PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. Take Target, for instance. Gen Z Trends.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Apple And Epic’s Battle May Head To Trial in 2021. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season.

Payments 148

Payments Apple Survey Seattle 148

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. . The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

JANUARY 14, 2021

percent of grocery shoppers are ordering groceries online to be delivered at home more now than they did before the pandemic began, while 21 percent are ordering grocery for curbside pickup more than before, and 11.9 percent are ordering groceries online to be picked up in-store more than they did before. Our research shows 22.7

Meeting 165

Meeting Arkansas Retail Millennials 165

PYMNTS

AUGUST 13, 2019

What is happening in the world of gaming now, Burkart noted, was very much foretold by what occurred in the worlds of music and movies, respectively, with the rise of services like Netflix, Apple Music, Prime Video and Spotify. Less than 20 years ago, customers regularly had extensive collections of CDs and DVDs.

Online 155

Online Video Fraud Examples 155

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. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. 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. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

DECEMBER 30, 2020

College-educated shoppers also outpace those with only high-school degrees or less, while bridge millennials, millennials and Generation Zers expressed greater interest than Gen-X and Baby Boomers did. Nike’s digital engagement goes beyond merely selling products online. Maybe it’s apples that don't even have bruises, but.

Branding 257

Branding Millennials Retail social media 257

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

Banking 2020

FEBRUARY 13, 2015

Articles via American Banker, Payments Source, The Financial Brand, Bank Innovation. More checking customers demanding mobile banking apps: Recent data confirms that consumers, especially millennials, are looking for their financial institution to offer mobile banking. What have you been reading?

Apple 40

Apple Mobile Payments Millennials 40

PYMNTS

AUGUST 9, 2019

The regulation is aimed at protecting consumers and merchants from fraudsters and other online criminals aiming to access their financial information, which means increased security at online checkout. Weddings, the Millennial Way? Has Apple Won the Wearables Wars? Has Apple Won the Wearables Wars?

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. In fact, according to our recent study, they come in dead last.

Payments 196

Payments Google Apple Innovation 196

Jeff For Banks

MARCH 3, 2018

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Online book stores.

Apple 66

Apple Millennials Massachusetts FDIC 66

PYMNTS

MARCH 30, 2020

But, as the just-released PYMNTS “ Commerce Connected Playbook: Retail Innovation Edition ” indicates, the interesting thing to watch is not that digitization is happening, but how it is happening. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

JANUARY 29, 2019

That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS. PYMNTS and PSCU found that 59 percent of credit union members said they want innovation, though it wouldn’t necessarily sway them to choose one CU over another. Avoiding Complacency. His Advice.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

JUNE 27, 2019

In the latest Digital Banking Tracker™ , PYMNTS examines how banks are innovating to address these security vulnerabilities. The FI launched biometric payments for its business clients, enabling them to make payments using Apple Touch or Face ID. Meeting Innovation Needs for Four Generations of Customers. In the U.K.,

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

DECEMBER 7, 2018

And it will have a considerably smaller footprint than other IKEA locations — while IKEA’s mainline stores can cover 300,000 square feet, its upcoming Big Apple digs are said to be only 17,530 square feet. Pizza Hut plans to acquire online ordering software provider QuikOrder. In Other Brick-And-Mortar News. restaurants. restaurants.

Retail 122

Retail San Francisco Arizona Los Angeles 122

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. The 2016 Millennial Money Mindset Report, released by iQuantifi earlier this year, reported that nearly 42 percent of millennials want to manage their banking relationship exclusively online. The Apple Store has over 2.2

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

APRIL 30, 2018

QVC President and CEO Mike George said when the deal was announced,“By creating the leader in discovery-based shopping, we will enhance the customer experience, accelerate innovation, leverage our resources and talents to further strengthen our brands, and redeploy savings for innovation and growth.

Branding 129

Branding Millennials Retail social media 129

NCR

JUNE 26, 2017

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.

Payments 75

Payments Millennials Retail Cards 75

PYMNTS

SEPTEMBER 30, 2019

Not only are millennials turning to self-storage at a higher rate than their parents, he told PYMNTS, but the excess demand means many self-storage operators feel free to skimp on customer service, security and anything resembling even basic insurance. Get ready for more movement, innovation and disruption in this space.

Policies 117

Policies Millennials Industry Operations 117

PYMNTS

SEPTEMBER 3, 2018

It’s not driven by the trend setting millennials and Generation Z shoppers or by the affluent — it seems to be age, generation and income-independent and geography-independent. That makes product discovery coupled with product innovation retail’s new playbook. Retailers are where these consumers go to find these new products.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

DECEMBER 20, 2019

Consumers rely on the reviews of other customers, a dependence that has only grown deeper in the age of online shopping and travel. The online travel industry is a pot of gold for bad actors, using stolen payment credentials to buy vacation packages and resell them for profit. Millennials Make Big Push For B2B Personalization.

Fraud 100

Fraud Trends Payments Retail 100

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

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. On the hardware side, in late 2015, Square rolled out its latest generation of card readers that were both chip- and Apple Pay-compliant.

Apple 110

Apple Capital Cards Payments 110

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

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

OCTOBER 25, 2017

When you’re an innovator and building out a vision for a new category like we are, there aren’t existing companies or products to model after. There is also a lot of room to innovate. In fact, we have recently proven the power of innovation with a major bank in Canada through their mobile banking wallet.

Mobile 100

Mobile User Experience Examples Millennials 100

PYMNTS

JULY 11, 2016

In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. In 2003, the majority of the online shopping was done at the desktop at the office when the boss wasn’t looking, and that experience included laboriously typing in card credentials at every site.

Google 100

Google Mobile Apple Online 100

PYMNTS

OCTOBER 27, 2018

About a quarter of all shoppers will buy their Halloween gear online, though 39 percent will start browsing for it digitally. More than 31 million Americans plan to dress up their pets this year for Halloween, with millennials leading the pack, so to speak. When it comes to categories, consumers are intending to spend $3.2

South Carolina 191

South Carolina Payments Virginia Massachusetts 191

NCR

JULY 20, 2016

Biometrics has been a staple of science fiction films for decades, with futuristic movies displaying iris scanners, facial recognition software and a range of other quirky innovations. Fingerprints have been used as a form of identification since the late 19th century, so they’re hardly a new innovation.

Technology 40

Technology Payments Millennials System 40

PYMNTS

AUGUST 24, 2018

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Millennials, whom the company says do not provide a lot of foot traffic to retailers that sell lotto tickets.

Ohio 103

Ohio Mobile Cards South Carolina 103

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

PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. In the last four years, we’ve had the adoption of bitcoin, Samsung and Apple Pay and the explosion of FinTech,” said Jenkins. Now located in the U.S.,

Security 100

Security CA Payments Big Data 100

PYMNTS

DECEMBER 12, 2016

Jain also remarked that innovation in the gift card space — using mobile as a delivery channel — has been marked by “a lot of attempts to digitize gifts and creating a digital channel for sending gift cards. Jain explained that other firms (including even eBay) have platforms that allow gift cards to be sold on online marketplaces.

Cards 100

Cards Mobile Branding Retail 100

PYMNTS

APRIL 11, 2016

I was reminded of this phenomenon recently after scanning a bunch of stories that described a variety of “disruptive” innovations in payments. Over the years, outdoor bazaars became main streets which morphed into malls and now online marketplaces where sellers and buyers meet to do business. iHeartDogs — The ‘Uber’ of dog walking”.

San Francisco 100

San Francisco Operations Examples Branding 100

Tech and Finance

JUNE 14, 2018

In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence. Most notably, merchant support for Apple Pay has gone down from 48% to 35%. June 11 Extend’s Millennials Report Shows Only 11% Of Millennials Have A Business Credit Card From Their Employer.

Survey 28

Survey Millennials Fraud Mobile 28