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Five At Five: Amazon’s Online Ad Push Gains Steam

PYMNTS

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. Samsung Eyes Millennials With Smartphone Revamp. Welcome to Five at Five, your late look at today’s commerce and payments news.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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.

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Building A More Trustworthy eCommerce Marketplace

PYMNTS

However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud. According to the firm’s general counsel, Nathan Garnett, the marketplace relies on both machine learning and human analysts to improve its anti-fraud responses.

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Teenager-Focused Digital Bank Wins Fresh Funding

PYMNTS

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. But let’s not forget the role of the teenager in digital retail, financial services and transactions. Retail and Teenagers.

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Mobile Payments: What’s In It For Me?

PYMNTS

South Korea has 11 mobile payment services such as KakaoPay, Naver Pay and Samsung Pay, and around 28 million cards were loaded onto users’ smartphones in the second quarter. Samsung Pay provides gift cards from Dunkin’ Donuts, and users earn money with its own rewards prepaid card. billion won from the previous quarter.

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PayPal Pivots in Response to Heat from the ‘Pays’

Gonzobanker

Mobile wallets from players like Visa, MasterCard and Chase build upon a strong base of scale and platform, while wallets from firms like Apple, Google and Samsung are tightly integrated into consumers’ mobile behaviors. What’s ironic is that not long ago, PayPal was listed as the most popular mobile wallet among Millennials.

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Why Credit Unions Can’t Take Member Trust For Granted

PYMNTS

By way of example, Fagan noted that with the “pays” ( Apple Pay , Google Pay and Samsung Pay ), if those firms tried to go individually to several thousand credit unions, the effort would be a struggle. Giving Them What They Really Want. Webster wondered whether there might be a disconnect here.