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This Week’s Reads: Credit Unions, Digital Account Opening, Mobile Payments

Banking 2020

8 astonishing facts bankers should know about millennials: Did you know that recent data shows that 52% of millennials prefer non-traditional payments ? Six strategies to attract young members: With the average age of credit union members being consumers in their mid-to-late 40s, credit unions are missing a major market –millennials.

Mobile 40
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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. Apple, Google, and Samsung began adding virtual wallets to their mobile products as early as 2014. Contactless payments. Source: CNN Business.

Industry 101