Vendors
日本語
search
  2. //
  3. Celent news
  4. //
  5. Move over Gen Z, OAPs the new flag-wavers for challenger banks

Move over Gen Z, OAPs the new flag-wavers for challenger banks

Website
Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
24 May 2022

Revolut, Starling and Tandem have all released data showing many senior citizens are signing up to their accounts, with experts saying they are tech and financially savvy with children and grandchildren also educating them about fintech.

Kieran Hines, an analyst at Celent, which provides tech advice to financial intuitions, told AltFi he had not seen specific data showing older generations increasingly using challenger banks but he “can certainly believe it”. “There are a lot of people in that age bracket that are highly sophisticated in terms of technology, but also have families, wealth and travel a lot," he said.

Read more via AltFi

News article details

Industry
Corporate Banking
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America