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Mastercard Opens ‘Assemble,’ New Money Management Platform for Millennials

Bank Innovation

Global payments technology company Mastercard is opening a new platform aimed at the financial management needs of the millennial generation, the company announced today.

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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management. The same goes for payments and companies that will take a bank-at-work program where the customer is a client and promote the bank to employees.

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How Pilot Is Innovating Corporate Taxes For Millennial-Run Businesses

PYMNTS

Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

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Franklin Templeton Teams Up With Razer To Woo Millennial Investors

PYMNTS

trillion global investment giant founded in the 1940s and named after Benjamin Franklin is teaming up with upstart Razer Fintech to create a digital wealth management platform targeted at millennials and young investors. 14) to work together to develop the new platform.

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Wells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients

PYMNTS

The enrollment period for the Greenhouse mobile banking program has ended, and we’re no longer accepting new applications,” the company wrote on the Greenhouse program’s website. Existing Greenhouse by Wells Fargo customers can continue to manage their finances through the Greenhouse app.”. Millennial-Banking Apps Are Struggling.

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PayPal Remains Most Popular ‘Innovative’ Banking Product for Millennials

Bank Innovation

It might be a better idea to focus on its parent company. Most millennials—more than 90%—have used or are using PayPal currently, according to the Millennial Money survey released last week by Vested. Still working on that Venmo-killer app? Other “innovative” banking products (i.e.,

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Aussie Millennials Put The Pressure On Corporate Travel Managers

PYMNTS

There seems to be no shortage of ways the millennial workforce is disrupting the status quo. The same goes for corporate travel, with millennial professionals turning to mobile and virtual services to book travel, manage expenses and ensure a smooth business trip. Spend management can also get tangled, CAPA explained.