Remove Millennials Remove Payments Remove User Experience Remove UX
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Four Things To Know About Balancing UX And Security In eCommerce

PYMNTS

Oh, and security, too – but not at the expense of that frictionless user experience. Although some customers ( millennials : cough, cough) may value convenience above all else, that youthful sense of fiscal invincibility does not extend to their elders, who place a higher premium on transaction security.

UX 116
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FIs Most Underutilized Asset: Their Apps

PYMNTS

This is true even for routine transactions, such as transferring money to friends and relatives or making retail payments. So what can financial institutions (FIs) do to improve their apps’ user experience (UX), and will making these changes help boost adoption and usage?

UX 150
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The Mobile Banking and Payments Summit – Impressions from Day 2

Celent Banking

A couple weeks ago I attended the Mobile Banking and Payments Summit in NYC for the first time. While the system is safer than traditional cards, the perception that it’s less safe is keeping many users from adopting it. The chip card does a lot for security, but the argument is that it adds friction to the checkout experience.

Mobile 100
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New Data: U.S. Consumers And The ‘Everyday App’

PYMNTS

Then, there are Bridge Millennials. Bridge Millennials are a unique group of consumers, comprised of individuals between 30 and 40 years of age who exhibit cultural characteristics of both Generation X and Millennials. Among the Bridge Millennials in our study, 37.8 This suggests that those 33.7

Data 155
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FIs: Build For A Digital Future Or Lose Customers

PYMNTS

The expert added that these changes aren’t just reaching millennial and digital-native consumers, but also “my 80-year-old parents. It’s about digital payments really changing lives — and it’s across the board.”. Instead, they mostly provide a pre-paid card attached to a much slicker digital user experience (UX).

Mobile 141
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In Retail, Are Rewards Their Own Reward?

PYMNTS

And of those 500 users, 38 percent said card usage is driven by how much cash they have on hand; another 25 percent said their choice to use plastic is driven by the rewards that come with those chosen payment methods.

Retail 137
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). The 3 questions Level Money asks users the first time they use the app.

Tools 78