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Millennials Vs. Baby Boomers: When Does The ‘Cashless Society’ Begin?

PYMNTS

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

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Robinhood Faces Another Service Interruption Due To Technical Issue

PYMNTS

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We The company was founded by Vladimir Tenev as well as Baiju Bhatt in 2013 and notched $280 million from investors in May. The app was up in under an hour.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. If you have an interesting podcast to share, please send it to marketing@abrigo.com.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101
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CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials

Fintech Labs Insights

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. imaginBank provides customers with a complete array of financial services such as a commission-free current account, a Visa imaginBank debit card, and PFM tools, as well as up-to-date mobile and P2P payment technology.

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PYMNTS’ 2017 New Year’s Resolutions

PYMNTS

The startup drew jealous ire from competitor Facebook/Instagram , success from millennials and confused befuddlement from baby boomers this year, along with a $1.81 According to Internet Society, the average cost of a data breach is now about $4 million, up 29 percent since 2013. billion funding round back in May. Oh, chatbots.

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