Remove 2008 Remove Innovation Remove Millennials
article thumbnail

Millennial Investors Are Not Over the Financial Crisis

Bank Innovation

Think the financial world has finally recovered from the 2008 crisis? Millennial investor habits were most strongly affected, the survey of more than 15,000 global investors […]. Think again.

article thumbnail

Baby Boomers vs. Millennials: Which Generation Has More Entrepreneurs?

PYMNTS

One of the biggest hurdles to starting a new business, in addition to developing an innovative out-of-the-box idea, can be where and how to obtain funding. All of this could likely be contributing to today’s lack of entrepreneurs in the millennial age group. According to recent U.S. percent of Generation X and 8.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. 15, 2008 fall of Lehman, which filed for bankruptcy that day. Auto loans have mushroomed from $773 billion in 2008 to $1.2 trillion at the peak of the financial crisis.

Lending 148
article thumbnail

The Coming Millennial FinTech Crisis

PYMNTS

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact.

article thumbnail

JPMorgan Rolls Out Same-Day Deposits

PYMNTS

WePay was founded in 2008. JPMorgan’s strong Q2 performance can be credited to a growing millennial customer base and continued digital innovation. For example, Stripe charges 1.5 percent for instant payments. JPMorgan acquired Silicon Valley’s WePay in December 2017.

article thumbnail

Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130
article thumbnail

Today In Payments Around The World: India Pay-Later App Slice Debuts No-Fee Visa Card; Stripe To Buy African Payment Processor Paystack

PYMNTS

Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.