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Baby Boomers Vs. Millennials: Eerily Similar?

PYMNTS

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. million of the borrowers, up from 700,000 a decade earlier.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. This digital shift — doing less in the physical world and more in the digital world for the same activity — is based on 16 longitudinal studies that PYMNTS has conducted of a national sample of more than 40,000 U.S. consumers — 47.2

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Getting Mobile Ready

Independent Banker

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. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

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Doing Omni-Channel First, Or Doing It Right?

Banking 2020

Regardless of how and why they hit the market, some technology-driven innovations seem to lend themselves to particular vertical markets and/or disciplines. Wearable technologies? For example, other studies have turned up numerous problems with the ‘click-and-collect’ orders placed on Cyber Monday. Social channels?

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In Favor Of Delivery: The Growing Omnichannel Store-To-Door Ecosystem

PYMNTS

Of those who already utilize these store-to-door programs, the study found that 51 percent order meals from casual dining restaurants. For third-party delivery apps, customer service is another area where omnichannel technology is in demand. Bridging the gap between restaurants and technology.

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How to Serve Smaller Businesses for Bigger Profit

Banking 2020

All of this occurs in an environment where technology takes center stage and business owners may consume retail (for their personal accounts) as well as business services at a given financial institution. Some studies estimate that there are 28 million small businesses in the U.S., representing more than $6 trillion in revenue.

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