Fintech Lending Millennials Study 
PYMNTS
SEPTEMBER 18, 2018
And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. The rise of FinTech offers a bit of a prism through which to view those events. As for lending to businesses, banks have still been a bit hesitant to lend to smaller firms.
BankBazaar
AUGUST 7, 2019
Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. Like we mentioned earlier, millennials in India were brought up within a system that frowned upon credit products. New to credit? What’s the current scenario like?
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Abrigo
JANUARY 13, 2020
Cross-selling to stem “hidden defections” represents huge untapped opportunities for institutions, according to a study by Bain. For example, the study found that in the U.S., A separate study by Bain & Co. Key Takeaways Cross-selling may be the most efficient way for your financial institution to achieve strong growth.
PYMNTS
JUNE 9, 2020
As the survey of more than 4,000 CU members, CU leaders and FinTech executives showed, 41.4 That ability has allowed challenger banks and FinTechs to grow their market share in personal lending by 760 percent over the past five years, while CUs have seen their total market share slip 30 percent in the space over the same period.
PYMNTS
MAY 23, 2017
The news itself is “neither cause of celebration or alarm,” according to NY Fed Research Officer and study co-author Donghoon Lee. Mortgage borrowers are also a very different group than they were nine years ago at the outset of the financial crisis — in part because of tougher lending standards mandated by federal regulators.
CB Insights
AUGUST 2, 2018
One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.
Gonzobanker
OCTOBER 5, 2022
A consumer study from S&P Global—which asked mobile banking users which mobile banking features might get them to switch banks—reveals the contradictory responses consumers often provide. More than a third of all Americans have more than one checking account, and among Millennials that percentage is nearing a half.
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