PYMNTS

MAY 23, 2019

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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Cards Millennials FDIC ATM 135

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. The ATM Real Estate Advantage. Cross River teamed up with Mastercard in 2017 to launch Mastercard Cash Pick-Up, a disbursement service that delivers cash on behalf of businesses to vetted recipients through a network of ATMs. Postal Service (USPS).

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ATM Millennials FDIC New Jersey 100

PYMNTS

JUNE 13, 2017

Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. SoFi has confirmed the news.

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FDIC Utah Millennials ATM 100

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). It has also meant working in anticipation of the changing needs of millennial users. You just start with that digital-first mindset.”.

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Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 6, 2017

Millennials represent what the executive termed a “P2P native” segment, with 67 percent of individuals using cash for payments (P2P) versus 62 percent for all age groups. The electricity may still be out and the ATMs and debit cards still inaccessible, but the windows, roofs and doors need patching.

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United States Study Cards FDIC 119

PYMNTS

JANUARY 30, 2018

Our Core Checking account provides full access to all our financial centers, ATMs, mobile and online banking and offers several ways to avoid a monthly fee, including a monthly direct deposit of $250, which equates to $3,000 annually,” Betty Riess, a Bank of America spokeswoman, told CNBC. Who They Serve.

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America Maryland FDIC Millennials 109

PYMNTS

FEBRUARY 14, 2019

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster in a recent conversation, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. “My Digital has changed much of that, by giving consumers more options for how and where they shop, and certainly how and with what they pay.

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Branding Millennials Meeting Cards 155