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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. Payments: Mobile is replacing cash. Active investing.

Finance 77
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. The patent expired in 2017 and opened up the market for competitors to launch off-marketplace payment solutions. children, were unbanked in 2017.

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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.

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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

Now, retail — like banking — is being challenged by a new competitor: that small mom-and-pop online bookseller that, 20 years later, has become the world’s most valuable retailer (as measured by market cap). Amazon didn’t just ride the online wave; it created it and inspired a whole generation of online sellers to do the same.