PYMNTS

OCTOBER 24, 2019

London-based FinTech firm Revolut partnered with Visa to roll out a multi-currency travel debit card in Singapore, Visa said in a press release on Wednesday (Oct. The new card offers users the ability to spend overseas in over 150 currencies at the real exchange rate and without hidden fees. . by the end of 2019. Launching in the U.S.

Cards 112

Cards Millennials Survey Fintech 112

PYMNTS

MAY 23, 2018

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are kind of broke – and they might always be. While other generational groups also lost ground during the Great Recession, millennials as a group have largely missed the recovery.

Millennials 109

Millennials St. Louis Study Groups 109

PYMNTS

NOVEMBER 6, 2019

Venmo has also been adding features to differentiate itself, such as rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced 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

SEPTEMBER 20, 2016

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Holiday shopping may see an uptick this year, but Mintel, the global marketing intelligence agency, said it’ll be somewhat somber. Those millennials simply just say, “No, thanks.”.

Millennials 100

Millennials Online Groups Study 100

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. It will likely alter global markets and regulations as the financial ecosystem becomes more digitized.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

MAY 25, 2017

InComm , a leading prepaid product and transaction services company, released the results of its survey on purchasing and giving gift cards for specific events and special occasions. According to a press release , the survey found that 100 percent of the more than 500 respondents purchased one or more gift cards last year.

Cards 105

Cards Survey Millennials Data 105

PYMNTS

SEPTEMBER 30, 2020

Luxury retailers are also targeting millennial and Generation Z consumers to expand their customer bases, with one report showing that millennials accounted for 35 percent of high-end retail purchases, for example. Around The Buy Now, Pay Later World. billion this year — almost double last year’s total. About The Tracker .

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

JULY 13, 2018

In 1974, women won the right to apply for and control their own credit card with the passage of the Equal Credit Opportunity Act. It has made the millennial generation of women — either entering or settling into their prime spending years — something of a unique class of citizens when it comes to financial services.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

OCTOBER 8, 2018

Sixty-one percent of small businesses said they use commercial credit cards , a year-over-year decrease from 2017’s 71 percent. At the same time, more than two-fifths of survey respondents agreed that cash flow management is a daily concern, while more millennials said it’s a concern compared to their older peers.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. It is playing the sustainability card this year, with Fashion Footprint Calculator.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. Nearly three-quarters – or 73 percent – of surveyed consumers who use apps to purchase gas say they are likely to shop at the station’s convenience store. While apps are used for gas station payments by only 4.5 Almost half – or 49.4

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

JUNE 25, 2019

P2P and Millennials. Surveys and other types of reports are taking note of this apparent trend. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017.

Payments 115

Payments Marketing Millennials Trends 115

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

DECEMBER 10, 2020

According to PYMNTS’ new study, Buy Now, Pay Later: Millennials and the Shifting Dynamics of Online Credit , which surveyed nearly 15,000 U.S. BNPL may not be widely used today compared to other online payment options, but the same cannot be said for BNPL’s market potential, the study said. Consumers Want to See More BNPL.

Study 173

Study Millennials Survey Online 173

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Other interesting findings of the survey, which involved 2,000 U.S. 64 percent of Gen Zers like to pay with cash, as opposed to credit or debit cards or mobile payment apps.

Study 100

Study Millennials Retail social media 100

PYMNTS

APRIL 9, 2020

Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. More vexing still is the market potential of mobile wallets when compared to actual performance. The latest Mobile Wallet Adoption 2020 study notes that while penetration is good and the market potential for mobile wallets is estimated at $2.3 Et tu , Millennials?

Mobile 140

Mobile Apple Cards Millennials 140

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. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

FEBRUARY 20, 2020

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? For the Building A Better App: Banks And The Innovation Imperative Report , a collaboration with Ondot , PYMNTS surveyed more than 3,000 U.S. In fact, 24.3

Cards 146

Cards Data Management Mobile 146

PYMNTS

OCTOBER 1, 2020

The study surveyed more than 5,000 U.S. For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. Many payees want to use voice to direct disbursements to preferred bank accounts, credit cards, debit cards or digital wallets.

Trends 306

Trends Study Taxes Payments 306

FICO

MAY 17, 2022

You can read more about all the UK survey results in our Digital Consumer Banking and Fraud Survey – UK Results Ebook . Our survey also showed that some work may need to be done by banks to improve how consumers perceive the support offered in fraud cases. Millennials are the least impressed. by Matt Cox.

eBook 52

eBook Survey Fraud Millennials 52

Gonzobanker

OCTOBER 5, 2022

Bankers are obsessed with discovering the “secrets” of getting consumers to change banks, while market researchers feed that obsession with survey data that purports to reveal those secrets. Sadly, bankers are barking up the wrong tree, and most surveys do little to help those bankers understand consumers’ real behaviors and attitudes.

Survey 78

Survey Mobile ATM Cards 78

Gonzobanker

OCTOBER 5, 2022

Bankers are obsessed with discovering the “secrets” of getting consumers to change banks, while market researchers feed that obsession with survey data that purports to reveal those secrets. Sadly, bankers are barking up the wrong tree, and most surveys do little to help those bankers understand consumers’ real behaviors and attitudes.

Survey 78

Survey Mobile ATM Cards 78

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap .

Online 148

Online Payments Millennials Apple 148

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

PYMNTS

MARCH 2, 2018

Several major banks and FIs — including Bank of America, Discover and Wells Fargo, among others — offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. A 2019 PYMNTS survey found that 60.8 Detecting Fraudsters.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

DECEMBER 9, 2019

That’s particularly shocking because surveys now place around 73 percent of B2B decision-makers between the ages of 23 and 38 – and nearly 30 percent of people in this age range have never seen the inside of a bank. Statistical swarms of millennials and Gen Zers report never having used a paper check. Banking on Instant.

Millennials 130

Millennials New York City National New York 130

Gonzobanker

APRIL 4, 2024

According to a July 2023 survey of U.S. Both claims may be true, but the Cornerstone survey asked consumers who they had a checking or payments account with. of Millennials, 7.5% of the market, and JPMorgan Chase—the nation’s largest bank (in terms of assets)—counts 7.6% That works out to 8.1% of Gen Zers, 9.5%

Comparison 104

Comparison Fintech America Survey 104

PYMNTS

AUGUST 10, 2020

The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet. Only 13 percent of consumers and 8 percent of microbusinesses get their money through an instant payment to a debit card, credit card, digital wallet or prepaid card. We surveyed more than 5,000 U.S.

Report 228

Report Payments Millennials Cards 228

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet. with “Security.”.

Millennials 40

Millennials Fraud social media Survey 40

NCR

JUNE 15, 2017

The peer-to-peer (P2P) payments market has been getting crowded of late, and owners of iOS devices in the US will soon have a new option to choose from as part of the annual update to Apple’s mobile operating system. The post Apple takes on Venmo in P2P payments market appeared first on Banking.com.

Apple 53

Apple Marketing Payments Millennials 53

PYMNTS

JUNE 22, 2017

Nearly a third of consumers today make purchases from brands that reflect their social and environmental values, according to a recent survey. Aspiration markets itself as a digital-first financial firm that helps socially minded customers make a positive impact through products that make money and a difference at the same time.

Millennials 117

Millennials Digital Banking Survey Tools 117

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. Every market has different needs, wants and regulatory bodies overseeing it all.

Austin 186

Austin Cards Marketing Mobile 186

PYMNTS

OCTOBER 31, 2016

Disappointed millennials rejected by credit card companies. And based on how that market is trending, we’re pretty sure that will bring disappointment too, down the road. <haha> Millennials — Once Rejected, Twice Shy. Because there was lots of disappointment to go around last week. To auto loan refinance.

Data 100

Data Millennials Chicago Lending 100

PYMNTS

JANUARY 21, 2021

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. This digital shift coincides with consumers’ growing trend toward using debit cards for eCommerce as well as for brick-and-mortar purchases. A PYMNTS study on U.S.

Fraud 148

Fraud Strategy Study Cards 148

Tech and Finance

JUNE 14, 2018

In a recent blog at Articulate Communications I wrote about the number of surveys that public relations firms send out, and how useless many of them are. I just reviewed my Inbox to see what the recent evidence is…the results are below and include six surveys I have received so far today.

Survey 28

Survey Millennials Fraud Mobile 28

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. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

Millennials 73

Millennials Fintech Tools Fraud 73