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Ally Financial Has Milennials to Thank for Its Impressive Retail Deposit Growth

Bank Innovation

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

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A new digital bank needs a new customer service experience

Insights on Business

Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials. If it doesn’t, negative news travels fast through millennial networks. Social-based marketing. Protection (Security).

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How Small Banks Can Counter Fintech & Megabank Marketing Budgets

The Financial Brand

Community institutions are losing share among Millennial and Gen Z segments. The post How Small Banks Can Counter Fintech & Megabank Marketing Budgets appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Analytics and first-party data can help reverse the trend.

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Demographic Diversity & the Persistence of Traditional Payments Among Digital Natives

Let's Talk Payments

But it’s remarkable how much we’ve gotten wrong about Millennials. Marketing strategies devised for Millennials by older generations have. They may be the most closely tracked generation in human history.

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Banking’s Hard Fork in the Post-Neobank Era

Gonzobanker

Three in 10 Gen Zers and Millennials now consider a digital bank or fintech to be their primary checking account provider, and I would bet that most of them have no clue where that provider’s headquarters is located (or care, for that matter). Strategy #1: Embedded Finance. Strategy #2: Embedded Fintech.

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Banking Must Think Beyond Millennials

The Financial Brand

The baby boomer segment has been ignored by fintech start-ups and many banks despite their significant needs and revenue potential.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Market Map: The Startups Disrupting Retail & Commercial Banking. We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts. Millennials.

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