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Tagged: Millennials’ Toggle Comment Threads | Keyboard Shortcuts

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  user 12:18 am on July 29, 2018 Permalink | Reply
  Tags: 2030 ( 2 ), Here’s ( 10 ), Millennials’, robo ( 81 ), Roboadvisors ( 6 ), They ( 14 ), Trillion ( 5 ), want ( 23 ), wealth ( 20 )   

  By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors 

  Millennials are expected to have $ 20 #trillion in #wealth by #2030, according to a July 2018 CB Insights study. Marketing investment options and #robo-advisors to this mobile-centric group will require a specific strategy. Currently, millennials’ combined financial assets come up to $ 4.5 trillion in wealth. Factoring in for organic savings growth, market “impact,” and wealth […]
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  user 9:52 pm on June 29, 2018 Permalink | Reply
  Tags: Aims ( 6 ), Chase ( 35 ), Finn ( 4 ), Friendly, Management ( 37 ), Millennials’, Money ( 46 ), technology ( 921 )   

  Chase Finn Aims To Make Money Management Friendly For Millennials 

  #Chase has designed a bank account for millennials, a debit card linked to a mobile phone that bypasses paper and bank branches.
  Financial Technology

   
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  user 12:18 pm on March 28, 2018 Permalink | Reply
  Tags: ‘Godfather, Appeal ( 2 ), fintech ( 1,103 ), Millennials’, MoneyLion’s ( 2 ), Says ( 91 ), Simplicity ( 5 )   

  PFM MoneyLion’s Appeal to Millennials, Gen Z Is Simplicity, Says ‘Godfather of Fintech’ 

  EXCLUSIVE—What’s behind the growth of personal finance management platform MoneyLion? A focus on #simplicity and UX design that intimately appeals to younger users such as millennials and Gen Z users, #fintech investor Ron Suber told Bank Innovation. Suber, who currently serves as the president emeritus of the Prosper marketplace, just became a strategic advisor to …Read More
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  user 12:18 pm on February 20, 2018 Permalink | Reply
  Tags: Alternative ( 17 ), lenders ( 19 ), Millennials’, Ones, online ( 35 ), Owners ( 3 ), Prefer ( 5 ), Tradtional   

  Millennials SME Owners Prefer Online Alternative Lenders to Tradtional Ones 

  #Online #alternative #lenders are gaining momentum with U.S. small businesses, specifically and unsurprisingly with those run by millennials, according to a new report by Mercator Advisory Group. According to Mercator’s report, Business Banking Services: Keeping Up with Millennial #Owners, 27% of total U.S. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […]
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  user 12:18 pm on February 13, 2018 Permalink | Reply
  Tags: Apps ( 23 ), banking ( 225 ), Generations, Millennials’, More ( 56 ), Than ( 25 )   

  Millennials Have More Banking Apps than Other Generations 

  Mobile #banking has officially gone mainstream: 55% of U.S. adults have at least one full-service banking app on their phones now, according to a study conducted by BankRate. Additionally, those consumers with bank #apps are active users, with 70% stating that they use their app at least once a week, the survey of 1,156 adults […]
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  user 12:18 am on December 21, 2017 Permalink | Reply
  Tags: Grab ( 4 ), Hoping ( 2 ), Indian ( 6 ), insurance ( 46 ), Micro, Millennials’, Startup ( 74 ), Toffee   

  Indian Startup Toffee is Hoping to Grab Millennials With Micro Insurance 

  EXCLUSIVE— Less is more is not often a philosophy that’s applied to #insurance, at least not in the United States. When it comes to India things might be different. That’s why insurtech #startup #Toffee is offering consumers in the country more tailored, “bite-sized” products, rather than less flexible, more traditional insurance plans. “Six to seven […]
  Bank Innovation

   
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  user 5:53 pm on December 7, 2017 Permalink | Reply
  Tags: Advice ( 9 ), banks ( 784 ), Info ( 3 ), Millennials’, Personal ( 14 ), Ready ( 20 ), Share ( 3 ), Smart ( 29 ), technology ( 921 )   

  Millennials Ready To Share Personal Info With Banks For Smart Advice 

  Millennials are #ready to #share extensive data with #banks, but most banks aren’t prepared to use it.
  Financial Technology

   
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  user 12:18 am on September 2, 2017 Permalink | Reply
  Tags: Amex ( 7 ), banks ( 784 ), DebitLike, Entice ( 2 ), Features’ ( 13 ), Millennials’, Seek ( 8 )   

  New Amex Debit-Like Features Seek to Entice Millennials 

  EXCLUSIVE—With the new “Pay It, Plan It” features announced this week, credit provider American Express is banking on a more debit-like functionality to gain customers. But will that approach work? While #Amex remains at the top of the credit stack in terms of payment volume, its market share has been declining as #banks like Chase and […]
  Bank Innovation

   
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  user 12:18 am on July 13, 2017 Permalink | Reply
  Tags: Every ( 3 ), Millennials’, Money ( 46 ), month ( 10 ), NonPrime ( 2 )   

  40% of Non-Prime Millennials Run Out of Money Every Other Month 

  Life as a non-prime millennial consumer means more debt and less financial confidence, with the majority of these consumers living paycheck to paycheck. Nearly 60% (58%) of non-prime millennials live from one paycheck to the next, according to the Millennials’ Day-to-day Finances: The Non-Prime Experience released today by Elevate’s Center for the New Middle Class. […]
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  user 9:33 pm on May 14, 2017 Permalink | Reply
  Tags: CardBranded, Don’t ( 16 ), Like ( 7 ), Millennials’, mobile ( 112 ), Still ( 36 ), wallets ( 16 )   

  Millennials (Still) Don’t Like Card-Branded Mobile Wallets 

  Millennial consumers #still prefer third-party money transfer systems, such as PayPal, over card-branded (e.g. Visa Checkout) or device-specific (e.g. Android Pay) #mobile #wallets. More than half (52%) of millennial consumers (ages 23 to 37) said they use third-party money transfer systems, compared to only 29% who use card-branded digital wallets, and 22% that use device-specific wallets, […]
  Bank Innovation