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Young Adults Trust Banks More Than Other Mobile Payment Providers

Young, tech-savvy adults may be the quickest to embrace new technology, but don't bet on them trusting social media sites or funky startups with their cash. Banks win out easily, at least for now.

A new study from Market Strategies International suggests young adults are more likely than any other group to trust banks more than alternative payment providers when it comes to emerging mobile-payment services.

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