PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MARCH 2, 2020

This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. Checks have been common in temporary staffing, but disbursements to reloadable debit cards are drawing new interest. rose from 3.1 million by 2022.

Cards 130

Cards ATM United States Payments 130

PYMNTS

JULY 1, 2020

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. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

DECEMBER 31, 2019

Might the coming year be marked by innovation at the point of sale (POS)? shoppers “finally [beginning] to embrace mobile payments and contactless cards to pay in-store.”. That shift will be driven, in part, by more card issuance from banks, said Garg. Here Come The Millennials.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

JUNE 16, 2016

It’s no wonder why retailers love gift cards – they are known to drive foot traffic, increase revenue, boost their customer base and complement retention efforts. But as consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare?

Retail 100

Retail Cards Fraud Data 100

PYMNTS

JUNE 25, 2019

But amid that growth is a fresh trend that could present challenges for law enforcement — the use of such payment methods for illicit transactions, including drug deals. P2P and Millennials. A possible limit to Zelle’s service — at least, for the time being — is its status as a payment method that relies on bank rails, not card rails.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

NOVEMBER 13, 2019

Retailers are under constant pressure to evolve and innovate,” he told PYMNTS, “and they have to make sure the user feels good about the whole experience on an ongoing basis.”. That’s especially true with the continued rise of millennials, who seek instant engagement from the brands with which they interact. That’s just not engaging.”.

Millennials 118

Millennials social media Retail Cards 118

PYMNTS

JUNE 26, 2020

What we are seeing [is] continual innovation in terms of services and offerings for corporates and for individuals that are being built utilizing open banking rails.”. Some of these innovations include improved data gathering capabilities and heightened protection against financial crime. Open Banking Prevents Data Exposure.

System 198

System Data Security Examples 198

PYMNTS

JANUARY 19, 2018

Fifty dollars, a paper check or a gift card stuffed into a greeting card feels very impersonal, and is largely saved by the fact that it can be delivered in person. The Chinese have a tradition of presenting cash in a red envelope to make it feel a little more special. which is a win for both parties.

Cards 121

Cards Millennials User Experience Video 121

PYMNTS

JANUARY 9, 2020

Issuers sent cards to consumers and providers sent point-of-sale (POS) devices and terminals to merchants. But the lines of commerce have blurred, presenting both challenges and opportunities for merchants to engage with their targeted shoppers. Bringing consumers and merchants together used to be a fairly straightforward process.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

AUGUST 24, 2018

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Consumers go Buehler’s , Giant Eagle or Kroger locations to buy the lottery card.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. percent innovating to improve business analytics.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

OCTOBER 22, 2020

And with a nod toward capital market innovation, Bergeron predicted “a lot of money will run to them until there’s too much money in them.”. Debit cards work virtually. Any drive toward innovation, towards leveraging data, must balance the use of that data with data privacy. Looking Toward Growth (And Fundamentals).

Fintech 169

Fintech Capital Innovation Data 169

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Competition among airlines, hotels and travel agencies is fiercer, but all these platforms are approaching travel innovation in similar ways.

Industry 168

Industry New York City Online Security 168

PYMNTS

SEPTEMBER 4, 2019

And Amazon is testing out a new payment system that uses handprints for checkout instead of a card or an app. Amazon is experimenting with a new payment system that uses handprints for checkout instead of an app or a card. Today in the payments news roundup, Mastercard announced it has joined the Marco Polo Network.

Apple 100

Apple Payments Millennials Security 100

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

NOVEMBER 16, 2020

Across generations, PYMNTS’ research found that 40 percent each of Gen Zs, millennials and bridge millennials (respondents born between 1979 and 1988) say that they either won’t or likely won’t get the vaccine, 25 percent more than those who say they very likely or likely will. The remainder were somewhat likely. Hopefully, many more.

Study 270

Study Retail Millennials Conference 270

PYMNTS

MARCH 5, 2017

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. Our partners, and 7-Eleven in particular, have always been very forward-thinking and innovative when it comes to this sort of payment technology market,” Kaplan said.

Technology 100

Technology San Francisco Analysis United States 100

Celent Banking

MARCH 16, 2015

Many presenters discussed developing non-traditional revenue streams. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g. One of the presentations used non-FI examples to look at how banks can approach integrating omnichannel into customer interactions. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

Independent Banker

NOVEMBER 25, 2015

It’s a worrisome and complicated dynamic that’s putting competitive pressure on community banks, but it’s also creating opportunities through data analytics, partnerships and the ability to innovate to meet evolving customer demands. “We This puts consumer data, and potentially credit ratings, reputations and bank accounts, in jeopardy.

Community Bank 70

Community Bank Community Analytics Lending 70

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

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Consumers still overwhelmingly rely on credit and debit cards and cash for payments and will for some time, even if a chip on the smartphone replaces plastic cards.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

OCTOBER 11, 2018

by 7 percent and 15 percent from his 2020 estimates, on the basis of what he identified as Snap’s two leading problems at present: sluggish new-user growth and slow growth in revenue per user. By tapping on that card, users will be taken to Amazon to complete their purchase before being sent back to Snapchat.

Apple 181

Apple social media Millennials Report 181

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. Solving for customers’ short-term liquidity needs without benefitting from overdraft fee income will be challenging, however, this shift presents opportunities for banks that are ready for it. Saving and Investing.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

APRIL 13, 2017

Technology and conventional wisdom can get things horribly wrong at the intersection of tech-driven innovation and commerce. Discussion over the ways to embrace and promote innovation — especially as it pertains to connected devices — spilled over into the investment and artificial intelligence realms as Prof.

US 102

US Innovation Data Security 102

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

SEPTEMBER 3, 2018

It’s not driven by the trend setting millennials and Generation Z shoppers or by the affluent — it seems to be age, generation and income-independent and geography-independent. That makes product discovery coupled with product innovation retail’s new playbook. It’s easy to lose those customers if you don’t keep innovating.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

JUNE 25, 2018

The Amazon Prime program at Whole Foods also works by linking a mobile number presented at checkout. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register. As one of the 90 million U.S. Both placed near the bottom of the list.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

DECEMBER 1, 2017

On the human side of the conversation, frustration ensues — and among millennials, it can turn into “Bye, Felipe,” as the customer churns out of whatever business created the bad experience. Specialized fields with their own unique jargon present, perhaps counterintuitively, a lesser challenge, if you ask Brown.

Examples 118

Examples Policies Millennials Technology 118

PYMNTS

APRIL 11, 2016

I was reminded of this phenomenon recently after scanning a bunch of stories that described a variety of “disruptive” innovations in payments. It’s also true that the tools available to innovators today make platforms easier than ever to create. Even payments cards charge both sides. iHeartDogs — The ‘Uber’ of dog walking”.

San Francisco 100

San Francisco Operations Examples Branding 100

William Mills

MAY 11, 2016

11:37 am William Mills, CEO of William Mills Agency, and Stephen Ramirez, CEO of Beyond the Arc, discuss major trends presented at this year’s Finovate and highlight key companies such as Malauzai Software, PayActiv and many more! Credit cards offer rewards but over 60% of payments are made on debit cards.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

SEPTEMBER 21, 2015

On the other hand, woe unto the unfortunate presenter who fails to grab the audience’s attention within the first 60 to 90 seconds. Often irreverent, but always ready to give a tip of the hat to true innovation, that’s our crowd and the truth is that our Finovate conferences just wouldn’t be the same without ’em.

UX 12

UX Fintech Innovation Community 12

PYMNTS

APRIL 11, 2016

A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. But that doesn’t mean every business is keeping up with the tech times or with every kind of technology.

Millennials 100

Millennials social media Software Cards 100

William Mills

MAY 11, 2016

The other presenter used the SAME username and password and it failed? Going to speak about technology can be better used in the card world. Card-linking – link to Facebook, BofA, other so you can get a targeted real-time discount offer. Millennials want their mortgages fast, rocket fast.” How does this work?

Video 40

Video Lending social media Analytics 40

PYMNTS

DECEMBER 12, 2017

At the dawn of the new millennium, consumers had only a few payment methods to choose from – cash, check or cards – and only a small fraction used them anywhere other than a brick-and-mortar storefront. All of this represents the focus of a new report, published by Visa: Visa’s Innovations For A Cashless World.

Payments 151

Payments Cards blockchain Innovation 151

PYMNTS

DECEMBER 2, 2020

Since the earliest days of human existence, the concept of trust has presented unique interpersonal challenges that are as trying in the digitized world of the 21st century as they were for ancient civilizations. Taken together, Carnecchia said his overarching message is one of optimism and patience.

Fraud 256

Fraud Branding Millennials Cards 256