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The banks' newest offerings hope to attract young clients and keep them there for life. But they face stiff competition.
November 7 -
Catering to young clients, Finn by Chase blends instant account access, emojis and PFM tools.
October 24 -
Millennials care about more than money. So it's important for recruiting efforts to show what bankers do for their communities.
October 10 -
A change in the formula that banks use to calculate borrowers’ debt-to-income ratios, announced by Fannie Mae in April, appears to be spurring more lending.
October 6 -
The millennial advisory board at Centric Financial is far from being symbolic. CEO Patricia Husic, who aims to be on the leading edge of engaging with millennials, is making decisions based on its recommendations.
September 25 -
The San Francisco bank has pulled in 10,000 new households with loan products geared toward young professionals.
September 21 -
The Detroit lender developed rotational training programs in auto finance, accounting and technology to help attract and keep promising employees, especially millennials, who had a tendency to bolt.
September 11 -
Petal is using machine learning in its new card program to make the most of the scant financial data available from young consumers.
September 8 -
After losing a bidding war to issue Costco Wholesale Corp.’s credit cards and failing to renew its partnership with JetBlue Airways Corp. in 2015, Amex has worked to increase spending on its existing co-brand arrangements
September 6 -
The largest generation of Americans is set to inherit over $59 trillion in assets, but the federal financial regulators are behind in hiring millennials and focusing on issues of concern to them.
August 31
Pickard, Djinis and Pisarri LLP -
The largest generation of Americans is set to inherit over $59 trillion in assets, but the federal financial regulators are behind in hiring millennials and focusing on issues of concern to them.
August 31
Pickard, Djinis and Pisarri LLP -
The uplifting story of another Virginia statue — this one honoring the first black female to charter a bank — is well-timed. Plus, JPMorgan Chase's O'Connor on laboring over Libor and U.S. Bank's Lawler on getting people to do the right thing.
August 24
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A study from Navy FCU reveals only a fraction of young adults say they engage in good financial behaviors – and that could be a big opportunity for credit unions.
August 23 -
At a time when many banks struggle to win over millennials, Ally Bank appears to be bringing them in: more than 60% of new customers are millennials. President Diane Morais explains how the bank is getting the attention of a younger generation. One popular product: debit controls.
August 8 -
The campaign comes in the light of recent research that shows the state to be one of the best for millennials.
July 31 -
A big part of the reason banks find it tricky to attract millennials is that not all millennials are attracted to the same thing.
July 26
PolicyGenius -
Cards, e-wallets and transfers are all necessary for merchants to attract younger consumers to recurring payments, writes Artem Tymoshenko, CEO of MaxPay.
July 13
Maxpay -
The New York-based company saw its fortunes fade after riding an earlier wave of investor enthusiasm about marketplace lending.
June 29 -
As young people mature, their financial and payment needs mature, as does their use of technology and other emerging innovation.
June 23 -
Millennials already comprise a growing part of the auto market, and they'll gain significant ground by the end of the decade. Is your credit union prepared?
June 22
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