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DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

PYMNTS

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. eBay: Offline Payment Preferences Are Changing Online Habits

Trends 175
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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Now the oldest millennial is 43 (see table by Statista).

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How fraudsters target different generations

Independent Banker

By identifying the preferred banking and spending habits of different generations, scammers can tailor how they reach their targets. We look at community banks’ options for fighting this type of crime. Reports about fraud losses: Millennials vs. people 40+. Source: Federal Trade Commission, 2019. Millennials.

Fraud 133
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Digital Payments Deliver in Money Moments of Need

Jack Henry

With more than 203 million daily active users, Snapchat has taken over the way we communicate. 1 When meeting someone new, the majority of Millennials and Gen Zers ask for a person’s Snapchat rather than a phone number. bank account has access to P2P payments via Zelle right in their mobile banking app.

Payments 109
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How Banks Can Stay More Connected Like Amazon

Gonzobanker

It’s not a “Millennial thing.” Focus on digital marketing and social media , supplemented with physical outreach to drive digital , such as enhanced contact centers, bank-at-work programs, trade shows, art exhibits and other outreach. About one-third of community banks are planning to add or replace this technology.

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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. A relationship-based, community focus in a digital world.

Lending 259
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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. A relationship-based, community focus in a digital world.

Lending 195