Remove ATM Remove Capital Remove Fintech Remove Millennials
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Debit, ATMs And The New Age Of Bank Branches

PYMNTS

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? In short, how to tangibly capitalize on the tangible? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. Among the participating FinTechs are Payso, SnapCheck and Token.

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Zero Launches Debit-Like Credit Card, Raises $20M

PYMNTS

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Tech and Finance

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities. Or at least they should be.

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In Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far

PYMNTS

It is OK for firms that have seed capital, that anticipate growth in sales that need to support staff and machines and servers … ‘til scale comes into play, and red ink turns black. The losses come out to be $64 per customer per year, driven by costs that come in tandem with use — namely tied to international ATM use.

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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. GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019.