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Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

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.

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How You Handle Fraud Will Make Millennials Drop or Love You

FICO

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. In Millennial parlance, that’s “harsh.”.

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The Slow-and-Steady Approach To The Skincare Race

PYMNTS

The brand’s popularity has not come from marketing – Herbivore spends very little on that – and instead has come from the word of mouth generated by their sizable and enthusiastic social media following. But Herbivore went from a hobby soap business to having nearly half a million enthusiasts following them on social media.

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Apple Pay Faces Hemispheric Pressure

PYMNTS

has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. This time, a number of Australian retailers and payments associations are supporting three Australian banks that want Apple to give third-party access to its secure NFC module for Apple Pay.

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Chinese Tourists Are Driving Global Payment And Retail Change

PYMNTS

Launched on Fliggy in 2015, and prior to the Marriott’s new global push of the service, PPP was available at some 100,000 hotels across mainland China. Analysts and media reports say that the service more than likely foreshadows other China-centric features to come from the hospitality, tourism and payments industries. So is WeChat.

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Tweet to pay: Is this the future of banks maintaining a competitive edge?

Abrigo

Groupe BPCE, France’s second largest bank (by customers), has utilized the API of the global social media giant Twitter to allow their customers to transfer money via a tweet. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

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The 2015 GonzoBanker Awards

Gonzobanker

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!