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New Challenger Bank Bets Millennials Want the Bank Branch

Bank Innovation

based iam bank, will launch later this year with both prime digital tools—mobile offerings, machine learning algorithms, and chatbots—as well as with real, touchable bank branches, specifically tailored to appeal to the millennial consumer base. […]. The newcomer, U.K.-based

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Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit

PYMNTS

It has been suggested that millennials are averse to having and using credit cards. Millennials are in fact as likely as other generations to have credit cards, with nearly nine out of 10 having at least one card, according to PYMNTS’ latest research. percent of bridge millennials have used BNPL, close to double the average.

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AI-Powered Visual Shopping Experiences For Millennials, Gen Z

PYMNTS

Retailers looking to engage tech-savvy millennials and Gen Z consumers are quickly doubling down on their efforts to offer more visual content and enhance the discoverability of their products and services. A survey conducted last year found that 62 percent of millennials prefer visual search over other search methods.

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Apple Says Generative AI Isn’t Good at Math: What It Means to Banks and Credit Unions

Gonzobanker

GenAI tools can do amazing things. A survey from the Motley Fool revealed some surprising—and, frankly, hard to believe—statistics about Americans’ use of the generative AI tool ChatGPT for financial advice. from millennials and 3.9 Doling out financial advice and guidance isn’t one of them. ranging from 3.6 from Gen Xers.

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5 Considerations When Seeking a Financial Advisor

Perficient

However, those not in the wealthy or close to retirement-age categories – i.e., Gen Z-ers, millennials, and low to mid-income individuals – could greatly benefit from a financial advisor’s assistance, and financial advisors can stand to profit by diversifying their business books, as well. population. Research your options.

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Trucking Payments Tools That Are In It For The Long Haul

PYMNTS

The company uses automation tools to accelerate claims processing. It is often too risky for drivers to carry large amounts of cash, but other payment tools can be problematic as well. In this month’s Feature Story, the three gave PYMNTS an inside look at the financial tools and strategies that make trucking more seamless.

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Deep Dive: Travel, Hospitality Get A Millennial Makeover

PYMNTS

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4