PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. Social Security number as an identifier. News From the Digital ID Space.

Security 110

Security Report National Millennials 110

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. These young shoppers want the store to fit three main criteria, too: They want it to be clean, they want staff that are “friendly and knowledgeable” and they want a “positive” checkout experience.

Study 100

Study Millennials Retail social media 100

PYMNTS

DECEMBER 31, 2020

Main Street SMBs: The 18-Month Outlook. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. percent fewer Main Street SMBs are hopeful of survival. percent of millennials believe it is “very” important to receive payments in real time. percent to 11.5

Data 277

Data Innovation Payments Millennials 277

PYMNTS

MAY 30, 2018

If they are a millennial, odds are good that they are shopping, since 81 percent use their phone as their name commerce channel. 81 percent: The share of millennials who report the mobile phone as their main digital purchasing channel. 80 percent: The share of American adults with access to a smartphone.

Millennials 108

Millennials Maine Security Mobile 108

PYMNTS

APRIL 2, 2019

App security, speed and partnerships with brands like Deliveroo are all ways the company is looking to augment the MOA experience for the modern customer, Sharif said. QSRs are attempting to create a mobile experience tailored for millennials, a generation that, on average, dines out five times per week.

Security 152

Security Mobile Branding User Experience 152

PYMNTS

SEPTEMBER 16, 2019

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 186

Millennials Maine Study Security 186

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. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. I believe [that] things have kind of really evolved.

United States 174

United States Security Innovation Mobile 174

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

OCTOBER 2, 2017

The Paysafe study focused on one main question: What is the tipping point that has been moving people from cash payments to alternative cash formats, thus setting the stage for a lot of change in retail? According to Daly, the next big evolution will millennials may lie in biometrics. Here are the numbers: 3,000 | Number of U.S.,

Data 120

Data Payments Millennials Study 120

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Las Vegas 101

Las Vegas Millennials Meeting Maine 101

PYMNTS

APRIL 29, 2019

Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. Homesharing platforms are also competing for young consumers’ attentions – millennials make up approximately 60 percent of Airbnb’s guests, for instance.

Payments 100

Payments Millennials Maine Industry 100

PYMNTS

DECEMBER 9, 2019

You might be shocked to discover that fully 42 percent of businesses still used paper checks as their main payment method in 2019. Statistical swarms of millennials and Gen Zers report never having used a paper check. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world.

Millennials 130

Millennials New York City National New York 130

PYMNTS

DECEMBER 11, 2019

That means taking a closer look at buyer and seller payments, as well as security measures, on the platforms, said Colin Gardiner, chief revenue officer of shared RV marketplace Outdoorsy. 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

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 150

Millennials Maine Study Security 150

PYMNTS

APRIL 2, 2019

App security, speed and partnerships with brands like Deliveroo are all ways the company is looking to augment the MOA experience for the modern customer, Sharif said. QSRs are attempting to create a mobile experience tailored for millennials, a generation that, on average, dines out five times per week.

Security 100

Security Mobile Branding User Experience 100

NCR

MAY 11, 2016

Knowing how to make, manage and invest one’s money has long been the key to financial security and stability, but what was once a relatively linear road map for many generations has shifted with Millennials. While buying a home was once seen as one of the biggest indicators of financial success, Millennials now have a different idea.

Millennials 40

Millennials New York Cards Maine 40

PYMNTS

MAY 25, 2018

The group recently launched its Trusted Exchange Accreditation Program to “leverage existing industry-wide identity verification, authentication and privacy/security frameworks and best practices in use across the ecosystem,” according to a press release. The program could eventually lead to a better payments regime for healthcare providers.

Technology 166

Technology Payments Millennials blockchain 166

PYMNTS

SEPTEMBER 26, 2019

Sezzle’s main targeted demographic is younger consumers, and it wants to increase their purchasing power. Sezzle’s installment solution is rapidly growing among Gen Z and millennial consumers and is proven to dramatically reduce cart abandonment.”. The purchases won’t affect credit scores.

Payments 133

Payments Millennials Maine Online 133

PYMNTS

FEBRUARY 22, 2019

Securities and Exchange Commission (SEC) for an initial public offering (IPO). At the same time, it was said that half of millennials in the U.S. Amid a year when well-valued tech companies plan to list their shares, Pinterest has reportedly made a confidential filing with the U.S. use Pinterest as frequently as they use Instagram.

social media 100

social media Millennials Maine Report 100

PYMNTS

JUNE 29, 2018

The latest evidence in favor of the work ethic of those young people (aka millennials ?): In fact, 51 percent of millennials have at least one of those jobs to earn extra cash. Economic circumstances play a significant role in pushing millennials into the gig economy. Debt And Job Insecurity. Debt And Job Insecurity.

Millennials 102

Millennials Survey Maine Analysis 102

PYMNTS

SEPTEMBER 8, 2020

Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection. Along with the tremendous opportunity for sales growth, the challenge is making that first sale happen, he said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

MAY 23, 2019

Digital banking is not the main element that drives consumers toward using a credit union. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average. Optimizing Old Flows For New Consumers.

Online 123

Online Millennials Digital Banking Maine 123

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

OCTOBER 1, 2019

A report by Lloyds Bank noted that the share of millennial consumers who fall victim to scams increased by 400 percent in the past year, even though overall fraud incidents declined. The report did have some good news for millennials, however: this demographic loses an average of $3,280 per scam, much less than any other age group.

Fraud 156

Fraud Millennials Regulation Trends 156

PYMNTS

SEPTEMBER 24, 2019

Millennials no longer rule the mobile services space. Small banks can struggle to develop such services and keep them secure, however. Push payments are often seen as more secure than pull payments because the former do not require payers to reveal sensitive bank account or payment instrument data. Read more in the Tracker.

Mobile 246

Mobile Payments Apple Millennials 246

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” A quick look at top banking podcasts worth a listen, according to Abrigo : 1. Banking Transformed 2. BankTalk 3. Banking with Interest 4.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 24, 2020

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. Trading FinTech Robinhood Markets Inc. has grown the size of its newest investment round to $660 million. FIS, TCH Partner To Connect Small Banks, CUs To RTP.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. This month’s Deep Dive examines what it takes to ensure convenient, secure online shopping experiences.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

MARCH 12, 2019

Any security mishap can send customers to one of the other digital banking apps that are ready and waiting for them. In the new Digital Banking Tracker , PYMNTS examines the ways digital banking is changing as security measures grow more stringent, and challenger banks look to amass more customers. About the Tracker.

Digital Banking 209

Digital Banking Fraud United States Security 209

PYMNTS

APRIL 24, 2019

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. To learn more about how Spotahome is approaching data security and customer trust, read the Playbook’s feature story. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

AUGUST 3, 2017

The group intends to develop an API standardization “playbook” to help various players in the financial services industry promote real-time payments by addressing security and efficiency issues through APIs. Community banks meet the millennial generation.

Community Bank 117

Community Bank Community Report Millennials 117

PYMNTS

JANUARY 24, 2020

All parties involved in sending or receiving disbursements must be able to easily share payment data to speed payouts to residents and ensure security. Such offerings are much more secure than paper checks, but a lack of digital payments ubiquity is causing U.S. Ensuring security will play an equally important role.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

AUGUST 4, 2016

Millennials Eschew Bank Mobile Wallets. The millennial generation has already shown its love for all things mobile, but big financial institution mobile wallets were not in the mix, begging the question: Are the banks too late off the mark to deliver mobile wallets to this generation? But the similarities end there.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

APRIL 9, 2020

In the latest Disbursements Tracker® , PYMNTS examines the impact of COVID-19 upon disbursements and payments, how businesses and government bodies are responding to the increased need for faster payments and rising fraud and security concerns in this space. Around The Disbursements World.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

APRIL 29, 2019

“You have to create great experiences for customers,” he said, adding that providing a friction-free, relevant and even fun experience matters, particularly to younger consumers like millennials. Not to mention, those experiences go beyond pumpside deliveries. If you can leverage a brand, that can be a fast track.”.

Mobile 152

Mobile Maine Trends Retail 152