PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S. and yes, this looks like card data breach.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. One of the U.K.’s The Co-op was the first U.K.

Retail 139

Retail Millennials Mobile Operations 139

PYMNTS

FEBRUARY 29, 2016

Last week, Sears CEO Edward Lampert got personal as he went into detail about the retailer’s continuing woes and the challenges it (and many other “old-line” retailers like it) face in a rapidly changing industry. The chain, which operates both the Sears and Kmart brands, reported a loss of $580 million in the quarter ending Jan.

Retail 100

Retail Branding Taxes Operations 100

PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Telcos and retailers weren’t far down the list.

Security 100

Security CA Payments Big Data 100

PYMNTS

SEPTEMBER 3, 2020

Of course, large retailers, too, are continuing to invest in accelerating their investments in their digital experiences. Many of these smaller firms, he said, did not have individual, digitized payment experiences woven into their overall operating infrastructures before the pandemic hit. Security Is Top Of Mind .

Payments 262

Payments Security Millennials Retail 262

PYMNTS

OCTOBER 1, 2019

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. Before getting into that, though, it pays to understand what’s going on with the EMV deadline in this specific area of retail to get a good sense of context. 1, 2020 — at one point, the deadline was in 2017.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JANUARY 25, 2021

These plans fund retail purchases that consumers can then pay off over time in typically four installments. Buy now, pay later options have developed differently across nations, with trends in C hina seeing retailers often providing their own installment payment plans rather than offering third-party plans at checkout.

Payments 185

Payments Tools Retail Cards 185

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

AUGUST 22, 2018

Securities and Exchange Commission (SEC). We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

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. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. As for demographics, Pierce stated that tech use does indeed skew younger, but that millennials do use a hybrid of cash and digital payments. Clearly operating efficiency remains a priority but [so does] consumer engagement.”.

ATM 192

ATM Millennials United States Study 192

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

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

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? Consumers expect secure and fast access to digital tools.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

APRIL 19, 2018

At 159 years old, it officially counts as a retail institution — one that hasn’t spent much of the last few years looking too healthy. In retail as in sailing, the bigger the boat, the harder it is to change direction. A lot has been written in recent years about everything that has gone wrong at Macy’s. A turnaround is no easy feat.

Millennials 101

Millennials Branding Retail Online 101

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back.

Online 169

Online Retail Regulation Maine 169

PYMNTS

SEPTEMBER 21, 2018

To connect with customers, restaurants — or other airport retailers — can hook into Airport Sherpa’s system in two different ways. In one case, the app can be integrated with a retailer’s own point-of-sale (POS) system. Either way, airport retailers can generate incremental revenue by reaching customers throughout the airport.

San Diego 109

San Diego Baltimore Retail Washington 109

PYMNTS

JANUARY 18, 2019

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential.

Millennials 198

Millennials Tools Wyoming Idaho 198

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

DECEMBER 20, 2019

How Grocery Retail Will Evolve In 2020 . Combating fraud, however, comes at a cost, as burdensome security procedures may scare away legitimate customers. Millennials Make Big Push For B2B Personalization. Why Rent The Runway Wants To Become The Amazon Prime Of Retail.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

APRIL 4, 2019

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

Mobile 169

Mobile Study Security social media 169

PYMNTS

MARCH 21, 2019

“We want to be a peer-to-peer marketplace,” adding that she wants to make it easy and secure to share clothes. The site also has a secure messaging platform that allows users to communicate and book an item. The site operates similarly to eBay from a lender’s perspective. The Fashion Lending Platform.

Retail 130

Retail Millennials Company Security 130

PYMNTS

OCTOBER 21, 2020

The program is operable immediately. Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market.

Branding 192

Branding Samsung Meeting Millennials 192

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Payment disruption and innovation.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

MAY 29, 2017

Pickle’s founder, Daneh Westropp, told TechCrunch the app is targeted at Generation Z as well as young millennials who want to translate their interest into paying gigs. To add a social element to the Android- and iOS-based app, users can dare each other to do things.

Millennials 108

Millennials Report Groups Mobile 108

PYMNTS

MAY 14, 2018

Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as we know them are soon to be replaced by self-driving software platforms that we will call “cars” mostly out of nostalgia.

Millennials 101

Millennials Operations Mobile Cards 101

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. billion in sales for the month of November alone. Just a few weeks after the U.S.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

AUGUST 21, 2018

Chevron, which operates approximately 8,000 gas stations in the U.S. Chevron, which operates approximately 8,000 gas stations in the U.S. They want that transaction to be as speedy as possible, and they want it to be very secure,” Tos recently told PYMNTS. Millennial Promise. million more downloads annually.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

SEPTEMBER 4, 2019

In an interview with PYMNTS, Richard Noguera , chief information security officer at Yapstone , discussed the findings of the playbook titled “ Meeting the Millennial Need For AI-Powered Visual Shopping.”. In most retail verticals, Noguera said, the approach can be somewhat scientific, based clearly on past purchasing behavior.

Millennials 110

Millennials Data social media Analytics 110

PYMNTS

MAY 10, 2018

Of those verticals seeing fraud, anything that is sold in high-end and medium retail is hit often, and hard, as are liquor operations. Millennials are traveling and leaving their credit cards at home. The executive said that of every 10 conversions done by his firm, six to seven are prompted by a fraudulent activity.

National 130

National System United States Fraud 130

PYMNTS

APRIL 28, 2017

According to recent industry research , consumers, particularly millennials that are accustomed to shopping on digital channels, expect merchants like supermarkets to offer technology that gives them more control over their shopping experiences. Securing More Consumer Control. Personalizing for Control and Convenience .

Security 100

Security Software Technology Resources 100

Insights on Business

FEBRUARY 27, 2019

The iPhone became more popular and apps got better and more secure. Your executive teams may feel that their current mobile apps and internet banking operations are sufficient. Use case: Focus on the millennial market with mobile. Seamless security—and digital workflow. How should banks prepare for the digital future?

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

JANUARY 17, 2020

Think of access to reliable internet service, perhaps, as roughly similar to access to reliable and secure financial services — without both, the larger worlds of payment and commerce can indeed suffer. “In In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles. communities.

Payments 131

Payments Los Angeles San Francisco New York City 131