PYMNTS

JANUARY 22, 2020

“Over the last years, that shift [has intensified],” Parsons said, noting that about two generations ago, the first payment card was not even plastic, but paper — something most consumers today are unable to recall or likely believe. Trust Issues. Trust, too, is another issue where things might not be so clear or easy for merchants.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. The trend is unlikely to abate as younger generations gain greater influence in corporate buying.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

JUNE 25, 2019

P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. About a fifth, by comparison, had used Venmo for gambling. About a fifth, by comparison, had used Venmo for gambling.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

JUNE 26, 2018

And while there has been some slight uptick in default in sub-prime auto borrowers, when you look at default rates as a whole, they are looking very favorable in comparison to long-term history.” Mortgage balances currently are around 68 percent of disposable income, and credit card balances are less than 7 percent of income.

Millennials 116

Millennials Lending United States Comparison 116

PYMNTS

MAY 28, 2019

The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. billion – of funds were lost to card fraud in 2018, up from $1.4 GO-JEK’s payment system GO-PAY rolled out last year, accounting for more than half of the startup’s transactions. billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

FEBRUARY 25, 2019

By comparison, the hurdles to become a third-party seller are lower on Amazon and Walmart; on those sites, sellers ask for approval to sell through an application. Customers, however, are still said to get a 5 percent discount with a Target credit card as well as free shipping. .

Branding 101

Branding Comparison Millennials Retail 101

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Many employers no longer offer traditional pensions the way they used to — in fact, less than 5% of Fortune 500 companies offer pensions to employees today, in comparison with 50% two decades ago. get the REPORT on next generation investors.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

SEPTEMBER 20, 2018

Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings, according to the PYMNTS Paying At The Pump report. How are gas apps from both gas stations and comparison services tapping into this demographic, along with the overall market?

Mobile 140

Mobile Payments Google Millennials 140

PYMNTS

AUGUST 14, 2019

This newest P2P offering follows last year’s move by Venmo to add an option to make an instant transfer through a debit card, which would get the money to a bank account in minutes for a 1 percent fee, with a minimum of 25 cents and a maximum of $10. About a fifth, by comparison, had used Venmo for gambling. Zelle Trends.

Payments 124

Payments Trends Cards Comparison 124

PYMNTS

JULY 11, 2019

Customers can make their payments with any form of credit or debit card, and the company is looking to integrate with digital payment methods as well. By comparison, August says a lot of her competitors have more conservative and staple pieces. For payments, the company integrates with Stripe as its processor. The Market.

Maine 129

Maine Comparison Millennials Innovation 129

PYMNTS

JULY 18, 2018

But what if one could combine digital technology, payment processing, existing card rails and easy, instant access to daily wages to build a perk that can help persuade workers to stay put? Employees use the DailyPay app to request their wages; they can access their pay and direct it toward a bank account, payroll or debit card.

Payments 103

Payments Tools Millennials Industry 103

Gonzobanker

APRIL 4, 2024

Because banks like Bank of America, Chase, Wells Fargo and other large regional banks have highly diverse product lines, making a direct comparison of number of customers nearly impossible. of Millennials, 7.5% Of Chime’s 38 million customers, about half consider the neobank to be their primary checking account provider.

Comparison 101

Comparison Fintech America Survey 101

PYMNTS

SEPTEMBER 30, 2019

Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Extensive research is then conducted on each item’s style and brand, which includes side-by-side comparisons and critical examination,” said Co-Founder Lindsay Segal in an interview with PYMNTS. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

OCTOBER 27, 2017

Millennials and recent college graduates often don’t even have a credit card, Burkhart said, so the thought of purchasing a car fills them with trepidation. It’s not just about reaching millennials, said Burkhart. “The subscription lowers the bar for aspirational customers to get in the seat of a Porsche and to get hooked.”.

Millennials 104

Millennials Industry Resources Branding 104

PYMNTS

APRIL 22, 2016

Particularly favored as a potential marriage that makes sense is a pairing of Acorns with Venmo, since they share a target audience of millennials with a mobile-friendly outlook. And with millennials as its targeted audience, there’s still room for mighty oaks to grow. Card-on-file was the most common “other” in this category.

San Jose 100

San Jose Mobile Retail Survey 100

NCR

MARCH 31, 2017

According to the latest data from the UK Cards Association, consumers spent £647 billion ($799 billion) on cards in 2016. Stephen Hart, founder and chief executive of comparison site CardSwitcher, said: “Check use has plummeted and there are regular calls for them to be scrapped entirely. billion the previous year.

Millennials 40

Millennials Trends Survey Comparison 40

PYMNTS

DECEMBER 9, 2016

True, the growth may be tepid, but during a deflationary environment, the firm has been grabbing the benefits of lower merchant fees post its switch from Amex to Citigroup via co-branded cards. And millennials are signing up for membership, too. By comparison, Apple sold 212 million iPhones in 2016.

Google 100

Google Apple Bitcoin Samsung 100

BankBazaar

JULY 17, 2019

But to facilitate customers, insurance companies are now posting all the details regarding their insurance products on their official websites in the same way that they do for other financial products like Credit Cards , Personal Loans , Home Loans or Car Loans. Additional Reading : Top 5 Reasons Why Millennials Need Insurance.

Policies 60

Policies Online Comparison Company 60

Javelin Strategy & Research

JUNE 3, 2015

Moven is a reloadable debit card and mobile app. It’s as if a prepaid card had a love child with Mint that grew up to be an older, more mature debit card that is able to track your money in real-time. I’m not the first person to compare physical activity to financial activity but I think the comparison is really compelling.

Fintech 40

Fintech Comparison Millennials Cards 40

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. I think cards from Dynamics ARE big in Canada. Bolt on to your bank card and can create a custom integration.

Mobile 40

Mobile Cards Fraud Data 40

Fintech Labs Insights

JANUARY 18, 2016

Millennial saving & investing app. Tags: Consumer, insurance, health care, comparison shopping, API, developers. Integrated payment processor. Latest round: $10 million Series B. Total raised: Unknown. HQ: Shanghai, China. Source: Crunchbase. SaaS banking platform. Latest round: $8.73 million Series B. Total raised: $13.1

Company 12

Company New York City Fintech San Francisco 12

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

JANUARY 11, 2021

Gig workers, according to the data, are majority millennials and bridge millennials, though that is shifting as the gig economy becomes more popular among demographic sets and Generation Z consumers are increasingly coming of age. Interest in getting vaccinated is highest among older generations, with 46.5

Millennials 154

Millennials Los Angeles Sacramento New York City 154

PYMNTS

DECEMBER 24, 2019

By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. The company has an option to transfer money to the bank without a debit card for the same fee. Discover announced that it will start issuing contactless cards over the next several months.

Cards 160

Cards Payments Study Examples 160

PYMNTS

SEPTEMBER 19, 2016

Will anything ever excite millennials about credit cards? EMV’s Win — Against Cloned-Card Fraud. Just about a year into the move to chip-enabled cards, Mastercard reported that the data shows a “positive impact” through the technology across stakeholders, including issuing banks, consumers and merchants. Elizabeth Warren.

Millennials 100

Millennials Cards Fraud Online 100