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As AI and automation become more deeply entrenched in the banking organisation, it will be the responsibility of the human workforce to compound value through critical thinking, collaboration, creativity, and... more

The post 9 trends reshaping banking in 2020: #4 The bank of the millennial appeared first on Payments Cards & Mobile.

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Daily News, E-Money, financial services for millenials, FinTech, Issuing & Acquiring, Millenials, millenials and financial services, Mobile Banking, Mobile Payments, Mobile Wallet -

There is a very good new report on financial services for millenials from Telstra Global Enterprise Services titled Millennials, Mobiles and Money – The Forces Reinventing Financial Services which makes facinating reading. Rocky Scopelliti, global financial services industry executive at Telstra argues in the report that Millennials – born between the early 1980s and early [...]

The post Mobiles and money: reinventing financial services for Millennials appeared first on Payments Cards & Mobile.

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credit cards, Daily News, Issuing & Acquiring, Millenials, US credit card market -

Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, when the Fed began collecting data in a standardized way, according to an analysis by The New York Times. Some older Americans have also been shedding credit card debt [...]

The post Millennials in the US ditching credit cards appeared first on Payments Cards & Mobile.

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