PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. and yes, this looks like card data breach. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S.

Millennials 109

Millennials Cards New York Branding 109

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. operations. 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 .

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. And it really depends on their target demographic and where they operate.”.

US 206

US Retail Millennials Trends 206

PYMNTS

FEBRUARY 13, 2020

While the company is known for its payment solutions aimed at fuel for fleet services, it also has grown its corporate card and U.S. “2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. .”

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

OCTOBER 21, 2020

21) that it is launching a new destination for electronics products to feature Certified Refurbished products, not from its sellers but from brands like De'Longhi, Dirt Devil, Hoover, Makita, Philips and Razer, which will sell exclusively on the eBay platform. The program is operable immediately. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

SEPTEMBER 24, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Mastercard Expands Digital Card Program To Include Instant Access, eWallet. Mastercard Expands Digital Card Program To Include Instant Access, eWallet.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

DECEMBER 20, 2019

but after almost 50 years, it began to fade out in the 80s, disrupted by the emergence of store-branded credit cards. And if the credit options don’t appeal to consumers — and, in the case of younger consumers, even makes them actively hostile — that means they also aren’t working for the brands that offer them. “We

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

NOVEMBER 6, 2019

The holiday Birchbox features will be in a “grab-and-go holiday gifts” format at the front of the store with the inclusion of items such as beauty essentials in travel sizes; Birchbox subscription gift cards; an Advent calendar collaboration between Birchbox and Walgreens; and limited-edition Birchbox Grooming and Birchbox Beauty boxes.

Millennials 101

Millennials Retail Training Cards 101

PYMNTS

MAY 4, 2017

Regional banks have struggled to keep pace with technological shifts and maintain market share and have undertaken efforts to increase ATM counts to look bigger, perhaps, than they actually are, eyeing both brand presence and functionality. Cards are perhaps proving a sticking point in the move toward electronic payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

MAY 20, 2019

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

NOVEMBER 26, 2018

With the system, drivers of eligible Buick, GMC, Cadillac and Chevrolet vehicles can find gas stations and make payments at 11,000 Shell-branded fuel stations in North America from within their vehicles. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station.

Marketing 153

Marketing Mobile Millennials United States 153

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. Any merchant that accepts Mastercard payments can accept the Venmo cards. million U.S.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

JUNE 6, 2019

This makes enabling credit card payments critical and helps cater to those who would opt for pricier tattoos if not limited to funds on hand. “[If It’s easier for them to just let kids get what they want and swipe a card, rather than worry about how much the kids can spend.”. Customers] recognize the reader [I use],” Kim said.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. Rewards can help lure customers to a brand and keep them there. credit cards, 1.3 debit cards and 1.3 store affinity cards. credit cards, 1.3 debit cards and 1.3 store affinity cards.

Retail 137

Retail UX Cards Branding 137

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. 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 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

SEPTEMBER 30, 2019

According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. This is revenue drain on brands and has the potential to damage their public image, as well. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

Cards 169

Cards Course Study New York 169

PYMNTS

OCTOBER 15, 2018

Kitchen United CEO Jim Collins told Karen Webster that, as the owner-operator of Montrose Town Kitchen & Grill in California, he had a front-row seat to this a few years ago when the Postmates delivery people first started showing up at his door. Some established brands like to test the waters before expanding into new markets.

Millennials 145

Millennials Branding Online Retail 145

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store.

Online 197

Online Retail Mobile Branding 197

PYMNTS

APRIL 13, 2019

Miller clarified that she has no problem with predicting the future for commercial purposes – she herself has been known to write horoscope-influenced gift guides for brands like Tory Burch – but she takes the work seriously and actually tries to focus her expertise into those commercial works, something she does not feel Amazon has done.

Millennials 136

Millennials Retail New York City Branding 136

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. .

America 101

America Lending Cards San Francisco 101

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JULY 21, 2017

Finance said this past week that a third of card payments were done the contactless way, and this was up 18 percent year on year to 4.5 Given that the debit and credit card share of total retail sales is at 77 percent, acceleration in contactless may be in the (virtual) cards. billion pounds.

Millennials 100

Millennials Mobile Branding Retail 100

PYMNTS

FEBRUARY 23, 2018

Taco Bell is living más as it pulls ahead of Burger King as the fourth-largest quick-service restaurant (QSR) brand with new delivery options and, yes, nacho fries. The company has recently seen positive momentum and improved operating performance, and delivery is projected to accelerate future growth. But McDonald ’s Corp.

Online 101

Online US Payments Mobile 101

PYMNTS

AUGUST 16, 2018

Here’s what’s happening: The technology enables certain drivers of eligible Chevrolet, Buick, GMC and Cadillac vehicles to find their preferred gas stations and initiate in-vehicle payments for fuel purchases made at some 11,000 Shell-branded fuel stations in North America. But the situation changes when talking about younger consumers.

Millennials 102

Millennials Mobile Payments Survey 102

PYMNTS

AUGUST 6, 2018

And before there was Chase, there was LevelUp, the branded mobile payments platform that used those same cube-shaped readers to enable QR code payments at the physical POS for consumers with the LevelUp app. Brands franchisees who are now being asked to get on board the Grubhub delivery platform. In February of 2018, Yum!

Online 125

Online Branding Mobile Millennials 125

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

MARCH 21, 2019

The site operates similarly to eBay from a lender’s perspective. For payments, the company uses Stripe and accepts credit as well as debit cards. For the target market, Prew is focusing on millennial females in central London between the ages of 25 and 35. The Fashion Lending Platform. Instead, the site it free to join.

Retail 130

Retail Millennials Company Security 130

Insights on Business

FEBRUARY 27, 2019

Your executive teams may feel that their current mobile apps and internet banking operations are sufficient. To ensure success in 2025, however, the focus should be on customers who use newer models in digital channels: Generation Y, Z, and Alpha, too—the children of millennials. Use case: Focus on the millennial market with mobile.

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

JULY 13, 2016

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. Store Closures. ” Layoffs.

California 100

California St. Louis Retail Branding 100

PYMNTS

FEBRUARY 6, 2018

In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. And, like Costco, it has a limited selection, which makes for a more efficient operation. “By It becomes a competitive advantage.”.

New Jersey 100

New Jersey Las Vegas Retail Dallas 100

PYMNTS

FEBRUARY 7, 2017

Of Merchant Link’s own client base, Carcillo said half are brand-name businesses, while the other half are smaller businesses, storefronts or franchisees. There’s a demographic push at work here, too, said Carcillo, which he defined as “millennial consumer groups.”. He said the firm is seeing across-the-board adoption of EMV.

Data 100

Data Samsung Millennials Analysis 100

PYMNTS

AUGUST 13, 2019

Video game manufacturers operated a different model of sorts: Create great games to get consumers to buy the hardware, then keep cranking out great games that would keep consumers on board and upgrading those devices. But for the last three decades or so, the business model did not change very much. Striking a New Strategic Path.

Online 155

Online Video Fraud Examples 155

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. Vodafone is the third-largest mobile operator in the U.K. Meanwhile, consumers in Asia have no such qualms, while the U.S.

Mobile 100

Mobile Payments Apple Samsung 100