Bank Innovation

AUGUST 30, 2016

Despite the ongoing efforts of banks to attract millennials, they are still failing to make an impression. According to Gallup, only 23% of millennials are actively engaged with their bank, making millennials the least engaged generation.

Millennials 218

Millennials Online Technology Fintech 218

Bank Innovation

NOVEMBER 2, 2017

EXCLUSIVE–Are fintech lenders really more risky, more desperate for customers, and more appealing to millennials? As a credit reporting agency, TransUnion has a wealth of data on lenders, including fintechs, and put these rumors to the test with its newstudy, Fact or Fiction: Are Fintechs Different from Other Lenders?

Fintech 218

Fintech Millennials Innovation Data 218

Bank Innovation

SEPTEMBER 12, 2017

EXCLUSIVE – Millennials are famously credit-averse, but this means they risk losing out on building a credit history, which is necessary for, among many other things, getting a mortgage when they want to buy a home.

Millennials 277

Millennials Cards Online Innovation 277

Abrigo

AUGUST 1, 2016

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

Millennials 150

Millennials Survey Risk Management Groups 150

Bank Innovation

SEPTEMBER 8, 2016

For fintech, millennial consumers are–let’s go with challenging–according to the huge quantities of rigorous data collected on them.

Millennials 150

Millennials Maine Fintech Data 150

PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

MAY 15, 2018

In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain customers. It’s not just online experiences that are getting upgrades. Embracing Tech Change to Win Over Millennials.

Millennials 110

Millennials Innovation Report Mobile 110

PYMNTS

MARCH 1, 2018

Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. About the Tracker.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In Denmark, to offer up another example, the FinTech firm known as Nordic API Gateway, which offers the money app Spiir, said earlier this month that it received a payment initiation service provider (PSIP) license.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

Bank Innovation

AUGUST 10, 2016

It’s not just millennial customers banks are adjusting to today — it’s millennial employees.

Millennials 150

Millennials Strategy Technology Online 150

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories.

Millennials 73

Millennials Fintech Tools Fraud 73

BankNXT

JUNE 22, 2017

Fintech-sponsored slacktivism is shaping up to be the next evolution of digital activism, says Jessica Ellerm. Fintech-sponsored slacktivism – the ultimate Archimedes’ Lever for millennials? on BankNXT.

Millennials 56

Millennials Fintech Trends Online 56

PYMNTS

DECEMBER 19, 2019

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, TechCrunch reported on Thursday (Dec. The startup also partners with just about every online payments processor — Razorpay, BillDesk, Cashfree, CCAvenue, and PayU.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

OCTOBER 16, 2020

Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. Data: London FinTechs Netted $3.6B

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

MAY 23, 2019

Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. Yet, if one looks at FinTech innovators in the field, there are ways to work through that, and break up the process of onboarding to smooth the flow dramatically.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

OCTOBER 22, 2020

The mobile device has become the primary instrument of communication, agreed panelists, and increasingly users — especially younger consumers in the Millennial demographic — will use those devices to conduct daily financial life. That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers.

Fintech 169

Fintech Capital Innovation Data 169

PYMNTS

FEBRUARY 12, 2019

Any number of “faster” rails are coming online through the next several months. For the connected consumer , connected commerce will be 100 percent digital , especially as the bridge millennials wield spending power across the next several decades. 2,225: The amount bridge millennials spend, on average, on annual retail purchases.

Millennials 154

Millennials Payments Retail Lending 154

Bank Innovation

JUNE 30, 2017

Millennials out there are often caught between two big decisions: do they buy a home, or do they keep buying sweet, delicious avocado toast? Luckily for the potential millennial homebuyer, fintech lender SoFi has found a way to merge these two completely exclusive purchases: a SoFi mortgage now comes with avocado toast.

Millennials 240

Millennials Fintech Lending Online 240

PYMNTS

NOVEMBER 21, 2017

readies for both PSD2 and Open Banking reforms to take effect, Nesta , an organization aimed at promoting innovation across a range of industries, set up the Open Up Challenge , a way for FinTechs to present their solutions for the SMB banking industry. As the U.K. A separate survey conducted by U.K. ’” said Gorst.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

JUNE 24, 2019

The region is also the home to more than 213 million millennials. Together, Visa and Razer FinTech have the opportunity to transform the payments experience for not only the gaming community, but many of Southeast Asia’s unbanked and underserved consumers as well,” said Chris Clark, Visa’s regional president for Asia Pacific.

Company 100

Company Online San Francisco Payments 100

PYMNTS

APRIL 16, 2019

Mastercard has moved into point-of-sale financing with the acquisition of Vyze, a FinTech firm the payment card network calls an “an end-to-end platform that facilitates financing options for merchants’ customers at checkout.”. As well, Bankrate has estimated that roughly 33 percent of millennials have cards.

Millennials 188

Millennials Cards Maine Retail 188

Bobsguide

AUGUST 21, 2018

“Fintech companies are on a mission to make financial services and products accessible to everybody,” according to Michelle Pearce, CIO and co-founder of Wealthify, the online investment service. Firms such as Wealthify can embrace Open Banking, and give everyone “the chance to.

Millennials 79

Millennials Data Fintech Online 79

Bank Innovation

AUGUST 23, 2017

EXCLUSIVE – Add another financial wellness app to the list, millennials. Douugh, a fintech company that uses artificial intelligence (AI)-based to provide financial guidance, launches today. The AI-based platform is guided by Sophie, a 24/7 personal assistant for finances.

Marketing 230

Marketing Millennials Innovation Fintech 230

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Whereas FinTechs are undoubtedly newer and faster – risen from the digital age to put banks out of business – they aren’t always able to take deposits or keep some of those associated warranties. Usually, it is more of an all-out war story.

Fintech 198

Fintech System Lending Cards 198

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

Chris Skinner

JUNE 25, 2017

He had found a nice little FinTech start-up with a really neat Open API capability which could … How does a financial curator make money? Jeff is an actor and comedian, … Who needs millennials? I have had many, many conversations about reaching the millennial customer. We need to be attractive to millennials?

Millennials 164

Millennials ATM Maine Fintech 164

PYMNTS

NOVEMBER 19, 2020

Forty-six percent prefer shopping online. In addition, 30 percent of shoppers, including 39 percent of Generation Z and millennials surveyed, would find a BNPL installment pay option a boost this year, according to the report. With this year's investments, Klarna was propelled to be the continent's highest-valued private FinTech.

US 186

US Millennials Branding Retail 186

BankNXT

NOVEMBER 8, 2016

Julien Brault on how to help millennials invest their money on BankNXT. Phil Siarri talks to Julien Brault, founder and CEO of Hardbacon, about how the business got started and how it may save investors from getting screwed!

Millennials 105

Millennials How To Online Fintech 105

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

Survey 183

Survey Cards Millennials ATM 183

Payments Source

MAY 14, 2018

If an organization can’t evolve to create the level of customer experience expected, someone else will, writes Jay King, president of financial services for Alorica.

Millennials 74

Millennials Customer Experience Fintech Payments 74

TheGuardian

SEPTEMBER 18, 2021

Fintech firms are jostling to offer millennials interest-free payment plans as they shop online. Labelled by some as “the future of millennial finance”, it has gained a foothold among the under-30s and those with tight finances, who have welcomed the ability to delay payment for goods, typically without interest.

Millennials 75

Millennials Course Lending Fintech 75

PYMNTS

APRIL 22, 2016

And that could be good news for FinTech firms or, rather, the folks who start them up and steer them into the arms of large-pocketed suitors. FinTech companies have been doing a good job of eating into banks’ turf, and yet it is the banks that are seemingly watching without really acting as quickly as they might or should.

Fintech 100

Fintech Survey Trends Strategy 100

Let's Talk Payments

JANUARY 16, 2017

A new infographic by Gray Owl Network shows that millennials boosted mobile payment use in 2016: 1. Most consumers and nearly all millennials are using their phones to shop online.

Millennials 40

Millennials Mobile Payments Online 40

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

OCTOBER 17, 2019

Lemon Way’s target market is booming: B2C, B2B and financial online marketplaces are emerging all over Europe and are expected to continue their strong growth trajectory,” added George Koulouris, partner at Toscafund. that caters to millennials. This is the London-based Toscafund’s first private equity investment in France.

Fintech 100

Fintech Capital Millennials US 100