Fintech lenders taking more market share from banks, survey finds
Digital-first lenders more than doubled their market share in the last four years, according to a report by Experian. ... Read full article
News Topic: Baby Boomers
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Wealthy Americans say financial worries taking toll on mental health
Even relatively wealthy Americans are so worried about their finances that it's affecting their mental and physical health. That's one of the findings in a Bank of America survey of more than 1,000 people in the U.S. who have enough investable ... Read full article
Don’t forget baby boomers in the race to go digital
Banks should update their online and mobile applications — bigger font sizes, perhaps — to ensure their offerings are accessible to older customers. ... Read full article
Breaking Banks: Fintechs address the over-50 set
Theodora Lau and Brad Leimer of Unconventional Ventures, Heather Holmes of Genivity and Marci Lobel-Esrig of SilverBills discuss fintech for older generations. ... Read full article
Boomers are the new millennials (full session)
Panelists: Renée D. Brown, CMO, Retail Financial Services, TIAA; Steven Dorval, President, John Hancock Personal Financial Services; Matt Fellowes, CEO, United Income; Roger Lee, CEO and Co-Founder, Human Interest ... Read full article
Forget millennials: Baby boomers need app innovation, too
Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs. ... Read full article
Don’t underestimate fintech’s value to older Americans
One might assume, wrongly, that the successful fintech entrepreneurs are millennials who are only creating lifestyle apps for their age bracket. ... Read full article