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SoFi’s Trading Volume Surges, User Base Nearly Triples

PYMNTS

The idea here was to give millennials and Gen Z, our target audience, access to a diversified portfolio of new economy companies and gig economy companies,” Noto said. The news comes as Samsung Electronics America, Inc. In April, SoFi said it had come to a definitive arrangement to purchase Galileo Financial Technologies.

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Aussie FinTech Douugh Introduces ‘Savings Jar’ With Mastercard Debit

PYMNTS

million-plus millennials in the country. . Douugh is a disruptive financial technology platform that uses AI to help people change their relationship with money,” Taylor said. “We We want to be exclusively focused on fostering financial wellness for our customers.”. There is a waiting list in the U.S. Accelerate 2.0

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

Noto’s remarks came on the same day as the announcement of “ Samsung Money by SoFi ,” the new mobile-focused money management product SoFi is offering in partnership with Samsung Electronics America Inc. Founded in 2011, SoFi made its reputation by refinancing student loans for millennials. It will be available to U.S.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Millennials Moving Into And Up In The Business World.

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ICBA: Building Bridges For The Next Generation Of Community Banks

PYMNTS

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

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User Experience Is Key to Customer Satisfaction, Report Says

Bank Innovation

Having a "frictionless" user experience (UX) is among the top three qualities that bank customers look for when picking a new bank, right after "security" and "trustworthiness," according to a new report by financial technology provider, FIS.

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Does Anyone Outside PR Firms Think Surveys Are Newsworthy?

Tech and Finance

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. June 11 Extend’s Millennials Report Shows Only 11% Of Millennials Have A Business Credit Card From Their Employer. May 2018 GlobalData. – 52.3%

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