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

JANUARY 27, 2021

Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets. Looking Beyond Credit Cards. This financing option could appeal to even financially secure consumers who wish to avoid credit card interest rates.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

OCTOBER 1, 2019

The steady drumbeat of tech has brought purchasing from bills and coins to cards and contactless payments – done across all manner of devices and through pushes, taps, swipes and waves, at any time. percent of the bridge millennials and 42.2 percent of bridge millennials were interested, up from 35.4 percentage points to 31.3

Millennials 140

Millennials Payments Study Groups 140

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. Gen Zers are also cautious of shopping at retailers who have had past security breaches, according to the study, with 59 percent saying they would purposely avoid shopping at such retailers.

Study 100

Study Millennials Retail social media 100

PYMNTS

NOVEMBER 5, 2018

New data has emerged about how SMBs use other payment rails , including cards and wire transfers. Ninety-four percent of corporates surveyed by The Clearing House said remittance information included with wire transfer payments is valuable , with nearly two-thirds describing this feature as “very valuable.” NACHA said 43.2

Payments 171

Payments Survey Millennials Cards 171

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. False Positives and Data Security. A 2019 PYMNTS survey found that 60.8

Customer Experience 152

Customer Experience Fraud Millennials Online 152

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. to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

OCTOBER 2, 2017

For millennials], plastic does not even have to be a card anymore; it means access to … schemes such as Visa and Mastercard, perhaps through mobile devices … they will get on that and stay on that.”. According to Daly, the next big evolution will millennials may lie in biometrics. Here are the numbers: 3,000 | Number of U.S.,

Data 120

Data Payments Millennials Study 120

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

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption. Sophisticated Threats.

Security 100

Security CA Payments Big Data 100

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 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MAY 4, 2017

As many as 56 percent of those surveyed said they were using cash as frequently as they did a year ago; 23 percent were using it more often. Among the core reasons for this: The perception that the use of cash was more secure. Cards are perhaps proving a sticking point in the move toward electronic payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

APRIL 30, 2020

Customers can use mobile banking services to do everything from check account balances and pay bills to temporarily shut down misplaced debit cards. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them. Digital banking uptake has only risen since, with 73 percent of U.S.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

Gonzobanker

APRIL 4, 2024

According to a July 2023 survey of U.S. That’s similar to MoneyLion, whose Q2 2023 securities filing claimed the company had “nearly” 10 million customers. Both claims may be true, but the Cornerstone survey asked consumers who they had a checking or payments account with. of Millennials, 7.5% That works out to 8.1%

Comparison 104

Comparison Fintech America Survey 104

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. In Millennial parlance, that’s “harsh.”.

Millennials 40

Millennials Fraud social media Survey 40

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

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Through their voice assistant, users can check their bank balances, pay credit cards and mortgages, and ask when their bills are due. . Another service being offered to help prevent elder financial abuse is controlled cards. Source: FidSafe.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 28, 2018

It may come as no surprise to readers that, when asked about what influences the use of one payment method over another, credit union (CU) customers said it comes down to convenience and security. I don’t want to experience any friction, but I want full security,” he said. Making Security Stronger And More Subtle.

Fraud 131

Fraud Mobile Security Cards 131

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MARCH 28, 2016

Plus, new research uncovers just how vulnerable employee information is to corporate hackers, why businesses aren’t interested in moving on from checks and how millennial procurement officials are tapping into Facebook to source for their firms. The 2016 Payment Survey found that U.S. All the data gets broken down below.

social media 100

social media Payments Millennials Survey 100

PYMNTS

AUGUST 21, 2018

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. Millennial Promise.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

JUNE 21, 2018

According to a survey of 2,300 respondents, it all comes down to the three Cs: convenience, certainty and choice, the latest edition of the Disbursement Satisfaction Index reveals. Meanwhile, 85 percent of respondents want to be certain their funds are safe and secure, and 47 percent want a choice in where funds are deposited.

Data 138

Data Millennials Tools Payments 138

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

SEPTEMBER 18, 2018

Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. Mortgages and Credit Cards and Student Debt…. It should be noted that almost all mortgage security finance (i.e., The median household income in the U.S. That’s adjusted for inflation.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

MARCH 3, 2020

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Features such as these allow customers to perform a range of banking interactions that would be impossible at traditional ATMs, such as opening accounts and obtaining new credit cards.

ATM 151

ATM Fraud Study Regional 151

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

APRIL 10, 2019

Catania pointed out that they will likely have to pay a security deposit for their new apartment if they are renting (and the company tends to service many renters). That security deposit could come at the amount of $500, $1,000, or even $2,000. The option comes as consumers have to face some pretty big expenses when they move.

Florida 128

Florida Cards Millennials Company 128

PYMNTS

OCTOBER 9, 2019

The credit card penetration in Saudi Arabia is around 35 percent for the whole country — a country known for being one of the highest in the Arab region for eCommerce,” he told PMNTS. Among the main challenges? The reliance on cash in many of the markets served by UReed, Alhassan said.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

AUGUST 16, 2018

According to “ Paying At The Pump Report: What Drives Mobile Adoption ” from PYMNTS in collaboration with GasBuddy, a survey of 10,000 consumers showed that only 5.9 Part of the reason is worry about the security of using mobile apps for gas purchases. But the situation changes when talking about younger consumers.

Millennials 102

Millennials Mobile Payments Survey 102

PYMNTS

DECEMBER 21, 2020

Just as many boomers have made the digital shift as millennials, and as many of those living in big cities and towns have made the shift as those living in less populated areas. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov. Source: PYMNTS.com survey of 7,585 consumers conducted in October 2020. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

OCTOBER 23, 2018

A survey from the Medical Group Management Association (MGMA) and Navicure found that 77 percent of group practices still do paper-based billing. It does it automatically by deducting it from your credit card without giving out that credit card info, of course.”. billion in annual improper Medicare payments. Paper Domination.

blockchain 173

blockchain Study Case Study Fraud 173

PYMNTS

MARCH 4, 2020

With 64 percent of retailers using personalization and 79 percent of consumers demanding it, the report said, the practice needs to be secure for privacy and compelling for personalization. What keeps a consumer loyal isn’t a loyalty program or even a store-branded card offering goodies or rewards.

Retail 131

Retail Branding Report Tools 131

PYMNTS

OCTOBER 6, 2017

But as readers in this space know, the move to cashless is not a done deal, nor is it written in the cards (no pun intended). That study, the third annual, surveyed 1,000 adults across the United States. The electricity may still be out and the ATMs and debit cards still inaccessible, but the windows, roofs and doors need patching.

United States 119

United States Study Cards FDIC 119

PYMNTS

MARCH 24, 2020

We surveyed 2,835 consumers about how they used their banking apps, what they liked about them and what they thought could be improved in order to determine which types of app features would best meet their customers’ demands. percent, 25.5 percent and 28.9

UX 150

UX User Experience Survey Meeting 150

PYMNTS

MAY 13, 2019

Also, about half of the younger people surveyed said they prefer ride-hailing apps over taxis simply because the process is easier. We need a system that can set the platform for innovation, while maintaining the high security and resiliency standards Canada is known for.”. There is also a movement away from cash.

Payments 122

Payments Study Survey System 122

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. Samsung Pay provides gift cards from Dunkin’ Donuts, and users earn money with its own rewards prepaid card.

Mobile 100

Mobile Payments Apple Samsung 100