PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Necessity is the mother of invention.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JANUARY 14, 2019

That’s because they’ve trained consumers over the last half decade that walking into a store isn’t as nearly as satisfying or productive an experience as shopping online—and not necessarily from those same traditional players. population was online. That won’t be a slam-dunk for traditional retailers. The Danger in the Data .

Retail 198

Retail Online Mobile Data 198

Jeff For Banks

MARCH 3, 2018

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Online book stores.

Apple 66

Apple Millennials Massachusetts FDIC 66

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

CB Insights

DECEMBER 7, 2017

Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies. Eighty percent of those customers were first-time home buyers and millennials were twice as likely to use their product as a competitor.

Millennials 69

Millennials Lending United States Technology 69

William Mills

SEPTEMBER 7, 2016

I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Founded: May 2007. I like it; I need to learn more about what they are doing as it’s the right direction from offline to online. Boy, that’s the truth.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

DECEMBER 26, 2016

Likewise, the rate of online fraud attacks on retailers has doubled, up 137 percent year over year in the first quarter of 2016. ” “And millennials, that segment of the population that never wanted to have much to do with traditional banks, will have yet another reason to thumb their noses at them and go somewhere else.

Fraud 110

Fraud US Data Payments 110