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Retail Banking

The COVID-19 pandemic has upended virtually every aspect of life for American consumers
More than half of Generation Z, Millennials and Generation X now use mobile banking apps
The lines between banks and banking are blurring more and more
One in ten U.S. adults are credit invisible, or have no credit at all
Wells Fargo’s new virtual assistant will launch in 2022
Almost every brand across industries is courting millennials and Generation Z consumers
27% of consumers now have relationships with neobanks
Envel, an AI powered bank, launches crowd funder after SEC increases regulation cap
80% increase year-on-year as US economy begins to “roar back to life”
Report by the Federal Reserve of Cleveland studied whether bank consolidation had impacted customer access
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