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Mastercard Opens ‘Assemble,’ New Money Management Platform for Millennials

Bank Innovation

Global payments technology company Mastercard is opening a new platform aimed at the financial management needs of the millennial generation, the company announced today.

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The war for talent: Managing millennials

Bank Innovation

Anyone who’s spent a frustrating afternoon explaining Facebook privacy settings to their parents can tell you that millennials are naturally good at technology.

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Millennials Will Lead The Voice Commerce Revolution

PYMNTS

And to help manage their commerce command systems, consumers are increasingly turning to voice assistants to act as their in-house concierges. That’s especially true for bridge millennials, those 32- to 42-year-olds, entering the prime time of their spending years. Why The Surge In Popularity? Some of the reason is purely demographic.

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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management. The same goes for higher-growth, well-managed companies. This equates to a 63% risk-adjusted return.

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Robo-Advising on the Rise Among Full-Service Millennials

Bank Innovation

One fourth of full-service millennial investors have either tried, or are actively using, a robo-advisory platform, according to a new study by J.D. The study suggests that millennials have now accumulated enough wealth to be in the “sweet spot” for engaging a wealth manager.

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How Pilot Is Innovating Corporate Taxes For Millennial-Run Businesses

PYMNTS

Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

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Wells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients

PYMNTS

Existing Greenhouse by Wells Fargo customers can continue to manage their finances through the Greenhouse app.”. Millennial-Banking Apps Are Struggling. If there isn’t, look for more banks to discontinue their millennial-focused apps. Wells Fargo did not provide further details. For instance, J.P.