Celent Banking

OCTOBER 10, 2016

A couple weeks ago I attended the Mobile Banking and Payments Summit in NYC for the first time. There’s still plenty of fragmentation in the market : Android is an open system utilizing Host Card Emulation (HCE), while Apple is a closed system using a secure element.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

SEPTEMBER 15, 2020

That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers. Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. Is a given FinTech looking ahead to technology shifts to things like real-time transaction cards?

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

APRIL 4, 2019

According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. It might mean incorporating innovative payment experiences like Zelle directly into their mobile offerings.

Mobile 169

Mobile Study Security social media 169

PYMNTS

MARCH 24, 2020

Mobile banking apps are designed to make digital banking more convenient for customers, yet 21.7 So what can financial institutions (FIs) do to improve their apps’ user experience (UX), and will making these changes help boost adoption and usage? percent of consumers who use these apps are dissatisfied with them. percent, 25.5

UX 150

UX User Experience Survey Meeting 150

PYMNTS

OCTOBER 15, 2018

Both solutions provide increased fraud protection to online transactions made via debit or credit cards. Mobile movements. was the migration of consumers to mobile shopping and banking transactions. percent of consumers now prefer to bank via mobile apps. Perhaps more important to the evolution of 3DS 2.0

Fraud 165

Fraud Security Mobile User Experience 165

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. It then added other gifting mechanisms, like prepaid and gift cards. They can grow the platform by building on top of it, allowing for a ton of new experiences.”.

Cards 121

Cards Millennials User Experience Video 121

PYMNTS

OCTOBER 25, 2017

Differentiating a banking and mobile payments platform from its competitors can seem like an impossible task. For this week’s Commander in Chief series, PYMNTS talked with Rob Balahura, founder of Vouchr and advocate for the integration of social engagement with mobile money transfer. In the e-transfer world, it’s WeChat.

Mobile 100

Mobile User Experience Examples Millennials 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

MAY 4, 2017

Among the more popular players in the P2P space is Venmo, a mobile payment platform owned by PayPal. Earlier this year, Bank of America became the first major financial institution to introduce Early Warning’s Zelle into its mobile app as a way to compete with Venmo in the P2P space. million P2P transactions totaling $1.2

social media 104

social media Payments Millennials Mobile 104

PYMNTS

FEBRUARY 27, 2019

Millennial consumers probably wouldn’t be so generous. But data shows that what consumers increasingly do want is money pushed to them via the alias known as the debit card. Roughly 84 percent of consumers surveyed prefer the debit card to a mobile phone number or email alias. on a scale of 100.

US 134

US Cards Millennials Payments 134

PYMNTS

JANUARY 31, 2018

The survey from that identity assurance provider, conducted across 2,000 individuals, found that when it comes to applying for financial products at a financial institution (FI) — from checking accounts to credit cards — 40 percent of those online applications are never finished. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

SEPTEMBER 11, 2018

Is there a secret sauce for merchants to capture the evolving millennial? Those are the young consumers who are not that young anymore, and moving steadily toward the peak earning years of their lives — the consumers who have high expectations and are comfortable with everything mobile. Reaching Millennials. Many Screens.

Millennials 115

Millennials Mobile Branding Samsung 115

Fintech Labs Insights

MARCH 7, 2017

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

Cards Millennials User Experience New York 18

PYMNTS

MARCH 22, 2018

“The visual display brings assurance to the end user about the information that’s available so they can discern what step they’re going to take,” Riddle said. Visual supports a seamless user experience. We wanted to test that and play with the Echo versus the Echo Show to create an omnichannel experience.”.

United States 116

United States Payments User Experience Millennials 116

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking.

Retail 40

Retail Trends Millennials Mobile 40

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. As well as texting OTP to mobile phone when purchasing items. From Website: brandCrowder is a mobile, web-based “equity” crowdfunding platform. Then demo goes to mobile app where you can see investment ideas, recommendations, etc.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

JANUARY 8, 2016

May: Begins powering mobile app for Millennium Bank in Poland. Jumio : demoed credentials-management technology, Netverify, that turns mobile devices into ID document-scanning terminals. December: Wins Most Effective Mobile Payment Solution at The Effective Mobile Marketing Awards. FinovateFall 2015.

Innovation 12

Innovation Mobile Fintech Cards 12

PYMNTS

OCTOBER 16, 2017

That’s the key takeaway from a recent survey of 1,271 credit card holders exploring consumers’ motivation for signing up for credit cards with rewards. More than 27 percent of respondents said a card’s cash back incentive was the “main reason” they signed up in the first place, followed by rewards for travel-related expenses (21.1

Millennials 101

Millennials Branding Cards Retail 101

PYMNTS

DECEMBER 18, 2018

When you think about millennial couples today, they are unlike any previous generation. They live on their mobile devices. Apart from selection, Zola also claims its ability to pull and analyze consumer data is critical to building the right user experience and forecasting future sales.

New York City 166

New York City Branding Millennials User Experience 166

PYMNTS

JANUARY 2, 2017

The spring brought coverage of mobile advertising and payments on the go at food trucks as small, smart device-powered businesses, and in the fall, we looked at the biggest trends in digital security at the annual Money20/20 Conference in Las Vegas. Chime also makes an effort to reach millennials where they already shop.

Retail 123

Retail Millennials blockchain Mobile 123

William Mills

SEPTEMBER 7, 2016

Demoing – Bills for T-mobile – Brought in balance and due date. With CRMnext, replacing a lost card or request a new pin is a one button process. Provides mobile banking to banks and credit unions. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” These companies are making it easier to make a budget, invest, and buy stocks, as well as to get loans and credit cards. The secrets of user growth. Why the color green helped Mint convert more potential users.

Tools 78

Tools Millennials US Maine 78

Fintech Labs Insights

MAY 25, 2017

Calling itself a bank for people who live on their smartphones, banqUP is a digital neo-bank for small business that offers a business current account, credit and debit cards, and a hub of integrated financial solutions in a single, unified platform. We do not believe in a “one fits all” approach.

Digital Banking 20

Digital Banking Fintech Groups Analytics 20

Fintech Labs Insights

JULY 22, 2015

They make streaming, interactive, and sharable apps to run on desktops, browsers and mobile devices. BehavioSec transforms behavior into a transparent layer of security by monitoring in real-time the way users interact with their devices. Connectaclick lets you close deals anywhere, anytime.

San Francisco 12

San Francisco Video Fintech Data 12

PYMNTS

JUNE 4, 2020

Vaduvur Bharghavan , president and CEO of card services platform OnDot , recently talked with Karen Webster about what financial services will look like in the post-pandemic world — and why things will be very different than what came before. As VB stated, that’s because consumers are actively seeking out mobile services and apps.

Mobile 141

Mobile UX Cards Payments 141

PYMNTS

DECEMBER 11, 2017

But then again, maybe you think it’s not you; it’s those crazy, cord-cutting, mobile-centric, social network-tethered 18 to 24-year-olds who’ve given television the boot. And why do card networks and banks continue to hire actors and spokespeople to blanket the airways with clever ads that tout the merits of using their products?

Millennials 109

Millennials Video Maine Operations 109

Gonzobanker

DECEMBER 19, 2016

see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card. That kinda scares me.”.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card. Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed.

Utah 60

Utah System Community Marketing 60

South State Correspondent

JULY 19, 2023

Instead of producing a mass ad to stereotype all millennials, bank marketing AI now allows a level of precision to produce content that can appeal to a single individual or to a mass of customers with a single intent. Bank marketers that start training now will become AI operators in the very near future -measured in days, not years.

Marketing 195

Marketing Training Video Tools 195

Fintech Labs Insights

SEPTEMBER 1, 2015

Authy delivers proven fast-to-implement, highly scalable and reliable 2FA with an intuitive user experience and a powerful API. BehavioSec enhances security without impacting the user experience. Bleu’s vision is to change the payment experience and create new platforms for mobile transactions.

Company 12

Company Software Analytics Mobile 12