Bank Innovation
SEPTEMBER 11, 2019
In a sea of sameness among digital-only banks, Varo is taking a bold move in pulling the plug on a feature that millennials supposedly hold dear: goals-based savings envelopes. ” […].
PYMNTS
FEBRUARY 14, 2020
This year, they expect more customer experience improvements, a boost from the Golden State and an effort to keep a new generation of wine connoisseurs engaged. Millennial purchases grew 36 percent in 2019, which Bergsund sees as the key to what he calls the next generation of wine drinkers. She gets a raise,” said Bergsund.
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PYMNTS
JUNE 21, 2018
The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. This generation values experiences, not just tangible goods. In terms of customer experiences, Alexander doesn’t think that customers are looking to “traverse huge amounts of space.”
NCR
MAY 9, 2017
The 2016 Millennial Money Mindset Report, released by iQuantifi earlier this year, reported that nearly 42 percent of millennials want to manage their banking relationship exclusively online. Millennials do not want to go to a bank branch,” said Silicon Valley Bank head of payments services Eduardo Vergara.
PYMNTS
MAY 13, 2016
Leena Munjal, senior vice president of customer experience and integrated retail at Sears, told the outlet: “Obviously, we want to move the needle. As for the potential for expanding the format to other states and cities in the U.S., This is very much a quick, scalable model.”.
PYMNTS
FEBRUARY 27, 2018
In this imaginary coffee shop — let’s call it Mooncheddar — there are tables and chairs, a service counter staffed by hip, young millennials with half-shaved heads, delicious and ethically sourced coffees, pastries baked in-house, free WiFi and even mobile ordering. That can be disruptive to paying customers’ experiences, she said.
Fintech Labs Insights
JUNE 22, 2015
Having established itself as a goal-saving solution for millennials with its SmartyPig solution, Social Money is now gearing up for the next generation with its new partnership with educational lender , Sallie Mae. “CorePro makes it easy to provide an account to customers and not affect the business model.”
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