FICO

OCTOBER 18, 2018

We are all used to articles that make sweeping generalizations about age – millennials and avocados springs to mind! But it can be difficult to really understand how, or if you should be customizing online experience to different age group, and how you do that when you must also manage fraud and security. Tweet Chat. October 30.

Survey 40

Survey Fraud Security Groups 40

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. At least not yet.

Millennials 40

Millennials Fraud social media Survey 40

FICO

MAY 17, 2022

UK consumer fraud attitudes. You can read more about all the UK survey results in our Digital Consumer Banking and Fraud Survey – UK Results Ebook . Banks also have the opportunity to improve fraud response efforts. Millennials are the least impressed. Millennials are the least impressed.

eBook 52

eBook Survey Fraud Millennials 52

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

MAY 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. These are among the key conclusions of Delivering Cardholder Customer Service Report , a collaboration with Elan , for which PYMNTS surveyed of 2,078 U.S.

Cards 216

Cards Data Millennials Report 216

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

NCR

JUNE 29, 2016

And it has to do with the dreaded ‘m’ word: Millennials. When it comes to millennials, however, it’s very different. According to Gallup’s most recent report , barely 25% of all millennials feel an emotional attachment to a brand. This is a demographic that is absolutely vital, and maddeningly elusive. It’s always been that way.

Millennials 45

Millennials social media Video Tools 45

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. And my euro Ziploc now remains empty.

Fraud 80

Fraud Payments Mobile Cards 80

PYMNTS

OCTOBER 20, 2016

According to the 2016 American Express Digital Payments Security Survey , 70 percent of U.S. 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. The not-so-good news?

Security 100

Security Online Fraud Survey 100

Abrigo

SEPTEMBER 2, 2020

Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. These findings are true among all generations surveyed. These findings are true among all generations surveyed. Fraud Prevention. SBA Lending.

Lending 259

Lending Community San Antonio Survey 259

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

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. million.

ATM 151

ATM Fraud Study Regional 151

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Fintech cos are trying to prevent fraud. Fintech cos are trying to prevent fraud. A study published in the American Journal of Public Health found that more than 5% of the elderly population experiences some kind of fraud or scam every year.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 11, 2019

In surveying mobile card app usage for the December 2019 Bridging the Gap: Mobile Card App Adoption Report , PYMNTS found a vibrant, growing payments ecosystem. Based on a survey of nearly 2,000 U.S. Spend control” is the clincher for about 57 percent of those surveyed. It took 70 years for a majority of U.S. App, App and Away.

Mobile 132

Mobile Cards Survey Millennials 132

Abrigo

SEPTEMBER 2, 2020

Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. These findings are true among all generations surveyed. These findings are true among all generations surveyed. Fraud Prevention. SBA Lending.

Lending 195

Lending Community San Antonio Survey 195

Tech and Finance

JUNE 14, 2018

In a recent blog at Articulate Communications I wrote about the number of surveys that public relations firms send out, and how useless many of them are. I just reviewed my Inbox to see what the recent evidence is…the results are below and include six surveys I have received so far today.

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

NOVEMBER 28, 2016

According to a new survey from TransUnion , data breaches aren’t standing in the way of holiday shopping this year. 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

Accenture

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Fear of fraud is the primary factor. Data protection risks and increased potential for cyberattacks also feature highly.

social media 151

social media Millennials Online Fraud 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. Recent PYMNTS research found that 65 percent of surveyed CU members cite the feeling as the main factor for picking a primary credit union.

United States 174

United States Security Innovation Mobile 174

PYMNTS

APRIL 5, 2018

The most recent PYMNTS’ Gig Economy Index , for example, found that 51 percent of gig workers surveyed in the fourth quarter of 2017 reported being paid within one week of rendering their services. The survey was conducted in November and December of 2017 and included 22 FIs that represent 78 percent of the ACH Network origination volume.

Tools 108

Tools Survey Payments Examples 108

PYMNTS

JUNE 22, 2017

When most people picture the kinds of fraud and theft eCommerce had a tendency to attract, the popular mental image is of a fairly high-tech enterprise — hackers, crackers and data jackers vacuuming up card information en masse and either selling it to the highest bidder or using it to snag themselves some unearned lucre.

Online 134

Online Fraud Retail Survey 134

PYMNTS

JUNE 25, 2019

P2P and Millennials. Surveys and other types of reports are taking note of this apparent trend. 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.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

OCTOBER 23, 2018

As well, digital billing can help reduce healthcare fraud and errors in the $3.5 A survey from the Medical Group Management Association (MGMA) and Navicure found that 77 percent of group practices still do paper-based billing. trillion-per-year healthcare space. One recent estimate said that incorrectly coded claims result in $6.7

blockchain 173

blockchain Study Case Study Fraud 173

PYMNTS

DECEMBER 28, 2018

Pierce said the consumer data shows that 13 percent of credit union members have been a victim of card fraud , and 4 percent have had their identities stolen in the last year alone. Moreover, Lynch told PYMNTS, the fraud is coming across on all channels. So, they are just as covered by fraud liability.

Fraud 131

Fraud Mobile Security Cards 131

PYMNTS

APRIL 16, 2019

An ACI Worldwide and YouGov survey, for instance, found that more than six in 10 – or 62 percent – of U.S. Along with the survey, the company also examined the views of customers from specific generations and geographies. adults are concerned about the security of their financial data when making payments at these venues. percent.

Security 140

Security Mobile Retail Survey 140

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

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. UReed offers that payment method, along with PayPal, Payoneer and direct bank transfers.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

JANUARY 1, 2019

Nearly 70 percent of those surveyed expressed a desire for shorter pay cycles, with 45 percent saying they were interested in being paid every week and 24 percent expressing interest in being paid on demand, or as their money is earned.

Payments 198

Payments Industry Millennials Groups 198

PYMNTS

MARCH 24, 2020

We surveyed 2,835 consumers about how they used their banking apps, what they liked about them and what they thought could be improved in order to determine which types of app features would best meet their customers’ demands.

UX 150

UX User Experience Survey Meeting 150

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. Any number of surveys also show that regardless of contrary news headlines, consumers trust banks most with their payments and identity information.

Mobile 105

Mobile Community Bank Community Technology 105

NCR

MARCH 31, 2017

A survey by the company found that, while two-thirds (66 percent) of British consumers use cash on a daily basis, the same proportion avoid businesses that don’t offer alternative payment methods to cash. .” More than two-thirds (68 percent) of respondents said they would have fears about living in an entirely cashless society.

Millennials 40

Millennials Trends Survey Comparison 40

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Citing the 2014 North America Consumer Digital Banking Survey by Accenture, amazingly, 50 percent of people would use banking services from a Square app if they were offered one, and 41 percent would use banking services from PayPal.

Security 100

Security CA Payments Big Data 100

PYMNTS

SEPTEMBER 3, 2018

In the latest survey of just about 10,000 gig economy workers, only 47 percent of those gig workers have a regular full-time job. The survey, done in conjunction with Unifund , uncovers that in general, among the four categories (No Worries, On the Edge, Second Chances and Shut Outs), many Americans live paycheck to paycheck.

Mobile 100

Mobile Course Digital Banking Survey 100

PYMNTS

OCTOBER 13, 2016

businesses are underestimating the problem says a global survey from Plano, Texas-based NTT DATA. Digital Currency – Millennials Just Aren’t That Into You. In a Toronto university campus-like town called Liberty Village, an experiment is underway among millennials to explore a cashless community.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

DECEMBER 26, 2016

Close to 75 percent of companies surveyed are planning to move away from relying on passwords for this very reason. and also meet the growing ID verification requirements under ant-money laundering (AML) regulations.

Mobile 109

Mobile Payments eBook User Experience 109

Gonzobanker

JULY 31, 2017

What’s ironic is that not long ago, PayPal was listed as the most popular mobile wallet among Millennials. Even PayPal execs laughed at this (in their offices), knowing that they didn’t even have a mobile wallet offering at the time of the survey.

Samsung 69

Samsung Apple Mobile Online 69

PYMNTS

AUGUST 5, 2016

Young people especially have stopped using checks, with a study from WePay reporting that 52 percent of millennials never use checks at all. The key point of making this product work is preventing fraud,” he said. “So, When it comes to rent payments, however, checks still reign supreme.

Payments 100

Payments Mobile Cards Fraud 100