Join us on Tuesday, May 22, 2018 at 2:00 p.m. ET for Industry Trends in Cash Payments & Hispanic Market Insights, presented by PayNearMe. Registration for AFSA members is open now.
This webinar looks at new analyses which yield interesting insights showing that cash is still king, but perhaps not in the ways we expect. Despite the rise of credit, debit and mobile wallets, cash still constitutes 31% of the value of all transactions based on a study done by the Federal Reserve Bank of San Francisco. Nearly 138 million Americans prefer using cash for day-to-day transactions which may indicate that they are financially underserved. However, of this group, 90% of individuals own and use mobile phones. The smartphone is an incredibly valuable tool for engaging in financial transactions.
How do these two seemingly disparate items intersect? Are your marketing plans providing for outreach to consumers who rely on both cash and smartphone transactions?
We’ll also examine the growing Hispanic market, which tends to engage in mobile fintech activities more frequently and where the average adult age is lower. This results in consumers who will be active marketplace participants for 17 years longer on average and provides businesses the opportunity to promote strong, lasting relationships.
AFSA's Business Partner Webinar series allows industry experts to share timely, educational topics directly with AFSA members. The webinars are designed to provide information that will allow AFSA members to more effectively design, develop and implement strategies for their company's success. For more information, Dan Bucherer.
Cash is Still King…Right? | AFSA Webinar May 22
May 17, 2018
Well-regarded futurist and author Shawn DuBravac, PhD, addressed the consumer credit industry’s outlook with respect to digital technology’s impact on business models, customers and employees last month at AFSA’s… Read the rest
AFSA Applauds House Passage of S.J. Res 57
May 08, 2018
WASHINGTON, May 8, 2018 – Today, the House of Representatives approved S.J. Res. 57 by a 234-175 vote. The vote on the resolution, under the Congressional Review Act (CRA), disapproves of the Consumer Financial Protection Bureau’s… Read the rest
Join AFSA on Tuesday, May 15 at 2 p.m. ET for Bottom Up Compliance Technology presented by defi SOLUTIONS.
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The Bureau of Consumer Financial Protection issued a call for evidence to ensure the Bureau is fulfilling its proper and appropriate functions to best protect consumers. The Bureau published in the Federal Register a series of Requests for… Read the rest
Col. Nicole Malachowski (USAF, Ret.), a combat veteran and the first female pilot for the Thunderbirds Air Demonstration Squadron, spread her inspirational message of endless perseverance and learning from setbacks at two venues… Read the rest
Patrick St. Charles, III, President & CEO of Chattanooga, Tennessee-based Citizens Savings & Loan Corporation, received the Outstanding Independent Award last week during the American Financial Services Association’s… Read the rest
The world of collections is constantly evolving, with disruptions in the market happening by the day. Driven by advances in everything from payment apps to eCommerce experiences, consumers today are accustomed to paying for goods and services… Read the rest
Several years ago, Brad Parscale found himself faced with the biggest challenge of his marketing and advertising career: get Donald Trump elected president.
Little did he realize that he would become Trump’s secret weapon and engineer… Read the rest