PYMNTS

FEBRUARY 6, 2020

and has attracted more than 3,000 retailers to its partnerships. Sykes believes the attraction of online companies and uber-retailers it simple at one level. Klarna has melded New York Fashion Week glitz with experiential retailing this year. The changes in fashion retail are being driven by three dynamics.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

MARCH 6, 2019

There is no longer much tolerance, or enthusiasm, on the part of consumers for digging into one’s pocket to find money or a payment card, or doing the mental math (well, OK, a smartphone has a calculator) to figure out how much to tip a driver. Nowadays, one’s card is on file with the ride-hailing service. The Partnership Model.

Retail 148

Retail Payments Online Course 148

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

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. percent), credit cards (11.1 So what do BMs want from a gas app?

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. In fact, North America’s top 1000 online retailers have sold $143 billion worth of goods to customers outside the U.S.,

Fraud 124

Fraud Retail Online Study 124

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. and yes, this looks like card data breach. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

US 206

US Retail Millennials Trends 206

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. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. credit cards, 1.3 debit cards and 1.3 store affinity cards. credit cards, 1.3 debit cards and 1.3 store affinity cards. Rewards can help lure customers to a brand and keep them there.

Retail 137

Retail UX Cards Branding 137

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S. rose from 3.1

Cards 130

Cards ATM United States Payments 130

PYMNTS

DECEMBER 31, 2019

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. Fagan predicted that contactless card adoption will also spur mobile wallet use. Here Come The Millennials.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

DECEMBER 10, 2020

With providers such as Bill Me Later / PayPal Credit, Afterpay, Affirm, Klarna and FuturePay all vying for a larger slice of the BNPL pie, as well as further availability through retailers online and in-store, it's no wonder why this payment choice is on the rise. The fact is, shoppers frequently choose BNPL because they like it.

Study 173

Study Millennials Survey Online 173

PYMNTS

JULY 31, 2019

s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. especially in urban areas and among millennials,” said Andrew Quartermaine, vice president, ACI Worldwide. retailer to introduce both chip-and-pin and contactless cards in the U.K. One of the U.K.’s

Retail 139

Retail Millennials Mobile Operations 139

PYMNTS

JANUARY 21, 2021

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders.

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. Of course, large retailers, too, are continuing to invest in accelerating their investments in their digital experiences. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control.

Payments 262

Payments Security Millennials Retail 262

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. Many presenters discussed developing non-traditional revenue streams. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

AUGUST 23, 2019

Corporate eCommerce card company Brex recently announced a partnership with leading SaaS eCommerce platform BigCommerce. Amazon continues its commitment to expanding into India with the purchase of a 49 percent stake in Future Coupons, which is owned by India’s second largest retail chain, Future Retail.

Marketing 116

Marketing Millennials Payments Compliance 116

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 22, 2020

The overall cautiousness and sense of financial prudence, he said, can be seen in the fact that consumers are embracing debit transactions over credit, using cash on hand rather than choosing to build their liabilities on a credit card. That's what the millennial and younger consumer prefer to use.”.

Cards 308

Cards Maine Millennials Course 308

PYMNTS

NOVEMBER 13, 2019

In an interview with PYMNTS, Mladen Vladic, general manager of loyalty solutions at Fidelity National Information Services ( FIS ), said bridging the gap between a satisfied customer and a loyal one is a matter of urgency for firms across all verticals, but especially for retailers. That’s just not engaging.”. The Mechanics.

Millennials 118

Millennials social media Retail Cards 118

South State Correspondent

AUGUST 16, 2023

Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. Consumer Credit – Auto Loan The lack of inventory, higher rates, and higher prices present a confluence of events that we have not seen before and are likely to cause greater bank model inaccuracy. Unsecured personal loan usage is up 21%.

Trends 195

Trends Cards Capital Data 195

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. That is helpful especially for “millennial and Generation Xers,” he said. Christmas Tree Landscape. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 9, 2019

Holiday spending has changed over the past decade as digital payments began to filter into the retail world. Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. Retail is all about conversion. Such connections could include buy now pay later (BNPL) solutions.

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

AUGUST 24, 2018

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103

Ohio Mobile Cards South Carolina 103

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

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

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. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

OCTOBER 30, 2019

Marketplaces (as well as financial services firms, grocery retailers and other businesses), therefore, must step up their protections against the wave of online attacks. Card-not-present (CNP) fraud is a particularly sizeable threat, and fraud is increasingly afflicting eCommerce and cross-border trade. over the past two years.

Fraud 101

Fraud Millennials Resources Tools 101

PYMNTS

MARCH 1, 2017

Klarna announced its partnership with online mattress retailer GhostBed to integrate an instant financing solution into the merchant’s existing checkout system. GhostBed customers are now presented with two Klarna financing options at checkout along with the ability to purchase using their existing credit or debit card.

Customer Experience 100

Customer Experience Millennials Branding Cards 100

PYMNTS

APRIL 25, 2017

According to the National Retail Federation’s (NRF) fourteenth annual survey, consumers are set to spend a record-breaking $23.6 billion on gift cards (45 percent). The research also found that the type of Mother’s Day present bought depends on the age of the daughter or son. billion this year, up from $21.4

Analytics 101

Analytics Survey Millennials National 101

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. And cash’s popularity isn’t limited just to retail purchases. He also noted that the company’s retail partners often have a history of embracing new types of payment methods.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

MAY 29, 2020

In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JUNE 7, 2019

Spencer McLain, vice president, EMEA at Whitepages Pro, told PYMNTS that these merchants will start seeing declines on European-based transactions if they are not exempt by falling under certain thresholds, or if they do not apply 3D-Secure authentication methods to verify card-not-present transactions.

Fintech 101

Fintech Study Online Retail 101

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

NOVEMBER 8, 2017

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Millennials are taking a mobile-first approach to banking, driving that transformation.

ATM 126

ATM Strategy Mobile Millennials 126

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