PYMNTS

MAY 23, 2019

Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. To take a simple example, Chambers noted, a customer who wants to start a YouTube account can do that pretty quickly — in a few minutes. That result, Chambers noted, is just an average.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

FEBRUARY 19, 2020

For example, original equipment manufacturers (OEMs) spend an average of 57 days waiting. Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Deep Dive: Keeping Online B2B Shopping Safe And Simple.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The It’s All About The Use Case . And they need customer data — at least some.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

DECEMBER 31, 2020

percent of millennials believe it is “very” important to receive payments in real time. percent more B2C merchants than B2B merchants offer discounts, for example, and 11.1 Key Data Points: The portion of consumers shopping and paying for retail goods online increased 34.9 percent trust that their information is secure.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

FEBRUARY 11, 2020

Consumers have long grown accustomed to online shopping, but familiarity does not necessarily result in increased purchase volumes. They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. BNPL Solutions and Breathing Room .

Millennials 130

Millennials Retail Mobile Online 130

PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

APRIL 2, 2019

With more consumers than ever turning to mobile apps for their QSR orders, the competition among online ordering platforms is increasingly fierce. Burger King, for example, is downgrading the price of its signature sandwich, the Whopper, to $.01 Around the Mobile Order-Ahead World. 01 for a short period of time.

Security 152

Security Mobile Branding User Experience 152

PYMNTS

FEBRUARY 21, 2020

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. The Sizable Online Fraud Threat. Vendors do not always find the transition to online selling to be easy.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Security Remains Innovation’s Watchword.

Industry 168

Industry New York City Online Security 168

PYMNTS

JANUARY 27, 2021

Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets. This financing option could appeal to even financially secure consumers who wish to avoid credit card interest rates. and unemployment became more widespread.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

OCTOBER 1, 2019

In another example of tech ownership (paving the way for contactless payments), just under one-third of consumers, 31 percent, own voice-activated devices, up from 27 percent last year. In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 percent of the bridge millennials and 42.2

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

Security 100

Security CA Payments Big Data 100

PYMNTS

JUNE 26, 2020

You can do better credit scoring now, for example, because you can see all [banks’] transactions with all of their clients,” he said. Open banking’s nature fortunately provides superior data security to traditional banking models. Open banking can substantially increase the security of customers’ personal information.

System 198

System Data Security Examples 198

PYMNTS

DECEMBER 7, 2020

Given the importance of banking, the growing prevalence of online banking and the inherent confidentiality of banking-related personal data, he said he sees the failure to use geolocation — a common but high-value fraud deterrent — as inexplicable. The banking industry’s explanations for not using geolocation don’t cut it, Briggs said.

Fraud 232

Fraud Data Detroit Security 232

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

JANUARY 21, 2021

The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders. retailers have digital oversights that leave them vulnerable to attacks. Debit And The Fraud Catch .

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

APRIL 2, 2019

With more consumers than ever turning to mobile apps for their QSR orders, the competition among online ordering platforms is increasingly fierce. Burger King, for example, is downgrading the price of its signature sandwich, the Whopper, to $.01 Around the Mobile Order-Ahead World. 01 for a short period of time.

Security 100

Security Mobile Branding User Experience 100

William Mills

APRIL 7, 2016

Observing the financial struggles their parents endured, the millennial generation — those born between the early 1980s to the early 2000s–have developed a different point of view about finances and the financial industry than those of the baby boomers or Generation X. Retirement.

Millennials 40

Millennials social media Video Resources 40

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Capital One, for example, has partnered with Older Adults Technology Services and the National Council on Aging to create a series of free online courses to educate seniors about digital banking: Ready, Set, Bank. . Source: Capital One.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

APRIL 10, 2020

As he told Webster, taking an individual’s relationship with their financial institution (FI) as an example, an omnichannel experience (at a high level) offers the ability to interact with the FI in the physical or digital realm using any device. For example, older consumers in developed economies such as the U.S.

Examples 168

Examples Mobile Security Technology 168

PYMNTS

MAY 18, 2020

Stretch back through the decades and you’ll find any number of examples — Henry Ford’s mass-produced autos, and more recently the internet and mobile phones. What might be surprising is the number of consumers who will continue their new online habits. Even more remarkable is that 5.1 percent of Gen X consumers have done the same.

Online 183

Online Retail Millennials Study 183

PYMNTS

SEPTEMBER 16, 2019

In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Out are the devices that connect to the internet but only do one thing – fitness trackers that only track vital stats or eReaders that only download content, for example.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles. Flexibility and Choice.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

NOVEMBER 28, 2016

TransUnion Vice President Heather Battison recently joined PYMNTS to discuss how consumers are overcoming their cybersecurity fears to hunt down bargains online. For many consumers, it looks as though the convenience of online shopping can offset the security risks that may come with of online shopping.

Millennials 100

Millennials Security Online Survey 100

PYMNTS

JUNE 28, 2017

From their affinity for brunch (and avocados on toast ) to their attachment (uncorded, of course) for subscription services , it’s no secret millennials have some significant spending differences compared with older generations. Focusing on mobile millennials. Making faster payments more secure. That can be a tremendous help.

Millennials 108

Millennials Security Mobile social media 108

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 186

Millennials Maine Study Security 186

PYMNTS

FEBRUARY 14, 2020

Is No-Factor Authentication Digital Security’s Future? CAPTCHA is an obvious example of a “security” step that mostly succeeds in locking out valid customers, and the same idea applies to all of the little hurdles users must overcome during an experience. In fact, more online payments mean merchants have less cash in the till.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers.

Fintech 224

Fintech Idaho Apple Google 224

FICO

OCTOBER 18, 2018

We are all used to articles that make sweeping generalizations about age – millennials and avocados springs to mind! But it can be difficult to really understand how, or if you should be customizing online experience to different age group, and how you do that when you must also manage fraud and security. Tweet Chat. October 30.

Survey 40

Survey Fraud Security Groups 40

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 150

Millennials Maine Study Security 150

PYMNTS

MARCH 3, 2020

Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

FEBRUARY 26, 2019

As has been spotlighted in these pages, engagement is of paramount importance in financial services, no matter the setting — at branches, online or even through the Internet of Things (IoT). He termed the above example as a “bi-directional secure dialog, using that mobile device, between the bank and the consumer.”.

Mobile 181

Mobile Examples Millennials Digital Banking 181

PYMNTS

JANUARY 17, 2017

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. For example, a device could be a piece of the puzzle, assuming that said device is tied to a person’s phone number, email or address.

Millennials 100

Millennials Data Fraud social media 100

PYMNTS

AUGUST 13, 2018

Consumers, particularly millennials, are increasingly paying their bills online. are paid online, with 61 percent of those payments coming from millennials. Avail, along with its companion in the space, Cozy, are part of a growing group of online platforms looking to upend the rental process.

Payments 100

Payments Online Millennials Boston 100

PYMNTS

APRIL 19, 2018

Why shop at a department store when there’s an online marketplace where the same goods can be found for less money? The company has also shifted its focus to online sales and seen those figures climb consistently over the last year and half — although those digital sales do tend toward the lower margin.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

MAY 26, 2017

One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform. The lack of payment innovation could increasingly become an issue as more millennials become parents and consider activities for their families.

Marketing 115

Marketing Payments Community Millennials 115