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 Banking and credit card apps without PFM features are so outdated that customer retention is going to suffer, especially with Millennials and Gen Z.

Mobile 29

Mobile Management Millennials Branding 29

Bank Innovation

FEBRUARY 24, 2017

In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Hip Money – a new app by Hip Pocket – adapts the millennial habit of “swiping” to help them save and pay down debt through a mobile app. Nebraska-based software Read More.

Nebraska 199

Nebraska Millennials Marketing Software 199

PYMNTS

MARCH 30, 2016

But just when the last iPods started giving way to entirely online streaming services, millennial audiophiles suddenly fell back in love with vinyl records — a music format they never even knew growing up. How curious, it seems, that a similar thing is happening between millennial shoppers and mobile and physical coupons.

Millennials 100

Millennials Mobile Study Retail 100

PYMNTS

SEPTEMBER 8, 2016

Maybe millennials really are a self-centered bunch? As retailers introduce new mobile apps, often with mobile payment options that include their retailer prepaid cards, young adults begin to buy retailers cards for their own use, so the cards are becoming a primary payment tool and not just used as gifts,” according to the study.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

OCTOBER 21, 2020

Point of sale (POS) platform PredictSpring announced that it is partnering with beauty brand Deciem and is also planning to expand into new sectors following a strategic investment from Salesforce Ventures. . The technology powering PredictSpring allows for native consumer mobile apps and store associate apps.

Customer Experience 190

Customer Experience Branding Millennials Mobile 190

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

Millennials 145

Millennials Mobile Study Branding 145

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

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. He will be the executive responsible and accountable for leading Google, and managing Alphabet’s investment in our portfolio of Other Bets.” . Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

MARCH 13, 2020

Brick-and-mortar is instead rapidly changing to accommodate the needs of consumers who have come to expect the same speed and convenience from purchasing through online and mobile environments. In-store experiences must be carefully calibrated to satisfy consumers who are more than familiar with online and mobile browsing.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

JANUARY 14, 2020

By 2021 – about a year from now – over 20 percent of all payments globally will be made with a mobile wallet. As usage grows, brands are responding with expanded mobile features and more end-to-end experiences. Millennials will spend an estimated $1.4 Travel and loyalty go together like champagne and first-class.

Meeting 141

Meeting Millennials Branding Mobile 141

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.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

MAY 7, 2018

Popular in New York City, free drink tickets are sometimes handed to people who may know the owner or manager of a high-end bar. Hooch seeks to emulate this experience through a modern-day drink ticket that’s accessed through a mobile device. We know our members are highly mobile and care about experiences,” Dai said.

Millennials 102

Millennials New York City New York Survey 102

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.

Millennials 130

Millennials Retail Mobile Online 130

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. Source: The Millennial Disruption Index.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

APRIL 9, 2019

Using the 7-Eleven mobile app’s Scan & Pay feature, shoppers could scan merchandise they want to buy. The athletic shoe and apparel brand has announced its “ Greenhouse” incubator initiative , a vaguely-defined concept that will include a think tank and collaborations – and, ideally, will lead to new brands, among other gains.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

OCTOBER 20, 2020

They are the brands tracked in PYMNTS’ Provider Ranking of Digital Banking Apps for October 2020, and the surprise can’t be spoiled because, with two very notable exceptions, there aren’t any. Looking now to the bottom half of the top 10, mobile/digital banking app Current comes in at No. We’d hate to spoil the surprise. so we won’t.

Digital Banking 140

Digital Banking Millennials Tools Mobile 140

PYMNTS

DECEMBER 11, 2020

SoFi, which works on refinancing student loans, mortgages and personal loans, and recently began offering stock trading and cash management accounts as well, was valued at $4.8 In the How We Will Pay: Connected Commuters research brief, PYMNTS details how mobility is driving demand for connected-commerce experiences.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

OCTOBER 7, 2019

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

Miami 109

Miami Digital Banking Branding Meeting 109

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.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

NOVEMBER 17, 2020

Were consumers really looking for a way to subscribe to a fuller set of offerings from Walmart, like discounts on gasoline and in-store self-checkout via mobile device? It’s just that management didn’t have much in the way of hard figures or any big announcements about new additions to the platform. They’ll set the pace of U.S.

Millennials 190

Millennials Comparison Retail Groups 190

PYMNTS

FEBRUARY 18, 2020

Mediterranean QSR Dill & Parsley and sandwich brand Cousins Subs recently both encouraged consumers to buy directly from them with the launch of new ordering apps that also offer promotions. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

PYMNTS

MAY 19, 2018

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. That jingle also managed to be oddly, and unfortunately, prophetic. These days, though, we call them Bridge Millennials.

US 105

US Millennials Branding Retail 105

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. Late last year , Robinhood began offering a cash management service.

United States 150

United States FDIC Millennials cryptocurrency 150

PYMNTS

AUGUST 25, 2016

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? The service is designed for basic simplicity of use: Customers log in via mobile device and zip money from connected bank account to connected bank account across the system. So, will people excel at Zelle?

Millennials 100

Millennials United States Mobile Risk Management 100

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. Attracting Customers With Unique Brand, Financial Stability. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data.

United States 174

United States Security Innovation Mobile 174

PYMNTS

NOVEMBER 23, 2018

PYMNTS recently caught up with Paige Cohen, manager at Instagram to learn more about Instagram’s updates to their shopping features. Mobile Bridges. The most recent mobile commerce developments, along with other research and data about retail trends, are found in the new PYMNTS “ Checkout Conversion Index.”. Instagram Role.

social media 163

social media Mobile Branding Retail 163

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. Pay over time — and with interest, Anthony Eisen, CEO and managing director of Afterpay , noted in an interview with PYMNTS. After its birth in the 1930s, layaway had a long run in the U.S.,

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

MAY 29, 2019

It has around $12 billion in assets under management. Over the last year, we’ve worked aggressively to grow SoFi from a desktop lending business to a broad-based, mobile-first financial platform enabling members to borrow, save, spend, invest and protect their money,” said Anthony Noto, CEO of SoFi. percent annual percentage yield.

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

JULY 3, 2019

Our ambition with Joko is to build a strong brand, a product used by millions of people that retailers reward on a daily basis, by putting technology at the service of the user experience,” said Xavier Starkloff, Joko CEO and co-founder, according to EU-Startups.

Cards 135

Cards Fintech Retail User Experience 135

Independent Banker

NOVEMBER 21, 2021

The native New Englander has worked in management consulting and composting and lives on a farm with his wife, kids, chickens and sheep. About 75% of consumers use online banking, he says, and two-thirds have adopted mobile deposits. Building a bank brand with impact. “It is time to reinvent the mutual model,” Cummings says.

Community 170

Community New Hampshire New York Millennials 170

PYMNTS

MAY 22, 2018

Loyalty, in the era of mobile, can be a tricky prospect. This challenge is seen across the spectrum of consumers, but it’s most acutely noticeable among older or bridge millennials — consumers between the ages of 30 and 40 who are buying houses, having children and beginning to settle into their roles as the drivers of commerce in the U.S.

Millennials 109

Millennials Branding Retail Online 109

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. There will always be teenagers, after all, and they have significant power and influence, along with a native mastery of mobile and other associated technologies.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

OCTOBER 20, 2020

Of digital businesses that are getting out in front of changes and new trends are direct-to-consumer (D2C) brands, who see eCommerce and the absence of physical retail as a very rare growth opportunity. percent of Generation Z consumers have bought new food and beverage brands during the pandemic … while 47.7

Maine 221

Maine Retail Branding Study 221

PYMNTS

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. In short, HowGood literally answers the question, “How good is blank [insert product, brand, or store location here]?” for consumers who want to know more before buying.

New York 100

New York Millennials Capital Branding 100

PYMNTS

NOVEMBER 8, 2017

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Millennials are taking a mobile-first approach to banking, driving that transformation.

ATM 126

ATM Strategy Mobile Millennials 126