PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

DECEMBER 28, 2018

percent since 2012. This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. According to the Federal Reserve , U.S. consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010.

Millennials 145

Millennials Lending System Data 145

PYMNTS

NOVEMBER 21, 2016

“The communities and local economies that they serve rely on this capital to succeed and thrive.” ” “They expect to be able to apply for a loan while sitting on their couches with their iPads,” he continued, adding that the rise in millennial-owned SMEs could be a driving force behind this.

Lending 100

Lending Meeting National Community 100

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 And the once-adoring tech and analyst community have turned ugly. What a difference two years makes.

Innovation 109

Innovation Online Google Millennials 109

Independent Banker

AUGUST 25, 2016

to boost your community bank’s. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use.

social media 70

social media Community Bank Community Video 70

Jeff For Banks

DECEMBER 1, 2015

So went the 2012 press release announcing the opening of the next generation of the bank branch. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

PYMNTS

APRIL 17, 2017

Such was the opinion of Slate in September of 2012 — and while today it may seem a bit overzealous, as Karen Webster pointed out at the time, it was clear that Square’s ambition was to move well beyond dongle and card acceptance for teeny tiny merchants. Once they get hooked on it, they won’t want to stop.”. The Square Evolution.

Apple 110

Apple Capital Cards Payments 110