Remove Comparison Remove Fraud Remove Millennials
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Sharing Platforms Fight Fraud, Make Friends

PYMNTS

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

Fraud 130
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Deep Dive: Safeguarding B2B eCommerce And The Corporate Customer Experience

PYMNTS

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. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

That’s because the largest combined consumer group today — probably one of the largest combined consumer groups in history — consists of millennials and Generation Z. By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store. Trust Issues.

Retail 137
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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. Fintech cos are trying to prevent fraud. 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.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7 Just under $3 billion – or $2.7 billion in 2017. billion in losses around the world last year.

Apple 159
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P2P Payments Find Fans In The Black Market

PYMNTS

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.

Payments 115
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Beyond Generation Z: Digital Account Opening for Everyone

FICO

It was Millennials. not an uncommon problem with Millennial and Gen Z consumers) What happens if the applying consumer just moved to a new city for work (also not uncommon among Millennials and Gen Z-ers) and they trip a fraud flag because their listed address doesn’t match their address on file?