Banks must face up to the threat as millennials shift

Generation Y is the most educated, tech-savvy generation in the US and at 80 million strong, the Millennials as they are otherwise known, already has an impressive spending power of $200 billion. While this represents a potentially huge opportunity for financial institutions, the latest BBVA Compass Report warns banks that they will find this population [...]

The post Banks must face up to the threat as millennials shift appeared first on Payments Cards & Mobile.