PYMNTS

OCTOBER 16, 2020

Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.

Millennials 131

Millennials Payments Cards Fintech 131

Bank Innovation

APRIL 19, 2019

based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 The Detroit, Mich.-based million — a 20% YoY increase.

Detroit 186

Detroit Millennials Online Capital 186

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

JANUARY 31, 2020

Reacting to pushback from millennials frustrated with the ubiquity of expensive, traditional alcoholic drinks at professional and personal gatherings, Helena Price Hambrecht and husband Woody Hambrecht created Haus, a direct-to-consumer aperitifs startup with a membership-based business model. The married co-founders have so far secured $4.5

Millennials 108

Millennials Capital Community Regulation 108

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. A survey by the Forum found that about 45 percent of overall respondents – but just 28 percent of millennials – agree with the statement that banks are fair and honest.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

OCTOBER 22, 2020

The panel included: Doug Bergeron , managing partner at Hudson Executive Capital ; Ian Drysdale , executive in residence at Great Hill Partners ; Amit Jhawar , venture partner at Accel and Rick Roberts , analyst and portfolio manager at Vulcan Capital. Loans get people started on online stock trading platforms. Data Privacy .

Fintech 169

Fintech Capital Innovation Data 169

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

JUNE 27, 2017

Financing for this round came from Breakout Capital and the Levy family’s investment avenue. Our goal is to create a year-round skincare line for millennials guys. We aim to own exceptional men’s skincare online, without the typical retailer’s markup and toxins. million round of seed funding.

Millennials 115

Millennials Chicago Capital Online 115

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. That is, if the current trend toward dollar shopping holds — both in-store and online. billion total. ”

Online 100

Online Retail Branding National 100

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience.

Lending 195

Lending Community San Antonio Survey 195

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

NOVEMBER 16, 2017

Membership could be obtained by spending five dollars on a share of capital stock. Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials.

Millennials 101

Millennials US New Hampshire Resources 101

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

SEPTEMBER 17, 2018

13 through 16, is further evidence of the eCommerce giant’s “new retail” strategies, where offline and online conduits converge, as noted by sites such as marketing-interactive.com. Data from CBN also found that millennials launched as many as 700,000 shops on the Taobao platform last year. The September event, which spanned Sept.

Millennials 134

Millennials Lending Retail Trends 134

PYMNTS

OCTOBER 21, 2019

According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Even if one particular retail chain or another is having trouble keeping its edge amid such changes, apparel as a whole is driving a good amount of merchant innovation. Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

SEPTEMBER 30, 2019

But many luxury trips can run aground without effective and innovative payment solutions to help travelers meet and manage associated costs. And a significant share of luxury travelers express high levels of interest in using innovative payment solutions to fund their future vacations. Millennials make up about a third of the U.S.

Payments 125

Payments Los Angeles Innovation Millennials 125

Bank Innovation

JANUARY 5, 2017

The fees and barriers to entry are lower, and millennials can do it all from their smartphones. By now, traditional investors are familiar with the threat coming from roboadvisors. But roboadvisors face considerable challenges of their own. Among other issues, standalone roboadvisors have steep customer acquisition costs.

Millennials 223

Millennials Capital Online Management 223

PYMNTS

NOVEMBER 5, 2019

While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. Wainwright said the company’s value proposition represents “strongly with the millennial and Gen Z consumers” who are powering the growth of luxury sales globally.

Millennials 101

Millennials Retail Exercises Branding 101

PYMNTS

JANUARY 22, 2020

All of that helps prepare the ground for innovation. “In Function shoppers complete online surveys – a basic part of the DTC website experience these days. And much of that innovation and disruption comes down to better analytical prowess. P ersonalization and Instagram. One recent example comes from Los Angeles-based Pepper.

Los Angeles 131

Los Angeles Analytics Retail Survey 131

Bank Innovation

JUNE 28, 2018

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

San Francisco 170

San Francisco Millennials Tools Management 170

Accenture

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low. So why not? Take a closer look.

social media 151

social media Millennials Online Fraud 151

PYMNTS

MARCH 11, 2019

But bigger than the cupcake-replacement innovation, perhaps, was the realization five years ago that the dessert on demand market in Dubai was basically non-existent — but not unwanted. This was a pretty big leap since online food delivery business in Dubai was worth $750 million per year at the time. The products were solid.

Online 148

Online Marketing Millennials Branding 148

PYMNTS

JUNE 7, 2018

“I heard someone say recently that ‘today will be the slowest day of the rest of your life,’ and that is very much how I think about the pace of change and the evolution of technology — it is only going to keep getting faster, and community banks have a huge opportunity to innovate and fill a unique niche,” she said. A personal experience.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

JANUARY 15, 2019

In addition, the firm said that it is launching the second phase of its advertising campaign known as “Money is Changing,” and where the campaign will train a spotlight on millennial women, with focus on steps they have taken to tackle and overcome money-related challenges. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. High interest-rate arresting activity, as it turned out, was a theme throughout the year’s stories as well — e ven in segments where activity was, overall, quite innovative.

Millennials 145

Millennials Lending System Data 145

PYMNTS

AUGUST 1, 2019

In that sense it might be hard to pick them out as innovative as first glance. I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. In many locations outside the U.S. Because if the term ‘less is more’ ever really made sense, it is for this generation.

Washington 109

Washington New York Millennials United States 109

PYMNTS

SEPTEMBER 16, 2016

The capital city is Mexico City, which alone is home to almost 9 million. The nation’s capital is also one of the world’s largest cities. The global accelerator has more than 40 Mexican startups in its portfolio, and Lomelî believes the capital will soon see its own tech explosion. A Fresh Start For Mexico City.

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

JULY 4, 2018

Winnie – like so many tech innovations – started out as an attempt by its two co-founders to solve their own problems. The latest round was led by Reach Capital with Rethink Impact, Homebrew, Ludlow Ventures, Afore Capital and BBG Ventures also taking part. million raised in late 2016. A Better Solution Than Google.

Google 115

Google social media Community Capital 115

PYMNTS

FEBRUARY 3, 2017

While much is made of online retail, most transactions still take place in-store. We have retailers looking at how to capitalize on that growth segment and connect those two channels.”. The SaaS platform enables retailers to very quickly and easily get into the business of digital and connecting online with in-store.”.

Retail 100

Retail Online Technology Examples 100

Bank Innovation

JULY 13, 2017

What it won’t be doing with the influx of $40 million in fresh capital (bringing its […]. The micro-investing startup will be enhancing its platforms as well as building out new products and services thanks to the Series C round of funding it announced today.

Analytics 210

Analytics Capital Data Millennials 210

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

MARCH 15, 2018

When Toys R Us first announced its bankruptcy a little under six months ago, it was with an almost upbeat tone: The move would allow the firm to refashion both its capital and operating structures and hit a reset on the business. Boomers vs. Millennials vs. Scammers . The Retail Death Spiral . It even managed to garner a $3.1

Payments 108

Payments Millennials US Fraud 108

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. In fact, according to our recent study, they come in dead last.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. Launched in 2014 as the firm’s lending arm, Square Capital has extended over $1 billion in working capital to over 100,000 small merchants.

Apple 110

Apple Capital Cards Payments 110

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12