Bank Innovation
JULY 27, 2018
Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Currently, millennials’ combined financial assets come up to $4.5 trillion in wealth.
PYMNTS
JUNE 14, 2018
Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. The mobile game show HQ Live Trivia, already counts up to two million participants per game. Second Chances.
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PYMNTS
JULY 1, 2019
Younger consumers — millennials, Generation Z — seem to get all the focus when it comes to eCommerce and digital payments these days. By 2030, the Census estimates there will be 78 million Americans over the age of 65. Such a consumer segment is not insignificant. About 50 million Americans are over the age of 65, according the U.S.
Banking 2020
FEBRUARY 17, 2015
For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. Still, the emergence of mobile-first, or even mobile-only, banks is startling. 2030, 2 billion people who don’t have a bank account today will be storing money and making payments with their phones.
CB Insights
JULY 25, 2019
Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . get the REPORT on next generation investors. Source: Deloitte.
PYMNTS
SEPTEMBER 17, 2018
Private-car ownership is on its way out — or, perhaps less dramatically, will become a much smaller part of economic life — according to a report this year from Credit Suisse, with new car sales in severe decline by 2030. By 2040, Credit Suisse predicts , 14 percent of all vehicles on the road will be fully autonomous.
Gonzobanker
DECEMBER 20, 2019
mobile, remote capture); it partners with the likes of Google, Schwab and TrueCar; and its talent is active every day with 150+ agile team members creating new capabilities and the highest Net Promoter Score in banking. . The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. It’s game on.
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