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SoFi’s Trading Volume Surges, User Base Nearly Triples

PYMNTS

The idea here was to give millennials and Gen Z, our target audience, access to a diversified portfolio of new economy companies and gig economy companies,” Noto said. The news comes as Samsung Electronics America, Inc. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

The increase during what has been a volatile time for financial markets tells a “tale of two cities,” he told the network on Wednesday (May 27), as COVID-19 has wreaked economic havoc in addition to its health toll. There are some people that absolutely need to repair their financial lives, and they need to borrow to do so,” Noto said.

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?? Generations X and Y’s “Culture of Convenience” driving financial institutions toward “mobile-first” omnichannel structures

Banking 2020

This affinity for technology has created a culture of convenience, so it’s no surprise that mobile payments are increasing in popularity. Millennials, in particular, are embracing mobile payments with open arms: 44% of Millennials would rather use their mobile phones than cash to pay for smaller ticket items. About the author.

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