PYMNTS

APRIL 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. adults are concerned about the security of their financial data when making payments at these venues. Mobile wallets , however, have advantages that span from convenience to security.

Security 140

Security Mobile Retail Survey 140

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. To track how we will pay, watch how Bridge Millennials pay today.

Millennials 212

Millennials Study Payments Data 212

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. Bridge millennials own slightly more devices than the average consumer in our study: six devices compared to the roughly five that most consumers own. This group of 60 million U.S.

Millennials 222

Millennials Study Course Trends 222

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 188

Millennials Maine Study Security 188

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. These young shoppers want the store to fit three main criteria, too: They want it to be clean, they want staff that are “friendly and knowledgeable” and they want a “positive” checkout experience.

Study 100

Study Millennials Retail social media 100

PYMNTS

MAY 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. Billing issues and payments is the most common reason, cited by 29 percent of cardholders, followed by fraud and data security, cited by 23.8

Cards 216

Cards Data Millennials Report 216

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. Social Security number as an identifier. News From the Digital ID Space.

Security 110

Security Report National Millennials 110

PYMNTS

APRIL 2, 2019

App security, speed and partnerships with brands like Deliveroo are all ways the company is looking to augment the MOA experience for the modern customer, Sharif said. QSRs are attempting to create a mobile experience tailored for millennials, a generation that, on average, dines out five times per week.

Security 152

Security Mobile Branding User Experience 152

PYMNTS

OCTOBER 16, 2019

Concerns over security breaches and data privacy remain high, however, so providers will need to be sure users are properly protected from all manners of fraud as this ecosystem grows. IoT devices still have a number of security weaknesses that providers must address as the technology becomes a larger part of consumers’ daily lives.

Millennials 191

Millennials Fraud social media Study 191

PYMNTS

SEPTEMBER 24, 2019

Millennials no longer rule the mobile services space. Small banks can struggle to develop such services and keep them secure, however. Push payments are often seen as more secure than pull payments because the former do not require payers to reveal sensitive bank account or payment instrument data. Read more in the Tracker.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

MAY 25, 2018

The group recently launched its Trusted Exchange Accreditation Program to “leverage existing industry-wide identity verification, authentication and privacy/security frameworks and best practices in use across the ecosystem,” according to a press release. The program could eventually lead to a better payments regime for healthcare providers.

Technology 166

Technology Payments Millennials blockchain 166

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. I believe [that] things have kind of really evolved.

United States 174

United States Security Innovation Mobile 174

PYMNTS

MAY 30, 2018

If they are a millennial, odds are good that they are shopping, since 81 percent use their phone as their name commerce channel. 81 percent: The share of millennials who report the mobile phone as their main digital purchasing channel. 80 percent: The share of American adults with access to a smartphone.

Millennials 108

Millennials Maine Security Mobile 108

Accenture

JUNE 16, 2017

The headline findings from our study suggest that this investment is justified, with fully two-thirds of all UK customers and 74 percent of millennials saying they’d be willing to receive entirely computer-generated advice on relatively simple decisions such as which type of bank account to open (see Figure 1).

Millennials 153

Millennials Maine Study Security 153

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

MARCH 12, 2019

Any security mishap can send customers to one of the other digital banking apps that are ready and waiting for them. In the new Digital Banking Tracker , PYMNTS examines the ways digital banking is changing as security measures grow more stringent, and challenger banks look to amass more customers. About the Tracker.

Digital Banking 209

Digital Banking Fraud United States Security 209

PYMNTS

SEPTEMBER 8, 2020

Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection. Along with the tremendous opportunity for sales growth, the challenge is making that first sale happen, he said.

Innovation 223

Innovation Retail Millennials Tools 223

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

AUGUST 9, 2019

Then, there are Bridge Millennials. Bridge Millennials are a unique group of consumers, comprised of individuals between 30 and 40 years of age who exhibit cultural characteristics of both Generation X and Millennials. Among the Bridge Millennials in our study, 37.8

Data 155

Data Millennials Google Apple 155

PYMNTS

MARCH 9, 2020

According to the Cambridge English Dictionary , a bank is an institution in which people and businesses can securely store and access their money and borrow it as needed. Bridge millennials are the most likely to play the banking services field, doing business with national banks as well as digital and online banks.

How To 232

How To Millennials ATM Fintech 232

PYMNTS

APRIL 24, 2019

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. To learn more about how Spotahome is approaching data security and customer trust, read the Playbook’s feature story. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. This month’s Deep Dive examines what it takes to ensure convenient, secure online shopping experiences.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

OCTOBER 1, 2019

A report by Lloyds Bank noted that the share of millennial consumers who fall victim to scams increased by 400 percent in the past year, even though overall fraud incidents declined. The report did have some good news for millennials, however: this demographic loses an average of $3,280 per scam, much less than any other age group.

Fraud 156

Fraud Millennials Regulation Trends 156

PYMNTS

DECEMBER 11, 2019

That means taking a closer look at buyer and seller payments, as well as security measures, on the platforms, said Colin Gardiner, chief revenue officer of shared RV marketplace Outdoorsy. Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

SEPTEMBER 26, 2019

Sezzle’s main targeted demographic is younger consumers, and it wants to increase their purchasing power. Sezzle’s installment solution is rapidly growing among Gen Z and millennial consumers and is proven to dramatically reduce cart abandonment.”. The purchases won’t affect credit scores.

Payments 133

Payments Millennials Maine Online 133

PYMNTS

DECEMBER 9, 2019

You might be shocked to discover that fully 42 percent of businesses still used paper checks as their main payment method in 2019. Statistical swarms of millennials and Gen Zers report never having used a paper check. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world.

Millennials 130

Millennials New York City National New York 130

PYMNTS

APRIL 29, 2019

Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. Homesharing platforms are also competing for young consumers’ attentions – millennials make up approximately 60 percent of Airbnb’s guests, for instance.

Payments 100

Payments Millennials Maine Industry 100

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Millennials 101

Millennials Las Vegas Meeting Maine 101

PYMNTS

MAY 23, 2019

Digital banking is not the main element that drives consumers toward using a credit union. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average. Optimizing Old Flows For New Consumers.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

APRIL 2, 2019

App security, speed and partnerships with brands like Deliveroo are all ways the company is looking to augment the MOA experience for the modern customer, Sharif said. QSRs are attempting to create a mobile experience tailored for millennials, a generation that, on average, dines out five times per week.

Security 100

Security Mobile Branding User Experience 100

PYMNTS

JUNE 29, 2018

The latest evidence in favor of the work ethic of those young people (aka millennials ?): In fact, 51 percent of millennials have at least one of those jobs to earn extra cash. Economic circumstances play a significant role in pushing millennials into the gig economy. Debt And Job Insecurity. Debt And Job Insecurity.

Millennials 102

Millennials Survey Maine Analysis 102

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. Cheaper deliveries and adults who cook less than previous generations are among the main factors behind that growth. billion in 2017, with grocery stores poised to become the main driver of those transactions.

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 22, 2019

Securities and Exchange Commission (SEC) for an initial public offering (IPO). At the same time, it was said that half of millennials in the U.S. Amid a year when well-valued tech companies plan to list their shares, Pinterest has reportedly made a confidential filing with the U.S. use Pinterest as frequently as they use Instagram.

social media 100

social media Millennials Maine Report 100

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. Trading FinTech Robinhood Markets Inc. has grown the size of its newest investment round to $660 million. FIS, TCH Partner To Connect Small Banks, CUs To RTP.

Company 137

Company Payments Atlanta Massachusetts 137

PYMNTS

APRIL 9, 2020

In the latest Disbursements Tracker® , PYMNTS examines the impact of COVID-19 upon disbursements and payments, how businesses and government bodies are responding to the increased need for faster payments and rising fraud and security concerns in this space. Around The Disbursements World.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

APRIL 29, 2019

“You have to create great experiences for customers,” he said, adding that providing a friction-free, relevant and even fun experience matters, particularly to younger consumers like millennials. Not to mention, those experiences go beyond pumpside deliveries. If you can leverage a brand, that can be a fast track.”.

Mobile 152

Mobile Maine Trends Retail 152

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” A quick look at top banking podcasts worth a listen, according to Abrigo : 1. Banking Transformed 2. BankTalk 3. Banking with Interest 4.

Community 195

Community Lending Maine Resources 195