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RFI in the know, episode 14 – youth banking

Date: June 2, 2023
Region: North America
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RFI – In the Know

How Canadian Youth Are Digitally Transforming the Banking Industry

Hear from Insights Director, George Kawar and he discusses RFI Global’s Youth Banking Council and the recent research report.

The Key insights include:

  • Mobile Banking was reported to be the leading banking channel through which Canadian youth conduct their day-to-day banking activities.
  • A third of Canadian youth identified social media as a key go-to source for financial advice.
  • Cryptocurrency is the leading asset class Canadian youth invest in, surpassing all other asset classes including mutual funds, stocks, and even ETF’s.

To learn more about Canadian youth’s banking needs and behavior, you can access the article linked below or reach get in touch with us to learn more about our Youth Banking council.

To read the full article, click here.

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