PYMNTS
APRIL 2, 2018
It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.
PYMNTS
MAY 22, 2018
Millennials are helping to shape expectations of transactions — and what they want is now. One sea change, as noted by Edwards, has come within lending, where firms like OnDeck and Kabbage have adopted and adapted to instant funds availability. The pair collaborated on the first push payment seen in the United States five years ago.
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William Mills
MAY 11, 2016
Customers can store all of their online profiles in one secure location to improve user experience. Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. BLEND stands for better lending. Walk through the purchase experience.
PYMNTS
JUNE 27, 2019
The installment lending playing field just got more interesting — and global — today (June 27). The goal is to create a consistent and ubiquitous user experience across the channels they shop by leveraging the credit and debit relationships already in place with their banks. Installment lending at the POS just isn’t available.
CB Insights
OCTOBER 10, 2017
Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). The 3 questions Level Money asks users the first time they use the app.
William Mills
SEPTEMBER 7, 2016
The network lets the user ask family and friends to HELP the user buy something. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. How can you preserve the digital user experience?
PYMNTS
DECEMBER 11, 2017
That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34.
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