Fintech Industry Millennials User Experience 
PYMNTS
SEPTEMBER 15, 2020
That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers. Kikkeri said that’s why FIs must consider how to leverage their FinTech partnerships and push to market the digital services that customers have become habituated to in the past six months.
PYMNTS
MARCH 17, 2020
Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.
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Insights on Business
JUNE 14, 2017
The worldwide banking industry experienced profound challenges during the Great Recession of 2008-2009. Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); Millennials are a fastidious breed. All is not doom and gloom.
CB Insights
DECEMBER 15, 2020
Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike.
PYMNTS
APRIL 2, 2018
The entrance of non-bank FinTechs and alternative lenders, too, is adding new pressures on traditional FIs to up their digital games. Most said they were merely at the beginning or medial stages of their digital transformation processes, and that offering end users a streamlined experience was FIs’ top struggle.
Insights on Business
APRIL 28, 2017
Traditionally, banking was a conservative industry with relatively high barriers to entry. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry. Today, bankers’ hours are much more customer oriented. For more information on digital banking, go to: [link].
PYMNTS
JULY 18, 2019
That being said, as an industry, the financial services space recognizes the need for innovation, where as many as 68 percent of banks of all sizes plan to make innovation a priority in the years ahead. As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. An Analogy.
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