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FTC: Millennials Report Losing $71M To eCommerce Fraud In Two Years

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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4 Ways to Reach Aging Consumers About COVID-19 and Vaccines

Perficient

In an article from NPR , Jeremy Novich, a clinical psychologist from New York City, said it best: ”You can’t have the vaccine distribution be a race between elderly people typing and younger people typing. Help caregivers help their loved ones access COVID-19 vaccinations.

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Millennials Impacted By Fraud More Than Older Consumers

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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Shoot and score: Tips for winning a new business valuation client

Abrigo

If your firm has a social media presence , make sure that it’s in line with your brand, as well as readily apparent on your website by linking to your company Twitter, LinkedIn or Facebook pages. Generation X and Millennials increasingly supplement their online research with social media searches.

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Deciphering Bank Customer Intent with AI in 4 Steps – Part 1

South State Correspondent

In this article, we show you the path to do this and some of our insights that you can use to improve bank profitability. We assume that every Boomer cannot handle technology, and every Millennial wants to get married late. If you dont read our articles and dont download this content, then chances are we dont want you as a customer.

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Matchmaking Millennials To The Experiences They Desire

PYMNTS

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently.

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5 Ways Credit Unions Should Engage with Millennial Members on Social Media

NCR

Perhaps the most important and impactful way credit unions can attract and retain millennial members is through social engagement. billion daily active users, these social platforms have the potential to be an outstanding marketing tool for a credit union. Social media wasn’t developed to be a silent one-way street.