PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. They were born into a world with this technology and access,” Parsons said. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

Banking 2020

DECEMBER 15, 2014

Effectively leading millennials requires understanding the collective experiences, values and motivators that make this group “tick.” Millennials, generally defined as the demographic cohort born between 1982 and the early 2000s, will account for half of the American workforce by 2020. Be transparent. Make work feel like play.

Millennials 58

Millennials Management How To social media 58

PYMNTS

SEPTEMBER 15, 2019

The company is currently in talks with FinTechs about a joint application for one of the licenses, said President Ang Tang Chor, adding that Hong Leong would like to attract more millennials and newly established firms to its customer base. “We This can be an issue for some individuals and many smaller firms.

social media 116

social media Fintech Millennials Lending 116

PYMNTS

DECEMBER 12, 2016

Gift cards may seem a logical answer. What happens if you buy a card from a store that’s not exactly right for that person? Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. But not brand.

Cards 100

Cards Mobile Branding Retail 100

Bank Innovation

SEPTEMBER 22, 2016

Debitize, a startup helping millennials build credit without using credit (we’ll explain), reached a significant milestone last week and released a new product this week. ” Users of the service essentially treat credit cards as if they were debit cards, and pay off balances through Debitize before Read More.

Millennials 150

Millennials Cards social media Online 150

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. 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. consumers shop and pay — today and in the future.

Millennials 222

Millennials Study Course Trends 222

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. An longstanding adage — cliché? Christmas Tree Farmers.

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. According to a report on restaurant technology usage from Technomic, 79 percent of restaurant customers surveyed agree that technology improves their experience at an eatery.

social media 100

social media Survey Retail Technology 100

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it.

Apple 111

Apple social media Google Video 111

PYMNTS

NOVEMBER 13, 2019

He said the global economy had been marked by the emergence of new technologies and social media, eCommerce platforms and all manner of promotions delivered across smartphones and tablets. That’s especially true with the continued rise of millennials, who seek instant engagement from the brands with which they interact.

Millennials 118

Millennials social media Retail Cards 118

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JULY 24, 2019

And it’s not just millennials. I know that [the space often] gets lumped with millennials, but it’s really cross-generational. IfOnly continues to innovate its platform, though, especially when it comes to payments and social media channels. “There’s no question that the experience economy is here,” Boris said.

Case Study 110

Case Study Study Mobile Millennials 110

Abrigo

OCTOBER 15, 2014

Groupe BPCE, France’s second largest bank (by customers), has utilized the API of the global social media giant Twitter to allow their customers to transfer money via a tweet. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

social media 150

social media Apple United States Innovation 150

PYMNTS

AUGUST 26, 2016

According to AppleInsider , the three Australian banks argue that Apple is anticompetitive because it restricts its NFC technology to Apple Pay only. One of the retailers, Coles, which is also a credit card issuer, argues that opening up NFC technology is in the best interests of consumers, who should have more choice in digital wallet apps.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

MAY 11, 2018

At first glimpse, the Marriott move seems small — just another example of the ongoing divorce between payments and physical cards. Among the biggest trends in hotel technology, Wi-Fi and mobile makes checkout less of a pain, and saves guests the trouble of reaching into their wallets or purses for any type of purchase. So is WeChat.

Retail 129

Retail Payments social media Mobile 129

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

OCTOBER 11, 2018

Turnarounds in tech — and in social media in particular — are not unheard of, Nathanson wrote, meaning it is not impossible for Snap to snap back from all this. That action, according to a Snap press release , will cause an Amazon card will appear onscreen, surfacing a link for that product or similar ones available on Amazon.

Apple 181

Apple social media Millennials Report 181

PYMNTS

SEPTEMBER 30, 2019

Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Both are generations that have grown up with technology and feel comfortable using it to purchase products at all price ranges,” he said. Social Media. Some payment methods offer stronger protections than others.

Online 101

Online Fraud Branding social media 101

PYMNTS

OCTOBER 5, 2017

Notable players in the FinTech P2P space include Square Cash and PayPal-owned Venmo, which has gained popularity for incorporating social media elements to appeal to younger consumers while helping users overcome the “ awkwardness of money ,” as the company likes to say. Selling Parents (And Their Millennial Kids) on P2P.

Millennials 100

Millennials social media Survey Payments 100

PYMNTS

OCTOBER 9, 2017

The story from there is familiar — satellite dishes, DVDs, cord cutting, streaming — the choices for on-demand home viewing entertainment have exploded exponentially with each new, widely adopted technological advancement. The debit card is then swiped at the theater’s POS to obtain the tickets. million to 7.2 million, and from 9.9

social media 101

social media New York City Cards Google 101

PYMNTS

MAY 26, 2017

The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families. According to a recent study , over 16 million millennial women (born between 1981 and 1997) have children, and that number is expected to grow.

Marketing 115

Marketing Payments Community Millennials 115

Long Lasting Ideas

JANUARY 5, 2015

A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. The same Economist article pointed out that one in 10 millennials have hung up in frustration when dealing with call centers.

Marketing 40

Marketing Millennials Community Bank social media 40

FICO

FEBRUARY 5, 2021

FICO recently worked with Cornerstone Advisors to commission a study on the emergence of “shadow banking" providers – fintech startups, large technology companies, merchants, and others. Providers would fight for top-of-wallet status for their credit cards and debit cards. I’m extremely proud of her!

Millennials 52

Millennials social media Fintech Examples 52

Fintech Labs Insights

JANUARY 15, 2016

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.

Millennials 12

Millennials Mobile social media ATM 12

Social Assurance

APRIL 4, 2016

But in an age of convenience and cards, cash rarely makes its way into my wallet or onto my To-Do list, and therefore dictates where I spend my lunch dollar. In fact, one of our employees, Jordan (who happens to fall into the millennial category) never has cash either. He ordered a credit card reader for the owner. Frictionless.

Millennials 12

Millennials Marketing Strategies social media Cards 12

PYMNTS

DECEMBER 31, 2016

The startup drew jealous ire from competitor Facebook/Instagram , success from millennials and confused befuddlement from baby boomers this year, along with a $1.81 Apple Pay was adopted slowly and still isn’t particularly differentiated enough from card payments. billion funding round back in May. It seems to be working for it.

Apple 109

Apple Security social media Study 109

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. Katerina Frolovicheva (MD, Technologies Innovations). Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Going to speak about technology can be better used in the card world. This is a very sophisticated fraud detection technology! ^SR.

Video 40

Video Lending social media Analytics 40

PYMNTS

NOVEMBER 27, 2018

Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05. Retailers’ investments in technology continued to pay off, with consumers shopping on all platforms throughout the weekend. Top purchases over the weekend included apparel, toys, books, video games, electronics and gift cards.

Millennials 149

Millennials social media Retail Survey 149

CB Insights

NOVEMBER 5, 2019

While Tencent groups the results of the division with business services (cloud and B2B services), fintech is now driving growth at the social media and gaming giant. As the payment market matures, Ant and Tencent are providing technology and user behavior analysis to help financial institutions provide more tailored product offerings.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

JANUARY 14, 2021

Companies can use the technology to tailor communications and customize products and services to specific geographic areas, giving it the ability to increase sales, reduce losses to nearby competitors and help maintain market share. There are numerous benefits to the adoption of geocoding. Gaining Consumer Trust.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

JULY 15, 2016

Remember, Lending Club’s claim to fame, as all of the online lenders, was their technology prowess at building systems that could take data and mash it up and make better decisions, faster. “There hasn’t been a geolocation social platform that can lure so many people all at once.” Really, since when?).

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

APRIL 11, 2016

Technology is booming for business. But that doesn’t mean every business is keeping up with the tech times or with every kind of technology. Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. Overall, corporate travel spend is seeing slowed growth through 2017.

Millennials 100

Millennials social media Software Cards 100

NCR

SEPTEMBER 9, 2016

An easy way to use the credit card or debit card, without actually carrying the cards around? The report explains that both millennials and their older peers have essentially the same priorities: They want to closely monitor and manage their financial status, and they want alternatives to cash.

Mobile 40

Mobile Millennials social media Branding 40

FICO

MARCH 24, 2021

To launch this new product, the lender will identify the marketing strategy and credit risk criteria applicable to this digitally savvy millennial & iGen customer personas. Today most technologies are struggling with bringing such data together from various streams (at rest, in motion, streaming) into one stream.

Data 59

Data social media Resources Examples 59

PYMNTS

JULY 1, 2016

Beard and Kulina joined PYMNTS to discuss what card issuers need to be paying attention to on their pursuit of permission marketing and the pitfalls to avoid along the way. 92 percent of adults have at least one rewards card. Here’s an excerpt of the conversation …. ” They are in a constant battle there.

Branding 106

Branding social media Examples Google 106

PYMNTS

DECEMBER 26, 2018

Online giving is nothing new, but as John Gossart , COO and co-founder of fundraising resource Goodworld , explained, hashtags, social media and viral marketing could bring significant changes to the digital charity space — changes that could have big impacts in commerce and payments in general. Does #Donate Lead to #Buy?

blockchain 157

blockchain Payments Online Innovation 157