PYMNTS
OCTOBER 27, 2016
ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are not seen applying again for at least 12 months. A frequently referenced Bankrate.com study reported that 63 percent of millennials do not have a credit card.
Abrigo
AUGUST 1, 2016
Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. No doubt the group, which this year surpassed baby boomers as the largest segment of the U.S. population, will be important for bankers to understand.
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Independent Banker
OCTOBER 1, 2022
Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”. While some groups of people might be more vulnerable to certain types of financial fraud … many of these schemes don’t have specific age groups in mind.
Abrigo
SEPTEMBER 26, 2017
For example, according to a recent poll during the Sageworks Risk Management Summit, 39 percent of bankers say it typically takes their financial institutions from three to six weeks to close a new commercial loan, and another 36 percent said it takes more than six weeks. Read more about traits of millennial business owners here.
PYMNTS
DECEMBER 3, 2019
Today, we are still seeing instant payments limited to certain demographic sets and market slices — peer-to-peer (P2P) payments among millennial consumers or instant payroll disbursements for gig workers. In the early days of P2P when it was a group of friends sitting around a table splitting up a check, that viral model of spread worked.
PYMNTS
OCTOBER 31, 2016
Disappointed millennials rejected by credit card companies. Millennials — Once Rejected, Twice Shy. Millennials’ “take it or leave it” attitude toward credit has been well documented over the last several years. Because there was lots of disappointment to go around last week.
PYMNTS
JANUARY 10, 2020
David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo. Amir Rubin, a former UnitedHealth group executive, succeeded Lee. Battle For Millennials. Having held numerous strategic positions at the third-largest bank in the U.S., How To Win The $1.4T
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