Yes, there are risks to working with people with thin (or no) credit histories. Enter alternative data.
Even with student loan debt and stagnant wages, they’ll soon be a trillion-dollar force—and smart community banks can meet their needs.
As though on cue, millennials shake off all attempts at pigeonholing by making the most of mobile tech and in-person branch experiences.
Millennials aren’t yet sold on mobile payments, but banks can start singing their tune with loyalty perks and speedier transactions.
Millennials love and trust banking tech but also hunger for human connections. These steps can build a better millennial-based strategy.
Bankers are finding that content marketing is not only useful on their websites; it can also engage customers via seminars, webinars, in-branch visits and mobile devices.
Business and technology expert Graham Seel shares his insights on how community-based financial services organizations can build a good user experience, especially where millennials are concerned.
Millennials now lead an economic juggernaut. But to the extent women differ from men, banks may have catching up to do.