Perficient

FEBRUARY 18, 2021

However, one of the main drivers is their weaknesses are exposed now more than ever with folks driven online with Covid-19 and expecting the same level of service they typically get at say their local bank. The former being one that is less talking about outside company walls. It’s a bit sexier to spin it that way. The Approach.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

PYMNTS

NOVEMBER 12, 2018

Once consumers reach the app’s main screen, they can find photos of the product that is up for sale that day, along with options for colors and sizes, and make a purchase, if they so choose. And payment innovators are taking note, with Samsung Pay bringing new shopping and rewards features to its mobile payment service.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

APRIL 16, 2019

Among the main consumer segments targeted by POS financing providers are millennials , in part because they are being left out when it comes to tapping into home equity. As well, Bankrate has estimated that roughly 33 percent of millennials have cards.

Millennials 188

Millennials Cards Maine Retail 188

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. Pacing and fear are the two main factors holding payments back, said Dorchester.

Innovation 112

Innovation Security Industry Fraud 112

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

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

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. BankTalk 3.

Community 195

Community Lending Maine Resources 195

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

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. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

DECEMBER 11, 2019

Technology and social media company Facebook is also growing more involved in the sharing economy. 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.

Marketing 132

Marketing Millennials social media Case Study 132

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. Distribution.

Innovation 135

Innovation Online Branding El Paso 135

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

JANUARY 20, 2020

Living up to their names, fast-casual and quick-service restaurants (QSRs) are embracing innovative technologies to help drive sales in the increasingly competitive restaurant industry. More restaurant owners are finding the ingredients to success in consumer-friendly technologies, such as mobile-ordering apps and self-service kiosks.

Mobile 160

Mobile Dallas Millennials Technology 160

PYMNTS

MARCH 19, 2018

Eleven James offers two main options for its services: The company can choose a watch for the consumer, or the consumer can make the choice. The Market and Millennials. Eleven James may also appeal to millennials, who don’t have that ownership mentality. Millennials currently make up about a third of the U.S.

Millennials 146

Millennials social media Retail Maine 146

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

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

PYMNTS

JUNE 1, 2020

The Playbook also examines which digital tools, such as mobile wallet payments, QR codes or the use of additional technologies can help FIs fulfill these needs as well as what these developments mean for the future of banking. Why WSFS Bank Is Relying On QR Codes, Mobile Mess aging To Enhance Customer Loyalty.

Digital Banking 136

Digital Banking Delaware Tools Mobile 136

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. A potential consumer might visit a social media site, or a site devoted to, say, home cooking, with the main goal of reading content, learning something or digitally hanging out with like-minded people. I’m happily surprised.”. Travel Trends.

Google 144

Google New York social media Retail 144

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Fraud Issues Stemming From Paper Check Use.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

SEPTEMBER 3, 2020

The pandemic has accelerated a preexisting trend in the restaurant industry in which QSRs — driven by doing more business with digitally savvy millennials and Generation Z consumers — have sought to personalize their interactions.

Management 130

Management System Millennials Study 130

PYMNTS

MAY 23, 2019

Technology may be changing, but the level of service consumers want from businesses is not. 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.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

NOVEMBER 19, 2019

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. Another factor in all of this is the rise of FinTechs, often backed by favorable regulatory headwinds designed to promote more innovation in payments, including the sharing of data with legacy FIs.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

JANUARY 8, 2020

Sustainable commerce is having a moment — well, two or three of them given how millennials and even younger consumers champion the trend — and that applies to food waste and commerce involving meat and plants. That technology can be a bit complicated, and PYMNTS is not a science or engineering journal. Need for Transparency.

Trends 131

Trends Maine Technology Capital 131

PYMNTS

JULY 4, 2019

Indeed, as PYMNTS has covered , the travel activities industry is the fastest growing segment in the tourism market, and digital technology is enabling that growth. At the same time, the travel industry is embracing — and sometimes struggling with — payments innovation, offering more local payment options, among other tasks.

Trends 144

Trends Industry Mobile Millennials 144

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

MAY 26, 2017

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform.

Marketing 115

Marketing Payments Community Millennials 115

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. Best Use of Technology: Fiserv. And the results?

Millennials 101

Millennials Innovation System Payments 101

PYMNTS

JUNE 25, 2019

Oyo asks owners to upgrade them to meet some basic standards – clean linen and bathrooms, air conditioning, Wi-Fi, breakfast and properly groomed staff – and rents their rooms out at bargain-basement prices, using homegrown technology meant to optimize occupancy rates.”. Winning Formula. Retail Influences.

Online 100

Online Retail Capital Marketing 100

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

NCR

AUGUST 1, 2017

The rise of the Millennials is creating a revolution in the economy. Banking isn’t exempt from the disruption caused by new technologies. The answer comes down to understanding that AI is an umbrella name for multiple technologies built on big data and neural networks. Defining AI for banking. AI uses for banking. Customer care.

Big Data 111

Big Data Data Fraud System 111

PYMNTS

AUGUST 5, 2019

Insurers are under pressure to innovate the appraisal and claims process to stay competitive and deliver the speed and efficiency consumers expect. In a recent interview with PYMNTS, Kheyfets explained how insurers can better rely on AI and mobile technologies for faster appraisals and disbursements. .

Mobile 116

Mobile Tools Policies Millennials 116

PYMNTS

JANUARY 14, 2019

At the same time, we read the reports of year-over-year declines in foot traffic, see nearly 11,000 store locations shutter since 2017 and have 200 million square feet of unoccupied retail space in malls and main streets up for grabs. Payments innovators saw the mobile, digital future, too, and invested in ways to remove friction at checkout.

Retail 198

Retail Online Mobile Data 198

PYMNTS

APRIL 18, 2017

From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape.

Report 110

Report Digital Banking Tools Technology 110

PYMNTS

APRIL 18, 2019

A big part of the trend is driven by younger consumers — that is, the interest on the part of millennials in using recycled clothing, and caution on the part of the luxury brands in terms of what they can do online. Resale Factors. That potential IPO speaks to the appeal and growth of resale commerce. Resale Growth.

Retail 117

Retail Online Trends Course 117

PYMNTS

FEBRUARY 25, 2020

From Little Caesars to Yelp, quick-service restaurants and technology providers alike are working to make it easier for diners to place their orders — and for eateries to reach those customers. Here’s just a few examples of how these companies, among others, are innovating with digital ordering: .

United States 130

United States New York City Mobile Branding 130

NCR

OCTOBER 5, 2016

Less than a third (32 per cent) of people said they would consider using a bank that had no physical branches as their main financial services provider. “It is of course right that businesses are investing in digital technology to make their customer experience as streamlined as possible. Striking a balance. ” he asked.

Customer Experience 100

Customer Experience ATM Strategy Millennials 100