How Generation Z Is Changing Financial Services
Move over, millennials. The next rising generation is here.
Move over, millennials. The next rising generation is here.
Charlie Schmalz talks about policy issues facing community banks in 2019, the persistence of the mutual banking model, community bank technology plays — and the best place to get Wisconsin cheese curds.
It’s still relevant in a digital age.
“Innovation doesn’t have to be in technology,” says Julieann Thurlow. “Innovation can be rethinking about a problem and really thinking about what consumers want and where the need is.”
Lagging loyalty puts financial institutions at risk of falling behind.
Banks of all sizes are exploring the possibilities of unique digital branding.
Nonbank fintech company Robinhood, an online brokerage firm, has backtracked on plans to offer what it called a “checking and savings” account that would have paid 3 percent interest with no fees.
The Federal Communications Commission today voted unanimously to create a database of phone numbers that have been relinquished by one individual and reassigned to another individual, something that the American Bankers Association has long called for.
In a comment letter to the Federal Reserve today, ABA offered feedback on potential Fed actions to accelerate interbank settlement of faster payments, including the idea of the Fed banks developing a 24/7/365 real-time settlement service and a liquidity management tool to support this service.
In an era of frequent data breaches and growing concern over technology companies’ use of consumer data, nearly three-quarters of Americans said they are more concerned about their data privacy than they were a year before, according to a survey conducted by software company SAS.