PYMNTS

AUGUST 23, 2019

These marketplaces also need to make sure that payments, however quick, remain safe and secure as fraudsters continue to hammer at the gates. Around the Payments And The Platform E conomy. In other markets, the rise of marketplaces is giving old organizations new perspective. To learn more, visit the Playbook’s feature story.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

JANUARY 12, 2021

It also analyzes how these shifts could create more opportunities for nontraditional lenders, especially those that have embraced digital or instant payment methods. This increased familiarity with digital payments is still somewhat offset by recipients’ perceptions of whether lenders can fulfill these expectations, however.

Millennials 239

Millennials Payments Lending Study 239

Payments Dive

FEBRUARY 17, 2017

Marketing strategies devised for millennials by older generations have been based on bad intuition, poorly curated data, and unquestioned, incomplete assumptions. When you're designing banking and payment systems for your next generation of customers, bad guesses can be expensive. That leads to bad guesses.

Marketing Strategies 205

Marketing Strategies Millennials Payments Strategy 205

PYMNTS

AUGUST 26, 2019

Retailers looking to engage tech-savvy millennials and Gen Z consumers are quickly doubling down on their efforts to offer more visual content and enhance the discoverability of their products and services. A survey conducted last year found that 62 percent of millennials prefer visual search over other search methods.

Millennials 185

Millennials Retail Tools social media 185

PYMNTS

SEPTEMBER 29, 2020

Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse. We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said.

Millennials 251

Millennials Retail Online Branding 251

Bank Innovation

AUGUST 23, 2017

EXCLUSIVE – Add another financial wellness app to the list, millennials. Douugh, a fintech company that uses artificial intelligence (AI)-based to provide financial guidance, launches today. The AI-based platform is guided by Sophie, a 24/7 personal assistant for finances.

Marketing 230

Marketing Millennials Innovation Fintech 230

PYMNTS

DECEMBER 30, 2020

Installment payment provider Afterpay announced that it facilitated $1 billion in sales in the United States for the month of November, fueled in part by Black Friday and Cyber Monday shopping. could become an even more competitive market for BNPL solutions in the future. The Latest Buy Now, Pay Later Developments.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

FEBRUARY 28, 2020

He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

MAY 26, 2020

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

Millennials 153

Millennials Study Groups Survey 153

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. “In According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. The High Stakes Of Offering Contactless.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

OCTOBER 8, 2020

The consumerization of payments continues. But along with low volumes that have been the hallmark of the past few months, Talaga said there has been a lingering impact from the lag time of payments from insurance companies and patients. And it may be enough to fix what ails healthcare. There’s a net financial impact here, too.

Payments 298

Payments System Millennials Apple 298

Bank Innovation

FEBRUARY 24, 2017

Hip Money – a new app by Hip Pocket – adapts the millennial habit of “swiping” to help them save and pay down debt through a mobile app. In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Nebraska-based software Read More.

Nebraska 199

Nebraska Millennials Marketing Software 199

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. As the year closes, PYMNTS calls out six payment methods that gained traction and attention, including a take from key executives in each category. percent of bridge millennials have used BNPL, close to double the average.

Payments 260

Payments Millennials Survey Trends 260

Bank Innovation

SEPTEMBER 1, 2017

While Amex remains at the top of the credit stack in terms of payment volume, its market share has been declining as banks like Chase and […]. EXCLUSIVE—With the new “Pay It, Plan It” features announced this week, credit provider American Express is banking on a more debit-like functionality to gain customers.

Millennials 186

Millennials Marketing Payments Cards 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. The company has had success with this type of market vigilance, but hotels are quickly catching on. Market Growth and Opportunity.

Millennials 131

Millennials social media Mobile Payments 131

PYMNTS

APRIL 24, 2019

Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. Payments and The Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

OCTOBER 15, 2020

India’s pay-later app Slice is introducing a no-fee Visa card that offers its Gen Z and millennial customers cash back and no-cost EMIs during festive sales. “We Payments startup Slice was founded in 2016 to cater to the financial needs of the Gen Z and millennial generations.

Millennials 134

Millennials Cards Fintech US 134

PYMNTS

FEBRUARY 11, 2020

Geoff Seeley, former Airbnb marketing official, is now working with payment company Afterpay as its global marketing leader. Before that, he worked on digital transformation at Pearson , the world’s biggest education company, and he also worked in marketing at Unilever , Ogilvy and Dentsu Aegis.

Marketing 163

Marketing Leadership Millennials Branding 163

PYMNTS

NOVEMBER 22, 2019

From the issuer’s point of view, the best outcome is for the consumer to use the credit product and repay some of what they borrowed at the end of the month, but not all of it, so they can start making interest payments on the remaining balance. We have strict limits, and you make a payment every two weeks.

Millennials 158

Millennials Retail Tools Branding 158

PYMNTS

JANUARY 8, 2021

Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers. 16, Massachusetts securities regulators filed a complaint against Robinhood alleging that the company aggressively marketed to inexperienced investors and failed to implement controls to protect them, violating state laws and regulations.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Why Travel Firms Need To Cater To Millennial Payment Preferences. About The Playbook.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

FEBRUARY 12, 2019

For consumers, and increasingly for businesses, speed is coveted when it comes to payments. Far-flung systems, and many ways to get there – but the end goal is to have payments settle instantly or in real time. Data: 56: Number of real-time payments systems slated to be live or underway by 2020.

Millennials 154

Millennials Payments Retail Lending 154

PYMNTS

DECEMBER 3, 2020

Yet, the two most connected consumer groups — bridge millennials and superconnected consumers — have changed their habits the most. Both bridge millennials and superconnected consumers own more connected devices than the average consumer and are considered to be on the cutting edge of digital adoption.

Millennials 211

Millennials Groups Study Retail 211

Chris Skinner

OCTOBER 15, 2018

Things we’re reading today include … Terrifying moment giant PYTHON crashes through bank ceiling and scares staff Card clash: Mastercard is gaining market share in the UK payments market ECB should keep policy options open regardless of Fed Millennials and apps are shaking up asset management Barclays to challenge Goldman … The post (..)

Millennials 216

Millennials Policies Cards Marketing 216

PYMNTS

DECEMBER 26, 2018

To let shoppers discover and try out new products, payment companies are helping merchants launch augmented reality (AR) experiences within social media platforms. Pan-African payments firm Cellulant , for instance, created an AR experience in Facebook Messenger.

social media 180

social media Payments Millennials Regional 180

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

NOVEMBER 26, 2018

While apps are used for gas station payments by only 4.5 percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

APRIL 29, 2020

Buy now, pay later (BNPL) solutions are well on their way to challenging credit cards as younger consumers’ deferred payment method of choice. Millennials carry two fewer credit cards than their Generation X counterparts, for example, and are the single-largest demographic group using BNPL solutions. Approximately 20.3

Payments 175

Payments Millennials Cards Retail 175

PYMNTS

DECEMBER 17, 2019

It said that 70 percent or more of millennials are involved in B2B buying decisions. “As PYMNTS research has also documented the building B2B personalization trend — specifically, via payments, which are becoming ever more digital in the B2B world, mirroring trends from the business-to-consumer (B2C) side of things. B2B Gets Younger.

Millennials 134

Millennials Trends Analysis System 134

PYMNTS

SEPTEMBER 11, 2019

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

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. For consumers, commerce is about convenience.

Millennials 212

Millennials Study Payments Data 212

PYMNTS

JUNE 17, 2019

The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment systems and infrastructure that enables funds to be delivered in real-time and that operate on a 24/7 cycle. Expanding financial access, boost financial competition.

Payments 201

Payments System National Mobile 201

PYMNTS

JULY 25, 2019

On a global stage, one size does not fit all when it comes to payments. For example, she said, some users may wish for payments to be done digitally, with speed and ease. Progress in the payments space isn’t just about what is possible … it’s determined, at least in part, by economic realities.”. Payments, on a Global Stage.

Payments 189

Payments Innovation Examples Cards 189

PYMNTS

DECEMBER 14, 2020

There aren’t many online payment providers that have successfully gone offline. customers, he said Afterpay has become as much of a marketing channel for its retail partners as it is a financing tool. million U.S. merchant referrals it did on Black Friday alone. And now that the company has amassed a base of 13 million U.S.

US 322

US Retail Cards Millennials 322

South State Correspondent

JULY 11, 2022

Email is one of the most effective bank marketing channels available. Using AI for bank email marketing can get you a 2% to 13%+ lift, or improvement, depending on the technique. In this article, we give you our top five lessons to inspire your bank to adopt AI in marketing or leverage our data to improve your effort.

Marketing 195

Marketing Data social media Groups 195

PYMNTS

MARCH 12, 2020

German payments company Wirecard said on Thursday (March 11) that it is partnering with Sweden’s FinTech startup Klarna for integrated payments. The collaboration will bring three digital payment methods — Pay Now, Pay Later and Klarna Financing — to merchants’ checkout process on Wirecard’s commerce platform. “We

Payments 143

Payments Millennials Cards Fintech 143