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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. billion in 2013, representing a 2.10 Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct.

Trends 101
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

India is the region with the highest growth potential, and this is why both Amazon and Alibaba see it as critical to their long-term strategy. Alibaba and Amazon are already the two main e-commerce players in the region, and are fiercely competing to keep that edge as more spending shifts online. Amazon launched amazon.in

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

One of the biggest challenges these companies face is that many operate without a bank charter or license. Existing startups like the UK’s Revolut are also looking to expand in the region. Startups targeting retail and commercial banking are well funded: Collectively, these 61 startups have raised $3B across 173 deals since 2013.

Retail 78
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). Is it in the water?

Utah 60
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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. in 2013 to 15.8% Today, Indonesia features one of the most compelling macro backdrops for investment globally with a young, optimistic, and upwardly mobile population of 264M.