PYMNTS

SEPTEMBER 8, 2016

Maybe millennials really are a self-centered bunch? New data suggests that they are buying more gift cards than ever before but then turning around and spending those cards on themselves. adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers.

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Millennials Cards Retail Survey 100

PYMNTS

DECEMBER 24, 2019

However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. Big Brands. That’s not all.

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Millennials Branding Trends Retail 139

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

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Millennials social media Mobile Payments 131

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. percent of bridge millennials.”

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Millennials Report United States Study 256

PYMNTS

AUGUST 22, 2018

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. With the new checking accounts, customers will get access to sporting events and other entertainment, just as Sapphire Reserve credit card customers do. JPMorgan Chase & Co.

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Branding Samsung United States Cards 100

PYMNTS

DECEMBER 6, 2016

Shortly after rolling out this summer in Canada, Drop, the mobile app that gives users rewards and access to loyalty programs, has more than 70,000 millennials as customers. Using a credit card earns the customers double points. “We think millennials — some call them lazy — but they want seamless experiences.”

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Millennials Cards Retail Mobile 100

PYMNTS

DECEMBER 12, 2016

Gift cards may seem a logical answer. But not brand. 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.

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Cards Mobile Branding Retail 100

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.

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Millennials Mobile Retail Branding 130

PYMNTS

APRIL 23, 2019

One might argue that the shifts have been better or for worse (when was the last time one could separate a millennial from their iPhone for a decent conversation?), The digital card will be linked to Apple Pay. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer.

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Apple Cards Payments Course 200

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

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Millennials Mobile Study Branding 145

PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Through Joko’s mobile app, credit cards become loyalty cards, so there is no need to scan or say anything.

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Cards Fintech Retail User Experience 135

PYMNTS

NOVEMBER 19, 2020

The expansion will now cover retail brands including H&M , O.N.S. He said it is important to provide “a seamless shopping experience across channels that also includes flexible, mobile payment options at checkout,” especially given the massive presence of smartphones in peoples’ lives.

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US Millennials Branding Retail 186

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.

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Cards Apple Data Innovation 140

PYMNTS

SEPTEMBER 20, 2018

Consumers use mobile apps throughout their drives – for directions, music or the latest traffic updates – but they can also be an opportunity for gas stations. percent – use GasBuddy’s mobile app for gas. In a June interview with PYMNTS, GasBuddy CEO Sarah McCrary explained that customers rarely shop by brand. Additionally, 4.9

Mobile 140

Mobile Payments Google Millennials 140

PYMNTS

JUNE 22, 2020

“Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards. Consumers are reaching for their debit cards and avoiding expensive credit card interest and fees,” Molnar said. It’s an important distinction. “[The]

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Millennials Cards Examples Retail 151

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

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Millennials Colorado Google Leadership 101

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.

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Millennials Retail United States National 200

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? Here’s the latest news on the mobile + payments + commerce front. Miami Transportation To Offer Mobile Payments. Miami Transportation To Offer Mobile Payments.

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Samsung Google Mobile Millennials 100

PYMNTS

FEBRUARY 11, 2020

They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. Cost is a major concern for consumers, especially for millennials and members of Gen Z, who tend to view spending differently than older generations.

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Millennials Retail Mobile Online 130

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. For example, 80 percent of customers for BNPL provider Afterpay made purchases over mobile.

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Industry Millennials Retail Mobile 167

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. About three-quarters of Gen Zers also like to shop in stores that provide an “engaging in-store experience,” so think brands like Forever 21 or Urban Outfitters.

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Study Millennials Retail social media 100

The Financial Brand

JULY 11, 2023

This article Personal Financial Management Is the Next Must-Have for Mobile Banking Apps appeared first on The Financial Brand. Banking and credit card apps without PFM features are so outdated that customer retention is going to suffer, especially with Millennials and Gen Z.

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Mobile Management Millennials Branding 26

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

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Trends Fraud Millennials Community Bank 175

PYMNTS

FEBRUARY 11, 2020

Seeley has over 25 years of experience in marketing and worked with Airbnb on its Homes business, where he had responsibilities in things like regional brand marketing, product marketing, global media, brand partnerships, marketing analytics and research. Afterpay co-founder and U.S.

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Marketing Leadership Millennials Branding 163

PYMNTS

DECEMBER 8, 2016

Today, the word can also describe a mobile app that stores digital versions of a person’s payment cards, loyalty cards, gift cards and even coupons — enabling payment to take place with just a tap or scan. How Mobile Wallets Can Grow Up. Early adopters of mobile payments are all about convenience.

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Mobile eBook Study Security 100

PYMNTS

DECEMBER 30, 2019

Thousands of users reported multiple difficulties during the time period, including complaints about cards being declined as well as an inability to pay various bills and rent. “We We are currently experiencing an interruption in service on the Venmo mobile app,” the company wrote on Twitter.

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Millennials Cards Study Software 130

PYMNTS

APRIL 4, 2018

For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that it leaves around half of all Americans with only a few options: a credit card with expensive strings or no credit at all. Who Petal Serves.

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Cards Regulation Groups Branding 133

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.

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Mobile Payments Apple Samsung 100

PYMNTS

NOVEMBER 26, 2018

And for others, mobile apps can help encourage them to buy these kinds of sundries after filling up at the pump. Thorntons has moved into rewards and loyalty offerings for shoppers through Koupon Media’s mobile offer capabilities and Paytronix’s rewards program. While apps are used for gas station payments by only 4.5

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Marketing Mobile Millennials United States 153

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? By Collin Canright. Ed Bachelder, payments consultant.

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Mobile Community Bank Community Technology 105

The Financial Brand

APRIL 24, 2019

To keep this 'mature' payment vehicle relevant to Millennials, banks and credit unions must adjust features and marketing. The post Three Keys to Debit Cards’ Future as Mobile Banking Builds appeared first on The Financial Brand.

Mobile 28

Mobile Cards Millennials Branding 28

PYMNTS

JUNE 2, 2020

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.”. Consumers Want More Than Toilet Paper (But Not More Credit Card Debt). And not necessarily just the millennials.

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Retail Meeting Millennials Branding 142

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. It chiefly attracts millennials interested in trading stocks and cryptocurrency. The UK launch is anticipated for early this year since it has obtained regulatory approval.

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United States FDIC Millennials cryptocurrency 150

William Mills

AUGUST 11, 2016

They discuss key insights from their article in the 2016 Bankers as Buyers Report titled, “The Payoff of Bank-Branded Mobile Wallets With Tender Reciprocity.” Interview Topic: The Payoff of Bank-Branded Mobile Wallets with Tender Reciprocity. The wired desktop experience, the mobile experience, the mobile app.

Branding 40

Branding Mobile Retail Strategy 40

PYMNTS

JANUARY 8, 2019

As a pure-play digital bank, Chime offers as its primary product an entirely mobile/digital banking application that gives customers access to a network-branded debit card and a savings account. The brand has been popular with young professionals. The firm was valued at $500 million as of its last funding round.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

MAY 28, 2019

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020.

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Apple Mobile Fraud Branding 159

PYMNTS

OCTOBER 29, 2020

They’re more concerned for protecting their health, they're working remotely, they’ve relocated most of their commerce lives online and on mobile — the list goes on and on. The Upgrade card isn’t a revolving credit product like most of its competitors. The pandemic has changed all kinds of things about consumers.

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Cards Lending Millennials Payments 245