Remove 2014 Remove Micro-Entry Remove Non-Bank
article thumbnail

From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. get the REPORT on next generation investors.

Finance 77
article thumbnail

If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

Like Tencent and QQ, when Messenger separated from Facebook in 2014, it needed to get consumer and their friends to download the Messenger app. Back in 2014, Messenger users also had a different view of their “one place” to do all of those things – and it wasn’t any of their messaging apps. Just like WeChat did. Of Messenger and Libra.

Bots 62
article thumbnail

Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

article thumbnail

24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Branchless banking. BANKING, HEALTHCARE, RETAIL SECTORS LIKELY TO EXPERIENCE SIGNIFICANT GROWTH IN CHATBOT USE. Branchless banking.

Posting 101