How Today's Youth Will Shape the Future of Banking

What's in this report?

REGO and Q2 present “Banking on Tomorrow,” the latest report that offers a comprehensive analysis of the financial habits of Generation Z and Alpha as well as their parents’ preferences for a youth banking solution. Over 1000 U.S. families were surveyed, and their responses are compiled in this report.


Click here to download the Table of Contents.

Does a youth banking product impact bank or credit union loyalty?

Parents still trust their existing financial institution with their kids' banking needs. In this report, you'll see how much customer or member loyalty is impacted when a bank or credit union launches of a family digital wallet.

How much of their own money do kids earn and spend?

We know that kids are spending and earning more money than ever. In this report, you'll see how much kids earn and spend by age range. You'll also see what types of purchases they make and the methods they use to store their money.

What features do parents want in a youth banking product?

We asked over 1000 parents to rank features they would like to have in a youth banking product for their kids. See how features like chores, security, investing and others rank to help guide the development of your financial institution's youth solution.

Banking on Tomorrow is presented by:

About REGO

Rego Payment Architectures, Inc. (“REGO”) is a family digital wallet platform that empowers financial institutions to let their customer’s children spend, save, donate and invest in a safe, parent-controlled environment. Founded in 2008, REGO is the only family digital wallet platform to be certified COPPA (Children’s Online Privacy Protection Act) and third-party GDPR (General Data Privacy Regulation) compliant. Financial institutions of all sizes can offer a family digital wallet product through REGO as a white-labeled stand-alone application or fully integrated into their existing app. Rego is part of the Q2 Innovation Studio. 

About Q2
Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institutions and fintech companies to provide comprehensive, data-driven digital engagement solutions for consumers, small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Follow us on LinkedIn and X to stay up to date.

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About Us

REGO Payments
A secure Family Digital Wallet for your institution is possible with Rego

Founded in 2008, our certified COPPA and GDPR compliant REGO Digital Family Wallet Technology has been at the center of our development. We created Rego for financial institutions to offer their customers a secure way for their children to shop safely online in our web-centric world.

With Rego, banks and credit unions have a platform to help children manage budgets and track spending - all with parent supervision. It empowers and educates kids while keeping parents informed and in control.