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. Social Security number as an identifier. News From the Digital ID Space.

Security 110

Security Report National Millennials 110

FICO

JUNE 9, 2016

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. with “Security.”.

Millennials 40

Millennials Fraud social media Survey 40

PYMNTS

JUNE 29, 2016

While security development continues to get more sophisticated, fraudsters keep getting smarter. As a result, fraud prevention and security must be — and is — a top concern for digital companies. According to recently released research from PYMNTS , fraud attacks are on the rise, up 215 percent year over year.

Fraud 100

Fraud Security User Experience Company 100

PYMNTS

JANUARY 26, 2021

Along with the new Alexa capabilities, Amazon is also rolling out its Guard Plus home security subscription service. per month, Guard Plus will turn Alexa into a security guard of sorts, which will alert its owner if it picks up on certain types of sounds in the home. percent said they’d made a voice-assisted purchase in the past day.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

NOVEMBER 8, 2016

Given the staggering volume that comes through in the banking industry, it would follow that securing those accounts would be imperative, especially in the wake of the seemingly innumerable data breaches worldwide. Oftentimes,” explained Clark, these mobile-savvy users “are younger users, such as millennials” or underbanked.

Security 186

Security Mobile Course Data 186

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Global Fraud Attacks. Online Fraud Attack Rates Soar Since October.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

AUGUST 23, 2019

Trending: Meeting The Millennial Need For AI-Powered Visual Shopping. AI-powered is becoming more and more common, and millennials expect companies to have at least a basic understanding of the technology when it comes to shopping. SWIFT: Real-Time Payments Demands Real-Time Security And Compliance.

Marketing 116

Marketing Millennials Payments Compliance 116

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. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. “One I believe [that] things have kind of really evolved.

United States 174

United States Security Innovation Mobile 174

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. You can expect such trends to deepen, intensify and evolve in the coming years. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

AUGUST 3, 2017

Some of the strategies outlined in the Task Force report include allowing a market-first approach to governing the faster payments system, greater education efforts for the industry and more research to develop fraud detection systems. Detecting fraud early and efficiently is a growing concern for all parties as faster payments rise.

Community Bank 117

Community Bank Community Report Millennials 117

PYMNTS

JUNE 28, 2017

From their affinity for brunch (and avocados on toast ) to their attachment (uncorded, of course) for subscription services , it’s no secret millennials have some significant spending differences compared with older generations. Focusing on mobile millennials. Making faster payments more secure. That can be a tremendous help.

Millennials 108

Millennials Security Mobile social media 108

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. v Details Mobile Disbursement Barriers.

Taxes 178

Taxes Mobile Fraud United States 178

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

JANUARY 18, 2017

While there may be a trending idea that it’s successful, turns out, many times certain generations — namely millennials — are more reluctant to give away their data, than one might think. Millennials expect technology to intelligently know who they are, with any investigative work done on the back end.

Retail 100

Retail Millennials Study Technology 100

PYMNTS

DECEMBER 3, 2019

But financial institutions (FIs) have been slow to respond to such trends. To better understand those trends, PYMNTS recently caught up with Christian Ali , senior vice president of product at Entersekt. “We percent of consumers want authentication controls for added security, and 39.9 It found that 70.2 Not only that, but 65.5

Mobile 137

Mobile social media Millennials Exercises 137

PYMNTS

NOVEMBER 28, 2016

For many consumers, it looks as though the convenience of online shopping can offset the security risks that may come with of online shopping. TransUnion’s survey also highlighted another interesting trend when it comes to holiday hacks: Millennials remain a prime target for hackers. Cyberthreats Keep Rolling In.

Millennials 100

Millennials Security Online Survey 100

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Fintech cos are trying to prevent fraud. GET THE 81-PAGE q1 2019 FINTECH TRENDS REPORT. Fintech cos are trying to prevent fraud. End-to-end encryption and two-factor authentication are used to help keep accounts secure. .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

NOVEMBER 7, 2019

Fraudsters are constantly reinventing their approach to schemes, putting businesses and eCommerce merchants in a precarious position of responding to constantly-evolving fraud threats. In other words, it is no longer enough to respond to a fraud attack after it occurs. Across the Fraud Decisioning Landscape.

Data 101

Data Fraud Big Data Analytics 101

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

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

OCTOBER 31, 2019

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.

Fraud 100

Fraud Retail Online Meeting 100

Abrigo

MAY 5, 2022

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195

Community Lending Maine Resources 195

PYMNTS

JUNE 25, 2019

But amid that growth is a fresh trend that could present challenges for law enforcement — the use of such payment methods for illicit transactions, including drug deals. P2P and Millennials. 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

DECEMBER 27, 2019

There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers. FIs are not accustomed to customers telling them which products to offer, but in the mobile instant payments world driven by millennials and Gen Zers, that’s the deal – take it or leave it.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

OCTOBER 23, 2018

As well, digital billing can help reduce healthcare fraud and errors in the $3.5 That’s despite findings that have shown patients are more likely to pay their medical bills if offered online options for doing so, a trend that is stronger with younger patients. trillion-per-year healthcare space. Digital Challenges.

blockchain 173

blockchain Study Case Study Fraud 173

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. Payroll has been trending toward electronic distribution for some time.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

OCTOBER 9, 2019

Cash on delivery is king in our region, but with additional security features like two-factor authentication, 3D secure to prevent fraud on credit cards, more people are building trust with using their cards and paying online,” he said. Global Gig Trends. UReed offers a good view of some of those gig economy trends.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

JULY 31, 2017

CO-OP Financial Services, for instance, announced plans to launch an artificial intelligence solution to tackle fraud prevention by quickly processing data, learning patterns and quickly adapting to changes with little human supervision. For all the latest notable news and trends from around the credit union space, download the Tracker.

Report 114

Report Innovation Regulation National 114

PYMNTS

FEBRUARY 3, 2017

Kadakia noted that along with a wide range of value-added services within their mobile offering, security protections are among the chief concern for consumers when it comes to new payment offerings. According to the Pew report, those who have not adopted mobile payments are staying away because of security concerns.

Payments 100

Payments Mobile Apple Study 100

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. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Payments 110

Payments System Software Mobile 110

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

DECEMBER 4, 2019

Google is not the only big or emerging player in travel, but its recent moves perhaps help to illustrate some of the trends Expedia is trying to follow. Google, of course, isn’t the only game in town, but analysts point to a growing trend of more consumers turning to the search engine for their travel needs, either partially or in full.

Leadership 131

Leadership Industry Google Groups 131

PYMNTS

DECEMBER 4, 2019

Google is not the only big or emerging player in travel, but its recent moves perhaps help to illustrate some of the trends Expedia is trying to follow. Google, of course, isn’t the only game in town, but analysts point to a growing trend of more consumers turning to the search engine for their travel needs, either partially or in full.

Leadership 130

Leadership Industry Google Groups 130

PYMNTS

AUGUST 5, 2016

In that same span, payment with cards, mobile wallets and direct deposit tripled, and the trend is not expected to reverse itself anytime soon. Young people especially have stopped using checks, with a study from WePay reporting that 52 percent of millennials never use checks at all.

Payments 100

Payments Mobile Cards Fraud 100

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. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research. s entry into the payments business with Apple Pay.

Mobile 105

Mobile Community Bank Community Technology 105

Independent Banker

NOVEMBER 25, 2015

The conference’s sponsor, the World Savings Banks Institute, calls digitization the biggest challenge facing savings and retail banks in the near future but also recognizes the trend as “an unparalleled opportunity to fulfill our mission even more effectively.”. Familiar and new. Disrupters have names both familiar and new.

Community Bank 70

Community Bank Community Analytics Lending 70

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