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Are Digital Payments the Key to Youth Banking?

Publisher IDC
Published Jun 08, 2023
Length 3 Pages
SKU # IDC17999927

Description

Are Digital Payments the Key to Youth Banking?


This IDC Market Note discusses the Venmo Teen Account, which is the most recent in a long line of youth-focused financial services products. A range of technologies are enabling a new way to offer payment services to new demographic markets. Banks and fintechs alike are recognizing that payments innovation is critical to attracting and retaining customers.

Please Note: Extended description available upon request.

Table of Contents

3 Pages
Executive Snapshot
In This Market Note
IDC's Point of View
Technology
Demographics
Financial Literacy
Final Thoughts
Learn More
Related Research
Synopsis

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