PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Yet, cloud accounting has also emerged as a valuable tool in the ultimate exit of a small business, too.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

JANUARY 25, 2021

Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments. Consumers frequently used BNPL to buy clothing, with that merchandise category claiming 71 percent of transactions made with the financing tool.

Payments 185

Payments Tools Retail Cards 185

Bank Innovation

JUNE 28, 2018

Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $9 million in a new round of funding today.

San Francisco 170

San Francisco Millennials Tools Management 170

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 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

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

PYMNTS

OCTOBER 23, 2020

Morgan Chase is banking on QuickAccept to edge out FinTech rivals Square and PayPal. JPMorgan Chase is banking on QuickAccept to edge out FinTech competitors PayPal and Square. Suppliers that want to reach business customers internationally need the appropriate plans and tools implement to handle different concerns.

Apple 149

Apple Maine Millennials Bitcoin 149

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

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. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 30, 2019

Also, a study by Adobe Analytics found that the upcoming holiday shopping season is expected to break records in online spending. A study by Adobe Analytics found that the upcoming holiday shopping season is expected to break records in online spending. Online marketplaces need to keep users safe as shopping keeps becoming digital.

Analytics 101

Analytics Study Payments Fintech 101

PYMNTS

AUGUST 21, 2020

FinTech players are also grabbing deposits. And lastly, COVID-19 has pushed the majority of commerce online, which can be bad news for smaller financial institutions (FIs). Lesher said such tools can reduce scam transactions to just 1.3 Square announced $1.3 What Modernization Looks Like .

Cards 224

Cards Mobile Community Bank Community 224

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 21, 2017

Whether it’s in-app tools that offer advice on monthly spending, new services to help parents teach their kids about money management or a publicity campaign aimed at raising public awareness of the threats posed by cyber fraud, the financial sector is making consumer education a priority. Building smarter, more informed consumers.

Report 131

Report Digital Banking Millennials Fraud 131

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

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

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

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. Consumers are given another tool by which to manage their spending, and merchants generally see increased conversion rates and bigger basket sizes when those options are presented to their customers.

Lending 188

Lending User Experience Cards Fintech 188

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. managing director at Melissa, told PYMNTS. But when you pull a rope, you go somewhere.”.

Innovation 289

Innovation Payments Trends Regulation 289

Gonzobanker

APRIL 3, 2019

It’s not a “Millennial thing.” According to a recent study by Ellie Mae, 92% of all home borrowers research online before applying. Consider fintech partnerships that offer digital delivery. Most of the time, self-service on-demand is more convenient because it’s on the customer’s terms. So what can GonzoBankers do to keep up?

social media 99

social media Exercises Millennials Training 99

PYMNTS

FEBRUARY 20, 2019

Go big or go home — that could describe Tencent ’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of the China-based internet firm that is responsible for WeChat and other digital tools. billion in capital via 924 funding rounds last year.

Mobile 129

Mobile America Fintech Capital 129

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year.

Millennials 145

Millennials Lending System Data 145

PYMNTS

JANUARY 10, 2020

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. 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.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

JUNE 27, 2019

Fraudsters are finding new ways to slip past technological defenses, which leaves banks constantly upgrading the tools used to keep them out. California-based FinTech Binji has just come out of stealth mode with a new consolidated card. Other companies are working to marry security with customer comfort. About the Tracker.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

DECEMBER 3, 2020

percent of Black Friday online shoppers used flexible buy now, pay later (BNPL) credit offers to pay for their purchases. On the flip side, the survey showed that BNPL was used less than 10 percent of the time to buy cars, tools and auto parts. New consumer data from PYMNTS shows 3.7

Survey 167

Survey Study Retail Millennials 167

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 But news broke late Tuesday afternoon (Oct.

Retail 110

Retail social media Fintech Study 110

PYMNTS

APRIL 2, 2018

The entrance of non-bank FinTechs and alternative lenders, too, is adding new pressures on traditional FIs to up their digital games. Giving their employees cutting-edge technology with world-class tools will give them a competitive advantage.”. Online lenders and alternative players were a wake-up call to banks,” explained Glover. “The

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

JANUARY 2, 2017

Increasingly, as the holiday data shows, online and at Amazon. Millennials Are In For Some Hard Times. The data is grim — 2017 and beyond don’t bode well for the financial future of the millennial generation. And the implications for every single player in FinTech could be profound. “

Millennials 119

Millennials Apple Retail Mobile 119

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. Here are the FinTech startups unbundling banking.

Industry 78

Industry Marketing Fintech Software 78

Gonzobanker

JULY 31, 2017

Are mobile wallets a threat to PayPal’s online payment dominance? This strategic shift — what I’ll call the PayPal Pivot — is the result of PayPal seeing the threat of mobile wallets to its online payment dominance. What’s ironic is that not long ago, PayPal was listed as the most popular mobile wallet among Millennials.

Samsung 69

Samsung Apple Mobile Online 69

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

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. For example, Trumid is an online trading platform providing corporate bond market professionals with direct access to liquidity. First name.

America 101

America Lending Cards San Francisco 101

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

Gonzobanker

JULY 27, 2018

Power 2018 Retail Banking Satisfaction Survey—which did not include any digital-only banks or Fintech providers—found that the most satisfied customers regularly use both branch and digital channels (823 score of a possible 1,000), followed by branch-only users (801), with digital-only channel users the least satisfied (791). Another J.D.

Study 78

Study Survey Millennials Online 78

Fintech Labs Insights

JULY 14, 2016

Today, Student Loan Genius is inviting employers to do the same thing when it comes to millennial workers and student loan debt. The platform includes: Genius Advisor is an online tool access and one-on-one advising to help employees find the best repayment plan and scenario for their goals.

Millennials 12

Millennials Tools Austin San Jose 12

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). (See See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70