PYMNTS

MARCH 24, 2020

Chinese smartphone manufacturer OnePlus said it would debut its mobile payment system this year when its OnePlus 7T series of mobile phones rolled out in September 2019. The company’s mobile payment platform is now said to be live in China, GizChina reported.

Mobile 108

Mobile Payments United States Cards 108

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

MARCH 1, 2018

Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

NOVEMBER 6, 2019

bank account have access to Zelle in their mobile banking app,” Lou Anne Alexander, group president, payments solutions at Zelle operator Early Warning, said in a press release. Square also offers small business loans and has a Visa debit card linked to the app, which lets users treat it like a bank account.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. Do FIs want to navigate card programs through that?”. Near-Term Challenges.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141

Retail Cards Millennials Fraud 141

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. New Visa Alliances Help FinTechs Launch Payments Solutions. Visa is working with four global finance firms to help FinTechs issue digital and plastic payments. Top News

Millennials 101

Millennials Colorado Google Leadership 101

BankBazaar

AUGUST 7, 2019

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. Access to credit products such as Credit Cards and loans may be rather easy today, but it wasn’t the case till a few years ago. Building awareness among millennials.

Millennials 60

Millennials System Lending Trends 60

PYMNTS

DECEMBER 19, 2019

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, TechCrunch reported on Thursday (Dec. Few people have credit scores, which banks depend on when extending loans.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Synctera Brings 'FinTech As A Service' To Community Banks. Fun, Cool And Otherwise Interesting.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

NOVEMBER 19, 2020

He said it is important to provide “a seamless shopping experience across channels that also includes flexible, mobile payment options at checkout,” especially given the massive presence of smartphones in peoples’ lives. With this year's investments, Klarna was propelled to be the continent's highest-valued private FinTech.

US 186

US Millennials Branding Retail 186

Bank Innovation

AUGUST 10, 2016

It’s not just millennial customers banks are adjusting to today — it’s millennial employees.

Millennials 150

Millennials Strategy Technology Online 150

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

OCTOBER 22, 2020

On the consumer side of the equation, of course, higher mobile device penetration and internet connectivity mean that consumers can take advantage of those new offerings. That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers. Debit cards work virtually. Challenges .

Fintech 169

Fintech Capital Innovation Data 169

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. get the 86-page fintech report.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

OCTOBER 23, 2020

Morgan Chase is banking on QuickAccept to edge out FinTech rivals Square and PayPal. JPMorgan Chase is banking on QuickAccept to edge out FinTech competitors PayPal and Square. Small and medium-sized businesses (SMBs) can accept payments via a mobile program or touch-free card reader with QuickAccept and get the funds immediately.

Apple 149

Apple Maine Millennials Bitcoin 149

Gonzobanker

OCTOBER 5, 2022

A consumer study from S&P Global—which asked mobile banking users which mobile banking features might get them to switch banks—reveals the contradictory responses consumers often provide. So why aren’t millions of mobile banking customers switching to those banks? SOURCE: S&P GLOBAL. Why Did the Switchers Switch?

Survey 78

Survey Mobile ATM Cards 78

Gonzobanker

OCTOBER 5, 2022

A consumer study from S&P Global—which asked mobile banking users which mobile banking features might get them to switch banks—reveals the contradictory responses consumers often provide. So why aren’t millions of mobile banking customers switching to those banks? SOURCE: S&P GLOBAL. Why Did the Switchers Switch?

Survey 78

Survey Mobile ATM Cards 78

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

Let's Talk Payments

APRIL 11, 2016

The payments and banking world needs to speak a different language for the mobile generation of millennials. This is the generation that expects instant gratification: if you press a button that.

Millennials 40

Millennials Community Fintech Mobile 40

Bank Innovation

AUGUST 23, 2017

EXCLUSIVE – Add another financial wellness app to the list, millennials. Douugh, a fintech company that uses artificial intelligence (AI)-based to provide financial guidance, launches today. The AI-based platform is guided by Sophie, a 24/7 personal assistant for finances.

Marketing 230

Marketing Millennials Innovation Fintech 230

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Their perception of banking, aside from ATMs, is entirely app-based – and mobile. That’s the picture emerging as B2B payments hustle to catch up to consumers who ran off giddily with P2P and the FinTechs. Embarrass­­­ing, sure. The Big Gig.

Millennials 130

Millennials New York City National New York 130

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

FEBRUARY 13, 2020

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. Among the key focal points for NCR looking ahead lies expanding card management and commerce capabilities. It’s really about extending out the capability of your card to the commerce ecosystem,” he said.

Millennials 231

Millennials Digital Banking Mobile Course 231

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 Rise of the Digital Bank.

Millennials 45

Millennials Data Study Digital Banking 45

PYMNTS

MARCH 2, 2020

Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services. Among bridge millennials, Americans biggest earning and spending demographic, the figure jumps to 41 percent. Emerging Entry Points.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

Company 100

Company Online San Francisco Payments 100

PYMNTS

DECEMBER 27, 2019

Strong balance sheets in key areas like credit card debt ($64.4 Specifically, the metamorphic impact of mobile open banking and instant payments has been the first real test of the trust bond that holds CUs together. billion), car loans ($382.9 billion) and mortgages find most credits unions on solid footing as 2020 begins.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today. Ally Financial Inc.’s

Retail 170

Retail Millennials Marketing Strategies Strategy 170

PYMNTS

OCTOBER 8, 2019

The Millennial Challenge. Among the greatest opportunities for CUs lie some significant challenges, too — namely, tapping into and serving the financial needs of millennials. Pairing those strengths with robust credit card offerings, he said, helps CUs market a full suite of financial offerings that are comparable to marquee FIs. “As

United States 102

United States Millennials Course Lending 102

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. And they are incredibly mobile-connected – particularly when it comes to making choices about purchases, according to PYMNTS research. That presents ample opportunity for mobile retail. Digital Banking.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JUNE 17, 2019

FPS aims to enable users to make instant person-to-person (P2P) transfers using personal identifiers like mobile phone numbers, including between two parties who belong to different banks. Therefore, we predict that the consumption of financial products and transactions with them will increasingly occur through mobile devices.”.

Payments 201

Payments System National Mobile 201

PYMNTS

AUGUST 4, 2017

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

DECEMBER 22, 2016

According to Chris Britt, CEO of mobile-first banking platform Chime, consumers are getting frustrated with larger, traditional financial institutions. PYMNTS.com spoke with Britt in June about how digital banking is appealing to millennial customers. The millennial advantage. Doing what the big banks won’t?

Millennials 100

Millennials Digital Banking Mobile Industry 100

PYMNTS

MARCH 3, 2020

Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications.

ATM 151

ATM Fraud Study Regional 151