PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. The use of mobile wallets has remained flat, with only 5.9

Apple 133

Apple Payments Study Mobile 133

PYMNTS

SEPTEMBER 24, 2019

Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Airlines are also seeking to enable speedy mobile payments. Southwest Airlines recently signed an agreement with two payment companies to enable it to accept Apple Pay.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

JANUARY 15, 2020

Go mobile or go back home — especially when it comes to payment and finance. 15) with the release of The State of Mobile in 2020 , the latest and highly anticipated report from mobile data and analytics company App Annie. And it’s not just big banks playing the mobile finance game. Super Apps. Super Apps.

Mobile 130

Mobile Company Apple Google 130

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. Do FIs want to navigate card programs through that?”. Near-Term Challenges.

Cards 140

Cards Apple Data Innovation 140

Bank Innovation

OCTOBER 1, 2018

A new report shows that millennials use Venmo more than they use ATMs as if there was any doubt that to this audience an app like Venmo is a prime method of payment. Rubiix, a social spending app that distributes advertising revenue among its users, released a report Friday showing ATM transactions among millennials have […].

Millennials 150

Millennials ATM Report Payments 150

PYMNTS

OCTOBER 16, 2019

Today in the payment’s news roundup, Goldman Sachs CEO David Solomon said there has been a lot of demand for Apple Card as of its launch in August. Goldman CEO Boasts Of High Apple Card Demand. Goldman Sachs CEO David Solomon noted that there has been a lot of demand for Apple Card as of its launch in August.

Apple 108

Apple Cards San Francisco Payments 108

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic.

Innovation 187

Innovation Millennials Payments Mobile 187

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

MAY 22, 2019

Mobile commerce has become part of the daily routine for many consumers — who are not just using devices to shop on the go, but also in-store and for a variety of product categories. How are consumers using mobile devices in-store? Most use stored credit cards (38.9 percent) and debit cards (38.7 Nearly half (46.8

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

SEPTEMBER 2, 2016

The Atlanta-based fast-food chain is giving away a free breakfast item to all of its app users as a way to thank them for making the mobile app one of the top free downloaded apps in the Apple App Store since the launch in June. If you love Chick-Fil-A, you’re going to love them even more now.

Millennials 100

Millennials Atlanta Apple Samsung 100

PYMNTS

SEPTEMBER 4, 2019

Also, Apple has gained three separate patents related to the Apple Watch. And Amazon is testing out a new payment system that uses handprints for checkout instead of a card or an app. Apple Patents Biometric Watch Band. Today in the payments news roundup, Mastercard announced it has joined the Marco Polo Network.

Apple 100

Apple Payments Millennials Security 100

PYMNTS

APRIL 23, 2019

Standard Chartered Bank has unveiled instant digital credit issuance in Singapore to shorten the process of accessing a credit card, according to reports. Applicants can activate their cards after they attain immediate approval for their applications. They can then add their cards to wallets from Google Pay, Samsung Pay and Apple Pay.

Cards 115

Cards Google Regional Samsung 115

PYMNTS

JANUARY 16, 2020

Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. Younger demographics are searching for retailers that grant numerous product options and payment methods as they continue to eschew credit cards and loans. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. South Korea Is Mega Mobile. Korean consumers see no evil in mobile payments. is that Android mobile users in the U.K.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

DECEMBER 12, 2016

Gift cards may seem a logical answer. What happens if you buy a card from a store that’s not exactly right for that person? Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. But not brand.

Cards 100

Cards Mobile Branding Retail 100

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. 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. In fact, 72.4

Millennials 145

Millennials Mobile Study Branding 145

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

AUGUST 4, 2016

The latest news on mobile payments shows that the big banks are wanting in on the mobile wallet race, but are they already too far back in the pack? Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Miami Transportation To Offer Mobile Payments.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

OCTOBER 20, 2016

To shift consumers’ payment behaviors will take more than just providing another ‘me too’ mobile payments option; leading merchants will identify and provide next-generation, value-added services.”. Why are mobile payments so unappealing? Winning in mobile payments is anyone’s game at this point.”. Three-quarters of U.S.

Apple 100

Apple Mobile America Payments 100

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. Mobile Lottery Product.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. It’s finally here: with the iOS 11.2

Apple 111

Apple social media Google Video 111

PYMNTS

OCTOBER 6, 2020

Shoppers can start a purchase in stores by selecting the card icon in the Afterpay mobile program, which activates the Afterpay card that can be used for purchases via Google Pay or Apple Pay. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

FICO

SEPTEMBER 22, 2016

Millennials love their smartphones—so much so that in recent research , millennials ranked them as more important than a toothbrush or even deodorant. It is a good thing 90% of millennials have smartphones! Of course, many of our clients want to know more about millennial banking habits. The Bad: Mobile Merchant Payments.

Millennials 40

Millennials Survey Mobile Payments 40

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

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Survey 183

Survey Cards Millennials ATM 183

Celent Banking

OCTOBER 10, 2016

A couple weeks ago I attended the Mobile Banking and Payments Summit in NYC for the first time. There’s still plenty of fragmentation in the market : Android is an open system utilizing Host Card Emulation (HCE), while Apple is a closed system using a secure element.

Mobile 100

Mobile Payments Apple Samsung 100

Payments Source

MARCH 19, 2018

a startup from PayPal co-founder Max Levchin, is going after millennials with a new kind of credit card alternative that only exists online. Affirm Inc.,

Cards 65

Cards Millennials Apple Online 65

PYMNTS

NOVEMBER 12, 2018

Simply said, consumers are turning to their mobile devices to make purchases that they might have once made in a brick-and-mortar store. To help consumers buy men’s apparel without sorting through the selection at a physical location, platforms such as Cayenne allow shoppers to tap into mobile shopping with a deal-of-the-day platform.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

SEPTEMBER 22, 2016

But can the mobile payments industry hope for a similar uptick in transactions, or is there little correlation with that and consumers’ willingness to spend? Will more consumers embrace mobile technology, along with its convenience, integrated rewards programs and avoidance of cash checking fees? If we have mobiles, we skip ads.

Mobile 100

Mobile Video Millennials Payments 100

PYMNTS

JULY 29, 2016

Apple sorta fizzled, but the markets don’t seem to have noticed. Not having such a good week, other than Apple, were FinTech IPOs. Millennials. If you’re a millennial, the FinTech world is literally beating a path to your front door. Millennials are clearly a sizzle. So what’s the inside scoop?

Apple 100

Apple Millennials Mobile Fintech 100

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

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . The new system will use ACI’s Mobile Commerce SDK and will be available alongside existing payment methods like cashiers and self-scan tills, the release said.

Retail 139

Retail Mobile Millennials Operations 139

PYMNTS

SEPTEMBER 15, 2020

That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers. Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. Getting Ready To Fight Off Apple And Google.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

MARCH 9, 2020

The ease and speed of credit cards and similar payment methods spook many consumers, especially when such transactions often lead to interest rate fees and other costs later in the year, souring in-the-moment purchases. Millennials and members of Gen Z are primarily driving this shift, with the former at the height of their spending power.

Retail 131

Retail Millennials Cards Branding 131

NCR

JUNE 15, 2017

The peer-to-peer (P2P) payments market has been getting crowded of late, and owners of iOS devices in the US will soon have a new option to choose from as part of the annual update to Apple’s mobile operating system. The post Apple takes on Venmo in P2P payments market appeared first on Banking.com.

Apple 53

Apple Marketing Payments Millennials 53

Independent Banker

OCTOBER 29, 2014

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices? s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105