Remove Comparison Remove Fraud Remove Marketing Remove Millennials
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Sharing Platforms Fight Fraud, Make Friends

PYMNTS

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

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P2P Payments Find Fans In The Black Market

PYMNTS

P2P and Millennials. 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. About a fifth, by comparison, had used Venmo for gambling.

Payments 115
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Deep Dive: Safeguarding B2B eCommerce And The Corporate Customer Experience

PYMNTS

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. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Baby Boomers (those born between 1946 and 1964) represent a massive market opportunity.

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Are Online Resale Sites Rife With Counterfeits?

PYMNTS

trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Visa said that since their inception, chip cards have reduced counterfeit fraud by 87 percent. Social Media.

Online 101
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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7 percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020.

Apple 159
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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 By comparison, over 100 year old and $7.7 billion in equity capital, with a market capitalization close to book value. And for fraud without a time limit. Forcing them out of their homes.