PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. Et tu , Millennials? Noting that Apple Pay enabled $4.5

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

AUGUST 13, 2019

There are still holdouts today, but most of them are older — the desire for a physical copy doesn’t make as much sense to millennials, Burkhart noted. Unlike regular card fraud, where something of value in the physical world has been stolen, the marginal cost of refunding the purchase of a digital magic wand is relatively low.

Online 155

Online Video Fraud Examples 155

PYMNTS

OCTOBER 21, 2020

The consumer electronics side excludes some key brands, such as Apple, Samsung, Dell, Google and Sony. To expand gently used gear to more members across the country, REI launched its online reCommerce business in 2018, supplementing its members-only Garage Sale events in its stores. The effort is loaded up with product guarantees.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

DECEMBER 22, 2018

The online retailer sold smaller versions of the trees last year, but online orders of Christmas trees made up only a small portion of overall sales of the trees. It’s always been easy to buy an artificial tree online,” Hundley said. Now it’s easy to buy a real tree online.”. Digital Boost For Old Traditions.

Industry 134

Industry Millennials National Online 134

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JULY 21, 2017

The data also shared that 56 percent of millennials do not feel comfortable carrying cash in their wallet, which could be due to concerns of either spending it all too quickly or losing it. Finance’s Head of Cards, Richard Koch, commented on these findings and shared future projections for this trend.

Payments 143

Payments Apple Cards Samsung 143

PYMNTS

AUGUST 9, 2019

For Mastercard , the acquisition furthers its continued strategy to move well beyond cards, to deepen its presence in account-to-account activity and to extend its position beyond credit and debit cards. Weddings, the Millennial Way? Why Mastercard Acquired Nets. Bank Regulators Probe Amazon Cloud. Trackers and Reports .

Apple 115

Apple Virginia Regulation Millennials 115

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

PYMNTS

DECEMBER 7, 2017

In another blow to online artisan marketplace Etsy, Amazon is pushing its own artisanal wares this holiday season by offering last-minute, one- and two-hour Prime Now delivery through Christmas Eve on items from its Amazon Handmade marketplace. Vietnamese hackers have tricked the iPhone X’s Face ID user authentication technology — again.

Apple 111

Apple social media Google Video 111

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

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

JULY 30, 2019

Millennials and members of Generation Z are particularly comfortable with voice-activated devices , with 25 percent of consumers aged 16 to 24 using smartphone-based voice assistants such as Siri or Cortana. Bensen processes each request, learns customers’ favorite orders and charges the appropriate card registered with Amazon or Google.

Technology 119

Technology Mobile Google Software 119

PYMNTS

AUGUST 25, 2017

With all that extra money they would have been spending on avocado toast, millennials will surely be diving into homeownership any day now. Amazon Top Up In-Store ” lets customers change cash into online store credit at any retailer that offers a Paypoint register. Alexa Claims More Territory. After launching Amazon Cash in the U.S.

Millennials 109

Millennials Online Retail Apple 109

PYMNTS

JULY 10, 2019

Kohn said that he felt like Asian flavors were on trend after research, especially with millennial crowds and those in the demographic looking for out-of-the-box flavor profiles. When it comes to eCommerce, the company launched about four months ago and initially started with a website for online sales. The Meat Snack Market.

Innovation 140

Innovation Payments Millennials Retail 140

PYMNTS

OCTOBER 15, 2018

These delivery people would come in with a debit card to pick up an order — and, at first, my hostesses and wait staff were asking ‘what is Postmates?’” It’s been fascinating to see, even in our early efforts in Pasadena, that the difference between killing it and struggling can really come down to a brand’s online personality.

Millennials 145

Millennials Branding Online Retail 145

Accenture

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. Trust is central to any bank’s relationship with its customers. What the future holds.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JUNE 6, 2018

When Shake Shack announced it was debuting a digital-only location , it seemed likely enough that it would work: Its clients are urban-based, largely millennial and demonstrably mobile order-ahead friendly. Only debit and credit cards. This is bad for high school kids and people that do not have a debit card or credit card.

Mobile 116

Mobile Cards Innovation Millennials 116

Gonzobanker

JULY 31, 2017

Are mobile wallets a threat to PayPal’s online payment dominance? In the past two weeks, PayPal has signed agreements with Chase, Citi and Bank of America, in addition to expanding its deal with Visa to issue Visa debit cards in Europe. Mid-Size Financial Institutions Must Pivot, Too.

Samsung 70

Samsung Apple Mobile Online 70

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

Cards 169

Cards Course Study New York 169

PYMNTS

OCTOBER 31, 2019

However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud. Such heightened connectivity might make online shopping more convenient, but it also comes with risks.

Fraud 100

Fraud Retail Online Meeting 100

PYMNTS

JANUARY 29, 2019

Noting the breadth and depth of services and consumer experiences that CUs have delivered through traditional channels, Fagan added that “they’re going to have to build those solutions that replicate those experiences online, and, in so many cases, it’s difficult for a credit union to do that individually.”

Innovation 176

Innovation Fintech Data Community 176

MyBankTracker

AUGUST 26, 2020

Prepaid debit cards. Prepaid debit cards are also popular for money management at a young age. At the core, these cards operate similarly to teen checking accounts. These prepaid debit cards may allow multiple debit cards for multiple children on a single account. Authorized users on credit cards.

Survey 52

Survey Cards Study Examples 52

PYMNTS

JULY 11, 2016

In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. In 2003, the majority of the online shopping was done at the desktop at the office when the boss wasn’t looking, and that experience included laboriously typing in card credentials at every site.

Google 100

Google Mobile Apple Online 100

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

DECEMBER 20, 2019

Visa says cybercriminals are using new strategies to steal credit card information from around the country. Consumers rely on the reviews of other customers, a dependence that has only grown deeper in the age of online shopping and travel. Millennials Make Big Push For B2B Personalization. Priceline Uses AI To Help Fight Fraud.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. Carrier billing allows uses to make online payments. Meanwhile, consumers in Asia have no such qualms, while the U.S. But In the U.S.,

Mobile 100

Mobile Payments Apple Samsung 100

NCR

MAY 9, 2017

Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank. Google has over 2.8 FIs face shifting consumer tastes and are compelled to act quickly. million apps.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

JUNE 18, 2018

“[In the broader retail landscape], behavior is changing, and guests are more comfortable consuming and purchasing things on their phones and online,” Gladstone said. The restaurant chain is recognizing the growing importance of offering mobile order-ahead and online ordering channels, however.

Mobile 100

Mobile Online Strategy Technology 100

PYMNTS

OCTOBER 9, 2017

Whether it’s Netflix or Spotify, Farnsworth explained, millennials prefer subscription services for their anytime, on-demand access and the seamless experiences they offer. Once a show has been selected, MoviePass credits the user’s linked Movie Pass debit card with the full cost of the ticket. The service first cost its users $49.95

social media 101

social media New York City Cards Google 101

Independent Banker

NOVEMBER 25, 2015

The nonbank payment options PayPal, ApplePay, Google Wallet, Starbucks, Kickstarter and Square are household names. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch.

Community Bank 70

Community Bank Community Analytics Lending 70

Long Lasting Ideas

JANUARY 5, 2015

In the age of Apple Pay, Google Wallet, and online banking, the old assumptions are shattered. A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Get out of the office.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

MARCH 8, 2018

What are some of the road blocks in removing friction from current payments processes on mobile and online? Dorchester offered Google Wallet as an example of a technology that’s prevalent in the consumer space but is not even close to ubiquity among merchants, which limits its usefulness to consumers.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

DECEMBER 30, 2020

Robinhood offers an easy-to-use app to trade stocks commission-free, making the company popular with millennials. Petco said the upgrades include a focus on curbside pickup, same-day delivery, online appointment booking for veterinary care and more. Rival online pet supply firm Chewy staged a successful IPO last year.

Marketing 198

Marketing Company Online Management 198