PYMNTS

JANUARY 16, 2020

Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth. BNPL is not a new payment method.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

AUGUST 26, 2019

From a ride-hailing company expanding into Vietnam to Visa implementing new tools to fight fraud, today’s payments news runs the gamut. Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. Kohl’s has teamed up with Facebook to create a curated clothing line aimed at capturing millennial dollars.

US 109

US Millennials cryptocurrency Fraud 109

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. Nick Molnar , co-founder and U.S. The Shifting Road To Recovery .

US 206

US Retail Millennials Trends 206

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. Around The Buy Now, Pay Later World. How BNPL Solutions Could Slow Cart Abandonment.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

AUGUST 11, 2016

A proposition back in 2011 to close a loophole that enables drug cartels to move large sums of money across boarders using prepaid cards has been delayed but is not dead. The proposed rule called for money stored on prepaid cards to count toward the requirement on the part of the U.S. According to a report by Reuters , the U.S.

Cards 100

Cards Millennials Industry Tools 100

South State Correspondent

JULY 19, 2023

These tools can give a bank marketing team of five the power of 20. Instead of producing a mass ad to stereotype all millennials, bank marketing AI now allows a level of precision to produce content that can appeal to a single individual or to a mass of customers with a single intent.

Marketing 195

Marketing Training Video Tools 195

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

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 reCommerce trend continues to gain momentum. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

FEBRUARY 11, 2020

Cost is a major concern for consumers, especially for millennials and members of Gen Z, who tend to view spending differently than older generations. Millennials have available funds, so what keeps them from finalizing their purchases? BNPL Solutions and Breathing Room . BNPL products are thus emerging as helpful solutions.

Millennials 130

Millennials Retail Mobile Online 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.

Cards 133

Cards Regulation Groups Branding 133

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. Pinch’s offering was a series of tools to help consumers build better credit.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

MARCH 4, 2020

To truly stand out from the crowd, brands must go beyond the transaction and create enhanced experiences and engagement opportunities across the entire customer journey,” the report states. “On Consumers are wary of excessive data collection and prefer that brands use information specific to the program.

Retail 131

Retail Branding Report Tools 131

NCR

JUNE 21, 2016

According to a recent study , all four of the leading banks are among the ten least-loved brands by Gen Y, and one in three millennials revealed they’re open to switching financial institutions in the next 90 days. Millennials don’t like traditional banks and don’t see any stark differences between them. The App Generation.

Millennials 45

Millennials Data Study Digital Banking 45

Gonzobanker

NOVEMBER 16, 2023

Here are examples of how some organizations have made use of social media to achieve results: Increased brand awareness – Chime consistently posts a variety of content, and its Instagram profile, with the brand’s signature green theme and modern imagery, has amassed more than 933K followers. Yes, that’s a lot of Benjamins.

social media 97

social media Marketing Millennials Trends 97

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

JANUARY 8, 2021

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs. Around The Disbursements World.

Lending 163

Lending Examples Tools Meeting 163

NCR

DECEMBER 8, 2016

Given the millennial generation are often described as ‘digital natives’ who have grown up comfortable with technology such as online and mobile banking, this may seem like a reasonable assumption. The post Are interactive offerings the way to attract millennials? appeared first on Banking.com.

Millennials 40

Millennials Survey Mobile Tools 40

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.”. It is playing the sustainability card this year, with Fashion Footprint Calculator. The tool was created with environmental research firm Green Story Inc., We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

MAY 4, 2017

Cash as a Budgeting Tool. 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. These are among the heaviest ATM users, said Pierce.

ATM 192

ATM Millennials United States Study 192

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

PYMNTS

MAY 16, 2019

With the tool, consumers can, say, find out if the sofa is big enough for them to nap on. For payments, the company accepts credit cards, debit cards and Affirm for financing (although Blazona says the majority of business is credit card-related). And, with a DTC brand, the company can capitalize on the savings.

Branding 134

Branding Cards Retail Millennials 134

PYMNTS

JUNE 22, 2017

Nearly a third of consumers today make purchases from brands that reflect their social and environmental values, according to a recent survey. With every purchase you make through your Aspiration debit card, your score changes,” Cherny said. The Right Tool for Millennial Shoppers?

Millennials 117

Millennials Digital Banking Survey Tools 117

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 11, 2017

Millennials lead the category — with 89 percent holding some kind of services subscription — but Gen-Xers, baby boomers and retirees all make strong showings north of 65 percent. But more than subscriptions being convenient, she noted, is that millennials have a relationship with them that is somewhat unique. So what gives?

Millennials 118

Millennials Data Examples Video 118

PYMNTS

AUGUST 22, 2019

In theory, coming up with a rewards program tied to customer loyalty is a totally logical acquisition tool. So Drop decided to do things differently by linking the rewards to the payment method instead of the brand itself. . Done right, rewards programs can be a powerful flywheel for driving customer loyalty. .

social media 101

social media Branding Millennials Bitcoin 101

Gonzobanker

OCTOBER 6, 2015

While bankers may be a bit fatigued this year by articles about payments, the more enlightened Gonzo bankers are paying close strategic attention to the single most impactful payments trend in our industry: the shift from a plastic card to a “card-not-present” world. times faster than card-based transactions.

Cards 60

Cards Fraud Apple Google 60

PYMNTS

APRIL 13, 2019

Better algorithms , visual search tools and concierge services are just a handful of the ways retailers young and old are attempting to ensure customers get the “right” products. Texting is the language of millennials and younger people today, so we really wanted to harness that,” he said. But are they really the right products?

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

OCTOBER 4, 2017

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

Report 101

Report Millennials Payments Trends 101

PYMNTS

FEBRUARY 1, 2019

He added, though, that Venmo Card and Pay with Venmo are also “growing really, really nicely,” and that the “commerce side of Venmo” is gaining traction, including food delivery transactions that involve Grubhub and Uber Eats. Any merchant that accepts Mastercard payments can accept the Venmo cards. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

NCR

SEPTEMBER 9, 2016

An easy way to use the credit card or debit card, without actually carrying the cards around? The report explains that both millennials and their older peers have essentially the same priorities: They want to closely monitor and manage their financial status, and they want alternatives to cash.

Mobile 40

Mobile Millennials social media Branding 40

PYMNTS

OCTOBER 15, 2018

Both solutions provide increased fraud protection to online transactions made via debit or credit cards. Other studies indicate that mobile and connected banking offerings are most popular among millennials and other young consumers, meaning mobile banking apps’ popularity is likely to continue — and increase — in the coming years.

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

JULY 21, 2017

And that is where Affirm came from,” Levchin told the assembled, noting that a fairer, more accessible, simpler and genuinely helpful financial system built around tools that intend to help customers isn’t just a morally good thing — it’s also the smart evolutionary path for commerce. . Broken by the Numbers.

Retail 111

Retail San Francisco Cards Conference 111

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

JUNE 25, 2018

As a long-time Whole Foods customer, I know, like and trust the Whole Foods brand and the quality of the products they carry in-store. On top of Prime Deals, brands will be able to offer me deals to select their brands over others with special coupons and offers too, just like they do today online at Amazon Pantry.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

JUNE 14, 2018

At the end of the ride, neither the driver nor the rider wanted to be responsible for giving, receiving or holding onto the kind of personal information needed for a credit card transaction or a digital peer-to-peer (P2P) transfer. Brisker sees those tools as first and second generations of digital payments. From the Ground Up.

Tools 118

Tools Virginia Cards Payments 118

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

OCTOBER 23, 2018

Sending a paper statement to a millennial or leaving a voicemail is about as useless as a hamburger driving a vehicle,” Max Tselevich, CEO of The Doctor, a medical services management company, recently told a healthcare reporter. One is including a phone number via which the patient can reach a live person to ask questions.

blockchain 173

blockchain Study Case Study Fraud 173