Remove Cards Remove Magazine Remove Millennials Remove Retail
article thumbnail

How Mobile Wallets Could Bring Security To Shoppers

PYMNTS

In terms of specific geographies, respondents in the Northeast prefer credit and debit cards the least at 47 percent, compared to respondents in the Midwest (64 percent), in the west (56 percent) and in the south (52 percent). An even smaller portion – 19 percent – of respondents shop at stores that have a digital wallet option for payments.

Security 140
article thumbnail

Qapital Raises $12 Million, Adds Debit Card Functionality

Fintech Labs Insights

Offering debit card functionality will not only drive users to the app, it will also lead to a new revenue stream from interchange fees. The company’s founders George Friedman and Erik Akterin plan to “rewrite the rules of retail banking” by helping millennials “translate money into happiness.”

Cards 18
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials

Fintech Labs Insights

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. imaginBank provides customers with a complete array of financial services such as a commission-free current account, a Visa imaginBank debit card, and PFM tools, as well as up-to-date mobile and P2P payment technology.

article thumbnail

The Coming Millennial FinTech Crisis

PYMNTS

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

article thumbnail

Finovate’s 2015 Best of Show Winners Give Something to Tweet About

Fintech Labs Insights

mBank & i3D : demoed their interactive, digital retail-branch concept. Stratos : demonstrated its dynamic Stratos Bluetooth Connected Card and Digital Card Issuance Platform that analyzes card usage trends and interactively engages card members. December: Ciright One Purchases Stratos Card.

article thumbnail

Travel Curators Get Local And Personal

PYMNTS

Brockway noted that payments are handled through credit or debit card via Stripe technology , but the real magic happens after the consumer makes her reservations. For now, Brockway said her target market is millennials and young families who are digitally savvy, as “this is definitely a new type of intermediary in the travel space.”

Regional 144
article thumbnail

First Wave of FinDEVr Silicon Valley Presenters Revealed

Fintech Labs Insights

In the meantime, get to know the innovative established and startup organizations below: 1787fp’s mobile financial app helps millennials and young professionals track their finances and manage investments through one unified financial planning tool. We’ll announce the remaining stealth companies over the next two months.