The progression of the financial industry increased 2 times with the introduction of neobanks. Neobanks are instant banks as they work in simple, fast, and hassle-free ways. This is a dream come true innovation, especially…
Gamification is not a new concept. Its been part of our daily life for most part of our Adulthood. For example, Frequent flyer mails, hotel rewards are all engagement programs which use gamification concepts. The…
Millennials are a generational cohort that is rapidly maturing in terms of their economic power. They now outnumber Baby Boomers and represent the biggest challenge- and growth potential for banks today. As customers, Gen Y’s…
Millennials. While the term conjures up the image of a finicky bunch of 20 or 30-somethings latched onto their smartphones, socialism, slangs and social media among older generations, it predictably prompts some weary eye rolls…
Millennials – their multitasking capability can be shocking! They are able to interact simultaneously with dozens of digital channels while emails are gone, left only for business communication. How can banks change their relationship with…
It’s taken 10 whole years for blockchain technology to take over the internet and even banking! Even though blockchain technology was invented in 2008, the biggest key to turning blockchain’s potential into a reality for banks…
On the very first day of February, the Millennial Banking Day will be celebrated with a series of webinars starring well-renowned fintech experts who will discuss millennial engagement strategies on topics ranging from Blockchain, User…
Indian millennials, numbered 440 million and growing, currently make up 46% of the workforce, and contribute to 70% of the total household income. And this generation of digitally savvy retail banking customers is increasingly going to do their banking…
Digital technology is core to the Millennial lifestyle. The Pew Research Center labeled Millennials as “Digital natives in a land of digital immigrants.” Millennials put banks in a unique situation. This demographic, more than any…
Silence — an emotion, a message, a phenomenon, a movement — Cannot by itself transform into positive interactions for the Millennial. Technology experiences can make or break Millennial Banking. There is ample evidence that Millennials…
Millennials make up 25% of the total workforce population in Asia Pacific, and represent the most influential demographic shaping future trends in APAC’s banking sector. Yet they remain a largely misrepresented socio-economic demographic. This generation…
Rewind “I confess. I’m a Millennial.” claimed Jeremy Balkin, the Head of Innovation at HSBC, as looks of surprise came over the faces of Senior Executives and CXOs in a boardroom of a leading global…