Abrigo

OCTOBER 21, 2019

While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology. Does your financial institution support a culture of innovation and an environment that welcomes new technology? Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

MARCH 3, 2020

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Banks looking to make the most out of these rare visits must use the latest technologies. BMO Harris is one bank enjoying the improved efficiencies that come with digital-first banking.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

APRIL 30, 2019

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. After all, the country has around 500 million millennials and roughly 150 million small and medium-sized businesses. It has a valuation of $2.7

Fintech 176

Fintech Millennials Regional Financial Technology 176

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

JUNE 26, 2017

A new generation of entrepreneurs is on the horizon, and they’re shaping the way corporates adopt, interact with and influence technology. Meanwhile, about 49 percent of millennial entrepreneurs said the same, though it was still the most common motivation behind the move for both age groups. Fifty-eight percent of U.K. entrepreneurs.

Millennials 132

Millennials Regional Report Community 132

PYMNTS

APRIL 23, 2019

While the company taps into technology that pre-populates many deals in the application form, clients who already have credit cards through the bank will have a less extensive form to fill out. Applicants can activate their cards after they attain immediate approval for their applications.

Cards 115

Cards Google Regional Samsung 115

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

JANUARY 18, 2019

Though kiosk-based medical care might seem impossible, the current usage of health-related connected devices indicates that this technology could someday become a reality. Urban centers could use connected technology to track the speed and efficiency of buses, trains and subways, as well as public and private vehicles.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

MARCH 6, 2019

As the name implies, it’s global, and will include participants from five regions — including France, host to the competition’s grand prize ceremony, held during the opening week of the FIFA Women’s World Cup in June of this year. To compete, firms must have at least one female co-founder.

Regional 179

Regional Capital Study Leadership 179

NCR

JULY 20, 2016

Biometric technology is becoming an increasingly important part of the payments industry, as organizations look for reliable, fast and convenient methods of authentication. But which biometrics technologies are likely to have the biggest impact on the payments industry? Fingerprints. Ear acoustics .

Technology 40

Technology Payments Millennials System 40

PYMNTS

OCTOBER 8, 2020

Now more than ever, we see it as our mission to give today’s businesses the touchless technology needed to keep the kiosk experience safe and empower businesses to continue thriving.’’. “Touchless.ai The interface needs no trigger word and operates without personally identifying the user’s voice or face. “We Bad trail maps. No trail maps.

Google 161

Google Branding Millennials Technology 161

Independent Banker

NOVEMBER 21, 2021

Walden Mutual will use that experience, plus Cummings’ fresh perspective, to embrace a technology-forward approach. In the past, megabanks had a technology advantage over smaller banks, Cummings says, but by taking advantage of third-party applications and core updates, those benefits are accessible to startups and smaller banks.

Community 170

Community New Hampshire New York Millennials 170

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. The big banks’ advantage in technology is not new. Or at least they should be. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. There’s a younger generation in the U.S.

United States 102

United States Millennials Course Lending 102

PYMNTS

NOVEMBER 11, 2016

Others referenced regional geotag text with which Snapchat allows users to overlay their photos. It’s not just millennials and post-millennials using a free service any longer. It’s millennials and post-millennials (or their parents, more likely) with expendable income and a credit history.

Millennials 143

Millennials Video Retail Regional 143

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? Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

APRIL 13, 2017

“Under the GSTV umbrella and with Verifone’s influential backing, we will draw on our collective partnerships and experiences to strategically accelerate growth, push the boundaries of technology and deliver the proven effectiveness of video at the pump.”.

Detroit 100

Detroit Video United States Millennials 100

PYMNTS

APRIL 23, 2019

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. One might argue that the shifts have been better or for worse (when was the last time one could separate a millennial from their iPhone for a decent conversation?), That seismic change may not be felt in payments.

Apple 200

Apple Cards Payments Course 200

PYMNTS

DECEMBER 19, 2016

Some 200 stores in the region will reportedly offer delivery options during the trial run. Starbucks , Domino’s and Taco Bell already have popular digital payment options, especially with millennials (go figure). It’s working toward rolling out these technology upgrades in all of its worldwide locations by the end of 2018.

Florida 100

Florida Tampa Miami Millennials 100

PYMNTS

APRIL 24, 2019

In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

MAY 23, 2019

Technology may be changing, but the level of service consumers want from businesses is not. While many of these customers belong to the millennial and Gen Z age groups, and prefer to communicate via text or Messenger, companies in the sharing economy still need to maintain familiar channels, like contact lines, to satisfy older customers.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

JUNE 9, 2020

He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing. Conversely, challenger banks’ data-driven, in-house-built, advanced-technology-underpinned platforms can, in effect, predict what consumers will want. “If

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

MARCH 23, 2016

“The combination of American Apparel’s real-time, local inventory paired with Postmates’ superior delivery technology and national footprint is changing the way customers can access their favorite brands,” Luedorf said in a statement.

San Francisco 100

San Francisco New York City Metro New York 100

PYMNTS

JANUARY 15, 2019

15) that it has launched a global initiative, She’s Next, Empowered by Visa, which seeks to support the advancement of women-owned small businesses around the world through shared research, experience and technologies. To that end, Visa said on Tuesday (Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

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 100

Lending Community Bank Millennials Community 100

NCR

APRIL 16, 2018

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Standing out in a crowded marketplace. Digital demands.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

PYMNTS

JANUARY 17, 2020

And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. The agency has approved almost 13,000 low-Earth orbit satellites, which encompass 11,943 for Elon Musk’s Space Exploration Technologies Corp.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

NOVEMBER 13, 2017

millennial small business owners expect revenue to increase in 2018 , a whopping 30 percent greater than the national average of small- and medium-sized businesses (SMBs) overall, according to Bank of America’s latest Business Advantage Small Business Owner Report , released last week. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

The Banker Technology

AUGUST 18, 2017

Banks in the Gulf region have scored some notable successes in the digital field, such as Liv, a UAE bank run by and for millennials. However, the longer-term threat from fintechs still looms large, writes James King.

Millennials 28

Millennials Regional Fintech 28

PYMNTS

JUNE 25, 2019

Oyo asks owners to upgrade them to meet some basic standards – clean linen and bathrooms, air conditioning, Wi-Fi, breakfast and properly groomed staff – and rents their rooms out at bargain-basement prices, using homegrown technology meant to optimize occupancy rates.”. Asian inter-regional demand itself is as sizeable as the U.S.

Online 100

Online Retail Capital Marketing 100

PYMNTS

OCTOBER 1, 2018

Many retail brand organizations that have not previously adopted this technology are reacting to competitive pressures, and [are] therefore moving on this now,” Murphy said. They simply don’t have the visibility [into] the last mile of distribution, or the last market region of distribution of their product items.”.

Branding 155

Branding Retail Technology Data 155

American Banker

MAY 5, 2016

Hefty investments in customer-facing technology such as person-to-person payments, mobile check deposit and fingerprint recognition have given big banks a decided edge in attracting and retaining younger consumers.

Millennials 28

Millennials Mobile Technology Payments 28

PYMNTS

AUGUST 18, 2017

Even among tech-savvy millennials, who are driving the shift toward digital payments, cash continues to power a third of their transactions. The PYMNTS.com Global Cash Index™ Australia Analysis also features an interview with Raghavendra Bhat, Australia and New Zealand (ANZ) Banking Group’s head of technology.

Report 100

Report ATM Analysis Cards 100

PYMNTS

AUGUST 14, 2019

We continue to see double-digit increases in new customer wins each month, demonstrating continued demand for Zelle from national and regional banks and credit unions.”. “More than 64 percent of U.S. Although the Zelle-Venmo competition is probably the main event for now, it’s not the only action taking place in the world of P2P payments.

Payments 124

Payments Trends Cards Comparison 124

FICO

DECEMBER 20, 2018

I’ll leave the speculation on the headline-grabbing technologies — your blockchains and your dancing robots — to others. Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks.

Trends 73

Trends Lending Fraud Exercises 73

NCR

OCTOBER 5, 2016

“It is of course right that businesses are investing in digital technology to make their customer experience as streamlined as possible. Digital migration effectively only emulates the routine human service of a branch or call centre, where newer technology now allows FI’s to deliver human interaction anywhere, anytime on any channel.

Customer Experience 100

Customer Experience ATM Strategy Millennials 100

Banking 2020

NOVEMBER 27, 2015

No one understands this trend better than those pesky millennials. These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. At the same time, credit unions chalked up 3% growth in new millennial customers.

Millennials 40

Millennials Survey social media Online 40