target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Note - Doc Document number: # US50734523
Are Digital Payments the Key to Youth Banking?
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Abstract
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.