Remove Digital Banking Remove Millennials Remove Regional Remove social media
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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. Can banks have it both ways? It has also meant working in anticipation of the changing needs of millennial users.

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Try to Catch Venmo in Person-to-Person Payments

American Banker

Though banks are bigger in peer-to-peer payments overall, Venmo is better at functionality and branding and millennials love it. Now banks are launching Zelle with high hopes and the advantage of real-time speed. Can they catch up? Should they even bother?

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Understanding the need to meet consumers where they are, many retailers have embraced chatbots as part of broader social media engagement strategies. Now, with much of the world imposing stay-at-home orders, more consumers have turned to digital alternatives for taking care of their finances, especially as most avoid physical branches.

Industry 101