Cards Comparison Fraud Millennials 
PYMNTS
FEBRUARY 21, 2020
Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.
PYMNTS
JANUARY 22, 2020
“Over the last years, that shift [has intensified],” Parsons said, noting that about two generations ago, the first payment card was not even plastic, but paper — something most consumers today are unable to recall or likely believe. Trust Issues. Trust, too, is another issue where things might not be so clear or easy for merchants.
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CB Insights
JULY 25, 2019
Fintech is often associated with digital tools targeted at tech-savvy millennials. Fintech cos are trying to prevent fraud. Many employers no longer offer traditional pensions the way they used to — in fact, less than 5% of Fortune 500 companies offer pensions to employees today, in comparison with 50% two decades ago.
PYMNTS
JUNE 25, 2019
P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. About a fifth, by comparison, had used Venmo for gambling. About a fifth, by comparison, had used Venmo for gambling.
PYMNTS
SEPTEMBER 30, 2019
trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Marketplaces need to approach fraud and counterfeit protection in new ways as cybercriminal and consumer preferences continue to shift.
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 Just under $3 billion – or $2.7 billion in 2017. billion in losses around the world last year.
PYMNTS
DECEMBER 24, 2019
By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. The company has an option to transfer money to the bank without a debit card for the same fee. Discover announced that it will start issuing contactless cards over the next several months.
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