PYMNTS

APRIL 4, 2018

For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that it leaves around half of all Americans with only a few options: a credit card with expensive strings or no credit at all. Who Petal Serves.

Cards 133

Cards Regulation Groups Branding 133

William Mills

APRIL 7, 2016

Observing the financial struggles their parents endured, the millennial generation — those born between the early 1980s to the early 2000s–have developed a different point of view about finances and the financial industry than those of the baby boomers or Generation X.

Millennials 40

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PYMNTS

DECEMBER 4, 2018

For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items. These perks have been an advantage for credit cards, but could that erode as, say, Alipay offers integrated loyalty programs? The Millennials Cometh.

Payments 191

Payments Millennials Cards Course 191

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

Jeff For Banks

APRIL 4, 2024

Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Now the oldest millennial is 43 (see table by Statista).

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NCR

MAY 11, 2016

Knowing how to make, manage and invest one’s money has long been the key to financial security and stability, but what was once a relatively linear road map for many generations has shifted with Millennials. Even lower on the list is retirement, with only 13 percent of Millennials believing that retirement is a priority.

Millennials 40

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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. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

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

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PYMNTS

MAY 31, 2017

Debit cards, default cards, banks both bricks-and-mortar and digital. In short, how to tangibly capitalize on the tangible? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash.

ATM 100

ATM Millennials Cards Management 100

BankBazaar

MAY 31, 2022

Traditional Credit Card lenders are not far behind. . Millennials and Gen-Z are increasingly looking for flexible modes of payment that allow them to pay back at their convenience. Additional Reading: Confessions Of A Shopaholic | How To Curb Your Spending Habits . Why Choose BNPL Over Other Payment Methods? .

Millennials 78

Millennials Payments Cards Online 78

PYMNTS

MAY 1, 2020

A digital-loving millennial, John, searches our website to find the type of account he wants and chooses to open it online,” Vas Nunes said. “As As we map out John’s process, we go step by step to examine what he’s trying to accomplish, how easy it is and how he’s feeling.”.

Arizona 159

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PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. Additionally, she noted, that innovation must address the needs of both baby boomer and millennial consumers alike, along with the needs of smaller businesses. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

SEPTEMBER 15, 2017

According to Orloff, LendUp and Beneficial State came up with the idea to offer a socially responsible credit card product several years ago, but it only came to market this spring. Millennials , she noted, tend to enter the credit system with a bang once they start having families. It takes a partnership to make it work,” Orloff said.

Fintech 198

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PYMNTS

NOVEMBER 20, 2019

healthcare market, which is continuously at the center of debate regarding how to expand access and manage treatment costs. They also deliver more seamless experiences that consumers — and millennials in particular — have come to expect. Frictions are rampant in the U.S. percent increase from the previous year.

Payments 111

Payments System Cards Marketing 111

PYMNTS

JANUARY 10, 2020

David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo. independent sales organizations sold terminals and card processing, mostly to brick-and-mortar merchants. Are Virtual Cards The Future Of B2B Travel Payments? How To Win The $1.4T

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

JUNE 26, 2020

said John Elliott , head of open banking at banking and wealth management group Investec. Last year, I met four or five different businesses that are looking at utilizing open banking data to improve data collection efficiency, but not just the parts around how you collect your money, but also the curative parts,” he said.

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System Data Security Examples 198

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Chinese eCommerce platform Alibaba recently debated how to adapt its platform to better support North American small business vendors.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

NOVEMBER 8, 2017

Millennials are taking a mobile-first approach to banking, driving that transformation. However, older populations — and even millennials — still need the services provided by bank branches. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that. Demographics are changing in the U.S.,

ATM 126

ATM Strategy Mobile Millennials 126

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel .

Maine 130

Maine ATM Innovation Millennials 130

BankBazaar

MARCH 18, 2020

Here’s how you can do a thorough check of your current financial scenario: Check Your Credit Report. Your credit report contains vital information about your Credit Card(s) and Loans. By going through it, you’ll know if you’ve been missing any Credit Card payments or loan EMI payments. Review Your Savings Plan.

Cards 78

Cards Millennials Report Branding 78

PYMNTS

JUNE 8, 2016

As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them. This is due, in large part, to our pioneering partnerships with FinTech companies and card program managers. PR: First, we look in our own backyard.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

AUGUST 11, 2017

Over-the-top (OTT) media services started as an alternative for millennials who didn’t want to (and often couldn’t) pay $150 per month for a bloated cable package full of channels they didn’t want just so they could watch a few shows they cared about. Enter Netflix. It dominates because it’s the best at what it does. And he’s not alone. “If

Millennials 100

Millennials Fraud Video Company 100

PYMNTS

JANUARY 3, 2017

credit cards, 1.3 debit cards and 1.3 store affinity cards. And of those 500 users, 38 percent said card usage is driven by how much cash they have on hand; another 25 percent said their choice to use plastic is driven by the rewards that come with those chosen payment methods.

Retail 137

Retail UX Cards Branding 137

PYMNTS

FEBRUARY 4, 2020

A quick survey of the most recent edition of the PYMNTS Buy Now, Pay Later Tracker indicates that a genuine sea of change is rising when it comes to how merchants want to interact with their customers, and how consumers want to manage their transactions. But how to offer it as an option, can be tricky.

Austin 186

Austin Cards Marketing Mobile 186

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

PYMNTS

DECEMBER 28, 2018

Pierce said the consumer data shows that 13 percent of credit union members have been a victim of card fraud , and 4 percent have had their identities stolen in the last year alone. In many cases, these mobile payments are backed by the same cards they are using in stores,” Pierce said. “So, They are using cards.

Fraud 131

Fraud Mobile Security Cards 131

Gonzobanker

OCTOBER 31, 2018

In their efforts to empower branch employees to evolve and support the client’s desire to bank virtually, branch managers need to make sure customer-facing employees are prepared to answer these five basic questions: How do the institution’s Internet banking and mobile products work? What happens when customers use their debit cards?

Training 84

Training Fraud Management Tools 84

PYMNTS

JULY 23, 2018

Or are the 27 percent of the population — those high-income Bridge Millennials and Gen X-ers with college degrees who are steps away from financial catastrophe — happy, even if they do report feeling more positive about the stability of their financial situation than they did this time a year ago? Sixty-six (66) percent have credit cards.

Cards 122

Cards Groups Report US 122

BankBazaar

SEPTEMBER 1, 2020

For instance, banks will readily offer you Credit Cards with a high credit limit. Additional Reading: How Much To Save Each Month. Successively big expenses on your card can be difficult to pay back. Because, firstly, Credit Card debt attracts high interest rates. Secondly, doing so will affect your Credit Score.

Exercises 78

Exercises Millennials Cards US 78

Social Assurance

JULY 12, 2016

Millennials are known for being this young and reckless generation who have no idea how to handle their finances. I constantly see online articles talking about how millennials have no money saved for retirement or how fewer millennials have bank accounts compared to previous generations.

Millennials 12

Millennials Groups Marketing Cards 12

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. some financial institutions (FIs) see a need to innovate how their consumers access cash. Once the code is entered at an enabled ATM, he or she can access the cash without using a debit card. Given its high usage in the U.S., Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

Insights on Business

FEBRUARY 27, 2019

Think of the changes in the past ten years in terms of how we deal with our banking needs. It is hard to remember how we managed with the rudimentary tools of ten years ago; so turn on your imagination and wonder what banking will be like ten years from now. How should banks prepare for the digital future? Make it smart.

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

CB Insights

OCTOBER 10, 2018

Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JUNE 17, 2019

The solution offers invoice generation and submission and the ability to manage expenses. Among other features, according to the announcement, the app sports the ability to connect those workers with Mastercard business cards and direct debit functions. ” The Mobile Banking Advantage.

Taxes 108

Taxes Mobile Software Big Data 108

Independent Banker

OCTOBER 29, 2014

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? Epperson, a managing director at the global business advisory firm AlixPartners LLP. s entry into the payments business with Apple Pay. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

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?’” After informally questioning his millennial sons, then more formally studying the phenomenon, Collins found the statistic was far from impossible.

Millennials 145

Millennials Branding Online Retail 145

PYMNTS

OCTOBER 25, 2017

Our team’s backgrounds are [in] Facebook, EA Mobile, Ubisoft and Snapchat, so that has given us a lot of insight [into] how to engage people on mobile. That has potential to replace the entire gift card business as we know it. What is the biggest unfulfilled potential of mobile, and how are you helping your organization realize it?

Mobile 100

Mobile User Experience Examples Millennials 100