PYMNTS

MARCH 8, 2019

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. Buying a house is no small undertaking. percent, compared to 11.9

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Turning to the Americas — defined as the U.S., Cards are perhaps proving a sticking point in the move toward electronic payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

DECEMBER 4, 2018

For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items. These perks have been an advantage for credit cards, but could that erode as, say, Alipay offers integrated loyalty programs? The Millennials Cometh.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

NOVEMBER 6, 2019

Last month, Bank of America revealed that it saw a 76 percent year-over-year increase in Zelle payments in Q3. Venmo has also been adding features to differentiate itself, such as rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release.

Millennials 107

Millennials Payments Cards Survey 107

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. It provides an exhaustive and statistically reliable portrait of the connected consumer in America. consumers shop and pay — today and in the future. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. .

America 101

America Lending Cards Capital 101

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

SEPTEMBER 19, 2019

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account with a Mastercard debit card, Mastercard said in a press release on Thursday (Sept. million-plus millennials in the country. . Accelerate 2.0

Fintech 148

Fintech Millennials Cards America 148

PYMNTS

JULY 21, 2019

But for those observers watching reports from Bank of America, American Express and others, one strong signal came from the continuing trend of spend. In one example, for Bank of America , the U.S. Card sales volume gained 11 percent from the year-ago period to $192.5 billion, an increase of $2.3

Cards 129

Cards America Millennials Conference 129

PYMNTS

JULY 15, 2020

The idea here was to give millennials and Gen Z, our target audience, access to a diversified portfolio of new economy companies and gig economy companies,” Noto said. The news comes as Samsung Electronics America, Inc. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

Samsung 162

Samsung National Millennials ATM 162

PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. What about gift cards? Research says millennials love gift cards , so that may be a way to create a budding bitcoin trend.

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

PYMNTS

MARCH 17, 2020

Yet this assumption, according to Jason Polancich, CEO of Invoia , fails to take into account the millions of SMBs throughout rural America, where many business owners — even millennial entrepreneurs — simply aren’t interested in complex technological solutions. “They have a hard time using online banking.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

DECEMBER 24, 2018

The lucrative “ Bridge Millennial ” consumer segment — relatively high earning and highly educated, and approaching their peak earning years — are particularly fond of this technology, with 31 percent of owning a voice-activated speaker. 5: With Payment Cards. 10: With Contactless Cards. 6: With Person-To-Person Mobile Tech.

Cards 207

Cards Payments Mobile Millennials 207

PYMNTS

MARCH 2, 2018

Several major banks and FIs — including Bank of America, Discover and Wells Fargo, among others — offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. Despite incentives, a new study found debit cards appear to be more popular than credit cards, especially among younger customers.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

DECEMBER 13, 2018

13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Robinhood resonates with millennials because of its no-fee structure, full transparency and use of a mobile app. Robinhood, the mobile investment app company, announced Thursday (Dec.

cryptocurrency 145

cryptocurrency Millennials ATM Mobile 145

PYMNTS

OCTOBER 21, 2020

"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

PYMNTS

JULY 7, 2020

Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. consumers to shift as much as $100 billion in annual spending from credit to debit cards.”. Financial services firm Visa is also anticipating a strong consumer shift from credit to debit cards.

Cards 135

Cards Millennials Conference America 135

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples Cards 189

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. Mastercard Expands Digital Card Program To Include Instant Access, eWallet. Mastercard Expands Digital Card Program To Include Instant Access, eWallet.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

MAY 1, 2020

JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to help small businesses that are struggling due to the coronavirus pandemic. Tradesy CEO: Millennial Women, Louboutin Shoes And Restarting The Economy.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

NOVEMBER 26, 2018

With the system, drivers of eligible Buick, GMC, Cadillac and Chevrolet vehicles can find gas stations and make payments at 11,000 Shell-branded fuel stations in North America from within their vehicles. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

AUGUST 4, 2017

Getting community banks to adapt to the changes brought on by the availability of faster payments is a priority of the Independent Community Bankers of America (ICBA), the trade organization representing approximately 5,800 community banks of various sizes nationwide. Millennials Moving Into And Up In The Business World.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

OCTOBER 13, 2020

Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct. Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

FEBRUARY 27, 2019

Millennial consumers probably wouldn’t be so generous. But data shows that what consumers increasingly do want is money pushed to them via the alias known as the debit card. Roughly 84 percent of consumers surveyed prefer the debit card to a mobile phone number or email alias. on a scale of 100. The Future of Filling a Need.

US 134

US Cards Millennials Payments 134

PYMNTS

MAY 4, 2017

Earlier this year, Bank of America became the first major financial institution to introduce Early Warning’s Zelle into its mobile app as a way to compete with Venmo in the P2P space. While other services, including Zelle and Splitwise, allow users to divvy up expenses, they lack a social media element that millennials have come to enjoy.

social media 104

social media Payments Millennials Mobile 104

PYMNTS

FEBRUARY 20, 2019

The challenger bank acquired a banking license when it launched, and offers each customer a fixed savings account, two credit cards and an app that offers personal spending advice. Such is the case in Latin America, where roughly 70 percent of the population lacks bank accounts. In the U.S.

Digital Banking 155

Digital Banking Millennials America Lending 155

PYMNTS

AUGUST 21, 2018

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. Millennial Promise.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

FEBRUARY 14, 2019

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster in a recent conversation, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. “My We can do it every two weeks like everyone else in America, but that’s a little boring.

Branding 155

Branding Millennials Meeting Cards 155

PYMNTS

MARCH 1, 2017

Brian Billingsley, CEO North America at Klarna , joined Karen Webster to discuss those partnerships and the benefits that it believes its more streamlined financing options can bring to the consumer purchasing experience. Klarna launched its financing platform in the U.S. But for some demographics, it was almost too frictionless.”.

Customer Experience 100

Customer Experience Millennials Branding Cards 100

PYMNTS

AUGUST 13, 2018

For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events.

Fort Worth 107

Fort Worth Branding Cards Retail 107

PYMNTS

MARCH 5, 2017

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. The PYMNTS.com Global Cash Index™ Americas Analysis found that cash share has decreased steadily since 2009 and that trend is set to continue into the next decade.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

MARCH 2, 2020

According to the PYMNTS Bridging The Gap: Mobile Card App Adoption report indicates that nearly two-thirds of consumers use their digital banking app at least twice a week, over 90 percent of Gen Z consumers have downloaded mobile card management apps and 70 percent of consumers report the mobile app is their preferred tool for card management.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

DECEMBER 22, 2016

Russian chatbot TalkBank launched last week , and back in November, at Money20/20, Mastercard launched its KAI chatbot and Bank of America launched Erica. The companies said that, because research says millennials check their phones more than 45 times a day, the banking platform is meeting those customers where they are: on their phones.

Millennials 100

Millennials America Study Mobile 100

PYMNTS

JANUARY 29, 2018

In this case, a crew member who works for one of the big ships in America via cruise line is traditionally paid every two weeks, and while they may receive payments onto a card or to their phones, they may also need to send money home, in this illustrative case to the Philippines.

Payments 134

Payments blockchain Maine Examples 134

PYMNTS

MAY 15, 2018

Nana Murugesan, vice president and general manager at Samsung Electronics America, said this is what Samsung has been building up to in recent years, continually tucking new value-add features into its ecosystem. The Challenge of the Bridge Millennial. Bridge millennials have careers and disposable income.

Samsung 101

Samsung Millennials Online Mobile 101