PYMNTS

NOVEMBER 21, 2017

For the first time, innovative and secure apps will provide personalized services and information to cover all financial needs in one place, and make it easy for people to find out what bank account is best for them.”. As the U.K. ’s entrepreneurs are struggling in today’s financial services climate. ’” said Gorst.

Fintech 115

Fintech Millennials Meeting Innovation 115

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. Ask the Simple Question, Get the Right Insight.

How To 232

How To Millennials ATM Fintech 232

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

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

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

NCR

JUNE 21, 2016

According to a recent study , all four of the leading banks are among the ten least-loved brands by Gen Y, and one in three millennials revealed they’re open to switching financial institutions in the next 90 days. Millennials don’t like traditional banks and don’t see any stark differences between them. The Rise of the Digital Bank.

Millennials 45

Millennials Data Study Digital Banking 45

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

MAY 5, 2020

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing back from the pandemic — more so than other financial institutions. N26’s co-founder and CEO Valentin Stalf said the FinTech has enough cash but went for additional funding as more people “bank from home.”.

Payments 140

Payments Millennials Fintech Online 140

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. legacy banks and FinTech startups alike. The FinTech is South Africa’s first fully digital bank. including German bank N26. About the Tracker.

Digital Banking 176

Digital Banking Innovation Fraud United States 176

PYMNTS

MAY 6, 2016

The company announced on Wednesday (May 4) that it secured $11 million for its freight procurement solution, which allows commodity traders across the globe to book freight and logistics services via an online portal. Canada-based Bench stands as this week’s sole B2B FinTech company that secured venture capital this week.

Fintech 100

Fintech San Francisco Capital Big Data 100

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 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

MAY 29, 2020

FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners. Consumers expect secure and fast access to digital tools.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JUNE 26, 2020

More than 10,000 financial institutions (FIs) around the world are implementing or exploring open banking , an emerging trend in the financial industry that allows banks and FinTechs to freely share their data, encouraging collaboration and the development of new customer-facing services. Open Banking Prevents Data Exposure. In the U.K.,

System 198

System Data Security Examples 198

PYMNTS

MAY 27, 2020

CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January. The company said the account is secure and offers rewards for savers with higher interest relative to the national average of transactional accounts.

Samsung 131

Samsung San Francisco National Millennials 131

PYMNTS

AUGUST 7, 2019

This time around, according to the site, the banks will commence the second phase by October of this year, and there already exists collaboration between banks and FinTechs for the exchange of data and various financial services functions. According to reports, the FinTech expects to broaden its customer base and strengthen its partnerships.

Digital Banking 129

Digital Banking Fintech Millennials Data 129

PYMNTS

JUNE 7, 2019

As has been recounted in this space, the European Union’s SCA regulation looks to have hundreds of millions of consumers confirm they are who they say they are when they buy goods and services online. PetSmart aims to take its online venture public at a valuation of around $7 billion.

Fintech 101

Fintech Study Online Retail 101

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., percent of shoppers who bought something via smartphone first discovered that item online. Cashierless Checkout.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JUNE 27, 2019

For better authentication, financial institutions (FIs) are experimenting with artificial intelligence (AI) and biometrics, attempting to create security measures that don’t frustrate consumers. In the latest Digital Banking Tracker™ , PYMNTS examines how banks are innovating to address these security vulnerabilities.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

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. Firstly, regulators driving Open Banking or Open Data (e.g.

Customer Experience 191

Customer Experience Survey Trends Data 191

BankBazaar

JULY 1, 2019

Given the emergence of Indian millennials as a key target group for every marketer, we recommended a specific focus on this target group in client’s communication. We launched a category-first Millennial Aspiration Index representing the target group’s aspirations. The award is in recognition of BankBazaar Aspiration Index 2018.

social media 60

social media Millennials Conference Groups 60

PYMNTS

JANUARY 25, 2021

A United Arab Emirates-based FinTech recently took in $23 million in Series A funding to power its delivery of such services. Eighty percent of Ant Financial’s Huabei credit offering users are from the Generation Z or millennial demographics, for example, according to recent reports. Interest in BNPL is not limited to the U.S.

Payments 185

Payments Tools Retail Cards 185

FICO

MAY 23, 2017

Millennials hate banks, so much so that a majority would rather visit the dentist than listen to what banks are saying. New fintech products—across a wide range of areas including lending, wealth management, and payments—are going to lead to the unbundling of the financial services industry. Silicon Valley is coming.

Fintech 40

Fintech Millennials Survey Lending 40

PYMNTS

SEPTEMBER 18, 2018

The rise of FinTech offers a bit of a prism through which to view those events. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. It should be noted that almost all mortgage security finance (i.e., That’s adjusted for inflation.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. The move comes in the face of growing evidence that the loans they have sold and secured have not quite performed up to par. ” Will those securities pay?

Lending 116

Lending Security Philadelphia Dallas 116

Abrigo

FEBRUARY 3, 2017

At most institutions, the borrower’s experience typically follows this pattern: • As a potential business borrower, you fill out a form online, and a lender from the institution will get back to you sometime soon. • There is no document ping pong, and you submit everything online securely. •

Lending 150

Lending Community Bank Meeting Community 150

Accenture

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. What the future holds.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

FEBRUARY 13, 2020

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. However, the branch experience does need to evolve, he noted, as FIs see their own customer demographics shift toward younger, tech-savvy millennials. As Brown said, “In markets such as the EU and the U.K.,

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

FEBRUARY 4, 2020

It’s an opportunity for FinTechs, too, to develop new platforms through which SMBs can access a new form of capital without facing some of the drawbacks of other financing processes. Indeed, experts agree that the JOBS Act will gradually forge new paths as FinTechs explore how to wield the legislation and promote SMBs’ access to capital. “SBA

Lending 131

Lending Capital Strategy Millennials 131

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Battle For Millennials. It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. How To Win The $1.4T

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

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. This leaves many without the “creditworthy” data that makes “thin files” thick. This is the conundrum,” Ayers admitted. “If

Millennials 100

Millennials Data Fraud social media 100

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. Mastercard’s Ethoca On Helping Merchants Grapple With The Upcoming Chargeback Deluge.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JUNE 27, 2019

This offering is the latest set of APIs made available to issuers and FinTech firms via the Visa Next “digital-first” platform offering. cardholders have reported installment payments as helpful for budgeting, 70 percent believe they can alleviate the stress of making large purchases and 60 percent of millennials in the U.S.

Lending 188

Lending User Experience Cards Fintech 188

PYMNTS

OCTOBER 30, 2019

Not only is that payments deal being extended — a sign of how FinTech is starting to play ever more closely with retail — but the two businesses will create and launch a FinTech accelerator. The next big thing in retail is the integration of FinTech and retail tech,” he said. “In Retail FinTech Trends. Omnichannel Power.

Retail 110

Retail social media Fintech Study 110

PYMNTS

JANUARY 29, 2019

Innovation remains desired by the respondents of the Index — but perhaps not to the overwhelming degree one might expect in a world where FinTech and digital wallets, and all manner of mobile banking, seem to make daily headlines. He added, though, that security remains the number-one reason why members choose a particular card.

Innovation 176

Innovation Fintech Data Community 176

CB Insights

AUGUST 6, 2017

Fintech 250: The Tech Startups Redefining The Financial Services Industry. Disrupting Banking: The Fintech Startups That Are Unbundling Wells Fargo, Citi and Bank of America. Disrupting Banking: The Fintech Startups That Are Unbundling Wells Fargo, Citi and Bank of America. FINANCIAL TECHNOLOGY. CONSTRUCTION TECH. INDIA TECH.

Industry 78

Industry Marketing Fintech Software 78

PYMNTS

JUNE 8, 2016

This is due, in large part, to our pioneering partnerships with FinTech companies and card program managers. We were also the first to introduce a virtual Visa consumer prepaid card that was used exclusively for more secure online purchasing. PYMNTS: Where do you look for innovative ideas, and why? PR: “Gets” it?

Innovation 100

Innovation Millennials Cards Fintech 100