PYMNTS

MARCH 1, 2018

The project also offers financial literacy tools and promotes smart city initiatives in urban communities. Can a cash back program help millennials avoid the debt trap? As it turns out, millennials are more afraid of debt than of death. About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

Perficient

AUGUST 31, 2020

What will they expect from an experience given how they grew up under the influence of Millennials (their parents)? Seems like a good customer experience aided by the right tools and technologies will be p assé for this generation. a pandemic resulting in: rapidly shifting social and community norms. But who are they?

Customer Experience 506

Customer Experience Branding Community Millennials 506

PYMNTS

NOVEMBER 17, 2017

And yet, sometimes community banks, opt to stick to their lending knitting, forfeiting the potential to earn non-interest revenue and cementing their ties with both individual and corporate customers. The community banking model is based on customer relationships and the allocation of capital and extending loans.

Community Bank 115

Community Bank Community Cards Lending 115

PYMNTS

OCTOBER 22, 2020

We are excited to share these tools and capabilities with the speech tech community and beyond and believe VoiceHub will serve as a catalyst for rapidly accelerated innovation of new voice-enabled experiences.”. Millennials, the survey found, are around twice as likely to use this technology as other generational demographics.

Training 174

Training Millennials Resources Study 174

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. Lesher said such tools can reduce scam transactions to just 1.3 Square announced $1.3

Cards 224

Cards Mobile Community Bank Community 224

Abrigo

JULY 3, 2017

Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent. The top technology tools millennial owners desire were cloud-based technologies, online invoicing and digital payments, Bill.com said.

Mobile 150

Mobile Millennials Survey eBook 150

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

DECEMBER 10, 2020

It’s also a play to capture TikTok’s Gen Z and millennial audience. This multifunctional platform includes curation tools, allowing social sellers to build inspirational, personal web pages connected to the brand’s website, and a marketing platform where sellers can create optimized, brand-safe social posts that lead to transactions.

social media 257

social media Video Branding Online 257

PYMNTS

MAY 26, 2017

PYMNTS caught up with Alexandre Gauthier, VP of marketing at Amilia, for insight into how new payment tools are modernizing the payment process for the recreational activities market, including youth sports, camps, daycare and parks and recreation, among others. Better Payment Options, Better Community Connections?

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

JUNE 1, 2020

These banks must also make sure they are providing the tools that primarily digital customers need to complete their personal banking needs. One study found more than 45 percent of millennial users, for example, have at least considered leaving their FIs and signing up with fully digital banks.

Digital Banking 136

Digital Banking Delaware Tools Mobile 136

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. You recognize one of today’s most prominent technology dilemmas for community banks: It’s the great mobile divide. It’s where older, profitable customers have been slower to adopt new banking technologies that not-yet-profitable millennials pick up quickly and easily.

Mobile 70

Mobile Millennials Community Bank Community 70

PYMNTS

JUNE 21, 2018

To better understand personality differences, PYMNTS focused on three different groups: tech-savvy consumers, millennials between the ages of 25 and 34 and small business owners. Residents of impacted communities can find themselves displaced and face hefty expenses to repair damaged homes or businesses.

Data 138

Data Millennials Tools Payments 138

PYMNTS

JUNE 22, 2017

When it comes to helping their community and the planet, consumers appear to be ready to put their money where their values are. The Right Tool for Millennial Shoppers? This is especially true of millennial consumers who are more likely to consider a store’s values when making a purchase than other generations.

Millennials 117

Millennials Digital Banking Survey Tools 117

Abrigo

OCTOBER 21, 2019

It sounds like the beginning of a joke, but for many community financial institutions, a spectrum of different customers and banking needs is something that they see every day. I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

SEPTEMBER 3, 2020

For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control. These payment apps, said Cole, become “part of the social fabric of how these consumers interact with their friends and their communities.” Security Is Top Of Mind .

Payments 262

Payments Security Millennials Retail 262

Abrigo

JANUARY 13, 2020

In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. Matching your customers and members with products and services they need fits in with the mission of community financial institutions. Cross-selling: An efficient growth investment.

Lending 150

Lending Study Survey Community 150

Independent Banker

JUNE 30, 2022

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. But there are ways community banks can help mortgage-seekers get on the property ladder. So how can community banks help? Plenty of tools in the box.

Community Bank 143

Community Bank Community Millennials Resources 143

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. An inaugural Jan. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

MAY 9, 2018

And it’s not just about that much-reported millennial “side hustle” either. The Digital Workforce Development Initiative (DWDI) pairs companies and communities to provide training and support for specialized independent workers. Let’s help them become some of the most successful entrepreneurs in our community.’”.

Miami 102

Miami Taxes Kansas City San Francisco 102

PYMNTS

JUNE 12, 2019

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.” Price Comparison Shopping.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

JUNE 21, 2017

Whether it’s in-app tools that offer advice on monthly spending, new services to help parents teach their kids about money management or a publicity campaign aimed at raising public awareness of the threats posed by cyber fraud, the financial sector is making consumer education a priority.

Report 131

Report Digital Banking Millennials Fraud 131

PYMNTS

MARCH 8, 2017

Instead of using bank account information to authorize payments, customers send money using common communication and identification methods, such as mobile phone numbers, email addresses or national ID numbers. The demand for faster payment solutions could greatly increase as more millennials come of age and become consumers.

Meeting 109

Meeting Payments Millennials Innovation 109

PYMNTS

SEPTEMBER 12, 2018

Today, Simpson believes it’s easier than ever before to build a brand online with tools like Instagram and Facebook. Fixers sees millennials as their target market, as they tend to prefer experiences over things. Millennials make up about a third of the U.S. population and the majority of the workforce, Forbes reported.)

Millennials 108

Millennials Customer Experience Online Course 108

PYMNTS

JUNE 11, 2018

The face of the small business owner is changing, and not only because millennials are coming into their entrepreneurial age. Seventy-two percent of entrepreneurs would still use accountants even if they adopted an AI accounting tool , according to new data from Xero. According to the Bureau, 16.5

Survey 109

Survey Taxes Data Community 109

PYMNTS

DECEMBER 28, 2018

This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. Those older millennials between the ages of 30 and 40 have earning power, are well-educated and are settling into more stable careers.

Millennials 145

Millennials Lending System Data 145

Gonzobanker

APRIL 3, 2019

It’s not a “Millennial thing.” About one-third of community banks are planning to add or replace this technology. Smart banks are holding these new talents, tool vendors and fintechs accountable to specific revenue-driving projects instead of treating them as cost centers.

social media 98

social media Exercises Millennials Training 98

PYMNTS

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. Our findings on digital bank cardholders demonstrate how consumers’ expectations for mobile financial tools are changing.

Regional 241

Regional National Cards Mobile 241

PYMNTS

MAY 29, 2020

In a feature story, Michael Lotfy, senior vice president for smart buildings solutions for global electrical technology firm ABB , and Marija Zima-Bockarjova, its smart cities and solutions research and development manager, discuss how smart city systems can assist communities and organizations in becoming more resilient as well as sustainable.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 31, 2017

Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. In an interview with PYMNTS’ Karen Webster, Troy Cullen, president of Elan Financial at U.S. And that’s creating a problem for smaller institutions.

ATM 100

ATM Millennials Cards Management 100

Social Assurance

JULY 20, 2017

Why Millennials Need Banking Security and Compliance. This is why Millennials and Gen X-ers like me are some of the highest people at risk for financial theft and fraud. Protect your customers by implementing a web and social monitoring tool that will alert you to any mock social or web pages. Seriously, like everything.

Millennials 21

Millennials Compliance social media Security 21

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

American Banker

JUNE 24, 2016

Digital tools improve a bank's traditional sales process, but relationship-based banking is still a huge factor in winning over millennial customers.

Digital Strategies 53

Digital Strategies Strategy Millennials Tools 53

PYMNTS

JUNE 21, 2016

USAA serves the military community by providing the best financial products and services. Millennials are every banker’s dream, but they are among the hardest group of individuals to service. Easiest to Explain to Mom: USAA. Most Disruptive: FIS.

Millennials 101

Millennials Innovation System Payments 101

PYMNTS

OCTOBER 31, 2019

The Federal Trade Commission found that millennial consumers are some of fraudsters’ favorite targets, and that online commerce losses for this group alone reached $71 million over the past two years. The badges assure community members that OfferUp has taken steps to evaluate participants’ trustworthiness.

Fraud 100

Fraud Retail Online Meeting 100

PYMNTS

OCTOBER 18, 2017

According to Webster, community banks and credit unions are trying to solve for pain points that may differ from population to population. And yet, certain technological advances can cut across generations, Wain emphasized, such as the ability to be notified of transactions, a feature valued by both baby boomers and millennials.

Innovation 140

Innovation Compliance Community Bank Strategy 140

PYMNTS

OCTOBER 11, 2018

“It has been approximately six months since we broadly rolled out the redesign of our application, and we have been working hard to iterate and improve Snapchat based on the feedback from our community,” the CEO wrote. By tapping on that card, users will be taken to Amazon to complete their purchase before being sent back to Snapchat.

Apple 181

Apple social media Millennials Report 181