PYMNTS

JUNE 19, 2020

For example, Monzo raised funds at a lower valuation level after recently announcing some layoffs. Ranchere said challenger banks’ target market of millennial consumers have simply amassed fewer assets than their baby boomer parents have, as younger customers are less likely to have investment accounts or own homes.

Digital Banking 142

Digital Banking Payments Tools Branding 142

PYMNTS

JANUARY 3, 2017

“There are so many levers to engage consumers” in rewards, said Wind, and whether it is tied specifically to a card or merchant, additional leverage can come through email marketing campaigns or percentage-off programs at retailers.

Retail 137

Retail UX Cards Branding 137

Celent Banking

OCTOBER 10, 2016

There’s still plenty of fragmentation in the market : Android is an open system utilizing Host Card Emulation (HCE), while Apple is a closed system using a secure element. Getting the marketing right is tough : Often, the mobile wallet really isn’t about the payment so much as the experience around the payment.

Mobile 100

Mobile Payments Apple Samsung 100

CB Insights

AUGUST 2, 2018

SoFi, for example, allows users to see all their assets and liabilities in one place, while Square uses vendor partnerships to offer credit card-like rewards for its debit card. For example, the Acorns Spend card has added 175,000 people to its wait list since the start of June. ux to help target existing clients.

Cards 71

Cards Fintech UX Strategy 71

CB Insights

JULY 11, 2019

Many of these companies have ambitious plans to expand into new products and markets in order to further grow and retain customers. Product engagement and maintaining a clean UX/UI. For example, they reduce the friction of having to show up physically to open an account.

Fintech 64

Fintech cryptocurrency Examples Cards 64

FICO

FEBRUARY 12, 2023

That said, customers have increasingly high standards and you only have a short amount of time to impress them (especially Millennials). Videos need to have lots of movement and good visual examples to keep your audience’s attention – and don’t be afraid to add some music! What can financial institutions learn from TikTok?

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

AUGUST 9, 2019

Then, there are Bridge Millennials. Bridge Millennials are a unique group of consumers, comprised of individuals between 30 and 40 years of age who exhibit cultural characteristics of both Generation X and Millennials. Among the Bridge Millennials in our study, 37.8 This suggests that those 33.7

Data 155

Data Millennials Google Apple 155