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Fighting Financial Awkwardness With Faster Payments?

PYMNTS

PYMNTS recently caught up with Venmo’s Chief Operating Officer, Mike Vaughan, about the service’s millennial appeal, how mixing social media and finances changes the payment dynamic and how payment trends are poised to change — thanks to faster payment solutions and offerings. A Cure for ‘The Awkwardness of Money’?

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How Friendly Friction Builds Better Banking Experiences

PYMNTS

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

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How 2015 is Different for Retail Banks

Banking 2020

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Cyber vulnerabilities.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Customers can store all of their online profiles in one secure location to improve user experience. Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. Walk through the purchase experience. Who is the target audience? That’s new.

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