| Tipoffs for Jacksonville, Florida (State) Newsletter for Thursday October 17, 2024 ( 1 items ) |
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FIS: With Consumers Leaning on Social Media for Financial Advice, Banks Have an Opportunity to Avoid a Generational Trust Cliff
JACKSONVILLE, Florida, Oct. 17 (TNSres) -- FIS, a financial technology company, issued the following news release on Oct. 16, 2024:
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Key facts:
* New survey reveals significant shift in relationship between younger generations and traditional financial institutions as trust in financial advice from social media grows.
* According to the survey, social media has become the primary source of financial advice for younger generations, which can promote unrealistic comparisons and financial
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