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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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How fraudsters target different generations

Independent Banker

Gen Z, the younger generation, has transitioned into the workforce and is primarily being targeted through social media messages and chatbots,” Fratangelo says. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

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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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Standard International Launches Recommendations App

PYMNTS

Described as “the first social travel agency,” Benny (from the phrase “friends with benefits”) would allow people to recommend rooms to friends at the best rate, while also earning a commission. “We Lalvani said most of the firm’s expansion will be in Asia , where 60 percent of the world’s millennials are based.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. He’s a high school senior who lives in suburban Chicago. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. By Ed Avis. Meet Jack Bauhs, your next customer.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. He’s a high school senior who lives in suburban Chicago. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. By Ed Avis. Meet Jack Bauhs, your next customer.

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Upscale UK Retailers Look To Land In US Market

PYMNTS

Florida, Chicago and Philadelphia are set. Weston said part of Primark’s success has come from social media, according to reports. It now has has 20 million followers across social platforms up from 13 million last year. with several more in site negotiation. Primark has opened nine stores in the U.S.

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