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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

or largely focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com. Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Check them all out in our Knowledge Center.

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Longevity Lessons From The Oldest US Credit Union

PYMNTS

Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. According to Senus, the CU emphasized a “conservative approach” in its lending decisions to emerge successfully from the difficult economic environment. “We From Mill Workers to Millennials.

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Consumer Credit Update for 2Q 2023

South State Correspondent

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. We are seeing the lowest origination totals since 2013.

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The Evolving State Of US Household Debt

PYMNTS

The trend began to reverse in 2013 and household debt began to grow, albeit at a much slower rate that it had in the early aughts. The trend, according to the report, is visible in most major debt categories — particularly home and credit card lending. That latter divergence, the Fed noted in the report, is “worth monitoring closely.”.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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.

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The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook

PYMNTS

Six days later, The New York Times reported that Bear Stearns was dangling on the age of bankruptcy and a forced liquidation after it posted a 61 percent drop in net profits as a result of hedge fund losses in the subprime mortgage market. into a depression a la 1929. Things could have theoretically been much, much worse.

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