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

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. The technology will reportedly scan human hands to ring up purchases.

Apple 100

Apple Payments Millennials Security 100

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

AUGUST 26, 2016

Asda Is Thinking About Apple Pay… Maybe. Asda, is testing Apple Pay. has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. Asda is being noncommittal about future plans and is not saying whether there may be a wider rollout of Apple Pay to its 626 U.K.

Apple 100

Apple social media Retail Strategy 100

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

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

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

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. The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

OCTOBER 20, 2016

Payments providers need to bring the traditional card to life and create a real-time interactive experience for consumers.”. consumers trust traditional card providers the most, followed by providers like PayPal, banks and established tech companies. But in Calgary, a technology by PayBySky will at least take care of the payment.

Apple 100

Apple Mobile America Payments 100

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. For example, if I should lose my card, I should be able [to] get a replacement, get it instantly pushed to my digital wallet and be able to activate it instantly online.”.

Fintech 224

Fintech Idaho Apple Google 224

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. . especially in urban areas and among millennials,” said Andrew Quartermaine, vice president, ACI Worldwide. One of the U.K.’s The Co-op was the first U.K.

Retail 139

Retail Millennials Mobile Operations 139

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

JULY 21, 2017

The data also shared that 56 percent of millennials do not feel comfortable carrying cash in their wallet, which could be due to concerns of either spending it all too quickly or losing it. Finance’s Head of Cards, Richard Koch, commented on these findings and shared future projections for this trend.

Payments 143

Payments Apple Cards Samsung 143

PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). 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.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

NOVEMBER 12, 2018

Mobile shopping game show app Gravy wants to capture the attention of millennials with short game shows almost every night of the week. One of the retailers to tap into this technology? Last year, Starbucks made reloading its store card easier: Customers can now reload their Starbucks cards using Apple Pay on the Apple Watch.

Innovation 186

Innovation Samsung Apple Mobile 186

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

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

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. billion – of funds were lost to card fraud in 2018, up from $1.4 Just under $3 billion – or $2.7 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

OCTOBER 11, 2018

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. By tapping on that card, users will be taken to Amazon to complete their purchase before being sent back to Snapchat.

Apple 181

Apple social media Millennials Report 181

PYMNTS

MAY 22, 2019

Most use stored credit cards (38.9 percent) and debit cards (38.7 Usage of Apple Pay and Google Pay stayed fairly consistent over those three quarters. Despite low mobile wallet usage, consumers aren’t dissatisfied with the technology. percent of bridge millennials bought via smartphone. percent in Q1 2018.

Mobile 177

Mobile Study Retail Millennials 177

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. Apple Needs To Diversify. Meanwhile, consumers in Asia have no such qualms, while the U.S. is mired in cybersecurity anxieties.

Mobile 100

Mobile Payments Apple Samsung 100

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

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. It’s equally certain that incumbent banks will keep fighting back with investments in technology.

Innovation 150

Innovation Metro Apple Marketing 150

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. So how does a tweet to pay technology work? 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

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

PYMNTS

JANUARY 3, 2017

In a recent survey by Vantiv and Socratic Technologies, across 500 consumers, findings indicated that these buyers held, on average, 2.1 credit cards, 1.3 debit cards and 1.3 store affinity cards. Rewards can help lure customers to a brand and keep them there.

Retail 137

Retail UX Cards Branding 137

PYMNTS

JANUARY 19, 2018

Fifty dollars, a paper check or a gift card stuffed into a greeting card feels very impersonal, and is largely saved by the fact that it can be delivered in person. It then added other gifting mechanisms, like prepaid and gift cards. But while millennials do use Vouchr, they’re far from alone.

Cards 121

Cards Millennials User Experience Video 121

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. There will always be teenagers, after all, and they have significant power and influence, along with a native mastery of mobile and other associated technologies.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

SEPTEMBER 20, 2016

Over the past week, bots are joining the fashion industry at runway events, delivering pizza without hopping off Facebook and peeking through in cloud technology. Pointing to the cloud, Larry Ellison, Oracle’s former chief executive and current chief technology officer, presented a shiny, new platform for building and running chatbots.

San Francisco 100

San Francisco Michigan Samsung Millennials 100

PYMNTS

JUNE 27, 2019

Fraudsters are finding new ways to slip past technological defenses, which leaves banks constantly upgrading the tools used to keep them out. Banks and payment players are adopting new technologies to keep customer data safe. California-based FinTech Binji has just come out of stealth mode with a new consolidated card.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

NCR

JUNE 26, 2017

Whereas in years past, a cashier may simply have had to ask “cash or card?”, 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. billion ($2.05

Payments 75

Payments Millennials Retail Cards 75

PYMNTS

FEBRUARY 3, 2017

But while it may seem a little bit late in the game for American Express to make its grand entrance, the company has walked this ground before — it was the first card issuer to let Canadian cardholders make contactless payments via the Apple Wallet mobile payments platform.

Payments 100

Payments Mobile Apple Study 100

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

APRIL 17, 2017

Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards. Their performance last quarter was eye-catching for what it says about Square’s pivot over the last several years toward becoming a technology-driven merchant services firm. The Bumpy Road. loss last year.

Apple 110

Apple Capital Cards Payments 110

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. Technology has been changing the world since we invented agriculture. Technology has been changing the world since we invented agriculture. My whole business career, technology has been a critical part of what a bank does.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

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