Social finance app Frich launches in the US
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
AI & ML can help produce the right messaging across all channels and improve conversions with every interaction.
Millennials (25-39 years old) and adult Gen Z-ers (18-24) represent over $3 trillion in spend.
People aged 20-30 happier to report scams than those over 40.
People at all levels should be given the opportunity and tools to understand themselves at their best.
Who the hell are these millennials who need help saving $50 per month?
Sainsbury’s Bank examines the financial habits of different generations.
While we know that robo-advice is here to stay, who is actually using it?
Student loan repayment platform Tuition.io has landed a major client in the US, Estée Lauder.
For the millennial generation, paying for a latte using a contactless card, transferring money to a family member or friend online or buying a pair of trainers with “one click” has become the norm. This generation has not only shaped and driven the payments revolution, but is also playing an active role in developing a lot of the payment technologies emerging today.
If you’re trying to cater to millennials, you need to understand how they think and feel about money.
People often need financial advice that’s best suited to meet their needs, which differ from one generation to another. You cannot expect millennials to consume the same financial advice as baby boomers. Times have changed, so financial institutions and experts also need to change their approaches to cater for the needs of a much younger clientele that’s distrustful of not only the government, but also financial institutions.
Prepaid issuers should look to certain banked consumers, P2P and mobile wallet users to gain top-of-wallet status with a whole new set of customers.
Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Claire Calmejane, director of innovation at Lloyds Banking Group, presents “Digital Zero to Hero: Myth Debunking”. (This is part of a series […]
P2P payments are proving a big hit with younger consumers.