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Heads Up, Millennials: Chick-Fil-A Wants To Buy You Breakfast

PYMNTS

. “We know our customers are busy, and life gets even busier for families when kids head back to school,” said Michael Lage, senior manager of digital experience for Chick-fil-A, in a press release. The first version of the app appeared back in 2012, with an option to order via mobile phone as an option in 2013.

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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

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). A separate survey from management consulting firm Bain & Co.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. Unless we sort this out as a payments financial services ecosystem, we’ll be talking about things a lot more serious than a bunch of consumers feeling stressed out about paying their bills, but [about] managing to pay them somehow, some way, even if they’re late in paying them,” Webster said. That amounts to $13.2

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News

PYMNTS

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo. Battle For Millennials.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. Cybersecurity. Trust is central to any bank’s relationship with its customers.

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Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

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. Companies like Fount and Liqid are digital asset managers with robo-advising capabilities. get the full 45-page disrupting investment banking report.

America 101