The initial Millennial Regret Spending Report from the Common Cents Lab identifies four positive personal financial habits millennials should engage in. The research was conducted with fintech app Qapital and asked millennials which purchases they found most regretful and most ...
Millennial men trust Trump on finance, women not so much
Results of a survey commissioned by public relations agency Vested show millennials most definitely do not act as one when it comes to matters of finance. Take their attitudes toward Donald Trump for example. More than half (55 per cent) ...
Senior millennials, higher income Gen Xers more comfortable with digital: FIS Pace study
Generation X’s higher income earners and senior millennials (Gen MX) are increasing their use of digital banking, a new study by financial services technology leader FIS finds. The third annual Performance Against Customer Expectations report asked consumers how well ...
MoneyLion focusing on customer relationship
When a company works in the customer’s best interest, both sides end up winners, MoneyLion senior vice president of marketing and product Tim Hong believes. Mr. Hong said MoneyLion, which is a direct to consumer lender, was founded in 2013 ...
Lenny Points uses gamification to teach credit to millennials
An iOS app offering credit lines to millennials hopes an in-app game which teaches its users responsible financial behaviors. Lenny Points, which are given for displayed responsible financial behaviors, can be used to increase credit line balances and to unlock ...
GlobeOne looks to lower fees to serve the underbanked
A unique new banking initiative is tapping into the power of the crowd to help everyone come out ahead. GlobeOne, which is scheduled to go live at the end of 2015, is founded on the belief that access to financial ...
PaySwag’s Haynes recognized early that banking was ripe for change
Over his quarter century in finance, Max Haynes learned how to innovate in industries not known for rapid change. Mr. Haynes expects to draw on that wisdom as he guides PaySwag to success in the collections industry. Entrepreneurship, and the ...
College season brings credit challenges for students
As millennial college students get acclimatized to another year of academia, technology has made it possible for them to stay connected to home more than ever. And they will need to be, a new blog post from ID Analytics reveals. ...
Pave rewards earning potential of young people caught in credit pinch
How do you get credit as a young person when you’ve never had it, and big banks are tightening their lending nets and leaving you behind? As it turns out, a company called Pave recognized the earning potential of this large demographic, left ...
Social responsibility a central theme in CommonBond’s vision
The CEO of a graduate student loan refinancing platform credits a deep understanding of the market as one of the reasons behind his company’s phenomenal growth. David Klein helped start CommonBond at Wharton in 2012. In three years, it has ...