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AI/BOTS: AI Bank Tech And Millennials

PYMNTS

Being connected via modern technology is something that’s becoming an expectation among consumers. One of the latest industries to start exploring in connected technologies are banks. One of the latest industries to start exploring in connected technologies are banks. Census, shared that the number of millennials (75.4

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Digital Banking Innovation and Millennial Entrepreneurship

NCR

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. Millennials are starting more businesses than previous generations, and they’re starting them at a younger age than their predecessors.

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How FashionPass Is Innovating Clothing Rentals

PYMNTS

The clothing rental market in the United States is projected to reach $4.4 billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation.

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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

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.

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Giving Community Banks The Contactless Card Boost

PYMNTS

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., Consumer advertising campaigns are also noting the benefits of contactless payments, and positioning the product as the hip technology of tomorrow. Australia and Canada.

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How BBVA Is Using AI To Fight Against AI-Armed Fraudsters

PYMNTS

Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access to the same technology. The Tracker also examines how these technologies are beginning to be used in new markets like South Africa and India. About the Tracker.