Remove 2013 Remove Lending Remove Millennials Remove Regional
article thumbnail

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

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.

article thumbnail

Consumer Credit Update for 2Q 2023

South State Correspondent

This data is consistent across regions. We are seeing the lowest origination totals since 2013. Gen Z and Millennials are now using credit on their cards which was not seen before 2020. There are issues with Fair Lending around trying to mitigate this risk, so banks are cautioned to proceed with counsel and risk review.

Trends 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Two that are already seeing lots of activity are payments and lending. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B

article thumbnail

How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Existing startups like the UK’s Revolut are also looking to expand in the region. Asia is highly competitive, with tech giants like Ant Financial and Tencent’s WeChat actively dominating mobile payments and expanding their reach in financial services across lending, wealth management, and insurance. Millennials. Home Owners.

Retail 78
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Is it in the water? Check it out on YouTube.

Utah 60
article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Is it in the water? Check it out on YouTube.

Utah 60