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

DECEMBER 3, 2019

Also, Visa is working with four global finance firms to help FinTechs issue plastic as well as digital payments. New Visa Alliances Help FinTechs Launch Payments Solutions. Visa is working with four global finance firms to help FinTechs issue plastic as well as digital payments. operations. operations.

Fintech 132

Fintech Colorado Payments Operations 132

PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec.

Trends 175

Trends Fraud Millennials Community Bank 175

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 23, 2020

Trading FinTech Robinhood Markets Inc. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. has grown the size of its newest investment round to $660 million, Fox Business reported, citing a representative from the firm.

Arizona 178

Arizona Customer Experience Texas Millennials 178

Gonzobanker

APRIL 4, 2024

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. of Millennials, 7.5%

Comparison 102

Comparison Fintech America Survey 102

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

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

SEPTEMBER 24, 2019

Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Millennials no longer rule the mobile services space. Small banks can struggle to develop such services and keep them secure, however. Find the full story in the Tracker.

Mobile 246

Mobile Payments Apple Millennials 246

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

JULY 25, 2019

legacy banks and FinTech startups alike. In South Africa, digital banking FinTech TymeBank has reached 400,000 customers just a few short months after opening in February. The FinTech is South Africa’s first fully digital bank. An increasing number of banks are expanding to new markets in an effort to grow their customer base.

Digital Banking 176

Digital Banking Innovation Fraud United States 176

PYMNTS

MARCH 12, 2019

Any security mishap can send customers to one of the other digital banking apps that are ready and waiting for them. In the new Digital Banking Tracker , PYMNTS examines the ways digital banking is changing as security measures grow more stringent, and challenger banks look to amass more customers. About the Tracker.

Digital Banking 209

Digital Banking Fraud United States Security 209

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. That’s the picture emerging as B2B payments hustle to catch up to consumers who ran off giddily with P2P and the FinTechs. But gig workers’ payment preferences are clearly on the side of instant , almost regardless of individual income security.

Millennials 130

Millennials New York City National New York 130

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. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

SEPTEMBER 24, 2020

24) announced a $50 million Series D investment round and the purchase of two companies: Inspyrus, a Silicon Valley FinTech that specializes in AP, and Regal Software, the Atlanta-based provider of B2B disbursement software. Trading FinTech Robinhood Markets Inc. Trading FinTech Robinhood Markets Inc. MineralTree Inc.,

Company 137

Company Payments Atlanta Massachusetts 137

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. One such obstacle is the growing competitive threat from FinTechs, which often specialize in the technologies that FIs are trying to implement. million compared to unsecured companies’ $5.16

ATM 151

ATM Fraud Study Regional 151

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

JANUARY 24, 2020

What they said may surprise FinTech insurgents and orthodox bankers, because what they want is simple: more digital sway when it comes to their own money. In the new PYMNTS Consumer-Centric Authentication Playbook : Taking (Authentication) Control, we asked nearly 3,000 U.S. banking customers about what makes (or breaks) a mobile banking CX.

Mobile 166

Mobile Fraud Millennials Security 166

Insights on Business

FEBRUARY 13, 2019

Protection (Security). Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks. For example, there are teams focusing on: Onboarding and Enchantment.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

MAY 29, 2020

FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services?

Maine 130

Maine ATM Innovation Millennials 130

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

Insights on Business

JUNE 14, 2017

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

MARCH 9, 2018

Today in PYMNTS data, Verifone’s first-quarter earnings largely met expectations, B2B FinTech firms are targeting millennials and small- and medium-sized businesses (SMBs) with digital financial services and blockchain appears to have real potential for market disruption. 206 million | Value of U.K.-based

blockchain 101

blockchain Data Millennials cryptocurrency 101

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. It will be available to U.S.

Samsung 131

Samsung San Francisco National Millennials 131

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

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

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. Yet, if one looks at FinTech innovators in the field, there are ways to work through that, and break up the process of onboarding to smooth the flow dramatically.

Online 123

Online Millennials Digital Banking Maine 123

Abrigo

MAY 5, 2022

Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm.

Community 195

Community Lending Maine Resources 195

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

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

OCTOBER 4, 2019

Without the resources to build out their own digital SMB lending platforms, the natural next step is to collaborate with FinTechs, a strategy that today has become commonplace for financial institutions big and small. If smaller players can’t build that themselves, they must collaborate to offer it to their SMB clients. In the U.S.,

Lending 152

Lending Community Bank US Community 152

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

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.

Millennials 100

Millennials Data Fraud social media 100

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

JUNE 7, 2019

Spencer McLain, vice president, EMEA at Whitepages Pro, told PYMNTS that these merchants will start seeing declines on European-based transactions if they are not exempt by falling under certain thresholds, or if they do not apply 3D-Secure authentication methods to verify card-not-present transactions.

Fintech 101

Fintech Study Online Retail 101