUGUST 4, 2016

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Riders with NFC-enabled mobile phones will be able to download the EASY Card, and for those without NFC-enabled phones, the app will provide a display-generated ticket and one with a bar code.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

FEBRUARY 13, 2020

Among the key focal points for NCR looking ahead lies expanding card management and commerce capabilities. It’s really about extending out the capability of your card to the commerce ecosystem,” he said. Conventional wisdom may hold that millennials want a purely self-service experience when it comes to their financial lives.

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

MAY 31, 2017

Debit cards, default cards, banks both bricks-and-mortar and digital. Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. Debit card usage is habit-driven, he said, and habit has grown roots over the last several years.

ATM 100

ATM Millennials Cards Management 100

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. The app is also designed to teach the younger generation about money management and financial responsibility. Banking App.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

OCTOBER 11, 2018

But at this point, he is skeptical that Snap can manage a hat trick. When stories about the potential for Snap being bought out began to emerge this summer in the The Information, the two most likely new homes for Snap were speculated to be either Apple or Tencent.

Apple 181

Apple social media Millennials Report 181

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

Abrigo

OCTOBER 15, 2014

Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation. The tweet to pay will be managed by the bank’s S-Money mobile payments unit, via their app. BPCE says that this process will abide by the credit card industry''s data security standards.

social media 150

social media Apple United States Innovation 150

PYMNTS

JANUARY 3, 2017

credit cards, 1.3 debit cards and 1.3 store affinity cards. And of those 500 users, 38 percent said card usage is driven by how much cash they have on hand; another 25 percent said their choice to use plastic is driven by the rewards that come with those chosen payment methods.

Retail 137

Retail UX Cards Branding 137

PYMNTS

AUGUST 24, 2018

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103

Ohio Mobile Cards South Carolina 103

Accenture

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. It’s equally certain that incumbent banks will keep fighting back with investments in technology.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

MARCH 2, 2020

And while in some sense the data shows the patterns one would expect in terms of banks’ size and their level of core/IT enablement — bigger banks with more assets under management do better across the board than small banks with small assets under control, who are in the category of most likely to be core and IT deficient, according to the data.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

FEBRUARY 11, 2020

Customers participate through a customer intake program in the Nordstrom New York City store in exchange for Nordstrom gift cards that can be spent at its signature brands as well as its owned brands HauteLook and Trunk Club. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch.

New York City 124

New York City Marketing New York Los Angeles 124

Gonzobanker

JULY 31, 2017

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. What’s ironic is that not long ago, PayPal was listed as the most popular mobile wallet among Millennials.

Samsung 70

Samsung Apple Mobile Online 70

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 This year wasn’t the worst for Apple … but it wasn’t particularly great either. billion funding round back in May. It seems to be working for it.

Apple 109

Apple Security social media Study 109

PYMNTS

SEPTEMBER 21, 2016

And its popularity with young consumers (77 percent of millennials used mobile banking within the past month) means that more consumers are likely to embrace these new practices each year. Advani said that she and her team are “obsessed with member feedback” and often collect comments from users via digital and mobile channels.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

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. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

JANUARY 29, 2019

By way of example, Fagan noted that with the “pays” ( Apple Pay , Google Pay and Samsung Pay ), if those firms tried to go individually to several thousand credit unions, the effort would be a struggle. For users, being able to use points accumulated at the point of sale, with ease, can be a game-changer, cementing loyalty for cards.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

FEBRUARY 7, 2017

Project managements have been assigned to different channels, in efforts to understand, explain and guide firms through the changes taking place in the EMV and contactless payments spaces. There’s a demographic push at work here, too, said Carcillo, which he defined as “millennial consumer groups.”.

Data 100

Data Samsung Millennials Analysis 100

PYMNTS

JULY 21, 2017

Finance said this past week that a third of card payments were done the contactless way, and this was up 18 percent year on year to 4.5 Given that the debit and credit card share of total retail sales is at 77 percent, acceleration in contactless may be in the (virtual) cards. billion pounds.

Millennials 100

Millennials Mobile Branding Retail 100

NCR

MAY 9, 2017

Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank. The Apple Store has over 2.2 FIs face shifting consumer tastes and are compelled to act quickly.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

OCTOBER 25, 2017

For example, we are working with a virtual prepaid Visa card which, coupled with a user experience layer and Apple Pay, can create an alternative to a gift card for any near-field, communication-enabled merchant. That has potential to replace the entire gift card business as we know it. We help our partners ‘win.’

Mobile 100

Mobile User Experience Examples Millennials 100

FICO

FEBRUARY 5, 2021

Providers would fight for top-of-wallet status for their credit cards and debit cards. And every institution would try to cross-sell their way into larger, more profitable products (personal loans, mortgage, wealth management, etc.). A customer would have a primary bank, where a majority of their deposits would sit.

Millennials 52

Millennials social media Fintech Examples 52

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. imaginBank provides customers with a complete array of financial services such as a commission-free current account, a Visa imaginBank debit card, and PFM tools, as well as up-to-date mobile and P2P payment technology.

Millennials 12

Millennials Mobile social media ATM 12