PYMNTS

AUGUST 23, 2019

These marketplaces also need to make sure that payments, however quick, remain safe and secure as fraudsters continue to hammer at the gates. Around the Payments And The Platform E conomy. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. About the Payments And The Platform Economy Playbook.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

NOVEMBER 6, 2019

Peer-to-peer ( P2P ) payments are exploding. P2P payment network Zelle’s Q3 results show its year-over-year payment values rose by 58 percent, while transaction volume increased by 73 percent. Last month, Bank of America revealed that it saw a 76 percent year-over-year increase in Zelle payments in Q3.

Millennials 107

Millennials Payments Cards Survey 107

PYMNTS

JANUARY 12, 2021

Demand among businesses — especially smaller firms — skyrocketed as they attempted to blunt revenue challenges and keep their operations above water, but these companies faced numerous hiccups when securing financing. Payors surveyed stated that they made only 45 percent of all their disbursements via non-instant payment methods, in fact.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology.

Innovation 215

Innovation Millennials Technology Examples 215

PYMNTS

DECEMBER 6, 2019

The growing significance of the gig economy is changing how businesses handle their payments. The Next-Gen Payments Report, a PYMNTS and American Express collaboration, examines how businesses are redesigning their AP and payroll to serve gig workers’ needs and stay current with a changing economy.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

OCTOBER 1, 2019

EMV seems to be that payments issue that just won’t go away, but not in the U.S., The number of EMV payment cards in circulation around the world stands at more than 7.1 The big [operators] have financial balance sheets that can support construction projects,” he told PYMNTS, “but the smaller ones will be challenged.”.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

DECEMBER 6, 2019

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. operations. Top News

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

OCTOBER 18, 2017

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

Innovation 140

Innovation Compliance Community Bank Strategy 140

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

MAY 29, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

Bank Innovation

MARCH 16, 2016

Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.

Millennials 150

Millennials Mobile Florida Lending 150

PYMNTS

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. That’s the question Brian Dorchester, EVP of Operations at First American Payment Systems , explored in this week’s Commanders In Chief series. Security comes first, said Dorchester.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

DECEMBER 11, 2019

Gen Z consumers come with their own unique payment and shopping needs — and little patience to wait and see if one platform can fulfill them. In the latest Payments And The Platform Economy Playbook , PYMNTS takes a closer look at how buyer payments and seller payouts are changing as the sharing economy grows.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

NOVEMBER 12, 2018

Find out how retailers are enabling purchases in stores as well as through apps, smart speakers and smart watches with new and innovative payment methods: A little more than eight in 10 — or 81 percent — of consumers travel to a store to make a purchase. The service also works with the Galaxy S9 and S9+ smartphone models.)

Innovation 186

Innovation Samsung Apple Mobile 186

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. franchise hotel locations.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

SEPTEMBER 29, 2020

In today’s top news, Amazon introduces pay-by-hand tech to its Amazon Go stores, and payments platform PayMongo raises $12 million. Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

JUNE 9, 2017

In an interview with PYMNTs after a webinar by the pair titled, “Financial Services Innovation — The Risk of New vs. Nothing,” John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, managing director at FinTech Forge , discussed the challenges and rewards of embracing change, even as firms are mindful of what works.

Innovation 109

Innovation Compliance Technology Data 109

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. It’s an inspiring story — and one that gets many an innovator out of bed to fight the good startup fight, even in the face of insurmountable odds. What a difference two years makes. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

Bank Innovation

JUNE 13, 2018

PREMIUM - Millennials have Venmo, banks have Zelle, but what’s the P2P payments preference for credit unions? It’s not that credit unions cannot connect to the bank-backed (and bank-owned) payments system that is Zelle.

Millennials 186

Millennials America System Payments 186

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. 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. Payment methods. Hyper-connected journey. Day-to-day tasks.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

FEBRUARY 19, 2020

Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Deep Dive: Keeping Online B2B Shopping Safe And Simple.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. Truepill Co-founder and President Sid Viswanathan and CEO Umar Afridi told PYMNTS that their firm has differentiated from operators like Amazon’s PillPack by using a B2B focus.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. percent innovating to improve business analytics.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. As they make this shift, what’s key to collecting payment is simplicity, he said.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

NOVEMBER 21, 2018

Some things are always a pretty safe bet – the need for speed is common whether one is talking business or consumer payments, which means finding a way to do it faster is usually a good idea. 70 percent: Share of businesses that report they would benefit from real-time payments’ instant funds availability. .

Data 101

Data Millennials Mobile Report 101

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. Billing issues and payments is the most common reason, cited by 29 percent of cardholders, followed by fraud and data security, cited by 23.8

Cards 216

Cards Data Millennials Report 216

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. Around the Payments and the Platform Economy. About the Playbook.

Case Study 157

Case Study Innovation Regulation Millennials 157

Bank Innovation

OCTOBER 26, 2018

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. Millennials, actually. One target?

ATM 150

ATM San Francisco Denver Sacramento 150

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

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. Around the Payments and the Platform Economy. Why Hostelz.com Stopped Accepting Payments.

Marketing 179

Marketing Regulation Case Study Security 179

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. Not only that, but these are indeed the days for mergers and acquisitions (M&A) in the world of payments, and that trend looks likely to hold into the 2020s. Data Control .

Cards 140

Cards Apple Data Innovation 140

PYMNTS

APRIL 23, 2019

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted. That seismic change may not be felt in payments. A New Normal?

Apple 200

Apple Cards Payments Course 200