Perficient

APRIL 14, 2022

The connection between technology and consumers in the insurance industry has never been more relevant. Although the insurance industry was already facing rising competition and customer expectations, the global pandemic forced our industry to take legacy processes and technologies, and transition to “digital” seemingly overnight. .

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

OCTOBER 9, 2020

Meanwhile, one startup recently debuted a voice technology that turns any kiosk into a contactless interface. All this, Today in Data. Data: $50M: Amount of investment U.K.-based 77%: Share of consumers who would rather use touchless technologies due to the coronavirus crisis. Shopping Festival.

Retail 126

Retail Innovation Millennials Data 126

NCR

MARCH 22, 2017

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. Millennials are starting more businesses than previous generations, and they’re starting them at a younger age than their predecessors.

Millennials 49

Millennials Innovation Digital Banking Security 49

PYMNTS

JANUARY 22, 2020

CarePredict, for example, offers something seniors can wear that gathers data on their daily activities like walking, sleeping and eat — and then share that data with designated family or caregivers. There is also the small group of players taking on the house as a whole as the next frontier in connectivity for seniors.

Innovation 219

Innovation Technology Groups Study 219

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Not So Much About Tech As Marketing.

Millennials 101

Millennials social media Branding Marketing 101

PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

NOVEMBER 28, 2017

It seems individuals will always find a way to get the most out of things, be it expecting innovative technology that will solve their problems or understanding the long-term value involved in a hefty purchase price. percent | Percentage of millennials who are opening new auto loans over a 12-month period, higher than Gen Xers at 12.09

Data 130

Data Millennials Software Survey 130

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence technology to bring more convenient experiences to customers.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. SBA Data Show At Least $20B Of PPP Loans Have Been Canceled.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

FEBRUARY 1, 2019

But as innovators appear, legacy players worry about their ability to keep up. And where there are new technological solutions, there are also pressures to invest a lot of attention and treasure on tools – even if one doesn’t fully understand what those tools are supposed to actually do. trillion: The value of the 33.9

Data 100

Data Millennials Tools Innovation 100

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop. About the Playbook.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

AUGUST 4, 2017

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

JULY 19, 2018

That’s the hope of at least one company that wants to see its mobile technology replace the traditional lines and POS stations at food stores. That transformation will rely, in large part, on younger shoppers such as millennials, said Rambus Chief Technology Officer Chakib Bouda during a recent interview with PYMNTS.

Millennials 102

Millennials Mobile Retail Technology 102

PYMNTS

OCTOBER 16, 2019

Consumers and businesses have increasingly employed the technology in a variety of use cases as it becomes more sophisticated, from smart cars to sensors that can be utilized for smart cities. IoT devices still have a number of security weaknesses that providers must address as the technology becomes a larger part of consumers’ daily lives.

Millennials 191

Millennials Fraud social media Florida 191

PYMNTS

JANUARY 21, 2020

As PYMNTS had previous covered, way back in 2017, cloud-based travel and expense report management solution Certify bought nuTravel in a deal designed to enable Certify to launch a new solution using nuTravel technology. But millennials are hardly the only force for change in the broader travel industry. That’s not all.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

PYMNTS

NOVEMBER 27, 2019

Solutions that quickly deliver digital invoice data and enable electronic workflows and payments are available, but a surprisingly large share of the industry relies on legacy practices. Recent data found that highly efficient AP departments implementing AP automation spend an average of 2.9 PYMNTS research found 72.4 per invoice.

Millennials 161

Millennials Payments Capital Technology 161

PYMNTS

MARCH 8, 2018

Dorchester said the pace of payments and security innovation has picked up significantly over the past five years — and that’s a good thing, as it generates new options for businesses to leverage the best of both worlds. On top of that, there are many who don’t want to keep up with said technology due to fear.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

JUNE 9, 2017

That may have to shift a bit in a world where technology is changing how we do business and transact across the globe. Data show that when it comes to innovation, more than half of respondents at the webinar said they were in the midst of initial or elementary stages of technology deployments.

Innovation 109

Innovation Compliance Technology Data 109

PYMNTS

OCTOBER 19, 2018

Millennials are credited as the digital generation, leaving their parents and grandparents behind, even though a majority of consumers over the age of 60 are banking online and regularly interacting with chatbots. Data: 500,000: The approximate number of students of Indian origin who traveled abroad to study in 2017.

Data 152

Data Study Millennials Online 152

PYMNTS

JANUARY 2, 2020

Today, CO-OP Financial Services Chief Technology Officer Pam Brodsack said, a customer can do that — and a whole lot more — from within the confines of their mobile app from just about any place on earth due to the power of application programming interfaces (APIs). . Consumers need real-time access to their data.

Innovation 142

Innovation Digital Strategies Strategy Trends 142

PYMNTS

JULY 25, 2019

Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access to the same technology. The Tracker also examines how these technologies are beginning to be used in new markets like South Africa and India. About the Tracker.

Digital Banking 176

Digital Banking Innovation Fraud United States 176

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

OCTOBER 22, 2020

Silicon Valley's Sensory , which works in pioneering artificial intelligence, has rolled out its new VoiceHub technology, which will allow developers to make wake words and voice control command sets, a press release says. 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

JANUARY 26, 2021

For example, many are seeking more information on how Amazon uses Alexa to collect consumer data, and how much control users have over how much data is harvested, which has been a long-running concern. Improvement is coming, according to PYMNTS data , just as consumers' hunger for connected voice assistants is growing and expanding.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

JANUARY 14, 2020

That’s just a taste of the January 2020 Travel and Hospitality Commerce Connected Playbook , a PYMNTS and First Data (now Fiserv ) collaboration, which delves into how generational and cultural preferences are reshaping travel experiences and how we pay for them. Millennials will spend an estimated $1.4 Payment as Differentiator.

Meeting 141

Meeting Millennials Branding Mobile 141

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Banking isn’t exempt from the disruption caused by new technologies. Artificial intelligence (AI) and data science will most likely be the fuel of the new approach to finance. This affects data analysts, as well as project ownership. AI uses for banking.

Big Data 111

Big Data Data Fraud System 111

Abrigo

SEPTEMBER 2, 2020

Technology can create efficiencies that allow them to reimagine customer interactions moving forward. Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

DECEMBER 6, 2019

Payments technology company Payoneer announced updates to its cross-border payments solutions enabling support for small- to medium-sized businesses (SMBs) in the U.S. Better access to payments-related data can also be key to helping businesses modernize their payments practices. Around The Next-Gen Payments Landscape.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

MARCH 5, 2017

Our partners, and 7-Eleven in particular, have always been very forward-thinking and innovative when it comes to this sort of payment technology market,” Kaplan said. But there are fewer consumers who are unfamiliar or uncomfortable with digital payment technology every day. And it isn’t just Kaplan with a sunny view of cash.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

DECEMBER 22, 2016

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

Innovation 100

Innovation Payments Regulation Industry 100

PYMNTS

OCTOBER 1, 2019

Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power. percent of the bridge millennials and 42.2 percent of bridge millennials were interested, up from 35.4 percent of bridge millennials. featured 4.8

Millennials 140

Millennials Payments Study Groups 140