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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.

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Adventure Travel And Beyond — Summer Vacation’s New Norm

PYMNTS

It’s a win-win situation for everyone,” Sarah Gilliland, whose parents took her twins away on a trip to a national park, told Boomer Magazine. Millennials and The Magic of Mircocations. And gramping, according to both Expedia and Virtuoso, is on the rise. Good news — something better than staycations.

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How Mobile Wallets Could Bring Security To Shoppers

PYMNTS

According to the PYMNTS Paying at the Pump Report , “Mobile apps are proving to be effective at encouraging consumers to visit a station’s C-store to buy items like soda, snacks, magazines and cigarettes.” Approximately the same share – 18 percent – shop at stores that have a self-managed mobile app or scanning option for checkout.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

Interestingly, Entrepreneur Magazine reported that while millennials and Gen Z clearly crave some remote work, they also report higher burnout due to the lack of social contact in remote work. The truth is over time too much virtual can fray the fabric of the culture.

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Sephora’s High-Tech, Social Justice Case For Cosmetics

PYMNTS

Millennials love giving their dollars to brands they know support similar causes as them, but convincing them of kindred motivations has gotten more difficult, Sanjay Sood, professor of marketing at UCLA’s Anderson School of Management, told UCLA Magazine. “In

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A Step Ahead

Independent Banker

If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use. Independent Banker® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. 2016 IB Social Media Leaders. Everything in one place.

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How About Profits in the Branch of the Future?

Jeff For Banks

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Imagine holding branch managers accountable for increasing deposit and loan spreads, and generating direct pre-tax profits. mBank’s light branch depicted above is located in a mall.