PYMNTS

FEBRUARY 14, 2020

11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation. Wells Fargo CEO Reorganizes Business Units.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JULY 7, 2020

For example, Afterpay, which operates in the United States, United Kingdom, Australia and New Zealand, recently reported that it served 4.4 Our BNPL report found that while the pandemic might have created more interest in the system, its use was already on the rise in both the United States and Australia even before COVID-19.

United States 131

United States Millennials Examples Cards 131

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

JULY 13, 2018

Women’s relationship with money in the United States has been something of an evolving area in the 242 years since Thomas Jefferson declared America’s independence with the phrase “all men are created equal.”. Millennial women are evolving into very [a] different relationship with money,” said Reilly. The Emerging Changes.

Millennials 111

Millennials Tools Connecticut Study 111

PYMNTS

OCTOBER 6, 2020

Shoppers in the United States will have the capacity to easily and safely pay for their purchases in the stores of participating retailers in four installment payments without having to pay upfront charges or interest or get a traditional loan.

Millennials 200

Millennials Retail United States National 200

PYMNTS

DECEMBER 16, 2019

Following a formidable start for its “ buy now, pay later ” service in the United States, Klarna intends to roll out in Australia and other markets next year. The course has been popular with millennials who have a preference for debit cards over credit cards. When will it arrive? How do I do returns?

Marketing 132

Marketing United States Millennials Fintech 132

PYMNTS

APRIL 3, 2020

BNPL solutions are the fastest-growing online payment methods in the United States as well as Australia, Brazil, the United Kingdom and more, and their market share is projected to grow at a compound annual growth rate of 28 percent over the next five years.

Exercises 165

Exercises Payments Millennials Cards 165

PYMNTS

FEBRUARY 7, 2020

It chiefly attracts millennials interested in trading stocks and cryptocurrency. In the United States, by 2016, it grew to 1 million subscribers and 6 million by October 2018. We’ll still have existing revenue streams, and, in addition, we’ll add revenue from interchange on debit card transactions.

United States 150

United States FDIC Millennials cryptocurrency 150

PYMNTS

APRIL 9, 2020

Et tu , Millennials? Of all the surprising findings in the Mobile Wallet Adoption 2020 study is the fact that more people shopped physical retail during the comparable 2020 week in March even as novel coronavirus bore down on the United States. “An percent in 2020,” the report states. This is down from 4.5 percent to 80.2

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

AUGUST 22, 2018

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. With the new checking accounts, customers will get access to sporting events and other entertainment, just as Sapphire Reserve credit card customers do. JPMorgan Chase & Co.

Branding 100

Branding Samsung United States Cards 100

PYMNTS

DECEMBER 4, 2020

4), a new service that will offer debit cards, bank accounts and other financial services to online merchants and vendors using Stripe’s payment processing platform. The acquisition will help Affirm expand its network of merchants in both Canada and the United States. Stripe announced Stripe Treasury on Thursday (Dec.

Payments 153

Payments Millennials United States Survey 153

PYMNTS

MARCH 24, 2020

The payment platform currently handles a few different kinds of bank cards. Those include SPDB’s and Guangfa Bank’s credit cards in addition to Minsheng Bank’s, SPDB’s and Guangfa Bank’s savings cards. In large markets such as China, the United States and India, mobile payment is very popular.

Mobile 108

Mobile Payments United States Cards 108

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Cards are perhaps proving a sticking point in the move toward electronic payments. Keep a lid on the casket talk.

ATM 192

ATM Millennials United States Study 192

MyBankTracker

OCTOBER 27, 2020

When picking a credit card, it’s tough to resist the allure of big rewards. In a year-long MyBankTracker survey, nearly 3 out of 4 respondents (72.6%) preferred to receive cash back rewards on their credit card purchases. of respondents had specific spending categories in mind for their next credit card while 47.3%

Study 52

Study Cards Survey United States 52

PYMNTS

OCTOBER 13, 2020

Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct. Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

DECEMBER 31, 2020

percent of millennials believe it is “very” important to receive payments in real time. Buy Now Pay Later: Millennials And The Shifting Dynamics Of Online Credit. Millennials are big fans of buy now, pay later (BNPL), as this report showed. percent of bridge millennials report using credit when paying online, while 66.3

Data 277

Data Innovation Payments Millennials 277

PYMNTS

FEBRUARY 5, 2020

If pre-season estimates were correct, this holiday season was worth $1 trillion in the United States alone. And, Garg noted, as millennials and Gen Z consumers are aging into their prime spending years, he believes it will push them to an ever-greater global scale going forward. Fighting the Credit Card Fear .

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

MAY 14, 2018

Right alongside those tallies, payroll cards are gaining traction, having accounted for six million cards at the end of last year and expected to grow to as many as eight million cards in 2022, Aite Group reported. The PYMNTS Gig Economy Index has estimated that gig workers account for 3.7

Payments 125

Payments Millennials Cards United States 125

PYMNTS

OCTOBER 8, 2019

Three months away from the end of 2019 and the dawn of the 2020s, the state of the credit union is stable, due to a healthy foundation that is already in place, according to Charles E. The Millennial Challenge. Now the relationship has moved beyond writing checks to credit and debit cards. Chuck) Fagan, CEO of PSCU.

United States 102

United States Millennials Course Lending 102

PYMNTS

MAY 25, 2018

More than 60 percent of patients in the United States do not pay the entirety of their medical bills , according to a recent study from TransUnion , which helps in the collection of those debts. TransUnion found that in 2016 — the most recent data available — almost 75 percent of millennials did not pay their medical bills in full.

Technology 166

Technology Payments Millennials blockchain 166

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

Company 100

Company Online San Francisco Payments 100

PYMNTS

MAY 10, 2018

After nearly three years, the transition to EMV in the United States still has its challenges. When the chip technology was mandated for the United States,” Riley said, “it really put a huge damper on the sales and integration of integrated cash registers that we had been familiar with for the last couple decades.”. “So,

National 130

National System United States Fraud 130

PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. A recent study sheds light on these subjects, polling approximately 1,200 U.S.

Payments 181

Payments Report Retail Millennials 181

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. . Elder financial exploitation is a common issue throughout the United States.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

AUGUST 10, 2020

The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet. Most United States payees cannot access their funds immediately. Payors know this but greatly underestimate how much payees value instant payments. .

Report 228

Report Payments Millennials Cards 228

PYMNTS

JUNE 26, 2018

When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was never going to recover. Mortgage balances currently are around 68 percent of disposable income, and credit card balances are less than 7 percent of income. Student loan debt recently surpassed $1.5

Millennials 116

Millennials Lending United States Comparison 116

PYMNTS

NOVEMBER 26, 2018

Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station. This demographic , which ranges from 30 to 40 years of age, is younger than Gen X-ers but older than most millennials. As it stands, 122,000 C-store locations sell gas in the United States.

Marketing 153

Marketing Mobile Millennials United States 153

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. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

MARCH 17, 2020

Treasury will issue payments to millions of Americans via paper check, delivered in an envelope by the United States Postal Service (USPS). In time-honored tradition, tax accountants will prepare forms and the U.S.

Taxes 130

Taxes United States Millennials Payments 130

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. As for the Cardtronics study, consider that in the United States, digital payments have grown by 16 percent year over year.

United States 119

United States Study Cards FDIC 119

PYMNTS

SEPTEMBER 15, 2017

As LendUp CEO Sasha Orloff and Beneficial State Bank Co-CEO Kat Taylor told PYMNTS in a recent interview, banks and FinTechs need each other, and a very large segment of the population living on the margins of financial services in the United States need these two groups to work together as well. “I percent to 29.99

Fintech 198

Fintech System Lending Cards 198

PYMNTS

AUGUST 12, 2019

A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. After the first payment, participants can get a $5 Starbucks gift card. The program is available in the United States, but there are plans to expand it internationally. The program costs $4.99

Cards 100

Cards United States Online Chicago 100

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. As millennials grew up and entered their 30s, the adults they became weren’t quite the people forecasted by analysts, according to the PYMNTS Connected Consumer Report.

Millennials 145

Millennials Lending System Data 145

PYMNTS

JANUARY 27, 2020

More workers in the United States and around the world are beginning to ask for updated expense tools as business becomes more interconnected. These systems are only becoming more frustrating for workers, especially as the working world’s average age creeps steadily downward.

Management 160

Management Taxes Tools Metro 160

PYMNTS

MARCH 28, 2017

He also strongly advised that people take out as many credit cards as they could and marry someone with good credit before officially telling the Federal Department of Education (DoE) to get lost. Millennial Troubles. About 44 percent of millennials hold student debt — or about 33 million people. Which, of course, they won’t do.

Millennials 100

Millennials Lending Policies United States 100

PYMNTS

APRIL 19, 2016

Credit cards are a way of life for consumers, for the businesses that rely on them and for small business owners dealing with the volatility of day-to-day cash flows. There’s also a disparity here, noted the report, as credit card originations to consumers with relatively high scores actually moved higher with an average of 1.3

Cards 100

Cards Regulation United States Lending 100