Tag : financial anxiety

Vera Launches as the AI Friend Who Won’t Side-Eye Your Spending
Artificial Intelligence Fintech News

Vera Launches as the AI Friend Who Won’t Side-Eye Your Spending

GlobeNewswire
Vera is the first emotional AI banking companion transforming our relationship with money The numbers are revealing a crisis: Nearly 70 percent of Americans suffer from financial anxiety while 43 percent of Gen Z report experiencing “money dysmorphia.” In an era of constant digital comparison and economic uncertainty, our relationship with money has become as......
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
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......
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