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Millennials Not Alone in Fleeing Big Banks

NCR

The 24-year-old consults with companies worldwide on how to reach the millennial audience. So last year, the New York resident left the big bank, setting up an account with Simple, an FDIC-insured direct bank based in Portland, Oregon, where he can do all of his banking online – without any monthly fees. “I

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking artificial intelligence (AI), the customer experience, enticing millennials, and change management are among subjects tackled in recent episodes. Of course, there are numerous other excellent banking podcasts available that are worth a listen. Other podcasts of note to check out.

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Mezu: What It Would Take To Replace Cash

PYMNTS

And, of course, there’s the sheer task of getting it to work in all those different cross-border environments. Brisker said most current apps are focused on the affluent millennial , but there is a gap where less privileged, working-class folks are not having their needs met by the tools that are available. From the Ground Up.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. What Millennials Want: The Future of Millennials in the Credit Union System. Coming of Age: Young Adults in 2015.

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