PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

AUGUST 4, 2017

However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

APRIL 24, 2017

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. So-called Generation Z is also driving much of the innovation when it comes to retail. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. Take Target, for instance. Gen Z Trends.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

JUNE 15, 2016

When you talk to the co-founder and CEO of a mobile-first digital bank account offering, you are likely to hear that millennials, to put it lightly, are not fond of big banks. Whether it’s Chime or other apps, millennials are increasingly turning to their mobile devices to keep track of their financial health.

Millennials 100

Millennials Mobile Digital Banking Fintech 100

PYMNTS

DECEMBER 11, 2019

Some marketplaces are finding innovation in this space easier than others. Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations. This consumer group takes more trips than other generations, but takes longer to plan those trips as well.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

SEPTEMBER 18, 2018

The changes that tech-savvy workers have imposed on their employers’ travel and expense (T&E) policies and strategies go beyond adoption of expense management FinTech solutions, too. The Pew Research Center found millennials are already the largest generation group in the U.S. They are digital,” said Bogaert.

Millennials 138

Millennials Management Technology Innovation 138

Insights on Business

FEBRUARY 13, 2019

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Financial management. If it doesn’t, negative news travels fast through millennial networks. IBM Think LinkedIn Group.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

JANUARY 14, 2020

At this point in time, two influential groups – western millennials and Chinese tourists – are having far-reaching impacts on how brands and destinations cater to top travelers. Travel players on the leading edge are vying to stay there through payments innovation. Millennials will spend an estimated $1.4

Meeting 141

Meeting Millennials Branding Mobile 141

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A group of state attorneys is joining together to fight a merger of Sprint and T-Mobile that the United States Justice Department supports. Behind Sysco’s Spend Management Switch To Cards.

Taxes 101

Taxes Mobile Management blockchain 101

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

FEBRUARY 20, 2020

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? For the Building A Better App: Banks And The Innovation Imperative Report , a collaboration with Ondot , PYMNTS surveyed more than 3,000 U.S. In fact, 24.3

Cards 146

Cards Data Management Mobile 146

PYMNTS

OCTOBER 5, 2020

But it is innovative from the marketing standpoint and also hits on the theme of collecting data to sharpen those marketing campaigns once they’re done. Part of the reason for the reconsideration of the brand is to reach the millennial age range. The campaign is not the first time Kellogg’s has gone directly to the consumer.

Branding 183

Branding Millennials Resources Marketing 183

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. This group of 60 million U.S. consumers shop and pay — today and in the future.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. Data Analytics Changes the Working Capital Management Paradigm. Trackers and Reports.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Moving forward, it’s not so sure.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually. Mobile Cards: Make or Break?

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

FEBRUARY 18, 2020

based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago. Deep Dive: Cloud Inventory Management Can Ease Back-Of-House Woes. Inventory management is particularly challenging in the food industry. A strong delivery strategy can help U.S.-based

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management.

Customer Experience 191

Customer Experience Survey Trends Data 191

PYMNTS

SEPTEMBER 30, 2019

But many luxury trips can run aground without effective and innovative payment solutions to help travelers meet and manage associated costs. And a significant share of luxury travelers express high levels of interest in using innovative payment solutions to fund their future vacations. trillion on their vacations last year.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

MAY 23, 2019

While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers. How FashionPass is Innovating Clothing Rentals. About the Playbook.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MARCH 6, 2019

By today’s standards, it looks anything like an innovative brand. But then, looks can be deceiving — 100 years ago, Corning Glass Works had just introduced a massive innovation into the lives of home cooks everywhere. Yes, Instant Pot-side chats are the fireside chats of the millennial generation. A New Kind Of Pothead.

Branding 108

Branding Millennials Innovation Marketing 108

PYMNTS

JUNE 21, 2016

During the five-week challenge, 12 teams and 14 companies dug deep into their innovation bags of tricks to use voice to solve everything from the $60 billion annual prescription abandonment problem to making checkout abandonment a thing of the past. Fiserv used Alexa to advance money management and movement “at the point of thought.”

Millennials 101

Millennials Innovation System Payments 101

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. As the U.K. ’s entrepreneurs are struggling in today’s financial services climate.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

JUNE 26, 2020

said John Elliott , head of open banking at banking and wealth management group Investec. What we are seeing [is] continual innovation in terms of services and offerings for corporates and for individuals that are being built utilizing open banking rails.”.

System 198

System Data Security Examples 198

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. The National Credit Union Administration (NCUA) trade group reported that net income for credit unions fell by 1.1 Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

SEPTEMBER 12, 2018

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. Being millennials, shopping online, seeing the growth of eCommerce before it really blew up … we saw that coming.” “We are online shoppers.

social media 101

social media Branding Millennials Groups 101

PYMNTS

JANUARY 29, 2019

That’s reflected in data (this is Data Drivers, after all) from the Credit Union Innovation Index , a joint effort between PSCU and PYMNTS. PYMNTS and PSCU found that 59 percent of credit union members said they want innovation, though it wouldn’t necessarily sway them to choose one CU over another. Clearly, the model has its appeal.

Innovation 176

Innovation Fintech Data Community 176

PYMNTS

OCTOBER 8, 2020

The voice commerce category continues to find ways to be innovative. Case in point: Israeli startup Touchless.ai recently introduced a new intuitive voice management solution that turns any interactive kiosk into a touch-free, easy-to-use interface. L’Oréal Speaks Up In APAC.

Google 161

Google Branding Millennials Technology 161

PYMNTS

DECEMBER 28, 2018

“Unless we sort this out as a payments financial services ecosystem, we’ll be talking about things a lot more serious than a bunch of consumers feeling stressed out about paying their bills, but [about] managing to pay them somehow, some way, even if they’re late in paying them,” Webster said. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

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. The teens scoffed at the manager’s dictation of how they’re supposed to behave, and amusingly grew annoyed for being deprived of some social media mobile device time.

Payments 107

Payments Fraud San Francisco social media 107

PYMNTS

OCTOBER 20, 2020

That’s in stark contrast to “safety shifters” who fear COVID-19 more than any other group, who have embraced digital channels emphatically and are likely to stick. We learn that the creative innovation that’s capturing people’s imaginations more than anything now is the mighty spoken word. So, do you offer instant credit?

Maine 221

Maine Retail Branding Study 221

Abrigo

OCTOBER 15, 2014

Groupe BPCE, France’s second largest bank (by customers), has utilized the API of the global social media giant Twitter to allow their customers to transfer money via a tweet. This is certainly an interesting innovation, but many bankers may be asking themselves if it’s a practical one.

social media 150

social media Apple United States Innovation 150