PYMNTS

JANUARY 2, 2019

But will 2018’s strong seasonal spending portend a happy commerce new year for retailers? The vast majority of consumers are still feeling confident about their financial situation, and younger consumers in the bridge millennial demographic are aging into their prime spending years.

Millennials 158

Millennials Fraud Maine Retail 158

PYMNTS

JANUARY 18, 2017

While personalization can bring in customers, it turns out many retailers don’t venture into that personalization realm at all. However, 64 percent say they do use marketing technology to support the retailers’ personalization efforts. At the same time, personalization is a touchy subject.

Retail 100

Retail Millennials Study Technology 100

PYMNTS

AUGUST 23, 2019

Adyen Gains Traction With Mid-Market Firms. Dutch payments processor Adyen showed significant double digit, first half gains, driven by online commerce and global business from mid market firms. So far, Amazon has invested more than $6 billion in India’s growing internet market.

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

JUNE 16, 2016

It’s no wonder why retailers love gift cards – they are known to drive foot traffic, increase revenue, boost their customer base and complement retention efforts. But as consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare?

Retail 100

Retail Cards Fraud Data 100

PYMNTS

AUGUST 26, 2019

From a ride-hailing company expanding into Vietnam to Visa implementing new tools to fight fraud, today’s payments news runs the gamut. The company sees the country as its next big growth market. . Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. Trending: The New Face of Kiosk Retail.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

SEPTEMBER 20, 2019

Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud. In the payments ecosystem, we need look no further than the bridge millennial to see how the connected purchasing experience will evolve over the next decade. Bank: Machine Learning Is Banks’ Best Bet Against Fraud. Trackers and Reports. Fun, Cool and Otherwise Interesting.

Fraud 108

Fraud Payments Bitcoin Lending 108

FICO

JUNE 14, 2021

In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. A BNPL Primer. customers more than double to 6.5 In the U.S.,

Fraud 52

Fraud Cards Millennials Utah 52

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 FICO Admin.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. Surveys and other types of reports are taking note of this apparent trend. About a fifth, by comparison, had used Venmo for gambling.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

FEBRUARY 17, 2020

The travel industry may have seen exceptional growth in recent years, but the space has also toted the heavy baggage of rising fraud costs. Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent.

Security 141

Security Tools Fraud System 141

PYMNTS

JUNE 12, 2019

And, in retail, firms from automakers to merchants are tapping into connected commerce technology. 59 billion: Estimated value of the global biometrics market by 2025. 48 percent: Share of millennial parents who would rather not eat at all than wait in long QSR lines. All this, Today In Data.

Security 148

Security Millennials Data Retail 148

PYMNTS

JANUARY 26, 2021

Market watchers have already begun listing additional features they want to see by the end of the year, according to reports. According to the data, consumers now shop for retail products from home at nearly double the rate they did a year ago, while three times as many have relocated their grocery shopping from the store to their homes.

Millennials 175

Millennials Data Trends Security 175

FICO

DECEMBER 19, 2018

There’s hard data that supports America going cashless; in April creditcards.com reported : Three in 10 Americans say they never or rarely carry cash anymore, according to new data from Capital One , with millennial women in the Southeast and Southwest being the least likely to have cash on hand. Use the city’s transit app.

Fraud 80

Fraud Payments Mobile Cards 80

Accenture

OCTOBER 3, 2017

The drive towards open banking gives them a direct line into a potentially lucrative market. And, crucially, it’s a market where they’re well placed to deliver the flexible, personalized experiences consumers demand. Fear of fraud is the primary factor. That’s no surprise. Read the report.

social media 151

social media Millennials Online Fraud 151

FICO

DECEMBER 19, 2017

Just as the Wild Card Round is followed by the Divisional Round in the NFL playoffs , fraud and payments predictions are always followed by New Year’s resolutions. Sure enough, wallets among fraud and payments professionals had already dropped some poundage. Retailers that don’t offer modern, secure payment choices will lose sales.

Fraud 55

Fraud Payments Cards social media 55

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

JANUARY 27, 2020

In fact, interest in such games “has soared in the past year, with some companies aggressively targeting collectors from more established markets,” according to the report. No doubt millennials will be blamed for some of this, as they have been scapegoated for the decline of diamonds and certain fast-casual restaurant chains.

Video 226

Video Trends New York Report 226

PYMNTS

SEPTEMBER 30, 2019

Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Counterfeit fraud dollars for all U.S.

Online 101

Online Fraud Branding social media 101

PYMNTS

OCTOBER 20, 2016

Those sales could be higher if payments fraud weren’t quite so prevalent a concern. Nearly half — 48 percent — of consumers who shopped online in the past year have experienced payment fraud. Sixty percent had experience with online sales fraud, and 25 percent said that figure is on the incline. The not-so-good news?

Security 100

Security Online Fraud Survey 100

PYMNTS

MAY 28, 2019

billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Incumbents are not standing still and are acting to protect their market share. Market Map: The Startups Disrupting Retail & Commercial Banking.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 20, 2019

Such authentication checks must be quick as customers, especially millennials and members of Gen Z, have come to expect seamless transactions and fast delivery. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Authentication and the Global Economy.

Online 118

Online Millennials Community Fraud 118

PYMNTS

SEPTEMBER 22, 2016

Lucky for you, with the PYMNTS 11, you never have to… 24/7 : How often the customer service department should be open for a 24/7 marketplace, according to Michael Ting, Hyperwallet ’s senior vice president of digital markets. 12% : The average boost paying with Apple Pay gives unattended retail.

Millennials 100

Millennials Apple Mobile Fraud 100

PYMNTS

FEBRUARY 19, 2020

Lilian Shen, director of marketing at B2B furniture and decor rental company CORT Events , explained in this month’s feature story how B2B suppliers can help event planners select the drapery, couches and more by offering convenient visualization tools and quick, mobile purchasing channels.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

SEPTEMBER 4, 2018

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. The push on the part of Amazon to go after the online ad market means customers — including Prime members — are going to see ads in places they haven’t seen them before on Amazon platforms.

Online 100

Online Samsung Millennials Mobile 100

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Already present in retail , HR , and marketing , AI is finding its way in the world of banking. Fraud detection. Detecting fraud is a combination of artificial intelligence and human expertise. Defining AI for banking. Process improvement.

Big Data 111

Big Data Data Fraud System 111

Insights on Business

JANUARY 31, 2019

Like millions of others, I enjoy having a cup of coffee at various retail coffee establishments. On a recent visit to my local coffee shop, I realized how uphill a task this can be with millennials and Generation Z patrons who are joining the ranks of coffee aficionados.

Payments 107

Payments Fraud San Francisco social media 107

PYMNTS

MAY 30, 2016

To add insult to injury here, the Census Bureau’s accounting for online sales as a percentage of retail sales may not be keeping up with the reality of what consumers are doing. Global Fraud Attacks. Online Fraud Attack Rates Soar Since October. Online Fraud Attack Rates Soar Since October. Unattended Retail.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

MAY 10, 2016

Individuals who may not have traditional access to credit, such as millennials, immigrants, the unbanked, etc., The challenge for banks really lies in finding the balance among three significant factors – fraud, acceptance and manual review – Socure thinks about these as three sides to the triangle. Relying on prepaid.

Fraud 100

Fraud New York Data Millennials 100

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. In the rush to serve the tech-savvy millennial market and keep up with the latest developments in mobile and digital banking, some FIs might fall into the trap of overlooking traditional channels.

ATM 85

ATM Mobile Strategy Fraud 85

Gonzobanker

OCTOBER 6, 2015

The reason Amazon has a higher market cap than Walmart today is that investors are seeing the “last mile” of a new retailing model built via the Amazon Prime experience. RBC Capital Markets analyst Mark Mahaney recently estimated that U.S. Shift your battle plan with the shift in fraud.

Cards 60

Cards Fraud Apple Google 60

PYMNTS

DECEMBER 12, 2016

They can control fraud much more effectively,” he said, and there is also the benefit for financial institutions that allow for additional revenue generation. Jain stated that gift cards remain one of the most preferred ways for some retailers’ incentive programs to work.

Cards 100

Cards Mobile Branding Retail 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. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. dollar payments via mobile phone versus, say, a cash card from Walmart or some of the other retailers.” .

Payments 110

Payments System Software Mobile 110

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Telcos and retailers weren’t far down the list. Citing the PYMNTS Global Fraud Attack Index , Jenkins explained that there were 27 fraud attacks for every 1,000 transactions in Q4 2015, an increase of 215 percent over 12 months.

Security 100

Security CA Payments Big Data 100