NCR

APRIL 18, 2017

At a time when non-cash payments and mobile banking are on the rise, a common question often raised is: does the ATM and the branch still have a place in the banking industry? Research has suggested that the answer to that question is a resounding ‘yes’, particularly among the millennial generation.

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Millennials ATM Phoenix Study 75

PYMNTS

MAY 4, 2017

“There’s an immediacy aspect of cash,” Bailey said, whether done at the teller in a branch or increasingly at the ATM. Cardtronics has recently struck partnerships with FIs for cardless cash services, and with attendant offerings such as ATM locators and fee alerts (for ATMs levying fees) via SMS.

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ATM Millennials United States Study 192

Payments Source

MAY 9, 2018

Millennials view the ATM as central to how they manage their money and go about their daily lives, writes Yonas Marcos, president and CEO of Star Financial Services.

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Millennials ATM Marketing Management 64

PYMNTS

MARCH 9, 2020

That finding is also relatively consistent across income and demographic profiles, even for bridge millennials (the largely affluent 30- to 40-year-old crowd) and Gen Z respondents. The need for physical branches tops providing ATM services by a factor of almost four. The Services Expectation. According to our survey, 48.2

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How To Millennials ATM Fintech 232

PYMNTS

MAY 31, 2017

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. In short, how to tangibly capitalize on the tangible?

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ATM Millennials Cards Management 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash . The Flaw In Demonizing Big Tech. How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel .

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Maine ATM Innovation Millennials 130

PYMNTS

MARCH 1, 2018

Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. Can a cash back program help millennials avoid the debt trap? As it turns out, millennials are more afraid of debt than of death. About the Tracker.

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Millennials Trends Cards ATM 102

PYMNTS

MARCH 2, 2020

It’s a fair question given that ATMs and mobile banking can now make the whole “teller in a window” thing disappear permanently. We’ve all heard that millennials, for example, think of bank branches as a vestiges of another century with little relevance to their financial lives. Is that what people really want?

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ATM Millennials Retail Video 191

ATM Marketplace

FEBRUARY 16, 2021

Buy Now and Pay Later has become a trend during 2020 and looks like, given the appeal it has for millennials and Gen Z's it will be part of the payments industry in the future. Chaim Lever, co-founder of Four, a split-payment platform, shares his thoughts on why especially these two groups prefer to buy now and pay later.

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Millennials Trends Groups Industry 122

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. The average rate of a new bitcoin ATM? But maybe ATMs won’t indeed be the way that people access bitcoin.

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Bitcoin ATM Cards Los Angeles 100

Chris Skinner

JUNE 25, 2017

Jeff is an actor and comedian, … Who needs millennials? I have had many, many conversations about reaching the millennial customer. We need to be attractive to millennials? Millennials think differently, how do we reach them? Millennials are rejecting banks, is that right? Blah, blah, blah, blah, blah.

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Millennials ATM Maine Fintech 164

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. Image: iStock/Piranka.

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ATM Mobile Strategy Fraud 85

PYMNTS

MAY 13, 2019

Separation and authentication of those transactions are critical, he said, in an age where banks want to tap into a demographically desirable population: millennials. Perhaps not surprisingly, this “ ATM -like approach” to mobile banking works well at ATMs. Eliminating Entry Points. They gain access.

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ATM Mobile Security Online 134

Insights on Business

FEBRUARY 13, 2019

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks.

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Albuquerque Digital Banking Millennials social media 152

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.

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Millennials Mobile Lending Cards 77

PYMNTS

MAY 23, 2019

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

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Cards Millennials FDIC ATM 135

PYMNTS

JANUARY 24, 2018

also boasts a greater ATM availability score of 60, according to the PYMNTS ATM Availability Index, almost twice as high as the Americas ATM availability score of 32. The service, he noted, could be especially appealing to tech-savvy millennials. What’s more, an estimated 24 percent of U.S. trillion.

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America ATM New Jersey Millennials 122

PYMNTS

APRIL 23, 2019

The mobile app offers low or no-fee checking-like services, out-of-network ATM usage fees and the ability to earn 4 percent APY on balances of up to $3,000. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 percent of Bridge Millennials did so. In fact, 72.4

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Millennials Mobile Study Branding 145

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. They can also get in-network automated teller machine (ATM) reimbursement at more than 55,000 U.S. The news comes as Samsung Electronics America, Inc.

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Samsung National Millennials ATM 162

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. The ATM Real Estate Advantage. Cross River teamed up with Mastercard in 2017 to launch Mastercard Cash Pick-Up, a disbursement service that delivers cash on behalf of businesses to vetted recipients through a network of ATMs. Postal Service (USPS).

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ATM Millennials FDIC New Jersey 100

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. It has also meant working in anticipation of the changing needs of millennial users. You just start with that digital-first mindset.”.

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Millennials Digital Banking San Francisco Fintech 132

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. These users are receiving investments, insurance and income via those means.

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Online Payments Millennials Apple 148

PYMNTS

JULY 1, 2020

The rate rises to 60 percent among bridge millennials, those between the ages of 30 and 40. . This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. . The results? Such an app could potentially involve as much as $2 trillion in card spending. .

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Survey Cards Millennials ATM 183

PYMNTS

DECEMBER 13, 2018

As a result the Robinhood Checking & Savings account earns people 3 percent interest, which it said is the highest rate available in the market, has no fees attached to it and provides access to 75,000 free ATMs, 24 hours a day along with 24/7 customer support and a debit card that can be personalized.

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cryptocurrency Millennials ATM Mobile 145

PYMNTS

DECEMBER 9, 2019

Statistical swarms of millennials and Gen Zers report never having used a paper check. Their perception of banking, aside from ATMs, is entirely app-based – and mobile. As younger millennials and Gen Zers quickly become dominant in the workforce, ideas around banking and payments will change more rapidly.

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Millennials New York City National New York 130

Chris Skinner

FEBRUARY 3, 2017

Couple this with increasing regulation, historically low interest rates, and the fact that most (73%) millennials would prefer to get their banking services from a non-financial services company, and banks seem to be headed the way of Blockbuster.

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Innovation Millennials ATM Data 150

NCR

JULY 5, 2017

Finding the right balance between physical and digital channels and approaches to banking is crucial for providers wanting to guarantee the highest possible levels of satisfaction for their customers – particularly in the millennial age group. The majority of transactions conducted at the ATM are for cash withdrawal purposes.

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ATM Customer Experience Millennials Tools 81

PYMNTS

OCTOBER 16, 2020

consumer currently goes to an ATM to get cash fewer than four times a year. Surprisingly, a higher share of bridge millennials (23.1 The study also found that the typical U.S. Just 21 percent of such consumers said they would use cash for such connected commerce, compared to 51.6 percent who would use credit cards and 45.5

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Payments Study Survey Cards 166

PYMNTS

MAY 9, 2019

Separation of transactions and authentication of those transactions is critical, he said, in an age where banks want to tap into a demographically desirable population, millennials. Perhaps not surprisingly, this “ATM-like approach” to mobile banking also works well at, well, actual ATMs. Eliminating Entry Points.

Online 100

Online ATM Security Millennials 100

PYMNTS

NOVEMBER 4, 2016

” 63% | Percentage of millennials without credit cards (though not for lack of trying). billion | The value the global ATM market is expected to reach by 2022. . $65,000 | Cash one San Diego octogenarian lost after falling victim to the “Grandma Scam.”

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San Diego Millennials ATM Cards 100

PYMNTS

SEPTEMBER 14, 2018

According to a company report, the Sapphire Reserve card is popular among millennials because of the generous rewards points, which cater to their desire to travel. Customers will also get a reduction in some undesirable fees, including wire transfer fees and foreign exchange fees at ATMs outside of the country.

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Cards Millennials ATM Branding 123

PYMNTS

MARCH 3, 2020

percent APY on any money in the account — and they will be able to spend it with a Mastercard debit card, where money can be accessed at more than 75,000 ATMs. The problem is when transparency is lacking, and trust is fragile, especially when it comes to millennials.

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Course System Millennials ATM 187

PYMNTS

JANUARY 8, 2019

Chime also provides its customers with access to a network of roughly 40,000 free ATMs nationwide. What Britt would confirm, however, is that the Pinch team would be critical in Chime’s next phase, building credit and credit management products for their millennial customer base. ”

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Digital Banking Tools Cards Millennials 160

PYMNTS

JUNE 22, 2017

The Right Tool for Millennial Shoppers? This is especially true of millennial consumers who are more likely to consider a store’s values when making a purchase than other generations. The good news for companies is millennials already understand the role businesses can play in making a difference in the world.

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Millennials Digital Banking Survey Tools 117

PYMNTS

OCTOBER 31, 2016

Disappointed millennials rejected by credit card companies. Millennials — Once Rejected, Twice Shy. Millennials’ “take it or leave it” attitude toward credit has been well documented over the last several years. Because there was lots of disappointment to go around last week.

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Data Millennials Chicago Lending 100

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm.

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Regional National Cards Mobile 241

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. Collectively, Australians used a whopping $143 billion in cash last year — more than $103 billion of which came from the country’s vast network of ATM terminals. ATM withdrawals made up 8.7

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