PYMNTS

APRIL 22, 2016

In tech, perhaps more than any other industry, the eternal conundrum is to build or buy – innovation. Innovation is the lifeblood of tech, and it is also the greatest threat to tech firms. And that could be good news for FinTech firms or, rather, the folks who start them up and steer them into the arms of large-pocketed suitors.

Fintech 100

Fintech Survey Trends Strategy 100

PYMNTS

DECEMBER 9, 2019

That’s particularly shocking because surveys now place around 73 percent of B2B decision-makers between the ages of 23 and 38 – and nearly 30 percent of people in this age range have never seen the inside of a bank. Statistical swarms of millennials and Gen Zers report never having used a paper check. Embarrass­­­ing, sure.

Millennials 130

Millennials New York City National New York 130

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. A separate survey from management consulting firm Bain & Co. It has also meant working in anticipation of the changing needs of millennial users.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

SEPTEMBER 18, 2018

The changes that tech-savvy workers have imposed on their employers’ travel and expense (T&E) policies and strategies go beyond adoption of expense management FinTech solutions, too. The Pew Research Center found millennials are already the largest generation group in the U.S.

Millennials 138

Millennials Management Technology Innovation 138

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management.

Customer Experience 191

Customer Experience Survey Trends Data 191

PYMNTS

JANUARY 29, 2020

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Market share, asset size and third-party surveys are some of the more common approaches.

St. Louis 130

St. Louis Missouri Survey Kansas 130

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

FEBRUARY 25, 2020

For the purposes of the February 2020 Building A Better App report, PYMNTS asked survey respondents to build the perfect card — spend controls, instant credit, a multiplicity of card controls — just name it. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually. Follow the Smart(phone) Crowd.

Mobile 153

Mobile Cards social media Survey 153

Let's Talk Payments

MAY 24, 2016

Survey finds that high-income and millennial consumers have the highest credit card usage in income and age categories, and most in favor of paying in installments New York, NY—May 23,

Survey 74

Survey Cards New York Millennials 74

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. 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. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MARCH 13, 2017

Several banks are rolling out banking solutions that are specifically focused on winning over millennial customers as they come of age and join the marketplace as adults. Some millennial-focused banking solutions include financial tools to help users manage their money and meet their financial goals. In the U.K., About the Tracker.

Report 149

Report Digital Banking Millennials Tools 149

PYMNTS

NOVEMBER 16, 2017

As credit unions (CUs) face increased competition from traditional banks and new players from the FinTech crowd, many institutions ponder the same question: What can we do to keep our doors open? From Mill Workers to Millennials. While you need electronic channels, you still need a physical branch to bring millennials in,” Senus said.

Millennials 101

Millennials US New Hampshire Resources 101

Independent Banker

FEBRUARY 24, 2016

Three ways millennials could accelerate FinTech trends in 2016. When it comes to finance, millennials are a generation known to be conservative in spending and distrustful of financial institutions. Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement.

Millennials 70

Millennials San Francisco Bitcoin cryptocurrency 70

PYMNTS

JUNE 9, 2020

Right now, at least as found recently in the PYMNTS/PSCU collaboration , “Credit Union Innovation Playbook: Challenger Banks Edition,” CUs face some competitive pressures. . As the survey of more than 4,000 CU members, CU leaders and FinTech executives showed, 41.4

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

MAY 1, 2020

Among the fascinating findings in PYMNTS’ ongoing surveys of Main Street SMBs during the pandemic is this: A majority of small businesses that did not apply for government bailouts simply wished to avoid debt. No matter what. Not even COVID-19 could tempt them. It’s a powerful statement on payments preference.

Guidelines 131

Guidelines Digital Banking Millennials Online 131

PYMNTS

MARCH 3, 2020

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Recent innovations have enabled these machines to perform more functions than ever, including connecting with live tellers at off-site locations via webcams.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

JULY 18, 2016

However, when it comes to embracing innovation, some companies are hesitant to put adoption of technology at the top of their to-do lists. 90% of CFOs rely on their relationships with the bank when seeking advice on short-term investments, found the 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors.

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Survey Technology Management Millennials 100

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. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

Bank Innovation

APRIL 17, 2017

And, according to the 2016 edition of PwC’s Employee Financial Wellness Survey , financial stress is on the rise, with Millennial’s typically in worse shape with regards to their personal finances than previous generations.

Fintech 268

Fintech Innovation Survey US 268

William Mills

APRIL 20, 2017

This discussion focused on the intersection of the digital and physical worlds and innovation. JPMorgan Chase, Ellie Mae, USAA, and Quicken Loans were part of a panel discussion on their perspectives about fintech. Wilson interviewed 200 women leaders and surveyed more than 3,000 male and female managers from varied industries.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

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. In the last four years, we’ve had the adoption of bitcoin, Samsung and Apple Pay and the explosion of FinTech,” said Jenkins. Now located in the U.S.,

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Security CA Payments Big Data 100

NCR

OCTOBER 3, 2017

At the heart of this innovation is the banking and financial services sector. And it’s not just millennials either, even the baby-boomer generation is coming to rely on apps or voice automated services to handle many of their simpler enquiries – if only for ease of use rather than habit. Don’t be outdone by the new kids on the block.

Millennials 40

Millennials Customer Experience Meeting Innovation 40

PYMNTS

MARCH 9, 2020

It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms. According to our survey, 48.2 Seven percent (7.4)

How To 232

How To Millennials ATM Fintech 232

William Mills

FEBRUARY 4, 2016

Celent shared that 71 percent of bankers surveyed plan to eventually use self-service technology in legacy branches. percent of consumers surveyed recently by CCG Catalyst said they “forget” to use mobile payments when they go to the store. had crossed over to having more weekly mobile bank users than weekly branch bank users.

Report 40

Report Big Data Analytics Strategy 40

PYMNTS

MAY 30, 2016

Nearly 40 percent of SMBs surveyed had (or were in the process of) deployed EMV, with another third planning to do so in the next 12 months. Just a few months ago, at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Get all of the details here.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

OCTOBER 30, 2019

One of the most recent examples of that movement comes from Walmart , the venerable retail chain locked in mortal combat with Amazon, and Green Dot, the 20-year-old payment services provider that has managed to not only survive in a cutthroat industry, but innovate and thrive. Retail FinTech Trends. Omnichannel Power.

Retail 110

Retail social media Fintech Study 110

CB Insights

DECEMBER 7, 2017

FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Fintech deals and funding are on track to reach record highs in 2017. In this analysis, we examine what mortgage tech is, what its impact will be on incumbent players and fintechs, and the key drivers creating a big opportunity in mortgages now. What is mortgage tech?

Millennials 69

Millennials Lending United States Technology 69

FICO

JANUARY 19, 2018

Typically, competition, innovation, and/or regulatory changes drive transformation, resulting in new products, providers, and pricing plans for consumers. According to a survey by bankrate.com , nearly 40% of Americans have not stepped into the branch of a bank or credit union in the last six months.

Analytics 45

Analytics Millennials Retail Data 45

PYMNTS

NOVEMBER 18, 2019

Smart, because if successful, these accounts could become the cornerstone for the everyday app ecosystem that every Big Tech and FinTech player has its sights set on developing – which WeChat and Alipay have already created with great success in China. 4, ahead of PayPal and Amazon. have their gig pay deposited into their PayPal accounts.

Google 177

Google Study Payments Branding 177

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. Millennials. Take the survey today and find out how your concerns compare with others in the industry. That demo and detailed product info?

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

DECEMBER 26, 2016

In fact, 40 percent of gig workers surveyed in the PYMNTS Gig Economy Index reported receiving 40 percent or more of their income from gig economy jobs. Life will go on, and I don’t honestly think it’s going to affect the FinTech sector, but I do agree that it brings a large degree of uncertainty.

Fraud 110

Fraud US Data Payments 110

Fintech Labs Insights

JULY 22, 2015

At the upcoming FinDEVr , 60 leading fintech companies will present their developer-friendly APIs, SDKs, and other solutions to an audience of financial builders and their technical colleagues. It’s the one place to gather tips and techniques from a wide cross section of fintech players in just two days, all at an affordable price.

San Francisco 12

San Francisco Video Fintech Data 12

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. During the pandemic, almost half (48%) of all US physicians said they had treated patients virtually, according to a recent survey. Table of Contents. Telehealth technology.

Industry 101

Industry Technology Online Video 101

CB Insights

OCTOBER 6, 2017

Innovation in microprocessors — particularly Nvidia’s graphic processing units (GPUs) — have played a large role. The Lowe’s Innovation Lab partnered with startup Fellow Robots to build retail robots OSHBot and LoweBot. At risk is an estimated $36T that is projected to be passed from the Baby Boomers to millennials by 2061.

Software 69

Software Industry Retail United States 69

CB Insights

MARCH 2, 2018

Millennials account for one-third of India’s population. Alibaba has said Gamepind is the ideal marketing and promotional platform for merchants to engage with mobile shoppers and casual gamers in a truly innovative manner. The market for Australian goods in China is vast. International INCUBATION.

Regional 68

Regional Retail Marketing Online 68