Chris Skinner
APRIL 18, 2018
I talk to them about the fintech world of change and how millennials are reshaping banking, from Stripe, started by two … The post Digital banking? Some are visionary, many are committed and a large number understand that life is changing. Few understand how. Isn’t that just an app?
PYMNTS
MARCH 6, 2020
San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The digital banking field is fraught with competition. billion after recently closing a financing round.
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Bank Innovation
MAY 25, 2017
Millennials are in the driver’s seat of innovation. But a new study from FIS, released this week, suggests that millennials are not as unique as many think — at least in terms of financial service preferences. If you’re in fintech, you’ve probably heard that statement more than once.
Accenture: Banking
JULY 18, 2016
Just how digital are Millennials? Retail banks are asking this question to tailor banking customer experiences to a digital savvy generation with growing earning power. While Millennials are digital banking devotees, banks should not assume that’s all they’re about. Read more.
PYMNTS
SEPTEMBER 11, 2019
The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.
PYMNTS
NOVEMBER 2, 2020
To move toward retirement, and to have the money in place to get there, millennials need to make the leap from bare bones banking — checking and savings — into investing. Statistics, he said, show that three out of five millennials don’t invest at all, opting instead to stay on the sidelines.
PYMNTS
JUNE 28, 2019
As found by the Digital Banking Tracker , the younger generation is apt to use apps, especially when it comes to navigating accounts. Data: 31 percent: Share of consumers who use mobile banking apps more often than other apps. 16 percent: Estimated CAGR of the global digital banking market through 2024.
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