Banking 2020

FEBRUARY 20, 2015

Millennials likely to embrace nontraditional services: According to a recent survey conducted for FICO, millennials (aged 18-34) are more likely to use nontraditional services like Apple Pay or Google Wallet, proving that banking alternatives have the potential to grow rapidly if properly designed and executed.

Millennials 40

Millennials Innovation Mobile Samsung 40

PYMNTS

MARCH 8, 2018

Dorchester said the pace of payments and security innovation has picked up significantly over the past five years — and that’s a good thing, as it generates new options for businesses to leverage the best of both worlds. On top of that, there are many who don’t want to keep up with said technology due to fear.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

JUNE 4, 2019

Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. Accessing Amazon’s Alexa (13 percent) and Google Assistant (12 percent) through the dashboard were far less popular. But in-dash Google Assistant had a good deal of future interest: 31.9 percent vs. 45.8

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. That’s the view from one of Google’s latest retail-associated launches, an airfare insight and travel recommendations offering. The travel industry also is the site of recent retail-oriented innovation. Contextual Commerce. Travel Trends.

Google 144

Google New York social media Retail 144

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. And 77 percent of them said that technology makes them feel “more in control.”.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

OCTOBER 8, 2020

The voice commerce category continues to find ways to be innovative. Now more than ever, we see it as our mission to give today’s businesses the touchless technology needed to keep the kiosk experience safe and empower businesses to continue thriving.’’. Anybody who’s ever hiked has been there. Bad trail maps. No trail maps.

Google 161

Google Branding Millennials Technology 161

PYMNTS

FEBRUARY 28, 2020

Google “used car dealer.” It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

MARCH 18, 2020

According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 percent, of consumers reported they would be highly likely to seek banking services with Amazon , Apple or Google — while another 23.5 percent indicated they would be at least somewhat likely.

Cards 217

Cards Tools Mobile Google 217

PYMNTS

JANUARY 11, 2019

The lucrative “ bridge millennial ” consumer segment — relatively high-earning and highly educated, and approaching their peak earning years — are particularly fond of this technology, with 31 percent reporting ownership of a voice-activated device and 55 percent of those owners using them to make a purchase. Google Goes Big.

Google 145

Google Samsung Apple Technology 145

PYMNTS

JUNE 11, 2019

And while Tesla has been a connected vehicle leader, other players in the industry such as Ford, Daimler and Volvo are launching offerings equipped with technology. From automakers to retailers and online platforms, companies around the world are tapping into connected commerce technology in automobiles and mobile devices.

Google 110

Google Mobile Technology Retail 110

Abrigo

MAY 5, 2022

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation. Indeed, with 2.8

Community 195

Community Lending Maine Resources 195

PYMNTS

MARCH 13, 2017

As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are rolling out banking solutions that are specifically focused on winning over millennial customers as they come of age and join the marketplace as adults.

Report 149

Report Digital Banking Millennials Tools 149

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. Google … and Ad-Supported Search . million such pieces.

Payments 196

Payments Google Apple Innovation 196

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. Mobile Cards: Make or Break?

Mobile 153

Mobile Cards social media Survey 153

NCR

JULY 20, 2016

Biometrics has been a staple of science fiction films for decades, with futuristic movies displaying iris scanners, facial recognition software and a range of other quirky innovations. But which biometrics technologies are likely to have the biggest impact on the payments industry? Fingerprints. Voice recognition . Ear acoustics .

Technology 40

Technology Payments Millennials System 40

PYMNTS

AUGUST 14, 2019

The department store retailer bolstered its omnichannel efforts while opening a distribution center for its off-priced business that taps into cloud computing technology; however, it struggled with inventory during the quarter. In other innovations, the company launched its second iteration of STORY at Macy’s with Outdoor STORY.

Columbus 100

Columbus DC Branding Google 100

Independent Banker

FEBRUARY 24, 2016

Three ways millennials could accelerate FinTech trends in 2016. When it comes to finance, millennials are a generation known to be conservative in spending and distrustful of financial institutions. Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement.

Millennials 70

Millennials San Francisco Bitcoin cryptocurrency 70

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. Technology has been changing the world since we invented agriculture. Technology has been changing the world since we invented agriculture. My whole business career, technology has been a critical part of what a bank does.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

JANUARY 29, 2019

face pressure to step up technological advances, where inexorable movement toward digital and consumer-focused services can foster a disconnect that, left unaddressed, will turn loyalists fickle. That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

JULY 4, 2018

Winnie – like so many tech innovations – started out as an attempt by its two co-founders to solve their own problems. Like many of their fellows, they were young, entrepreneurial and technology-minded. A Better Solution Than Google. And Winnie’s co-founders were something of a unique dynamic duo in Silicon Valley terms.

Google 115

Google social media Community Capital 115

PYMNTS

JULY 5, 2019

Beyond the distribution center, Walmart China is enhancing its logistics efforts in the country with the help of technology. In addition to its data and distribution efforts, Walmart is also innovating with the help of blockchain. Its supply chain taps into the Data Lake big data platform to enhance analytics and information storage.

Retail 101

Retail San Diego blockchain Phoenix 101

PYMNTS

NOVEMBER 11, 2016

It’s not just millennials and post-millennials using a free service any longer. It’s millennials and post-millennials (or their parents, more likely) with expendable income and a credit history. Combined with the low cost of distribution, this could result in some huge profit margins for Snapchat.

Millennials 143

Millennials Video Retail Regional 143

PYMNTS

APRIL 24, 2019

In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. Around the Payments and the Platform Economy. A reclassification could lead to significant changes in how the mobile payment service can operate in the country.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JANUARY 14, 2019

In addition, various technologies will be utilized for safe and secure commerce, including the Visa Token Service. According to the Digital Drive Report , some 99 million commuters are finding ways to connect, either by using their smartphones or via technology already built into their vehicles’ dashboards.

Las Vegas 128

Las Vegas Samsung Technology Tools 128

PYMNTS

NOVEMBER 5, 2018

AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal to shoppers willing to test out the technology. And new technology is in the works to help welcome them to the AR world: In October, it was reported that a Facebook executive said the company is developing augmented reality glasses.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

AUGUST 3, 2017

They’re going to blame not just the technology, but your restaurant.”. Millennials have grown up with the technology; they expect and even demand it. Eldon doesn’t think innovation is slowing down, either. And next time, they’ll head straight to that competitor without even trying to order from the first place.

Online 104

Online Branding Texas Google 104

Insights on Business

JANUARY 31, 2019

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. We believe that the very same technologies and approaches that fintechs are taking can bolster traditional banks so the disrupted incumbents disrupt the disruptors.

Payments 107

Payments Fraud San Francisco social media 107

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. The nonbank payment options PayPal, ApplePay, Google Wallet, Starbucks, Kickstarter and Square are household names. By Kelly Pike. Familiar and new.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JANUARY 19, 2018

It’s very, very simple for our customers to send money, but that wasn’t what we wanted to do,” explained Eddy Ortiz, VP of innovation and solution acceleration for RBC. “We Seeing the power enjoyed by these massive social networks inspired Vouchr’s move to innovate and strip away the payments aspect to bring a social aspect to cash gifting.

Cards 121

Cards Millennials User Experience Video 121

PYMNTS

APRIL 3, 2018

In an interview with Brian Abele, director, Segment Solution Strategy at Fiserv , the executive explained the submission of Alexa as a financial assistant aims to help consumers connect technology to their financial lives. The firms oriented toward innovation are not necessarily the biggest ones. Consumer demand is changing too.

Video 100

Video Millennials Innovation Marketing 100

PYMNTS

JANUARY 12, 2021

Starting with Siri’s appearance on the market in 2011 and exploding into the public consciousness with Amazon’s Alexa (and to a lesser extent Google Assistant), with rapid growth over the last six or so years, the voice connected future has been expanding into every aspects of the consumer’s life — and into the co-pilot seat.

Technology 216

Technology Innovation Retail System 216

PYMNTS

AUGUST 26, 2019

Retailers looking to engage tech-savvy millennials and Gen Z consumers are quickly doubling down on their efforts to offer more visual content and enhance the discoverability of their products and services. A survey conducted last year found that 62 percent of millennials prefer visual search over other search methods.

Millennials 185

Millennials Retail Tools social media 185

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