2012 Capital Fintech Millennials 
PYMNTS
OCTOBER 7, 2019
Silicon Valley FinTech Affirm is rolling out a new app that will give customers a way to shop at almost any store and split their payments, the company announced in a press release on Monday (Oct. Half of Affirm’s users are millennials or Gen Z, the company says. It also has raised $1.03 billion in a debt and equity combination.
PYMNTS
AUGUST 17, 2017
Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). It has also meant working in anticipation of the changing needs of millennial users. It’s a really exciting time to be in the space.”.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
DECEMBER 28, 2018
percent since 2012. Capital One and Discover have both announced that they will be tightening their underwriting standards in the new year, and Goldman Sachs has gone from plans of expanding its online consumer credit product Marcus to plans of reining it in somewhat next year. According to the Federal Reserve , U.S. trillion, up 18.5
CB Insights
DECEMBER 10, 2020
The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. This makes the sector an attractive target for fintech companies. . Where Top US Banks Are Betting On Fintech. First name. Company Name.
Accenture
SEPTEMBER 22, 2019
As our research shows, their net promoter score averages 62 compared to just 19 for traditional banks—a differential reflected both by their rapid customer adoption and also their ability to attract venture capital funding. Why are they doing so well? Cybersecurity. Trust is central to any bank’s relationship with its customers.
Jeff For Banks
MAY 31, 2017
Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. Between 2012 and 2015, there was a 4% branch reduction.
PYMNTS
NOVEMBER 21, 2016
Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. So, it’s a curiosity why a bank and a FinTech partner would want to focus on the SME space at all. and other markets.
Expert insights. Personalized for you.
139 
Let's personalize your content