Articles with tag like: Millennials

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China's share of the global luxury market nearly doubled in 2020

News | Ecommerce | 06 Jan 2021

A report by Bain and Company and Tmall Luxury Division has revealed that China’s share of the global luxury market nearly doubled in 2020.

Bain and Company, Tmall Luxury Division, report, research, China, global luxury market, Millennials, Gen Z, pandemic, COVID-19, online shopping behaviour

Shoppers shift their share of ecommerce spending towards tickets and travel, Klarna reveals

News | Ecommerce | 11 Dec 2020

Klarna has released data that indicates shoppers in the US shifted their share of ecommerce spending towards intangible items during Cyber Week (30 November - 6 December 2020).

Klarna, research, US, shopping behaviour, consumer behaviour, ecommerce, intangible items, Cyber Week, Gen Z, Millennials, Gen X, Baby Boomers, online shopping

Lanistar launches app, registrations for world-first polymorphic payment card

News | Cards | 16 Nov 2020

Lanistar has revealed its world-first polymorphic payment card, known as the Volt card, and begun to accept user registrations and app downloads ahead of its product launch in January 2021.

Lanistar, launch, polymorphic payment card, card, cards, Volt card, multiple currencies, Split Payments, Gen Z, Millennials

Robinhood raises USD 660 mln in latest funding round

News | Payments General | 24 Sep 2020

Robinhood, the financial technology startup popularising trading among millennials, has increased its latest funding round from investors to USD 660 million.

Robinhood, funding, startup, financial technology, Millennials, fintech

Keeping up with digitalisation: author Chris Skinner on 'Doing Digital'

Interviews | Payments General | 21 Sep 2020

Banking Circle interviews Chris Skinner, author of the bestselling books Digital Bank, about how banks are approaching digitalisation, the risks for those that fail to keep up, and the impact of COVID-19 on the industry

digitalisation, banking, fintech, payments, Banking Circle, Chris Skinner, COVID-19, Millennials, Gen-Z, digital transformation

Sezzle activates Google Pay and Apple Pay, extending its reach into in-store retail

News | Cards | 09 Sep 2020

US-based instalment payments platform Sezzle has released its virtual card for shoppers, enabling them to pay by using interest free instalments both in-store and online.

Sezzle, US, instalment payments, virtual card, shoppers, interest free, instalments, retailers, Apple Pay, Google Pay, Sezzle Virtual Card, Buy Now, pay later, Marqeta, merchants, checkout, point-of-sale, mobile wallet, Millennials, Gen Z

US-based fintech Cred.ai releases AI-powered credit card

News | Cards | 14 Aug 2020

Startup Cred.ai has launched a new banking platform specifically for millennials, along with a solid metal credit card. 

US, United States, fintech, cred.ai, AI, credit card, banking platform, Millennials, metal credit card, startup, financial services, FDIC insured deposit account, Unicorn Card Visa, mobile app, mobile check capture, payroll, direct deposit, onboarding

PPRO offers DOKU as a payment option, with more Indonesian payment methods to come

News | Online Payments | 13 Aug 2020

PPRO has announced in a newsletter that it added DOKU as a payment option, with more Indonesian payment methods on the way.

PPRO, Doku, Indonesia, payment methods, credit card, payment methods, e-wallet, Millennials, Indomaret, Alfamart, ecommerce, online shopping

Younger generations drive UK alternative payment methods adoption, PPRO reveals

News | Online Payments | 11 Aug 2020

A new study from PPRO has revealed that younger generations feel confident using or have used alternative payment methods.

PPRO, study, alternative payment methods, APMs, UK, bank transfers, e-wallets, Millennials, Gen Z, credit cards, debit cards, local payment methods, LPMs, ecommerce, digital payment methods, PayPal, mobile wallets, Apple Pay, Google Pay, security, online merchants, PSPs, fintechs, checkout

credit.ai launches its credit card

News | Cards | 10 Aug 2020

US-based fintech cred.ai has launched an AI-powered credit card, designed for Gen Z and Millennial customers.

US, fintech, cred.ai, AI, artificial intelligence, credit card, cards, Millennials, Gen Z, Unicorn Card, Wilmington Savings Fund Society, WSFS, Visa, paychecks, transactions , Flux Capacitator, Check Please, Friend&Foe, merchants, High Security Mode

Afterpay US rewards on-time payments with new loyalty programme

News | Online Payments | 24 Jul 2020

‘Buy Now, Pay Later’ payments company Afterpay has launched a loyalty programme, called Pulse, which rewords customers who spend responsibly.

Buy Now, pay later, Afterpay, launch, Pulse, US, rewards programme, loyalty programme, credit card schemes, responsible spending, Millennials, Gen Z, debit cards, Visa, credit card, eligible purchases, Sephora, instalments, retail, Australia, New Zealand, UK

Canada-based investment app Moka enters European market

News | Payments General | 22 Jul 2020

Savings and investment app Moka (a fintech formerly known as Mylo) has launched in Europe, according to altfi.com.  

Moka, Canada, Europe, France, investment app, savings and investment, fintech, Mylo, Millennials, ETFs, rewards programme, cashback, UberEats, Apple Music, HelloFresh

Mobile wallet payments to surge by 50 percent in 2020

News | Mobile Payments | 03 Jun 2020

Data gathered by Buy Shares UK has revealed that mobile wallet payments will increase by 50% amid the coronavirus pandemic in 2020.

mobile wallets research, mobile wallet payments, POS payments, Millennials, Gen Z, China, US, UK, Brazil, Statista

Payment experience to influence spending with travelling, Amadeus study

News | Ecommerce | 12 Mar 2020

Almost three quarters (74%) of travellers have decided that a poor payment experience reduces the enjoyment of their holiday, according to new Amadeus study.

Amadeus, travel technology, payments, ecommerce, e-wallets, cards, payment experience, pay by instalment, Millennials, study

When it comes to managing finances, millennials value technology

News | Ecommerce | 06 Mar 2020

When it comes to money management, millennials value transparency, technology, and talking, a new research from global payments provider Klarna has revealed.

Millennials, finance, study, Klarna, money management, payments, transparency, technology

Digital bank Revolut launches debit card for traveling millennials

News | Cards | 23 Dec 2019

UK-based digital bank Revolut has introduced a new debit multi-currency card that comes with targeted  to millennials who might be traveling.

Revolut, Asia, expansion, product launch, debit card, cards, multi-currency, Millennials, ATM withdrawals, virtual cards, flight insurance, travel payments, EEA, APAC

Invisible payments to take the stage as the new commerce norm

News | Ecommerce | 14 Nov 2019

Payvision, a global fintech and omnichannel payments provider, has released a new ebook exploring the future of commerce payments.

Payvision, fintech, commerce, omnichannel payments, research, Millennials, Gen Z

British millennials choose convenience over security

News | Digital Identity, Security & Online Fraud | 05 Nov 2019

While millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods, according to a survey by Compass Plus.

survey, cash, mobile payments, smartphone, security, ATM, contactless cards, digital wallets, Millennials, UK, Compass Plus

American Express launches credit card for millennials

News | Cards | 09 Sep 2019

American Express, one of the world’s largest card issuers by purchase volume, has announced the launch of the SmartEarn Credit Card for millennials in India.

American Express, cards, Issuer, launch, SmartEarn, credit cards, Millennials, India

Developing a digitally-native banking experience for millennials – Interview with Liv. Digital Bank

Interviews | Interviews | 19 Apr 2019

Jayash Patel, head of Liv., talks about how the digital bank operated by Emirates NBD can answer the growing banking needs of today\s young generation

Jayash Patel, Liv, Emirates NBD, United Arab Emirates, EMEA, digital banking, banking, digital bank. payments, mobile transactions, digital account, UAE, Millennials, Goal Account