NCR

JUNE 29, 2016

Turns out that was just a preview: Another Facebook executive, EMEA operations chief Nicola Mendelsohn, recently predicted that within five years Facebook “will be definitely mobile, [and] it will be probably all video.”. And it has to do with the dreaded ‘m’ word: Millennials. It’s always been that way. This is the new normal.

Millennials 45

Millennials social media Video Tools 45

PYMNTS

DECEMBER 6, 2019

Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers. It is often too risky for drivers to carry large amounts of cash, but other payment tools can be problematic as well.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. Priceline Uses AI To Help Fight Fraud. Combating fraud, however, comes at a cost, as burdensome security procedures may scare away legitimate customers.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

OCTOBER 21, 2018

JPMorgan Chief Executive Jamie Dimon views technology as a way to keep back the competition from FinTech startups that are luring over millennial customers in droves. The CEO also sees technology as the key way to address and fend off cyberattacks and financial fraud.

Fintech 194

Fintech Fraud Millennials California 194

PYMNTS

JANUARY 14, 2021

One survey determined that 19 percent of failed deliveries stem from erroneous delivery addresses, for example, and 66 percent of respondents cited address accuracy as key to their business operations. Merchants must therefore verify addresses to diminish the number of human errors. Gaining Consumer Trust.

Analytics 170

Analytics Data Study Millennials 170

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

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130

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. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. CUs need to ensure that their operations are secured if they want to maintain member loyalty.

United States 174

United States Security Innovation Mobile 174

PYMNTS

NOVEMBER 15, 2017

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. The company, which operates more than 815 stores in 57 countries, did not say which specific locations were affected.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

NOVEMBER 27, 2019

That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology. Bringing new technologies into the fold, such as artificial intelligence (AI) at the back end of a CU’s operation, becomes easier. Increasingly, technology itself promotes a personalized experience.

Innovation 215

Innovation Millennials Technology Examples 215

PYMNTS

JUNE 7, 2017

Consumers are living more digital lives, and that is being reflected in the way they pay,” said Mark Ernst, chief operating officer at Fiserv. Fifteen percent of consumers said they had used a digital wallet in the past year. The survey goes on to recommend that adding or promoting these capabilities could help drive further adoption.

Survey 115

Survey Mobile Millennials Cards 115

PYMNTS

DECEMBER 14, 2016

In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016. Socure ’s mission is to assist companies of all sizes in adapting their protection to meet the ever-evolving nature of fraud.

Fraud 100

Fraud Compliance Capital Leadership 100

PYMNTS

NOVEMBER 24, 2020

Fully loaded costs of processing checks could be as much as $10 or more per payment, and printing checks and reconciling payments can be time-consuming, taking attention away from other tasks within a company’s operations. Virtual cards, he added, have additional value in protecting corporates against fraud. “As

Cards 181

Cards Fraud Payments Millennials 181

PYMNTS

FEBRUARY 19, 2020

Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

OCTOBER 1, 2019

No matter what happens with the deadline (one can expect bigger operators to generally meet it, while a good number of mom-and-pop operations will not, he said), the new date provides fresh opportunity for convenience stores and gas stations to become better at customer experience and engagement. gas stations and convenience stores.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

MAY 13, 2019

“If you look at all the security problems out there (everything involving the internet, breaches, malware on your operating system), the internet and the operating system are inherently insecure. And why would you want your banking built on that inherently insecure system?”

ATM 134

ATM Mobile Security Online 134

PYMNTS

AUGUST 25, 2016

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? If it sounds a bit familiar, it is probably that the service has been operating for several years under the name clearXchange. So, will people excel at Zelle?

Millennials 100

Millennials United States Mobile Risk Management 100

PYMNTS

SEPTEMBER 30, 2019

trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Marketplaces need to approach fraud and counterfeit protection in new ways as cybercriminal and consumer preferences continue to shift.

Online 101

Online Fraud Branding social media 101

PYMNTS

AUGUST 13, 2020

consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost 50 percent when talking about millennials. As Evers pointed out, companies that do this can actually increase profits by up to 60 percent “just by simplifying the business operations.”.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. News From the Digital ID Space. contact-form-7] About the Tracker.

Security 110

Security Report National Millennials 110

PYMNTS

MARCH 15, 2018

When Toys R Us first announced its bankruptcy a little under six months ago, it was with an almost upbeat tone: The move would allow the firm to refashion both its capital and operating structures and hit a reset on the business. Boomers vs. Millennials vs. Scammers . It even managed to garner a $3.1 affecting 33,000 jobs nationwide.

Payments 108

Payments Millennials US Fraud 108

PYMNTS

MAY 10, 2018

We have some sectors that are hit hard with EMV fraud and others that are barely touched,” Riley explained. “I Of those verticals seeing fraud, anything that is sold in high-end and medium retail is hit often, and hard, as are liquor operations. Millennials are traveling and leaving their credit cards at home.

National 130

National System United States Fraud 130

PYMNTS

SEPTEMBER 11, 2017

In a nutshell, that’s what PayPal Chief Operating Officer Bill Ready said is both the problem with and the path forward for in-store mobile payments. And, he noted, doing all of that across operating systems and platforms — and, increasingly, connected devices. Those use cases, Ready noted, evolve as the needs of their users do.

How To 159

How To Online Millennials Mobile 159

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. 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 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. That applies to younger consumers, including millennials , Geeslin noted.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. There’s a younger generation in the U.S. And one credit union experiencing a cyber hit is always a huge concern.

United States 102

United States Millennials Course Lending 102

PYMNTS

MAY 9, 2019

If you look at all the security problems out there, everything involving the internet, breaches, malware on your operating system — the internet and the operating system are inherently insecure, and why would you want your banking built on that inherently insecure system?”

Online 100

Online ATM Security Millennials 100

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

APRIL 9, 2020

In the latest Disbursements Tracker® , PYMNTS examines the impact of COVID-19 upon disbursements and payments, how businesses and government bodies are responding to the increased need for faster payments and rising fraud and security concerns in this space. Around The Disbursements World. Organizations such as the U.S.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

MARCH 8, 2018

That’s the question Brian Dorchester, EVP of Operations at First American Payment Systems , explored in this week’s Commanders In Chief series. Together, participating payments professionals and acquirers are working to decide how to handle operations and manage risk in the changing environment.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

MAY 29, 2020

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? Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

Abrigo

MAY 5, 2022

Banking artificial intelligence (AI), the customer experience, enticing millennials, and change management are among subjects tackled in recent episodes. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. Fraud Prevention. Learn More.

Community 195

Community Lending Maine Resources 195

PYMNTS

MAY 14, 2018

Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as we know them are soon to be replaced by self-driving software platforms that we will call “cars” mostly out of nostalgia.

Millennials 101

Millennials Operations Mobile Cards 101

PYMNTS

APRIL 23, 2019

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted. Wrap even modest rewards in a digital wrapper and, perhaps, demand will follow.

Apple 200

Apple Cards Payments Course 200

PYMNTS

JULY 31, 2017

The Tracker is a bimonthly report showcasing the most significant developments reshaping the credit union market, with attention paid to the biggest partnerships and acquisitions in the industry, notable tech innovations and the shifting regulations that could drastically change how these institutions operate.

Report 114

Report Innovation Regulation National 114

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Fraud detection. Detecting fraud is a combination of artificial intelligence and human expertise. Lloyds Banking Group is currently experimenting with Pindrop , a fraud detection mechanism focusing on voice analysis by phone printing. Customer care.

Big Data 111

Big Data Data Fraud System 111