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How fraudsters target different generations

Independent Banker

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Gen Z, the younger generation, has transitioned into the workforce and is primarily being targeted through social media messages and chatbots,” Fratangelo says.

Fraud 133
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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively. Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely. Social media for member engagement. Social media for customer service.

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Mobile Cards Key To Winning Bank Accounts

PYMNTS

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. We’ve all gotten used to the smartphone remarkably quickly.

Mobile 153
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Millennials in Motion

NCR

More worrisome are the kids who can’t remember a time before social media. And it has to do with the dreaded ‘m’ word: Millennials. When it comes to millennials, however, it’s very different. According to Gallup’s most recent report , barely 25% of all millennials feel an emotional attachment to a brand.

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Fighting Financial Awkwardness With Faster Payments?

PYMNTS

Consumers want what they want, when they want it, and digital technology in recent years has more than facilitated it. The peer-to-peer mobile payment service offers a social media element aimed at making the exchange of money more fun for both sides of the transaction.

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HSBC Expands PayMe To Businesses With Beta Test

PYMNTS

They can now accept payments from customers that use HSBC’s eWallet. In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in. Since its launch, HSBC said it has close to 1.5 million users for the eWallet, according to the report.

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What The Trendsetters Say About How We Will Pay Next Decade

PYMNTS

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. consumers shop and pay — today and in the future.