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How fraudsters target different generations

Independent Banker

Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”. Fraudsters tend to target baby boomers via robocalls about healthcare, taxes or Social Security, but they aren’t immune to social scams. Rehman Khan, Travelers.

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Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change

PYMNTS

But nowadays, “every decision that we make — ‘Should I go to the grocery store or should I order my groceries online and then pick them up from the curb? Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. Should I send my kids to school or not? And that is where a lot of stress is created.”.

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Where To Get That Insurance Policy – Online Or Offline?

BankBazaar

Whenever you want to buy an insurance plan, the first thing that comes to your mind is whether you should contact an insurance agent or buy it online, huh? This online facility not only helps customers compare and choose the best insurance product that suits their needs but also lets them buy the same at a lower premium.

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For Gig Workers and Entrepreneurs, Business Banking Done Digitally

PYMNTS

In an interview with PYMNTs, Steve Taklalsingh, Amaiz managing director & CFO, said that entrepreneurs are increasingly interested in a mobile-first option for banking as millennials and Gen Zers have grown up with the internet as a major part of their lives. the government has an initiative in place to make tax collection digital.

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Banking for Generation Z – what FIs must do differently

NCR

Banks have spent a lot of time in the last few years trying to attract the attention of affluent millennial consumers – those born between the early 80s and mid-90s, who are currently an immensely attractive segment for financial institutions. Don’t mix them up with millennials. Putting technology first.

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How community banks can help young homebuyers

Independent Banker

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. By Beth Mattson-Teig.

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It’s Time to Put the Dragon to the Test

Filene

Debt Dragon is a simple tool, an online interface that encourages users to think about the true cost, making them reflect on the reality of tens of thousands of dollars in debt and what they can do to offset the expense before, during and after college. Debt Dragon helps engage millennials and educate them without being preachy.