Search Results for: Millennials bank

Over 70% of Millennials Ready to Switch Banks for Better Savings APY, M1 Survey Finds
Finance Investment Services News

Over 70% of Millennials Ready to Switch Banks for Better Savings APY, M1 Survey Finds

Fintech News Desk
by Fintech News Desk0
Only half of US Millennials think their primary financial institution will help them meet their financial goals next year Amid continued inflation and market volatility, a new survey from personal banking and investment platform M1 of over 1,000 US Millennials finds that 71% would consider changing their primary bank or other financial......
More Than Half of Millennials Happy to Opt for Digital-Only Banks
Banking Digital Mobile Banking News

More Than Half of Millennials Happy to Opt for Digital-Only Banks

Fintech News Desk
by Fintech News Desk0
More than half of millennials are happy to switch to or already have a digital-only bank, according to a new poll from deVere Group The results from a deVere Group global poll of 550+ clients born between 1980 and 1996 show that 59% of those surveyed already only ever use......
COVID-19 Hammers Corporate Outlook While Catalyzing Technology Expansion, According to TD Bank and Strategic Treasurer Annual Survey
Banking Fintech News

COVID-19 Leaves Most Millennials Strapped for Cash, TD Bank Survey Finds

Fintech News Desk
by Fintech News Desk0
 TD Bank, America’s Most Convenient Bank, announced that more than a third of millennials report COVID-19 has negatively impacted their checking account balance, according to the results of the latest TD Money Matters Survey. Read More: Doxim Announces Omnichannel Loan Origination and Account Opening in Partnership with Mobetize The survey,......
Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials
Fintech Funding News

Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials

Fintech News Desk
by Fintech News Desk0
Funding will be used to fuel growth and product innovation as Empower reimagines consumer banking for today’s generation Empower, a high-growth mobile banking app in the US challenger bank category, announced $20 million in Series A funding. The financing included participation from new investors Icon Ventures, Defy Ventures, and David Velez, Founder and......
Study Finds Most Consumers View Bank Marketing as Impersonal and Unengaging
Banking Fintech News

Study Finds Most Consumers View Bank Marketing as Impersonal and Unengaging

PR Newswire
by PR Newswire0
Motivation AI Company Persado Reveals 45% of Consumers Would Switch Banks For More Personalized Experiences A new study reveals banks are not meeting the personalization expectations of U.S. consumers, with 45% of consumers surveyed saying they would consider switching banks for one that delivers more personalized digital experiences. Conducted by Researchscape and commissioned......
New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff
Finance Fintech News

New FIS Research Shows Consumers Leaning on Social Media for Financial Advice, Giving Banks an Opportunity to Avoid a Generational Trust Cliff

Business Wire
by Business Wire0
New survey reveals significant shift in relationship between younger generations and traditional financial institutions as trust in financial advice from social media grows. According to the survey, social media has become the primary source of financial advice for younger generations, which can promote unrealistic comparisons and financial insecurity. FIS, a......
Embracing The Future Of Finance, Global Neobanking Market Is Redefining Banking With Seamless Digital Experiences And Innovative Solutions For All; states TNR, The Niche Research
Banking Fintech News

Embracing The Future Of Finance, Global Neobanking Market Is Redefining Banking With Seamless Digital Experiences And Innovative Solutions For All; states TNR, The Niche Research

GlobeNewswire
by GlobeNewswire0
Rising Demand for Convenient and Accessible Digital Banking Solutions Among Consumers is a Key Growth Driver for the Global Neobanking Market Neobanking refers to digital-only banking services that operate without physical branches, offering financial products and services through online platforms and mobile applications. These banks, often referred to as “challenger banks,”......
i2c Inc. and PYMNTS Survey Reveals Consumer Expectations for How Banks Respond to Credit Card Fraud
Finance Fintech News Security

i2c Inc. and PYMNTS Survey Reveals Consumer Expectations for How Banks Respond to Credit Card Fraud

Business Wire
by Business Wire0
Nearly one-third of consumers experienced fraud in the last year, demanding proactive measures from banks i2c Inc., a global provider of highly configurable banking and payment solutions, has released a new survey highlighting critical insights into consumers’ experiences and expectations regarding credit card fraud. The survey, conducted in collaboration with......
MX Survey Says Bad Mobile Banking Experience Could Make Consumers Look Elsewhere
Banking Finance Fintech News

MX Survey Says Bad Mobile Banking Experience Could Make Consumers Look Elsewhere

GlobeNewswire
by GlobeNewswire0
New survey shows majority of consumers (57%) unlikely to have an account with financial providers that offer a bad mobile experience MX Technologies, Inc., a leader in actionable intelligence for consumers and the financial providers that serve them, shares its latest survey findings, which reveal mobile banking can make or......
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