NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

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

APRIL 10, 2020

The challenge is thus not figuring out if mobile disbursements are possible, but how they can be made, given insurers’ legal and compliance issues. v has yet to build out support for more innovative mobile disbursement methods, but it does have the technical capacity to do so. Insurers need to be ready for the shift to mobile.

Mobile 198

Mobile Technology social media Customer Experience 198

Insights on Business

OCTOBER 10, 2017

Modernize transactions – the technology choices banks make today on cloud, via APIs and in application development, will determine their ability to innovate new customer engagement tactics, optimize back-end efficiency, monetize data streams and reinforce their leadership in the banking sector in years to come.

blockchain 87

blockchain Customer Experience Compliance Fraud 87

PYMNTS

DECEMBER 14, 2016

Socure said the funds will enable the company to more quickly innovate its digital identity verification platform. The company supplements market deficiencies in which current identity verification solutions fall short, including millennials, who largely avoid the use of credit, or abroad, where credit systems don’t exist at all.”.

Fraud 100

Fraud Compliance Capital Leadership 100

PYMNTS

DECEMBER 26, 2019

Amid the common themes that emerged: Change will come to the point of sale, spurred by the continued shift to contactless ways to pay and more buying power for the mighty millennial. That’s a problem for retailers trying to navigate tax compliance while selling items like diapers that are taxed very differently across state lines.

Taxes 131

Taxes Payments Apple Compliance 131

PYMNTS

NOVEMBER 14, 2019

But this expanded talent pool not only compounds the complexities and volume of payroll tasks, but as Guez noted, compliance can quickly turn into a headache. “It Compliance is still a major challenge. Technological Innovation. Research shows employees quickly become frustrated when payroll mistakes are made.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

NOVEMBER 19, 2019

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said. Near-Term Challenges.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

APRIL 24, 2019

In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. The Playbook also looks at how payment services and other third-party platforms are working with shifting compliance demands to participate in the global sharing economy.

Marketing 179

Marketing Regulation Case Study Security 179

NCR

FEBRUARY 22, 2016

Fintech startups utilize innovative technology to make financial systems more efficient, taking advantage of cloud data storage and blockchain technology. They want to get on the cloud, but have concerns about the security of customer data, and are afraid of violating the numerous compliance requirements they must adhere to.

Innovation 40

Innovation Compliance Security Data 40

PYMNTS

JUNE 7, 2018

“I heard someone say recently that ‘today will be the slowest day of the rest of your life,’ and that is very much how I think about the pace of change and the evolution of technology — it is only going to keep getting faster, and community banks have a huge opportunity to innovate and fill a unique niche,” she said. A personal experience.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

APRIL 29, 2019

Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. Homesharing platforms are also competing for young consumers’ attentions – millennials make up approximately 60 percent of Airbnb’s guests, for instance.

Payments 100

Payments Millennials Maine Industry 100

PYMNTS

JULY 17, 2018

Increasing collaboration promises to help with that task, according to a recent PYMNTS interview with Director of Compliance and Interoperability Kevin Emery at UL , which helps other companies with identity management and security-related issues. Cryptocurrencies will also play a role in consumer trust and collaborative fuel.

Security 102

Security eBook Millennials Industry 102

William Mills

FEBRUARY 22, 2018

Bankers as Buyers provides insight for institutions looking to fill these gaps by adding more millennials to their staffs. The report highlights some key roadblocks to attracting millennials to a career in the banking industry and offers tips on overcoming them. Future Innovations.

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

PYMNTS

AUGUST 13, 2020

consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost 50 percent when talking about millennials. As Evers pointed out, companies that do this can actually increase profits by up to 60 percent “just by simplifying the business operations.”.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

NOVEMBER 17, 2017

But the financial world is changing, Moorer told PYMNTS, due to generational shifts and consumers’ needs transitioning from baby boomers to the millennial. We have definitely seen instances where community banks are innovating to meet the unique needs of their customer base,” he told PYMNTS.

Community Bank 115

Community Bank Community Cards Lending 115

PYMNTS

SEPTEMBER 15, 2017

I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It is very hard to innovate when you have that many responsibilities and warranties to uphold. Millennials , she noted, tend to enter the credit system with a bang once they start having families.

Fintech 198

Fintech System Lending Cards 198

ZootBlog

OCTOBER 11, 2016

The entire world has gone mobile—from millennials to grandparents. We spoke with Mark Miyamoto, Director, Compliance, Risk, Fraud Solutions for Danal; a company that provides mobile identity and authentication solutions driven by real-time connections into the databases of mobile network operators (MNOs), to discuss the latest in m-commerce.

User Experience 60

User Experience Mobile Data Las Vegas 60

William Mills

APRIL 20, 2017

This discussion focused on the intersection of the digital and physical worlds and innovation. Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

PYMNTS

JANUARY 31, 2018

Which means the team at Eaze is ready to innovate for the next phase of the market: when cannabis becomes just like any other consumer good. There remain dogged detractors, however, particularly at the Justice Department , but the consensus is that weed is a $10 billion genie already out of the bottle — unlikely to be stuffed back in.

Marketing 110

Marketing California Millennials Branding 110

PYMNTS

OCTOBER 3, 2017

The directive is meant to foster innovation in the banking sector. As part of PSD2 , Keller said the legislation that is in place with the banks in Europe mandates that they act continuously in compliance with best security practices. Scrappy upstarts versus older and slower, but experienced, champions.

Data 116

Data Millennials Cards Compliance 116

NCR

AUGUST 22, 2017

Everyone in the financial services industry has heard clichés about banks facing strong headwinds fueled by everything from global economic turbulence, to the fickle expectations of millennials, to competitive pressures from agile fintechs – the new kids on the banking block.

Fintech 45

Fintech Innovation Millennials Customer Experience 45

PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. It’s not exactly a newsflash, Jenkins said, that the rate of innovation in payments over the last four years has been fast-paced, transformative and disruptive.

Security 100

Security CA Payments Big Data 100

FICO

DECEMBER 20, 2018

Siloed business units and technology stacks for credit risk, marketing, fraud and compliance work extraordinarily well for maintaining the status quo, but poorly when it comes to large-scale transformation. The introduction of faster payment rails, which are starting to replace antiquated clearing and settlement networks in the U.S.

Trends 73

Trends Lending Fraud Exercises 73

PYMNTS

JANUARY 22, 2020

Millennial early adopters may get the majority of the attention when it comes to the development of smart home technology, but if one is looking at the demographic where it could very well ignite in the next decade, it could very easily be older consumers.

Innovation 219

Innovation Technology Groups Study 219

PYMNTS

MARCH 25, 2016

The FX payments sector may be the hot topic of innovation among FinTech disruptors today, but according to FairFX, corporations are still stuck in the status quo — despite the recent rush of new solutions entering the market. FairFX, which recently raised nearly $7.5

Payments 100

Payments Cards Management Policies 100

PYMNTS

AUGUST 26, 2016

Other favorites over the last several years have included “too big innovate,” “too big to pivot,” “too big to keep up with the modern world,” and “too big to ever attract Millennials.”. And Zelle wasn’t the week’s only big overture to innovation in financial services. Conventional wisdom shifted to support that song.

Bitcoin 100

Bitcoin Innovation blockchain Industry 100

PYMNTS

MAY 22, 2018

Millennials are helping to shape expectations of transactions — and what they want is now. Visa Direct’s Silicon Valley vantage point, said Frew, shows that the way people innovate quickly and successfully is to partner with other firms, to get up fast and run with the objective of learning what works and what doesn’t.

Payments 101

Payments United States Lending User Experience 101

Fintech Labs Insights

DECEMBER 15, 2016

“Security, compliance, and fraud prevention are key issues for investors, consumers, regulators, and employees in the financial services industry,” Socure CEO and co-founder Sunil Madhu said. Pictured: Sunil Madhu, Socure CEO and co-founder, demonstrating Perceive at FinovateFall 2015 in New York.

Capital 12

Capital New York Compliance Millennials 12

William Mills

MAY 11, 2016

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. Bank XXI Department).

Video 40

Video Mobile social media Analytics 40

PYMNTS

JUNE 11, 2019

Done correctly, the same sets of consumer data, de-risked, can yield revenue opportunities that come from both outside sources — as those firms sell that data to third parties — and within the firms, as executives spend less time on compliance activities and more time on innovation. Monetizing Data Internally.

Data 144

Data Compliance Security Millennials 144

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Millennials want their mortgages fast, rocket fast.” Millennials want the right mortgage, right now, online or on their phone. Tim Dubes (VP, Marketing).

Video 40

Video Lending social media Analytics 40

Fintech Labs Insights

OCTOBER 30, 2016

Global Debt Registry , another F14 presenter, provides compliance and risk management solutions to the account management industry. The question is whether or not regtech as a “thing” (as the millennials say) is separable from the broader fintech discussion, then, is probably more a marketing decision than anything else.

blockchain 12

blockchain Trends Fintech social media 12

CB Insights

DECEMBER 7, 2017

Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies. Eighty percent of those customers were first-time home buyers and millennials were twice as likely to use their product as a competitor.

Millennials 69

Millennials Lending United States Technology 69

NCR

SEPTEMBER 9, 2016

Millennials and Mobile Wallets: What banks can learn from the digitally engaged generation about mobile wallets,” out this summer from the Catalyst Consulting Group, offers a clear view into this seeming disconnect—the wide availability yet lack of adoption of a tech-driven finance capability that is ideally suited for the modern consumer.

Mobile 40

Mobile Millennials social media Branding 40

Insights on Business

OCTOBER 11, 2017

The digital era is rapidly changing every aspect of our lives through more recent inventions, innovations and new business models. This disruption has at least one pervasive benefit: it’s driving innovation and making a strong case for modernization across the financial services industry. I wonder what the millennials think of that.)

Industry 70

Industry Payments Course Meeting 70

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. To those community bankers claiming their growing Compliance departments say no to everything. Millennials. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60