Tagged: gen z

The COVID-19 Crisis Pushes More Young Consumers into Investing, UK’s easyMoney Reveals

The team at UK’s investment platform, easyMoney, notes that you need not look too hard to find updates about how the Covid-19 crisis has negatively affected the lives of young people. The younger generation has been among the hardest hit in many ways, according to… Read More

UK Fintech Firm Everything Secures €2M to Reinvent Premium Bonds

Everything, a UK-based Fintech firm focused on reinventing premium bonds with a social spin, has secured €2 million from angel investors. Merama CEO Sujay Tyle, Frontier Car Group founders Peter Lindholm and Ricardo Donoso, along with Axel Arigato co-founder Albin Johansson have all reportedly joined… Read More

Fintech: Research Indicates that 9% of Teens Have Traded Crypto, PayPal is Top BNPL Option, Cash is King for Payments

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

Financial Tech Industry Professionals from Finn AI, MX, Q2, Rival Technologies Share Top Fintech Predictions for 2022

Towards the end off 2021, industry professionals from Finn AI, MX, Q2, and Rival Technologies came together to talk about what they’ve learned throughout the year and what advice they’d like to “impart to banks and credit unions in 2022.” By looking at the latest… Read More

Fraudsters Will Adapt in 2022: Here’s How, Says Feedzai SVP

Fraudsters are changing with the times, and Feedzai SVP of product management Andy Renshaw recently shared his thoughts on how they will behave in 2022. For starters, they’ll be more patient, Renshaw believes. Many online security measures are serving their purpose and eliminating the low-hanging… Read More

London Fintech Twig Releases Whitepaper Highlighting Behavior Trends for Gen Z

Twig, the London-headquartered Fintech firm that’s bridging the gap between finance and re-sale, has shared its inaugural whitepaper which highlights “the new way in which Gen Z are consuming, based upon a total cost of ownership and a commitment to a sustainable lifestyle.” As mentioned… Read More

ID Verification Platform Trulioo Announces Addition of US Student Records to its Global Gateway Marketplace

Trulioo, the international identity verification firm, recently announced the addition of U.S. Student Records to the Trulioo Global Gateway marketplace of identity services “supporting compliance, know your customer (KYC), and anti-money laundering (AML) solutions.” With the addition of this service, Trulioo clients may now “verify… Read More

TreviPay CEO Brandon Spear Shares Why the B2B Payment Space is Booming

While it’s taken a while for B2B technology to reach the levels of responsiveness common to their B2C brethren, the gap is indeed narrowing, CEO Brandon Spear of B2B payments company TreviPay said. B2B has always lagged behind B2C for the simple reason – building… Read More

Younger Generations Warming to Social Media Payment Apps: GoCardless

The younger you are, the more warm you are to using social media-based payment apps, new research released this week by GoCardless suggested. The payments infrastructure provider recently surveyed 1,000 American adults about their payment preferences. They found 56% per cent of millennials and 54… Read More

BNPL Fintech Clearpay Introduces Merchant Analytics Solution Clearpay iQ

Clearpay, an established Buy Now, Pay Later payments platform (known as Afterpay (ASX: APT) outside the UK/Europe), has launched its new merchant analytics solution, Clearpay iQ. With this new tool, brands are able to gain access to customer-centric analytics in order assist with optimizing investment… Read More

Credit Cards Falling Out of Favor With Younger Americans

Credit card use may be falling out of favor with American consumers, results of a new survey by global payments Fintech GoCardless suggest.  Three out of four respondents (76 percent) would like to decrease their credit card use while 77 percent prefer debit cards to… Read More

Brexit Not Driving Spending to UK Businesses: Report

Brexit has done little to shift UK consumer spending back home, the latest two chapters of emerchantpay’s New World, One Market Report shows. The study, which surveyed more than 2,000 British consumers, analyzes consumer behavior as some societies begin their emergence from the pandemic. When… Read More

BNPL Fintech Clearpay Research Reveals UK Millennials, Gen Z More Financial Savvy than Older Consumers

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

Nearly 50% of US Consumers Think it’s Now “Safe” to Invest in Bitcoin (BTC) and Other Cryptocurrencies: Survey

Piplsay research reveals that 27% of US consumers are planning to make investments in cryptocurrency during 2021. Around 50% of Americans think that it’s now “safe” to invest in decentralized digital currencies, the survey revealed. About 57% of US-based consumers said they think major brands… Read More

30% of Americans Say COVID-19 has Negatively Affected their Financial Wellbeing, About the Same Number Blaming 2008 Housing Crisis: Survey

A recent SWNS research study has revealed that 40% of US-based consumers under the age of 40 are not optimistic that they’ll be able to succeed in achieving their financial goals. The study of 2,000 Americans (between the ages of 18–40) found that around 58%… Read More

India’s FamPay, a Neobank for Teenagers, Reveals that Most Tech-Savvy Young People are Still Making Cash Payments

Younger people in India including Millennials and Gen Z consumers are usually quite tech-savvy because most of them have grown up using the latest smartphones. They regularly use the internet to take care of everyday tasks – which may include conducting digital transactions for online… Read More

Digital Banking: Razer Fintech CEO Says they’ll Use Singapore Launch as Way to Branch Out to Other Jurisdictions to Offer Financial Services

Razer Fintech’s parent company is reportedly backed by a cash balance of more than $500 million and has zero debt. Headquartered in Singapore, Razer Fintech plans to launch a global “youth bank.” The company’s management is currently laying the foundation and making other necessary preparations… Read More

Australian Digital Banking Challenger Alex Is Planning to Secure $7.1 Million via Series B Round

Australia based Alex, a digital banking challenger, is reportedly planning to secure about A$10m (appr. $7.1 million) in capital through a Series B investment round. As first reported by the Financial Review, Alex’s team of senior management professionals have been focused on acquiring additional funding by approaching various… Read More

Razer Fintech Partners with Singapore’s Lifestyle Marketing SaaS Provider, Perx Technologies, to Enhance Neobanking Experience

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has teamed up with Singapore’s Lifestyle Marketing SaaS (software-as-a-service) provider, Perx Technologies, in order to provide better mobile-first customer engagement for financial services. Through the partnership, Razer Fintech will focus on transforming… Read More

Fintech Zenda.la Becomes First Mexican Company to Get Accepted to the IBM Hyper Protect Accelerator Program

Fintech firm Zenda.la has reportedly become the first Mexican company to get accepted to the IBM Hyper Protect Accelerator program, which is conducted through a partnership with Village Capital. Zenda’s management says that being accepted into the tech giant’s program is “especially relevant as we… Read More

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