PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers. Winning Millennial Loyalty.

Millennials 101

Millennials social media Branding Marketing 101

Bank Innovation

AUGUST 23, 2016

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials.

Millennials 150

Millennials Fintech Industry Online 150

PYMNTS

MARCH 24, 2020

Chinese smartphone manufacturer OnePlus said it would debut its mobile payment system this year when its OnePlus 7T series of mobile phones rolled out in September 2019. The company’s mobile payment platform is now said to be live in China, GizChina reported.

Mobile 108

Mobile Payments United States Cards 108

Payments Dive

MARCH 17, 2016

Lenny is a mobile-only lending app that caters to millennials.

Mobile 150

Mobile Millennials Lending 150

PYMNTS

JANUARY 12, 2021

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. Instant Payments and the Millennial Push.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

OCTOBER 4, 2019

The PYMNTS September Credit Union Tracker pointed to the growing pressure for credit unions to respond to their members’ rising demands for mobile-friendly platforms, faster payment services and other modern financial products. “With bigger banks, some of them have more software engineers than Google,” he said. In the U.S.,

Lending 152

Lending Community Bank US Community 152

Bank Innovation

MARCH 27, 2018

A focus on simplicity and UX design that intimately appeals to younger users such as millennials and Gen Z users, fintech investor Ron Suber told Bank Innovation. EXCLUSIVE—What’s behind the growth of personal finance management platform MoneyLion?

Millennials 170

Millennials UX Fintech Innovation 170

PYMNTS

AUGUST 2, 2018

As Americans increasingly turn to their mobile devices to instantly pay through peer-to-peer (P2P) services like Venmo and Zelle, the act of writing a check or heading to the ATM for quick cash is becoming a thing of the past. What we’re trying to do is bring that technology to lending.”. P2P Payments To Power Loans.

Lending 138

Lending Tools Technology Millennials 138

PYMNTS

NOVEMBER 8, 2019

And according to Geoff Green, global head of mortgage and lending at Salesforce , the experience is ripe for change. The millennial borrower,” Green told PYMNTS, “expects to be able to go as far as they can with self-service. He said applicants can get as far as the pre-approval process on mobile devices.

Millennials 102

Millennials Tools Lending Data 102

BankBazaar

AUGUST 7, 2019

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. As millennials, we grew up in a system that regarded such credit products as ‘financial stressors’ and those opting for them were often looked upon as financially-screwed individuals.

Millennials 60

Millennials System Lending Trends 60

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

FEBRUARY 19, 2020

Kivanc Onan, head of B2B North America Financial Products for Alibaba , explained how features like lending services can help sellers get paid up front, while delivery guarantees that buyers feel more comfortable. Read the full story in the Report. Deep Dive: Keeping Online B2B Shopping Safe And Simple.

Mobile 197

Mobile Online Payments Tools 197

Bank Innovation

MAY 8, 2017

Affirm, the lending startup that provides loans at the POS, is looking into launching everyday-use virtual credit cards, Bank Innovation has learned. The company, launched by a PayPal cofounder Max Levchin, provides point-of-sale loans that allow customers, particularly millennials, to finance purchases with participating merchants.

Cards 255

Cards Millennials Lending Innovation 255

PYMNTS

AUGUST 20, 2019

As we mark an historic IPO anniversary , it’s becoming even more clear that mobile commerce stereotypes need to be overcome. And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn. Data: $800 billion+: Market cap of Google parent Alphabet.

Payments 130

Payments Millennials Google Lending 130

Perficient

JANUARY 12, 2021

We’ve typically seen that this lends itself to focus on areas such as ratings, reviews, and online price shopping, but trends are now showing there are other effective methods for online, as shoppers want to engage with products both at an experiential level and to ensure the best fit for their needs. Giving the Consumer Control.

Customer Experience 538

Customer Experience Branding Video Online 538

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

JANUARY 8, 2021

Both consumers and businesses are exhibiting shifting expectations for how the lending process should work, and many are expressing interest in alternative forms of lending, such as peer-to-peer (P2P) loans. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

NOVEMBER 28, 2017

Even the ways consumers pay for their auto loans and leases are changing, thanks to new mobile-first solutions enabling consumers to browse nearby inventory. Painter said the service specifically targets millennial consumers by allowing them to shop for pre-owned vehicles based on the monthly payment amount for which they are pre-qualified.

Mobile 102

Mobile Millennials Los Angeles Trends 102

PYMNTS

FEBRUARY 12, 2019

For the connected consumer , connected commerce will be 100 percent digital , especially as the bridge millennials wield spending power across the next several decades. 2,225: The amount bridge millennials spend, on average, on annual retail purchases. 2,225: The amount bridge millennials spend, on average, on annual retail purchases.

Millennials 154

Millennials Payments Retail Lending 154

NCR

FEBRUARY 17, 2016

Millennials are broke, burdened with too many college loans and living in their parents’ basements. In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 In fact, Millennials ( who most define as those born between 1980 and the mid 2000s) contribute $1.3 Actually, they do.

Millennials 40

Millennials Study Mobile Training 40

PYMNTS

DECEMBER 11, 2020

Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. In the How We Will Pay: Connected Commuters research brief, PYMNTS details how mobility is driving demand for connected-commerce experiences. The FinTech as a Service launched Tuesday (Dec.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JANUARY 14, 2020

Peer-to-peer (P2P) payments and mobile wallets, among other payment methods, are gaining traction among Gen Z consumers, which means banks, credit unions and players in the payments space need to up their game to best serve those younger shoppers and financial services users. And it’s not only credit products that are in play, he said.

Innovation 160

Innovation Payments Millennials Cards 160

Independent Banker

OCTOBER 29, 2014

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices? By Collin Canright. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

APRIL 14, 2016

As it applies to spots that are designed to be viewed on mobile devices, the answer actually depends on the consumer demographic intended to view the ad. consumer age groups demonstrate in their interaction with mobile video advertising. These findings are critical in creating the next generation of multiscreen video advertising.”.

Video 100

Video Millennials Study Mobile 100

Abrigo

MAY 11, 2020

Banking technology has long been associated with the preferences of Millennials , or Gen Z, but Dave Koch, Managing Director of Advisory Services at Abrigo, says that some institutions might have boxed themselves in with that narrow way of thinking. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

US 195

US Lending Community Technology 195

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 108

Millennials Metro blockchain Lending 108

PYMNTS

DECEMBER 28, 2018

The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year. Caroline Watteeuw, EVP Chief Information Officer, Caliber Home Loans , Moving Mortgages Into The Mobile Era. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

PYMNTS

JULY 22, 2019

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 The bank targets millennials with its slogan “It’s all about you, you, you,” and with digital friendly options like mobile-first savings accounts, as well as loans for small businesses and mortgages.

Millennials 100

Millennials Metro blockchain Lending 100

PYMNTS

MARCH 9, 2017

Credit Sense also helps financial institutions strengthen and grow member relationships through customized lending offers. According to Fiserv, with Credit Sense a person’s credit score can be displayed within the online or mobile banking user interface alongside their account information. Fiserv said 64 percent of U.S.

Lending 102

Lending Millennials Online Mobile 102

PYMNTS

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Conservative Approach, Rooted in the Great Depression. After enduring delinquencies and losses, St.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

JULY 31, 2017

That’s bad news for some of the largest FIs, despite a recent uptick in small business lending activity. The statistic, the report said, also suggests that small businesses are in need of cutting-edge solutions and are eager to adopt innovative services as more small business owners emerge from the millennial generation.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

APRIL 2, 2018

Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens. In this day and age, we’re in a mobile world, and things move quickly. Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients.

blockchain 171

blockchain Lending User Experience Mobile 171

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

AUGUST 4, 2017

With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. interactions per month with their banks using digital channels, including through online and mobile banking. faster payment system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

OCTOBER 8, 2019

The Millennial Challenge. Among the greatest opportunities for CUs lie some significant challenges, too — namely, tapping into and serving the financial needs of millennials. Traditionally, he said, CUs have been well known when it comes to auto lending, and they have been making inroads into mortgage lending.

United States 102

United States Millennials Course Lending 102

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). Lending-as-a-Service.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

FEBRUARY 14, 2020

The consumer bank will be divided into one section focused on consumer lending, and the other on branches and small businesses. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial. All customers want convenience, but the focus among millennials is particularly strong.

Retail 141

Retail Cards Millennials Fraud 141