Bank Innovation

MAY 16, 2019

KOHO, a Toronto-based digital banking startup, has raised C$42 million (US$31 million) in a Series B round to add new products and services. KOHO, with its millennial friendly aesthetic and messaging, currently offers its users debit cards, personal finance management tools and cashback features.

Millennials 186

Millennials Digital Banking Tools Innovation 186

PYMNTS

JANUARY 10, 2020

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.

Millennials 131

Millennials social media Mobile Payments 131

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Walmart also has said it wants to us AI to enable workers to fix problems and restock items efficiently. The AI revolution is slowly unfolding, and retail will play a big part in that.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

MAY 2, 2016

And though men have made up some ground on the domestic front, millennial moms are still a force to be reckoned with. As it is in nearly every other generational subsection, millennial moms love mobile. Perhaps that’s why Toys”R”Us is trying out a new omnichannel fix across its Canadian footprint.

Millennials 100

Millennials US Online Retail 100

Perficient

JANUARY 12, 2021

Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions. This hyper-accurate scan maps your foot morphology and is available for use for both online and in-store purchases. So, is now the time for AR?

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

JUNE 13, 2020

Consuming alcohol has always had a lot of questions built into it that most of us probably never noticed: Red or white? That’s because for most of us, those questions are a convenient shorthand for personal style and preferences. Shaken or stirred? Single-malt or blended? On the rocks or neat?

Innovation 214

Innovation Millennials Groups US 214

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

MARCH 4, 2017

Millennials as a generation are probably the most speculated and talked-about generation in human history. More seriously, millennials are increasingly viewed as a generation a bit in peril. Millennials Bowl. As it turns out, millennials love sriracha, yoga pants, Netflix, chilling, Snapchat and bowling. There are 75.4

Millennials 100

Millennials Mobile social media US 100

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet.

Millennials 109

Millennials Marketing Data Taxes 109

PYMNTS

MAY 24, 2019

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation. The clothing rental market in the United States is projected to reach $4.4

Innovation 134

Innovation United States Online Mobile 134

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

DECEMBER 24, 2020

Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. You've got an industry that's one of the biggest sectors on the planet in terms of dollar flow, but you've got players who face the pretty classic innovator's dilemma,” he said. All told, it’s risen 363.6

US 230

US Company Report Payments 230

PYMNTS

OCTOBER 22, 2018

Using smartphones and apps to autopay at gas stations, or to find and pay for parking, or asking a voice-activated assistant on the other end of a speaker to order a pizza aren’t just what early adopters of cool, connected tech are doing. We observed the same consumers making purchases using many of them. Bridge Millennials are the 20.7

Millennials 212

Millennials Study Payments Data 212

Abrigo

MAY 11, 2020

Banking technology has long been associated with the preferences of Millennials , or Gen Z, but Dave Koch, Managing Director of Advisory Services at Abrigo, says that some institutions might have boxed themselves in with that narrow way of thinking. The PPP has exposed many areas where technology excelled over traditional processes.

US 195

US Lending Community Technology 195

Bank Innovation

APRIL 17, 2017

For far too many of us, asking about our finances elicits an immediate stress response. And, according to the 2016 edition of PwC’s Employee Financial Wellness Survey , financial stress is on the rise, with Millennial’s typically in worse shape with regards to their personal finances than previous generations.

Fintech 268

Fintech Innovation Survey US 268

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. 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. Analysts pinpoint certain companies as bellwethers for the performance of a sector.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. The opportunity is us to open in some of these unexpected locations,” Neighborhood Goods CEO and Founder Matt Alexander told PYMNTS.com in an interview.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

APRIL 24, 2017

This week we saw scientists march, the French go to the polls and a $400 high-tech juicer turned out to be an innovation on par with something that everyone already has: their hands. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JANUARY 16, 2020

Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. Millennials have matured financially, but many remain wary of using traditional credit to buy even routine or small-ticket items. How Millennials Are Driving BNPL Growth. BNPL is not a new payment method.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

DECEMBER 6, 2018

The big idea is that this is teaching us to think differently,” Gass noted in a recent interview. Gass’ hope is to help push the Kohl’s base lower, as she is looking to draw millennial customers to the brand as their new go-to location for merchandise of all kinds.

Millennials 109

Millennials Branding Retail Milwaukee 109

PYMNTS

AUGUST 26, 2019

Also, Kohl’s is teaming up with Facebook to capture the attention of millennials, and world bankers met to discuss whether a new cryptocurrency would be better than relying on the dollar as a global reserve company. Despite Meeting Swiss, US Lawmakers Remain Libra Skeptics.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

OCTOBER 7, 2020

“Gucci is raising the bar not only for the fashion industry, but for all companies by continuously innovating to make its business more sustainable,” said Julie Wainwright, founder and CEO of The RealReal. Gen Z, millennials and men are the new faces of luxury shopping, and the brands in tune with what they want are rising to the top.”.

Branding 203

Branding Millennials California Data 203

PYMNTS

NOVEMBER 16, 2017

Mary’s chief operating officer, Ken Senus, about how the credit union has evolved since it was founded and why, perhaps counterintuitively, its age is an appealing factor for millennial members. From Mill Workers to Millennials. Conservative Approach, Rooted in the Great Depression. Staying in Business, More Than a Century Later.

Millennials 101

Millennials US New Hampshire Resources 101

PYMNTS

JUNE 9, 2017

In an interview with PYMNTs after a webinar by the pair titled, “Financial Services Innovation — The Risk of New vs. Nothing,” John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, managing director at FinTech Forge , discussed the challenges and rewards of embracing change, even as firms are mindful of what works.

Innovation 109

Innovation Compliance Technology Data 109

PYMNTS

DECEMBER 22, 2016

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

Innovation 100

Innovation Payments Regulation Industry 100

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. UK Digital Bank Monzo Taps Visa Exec as US CEO. Millennials Were Black Friday’s Big Spenders in 2019. Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 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

MARCH 5, 2019

Our stores are a key asset and differentiator for Kohl’s, we continue to innovate to make them more relevant and compelling for our customers,” Gass said in the call. Rewards and Millennials. And, to help reach millennials, the company has rolled out a “millennial initiative” to bring consumers in this demographic to its stores.

Millennials 148

Millennials Philadelphia Chicago Retail 148

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Fraud Issues Stemming From Paper Check Use.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

DECEMBER 4, 2018

This all should serve as food for thought as the holidays are upon us. As depicted over the summer in our Innovation Readiness Playbook , FIs are focusing efforts across digital wallets, P2P payments and, of course, loyalty programs. The Millennials Cometh. We are talking here, of course, about millennials.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

NOVEMBER 19, 2020

With all of the problems and challenges 2020 has thrown at us, the last thing anyone needs is a nagging perceptual rift between payees and payers about what “instant” means. Millennials come in second at 15.6 percent of millennials received an instant income and earnings-related payment, and 11.8 Yet, there it is.

Payments 237

Payments Millennials Groups Survey 237

PYMNTS

JULY 23, 2019

million) in the latest round of funding from the Board of Banking Competition Remedies (BCR) Capability and Innovation Fund. Innovation is growing in the small business and payments area, and “the next 12 months will be key,” Barnett said. . “We that caters to millennials, has raised £50M ($62.4 Ireland, Nordic and Baltics.

Millennials 144

Millennials Innovation Fintech Lending 144

PYMNTS

DECEMBER 11, 2020

Millennials’ Changing Credit Habits. According to new PYMNTS research on millennials’ online credit usage, something notable is shifting in the habits of younger consumers, particularly bridge millennials. Eleven-and-a-half percent of bridge millennials have used a BNPL product in 2020, twice that of the average consumer.

Payments 188

Payments Millennials Cards Regulation 188

PYMNTS

APRIL 13, 2017

Technology and conventional wisdom can get things horribly wrong at the intersection of tech-driven innovation and commerce. Discussion over the ways to embrace and promote innovation — especially as it pertains to connected devices — spilled over into the investment and artificial intelligence realms as Prof.

US 102

US Innovation Data Security 102