PYMNTS
MARCH 8, 2019
News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. PayPal Lending: Takes off in the U.K. , percent, compared to 11.9
PYMNTS
SEPTEMBER 11, 2019
As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds. The age of personalized service is upon us.
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PYMNTS
MARCH 9, 2020
That said, some banking-like providers appear to be closing the primary banking services gap, particularly regional banks and credit unions (CUs). Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. Seven percent (7.4) percent) or PayPal (3.2 The Generation Gap.
PYMNTS
JULY 31, 2017
That’s bad news for some of the largest FIs, despite a recent uptick in small business lending activity. Between top 50 global banks, regional banks and community banks, the top banks have the lowest satisfaction rating of 87 percent (compared with 90 percent for community banks and 93 percent for regional banks).
PYMNTS
JULY 25, 2017
And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). Lending-as-a-Service.
PYMNTS
JUNE 9, 2020
He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing. They acquire a lending product, and then a digital banking platform. If you look at the credit unions, it’s more transactional,” stated Chambers. Leveraging CU Assets.
Abrigo
OCTOBER 21, 2019
I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay. Vision Bank in Ada, Oklahoma, for example, is located in small towns with regional universities, so it banks a large college base, but the agricultural community also makes up a large portion of its client base.
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