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.
- Executive Snapshot
- In This Market Note
- IDC's Point of View
- Technology
- Demographics
- Financial Literacy
- Final Thoughts
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- Related Research
- Synopsis
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