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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

Ask a banker about the value of their bank, and they will either talk about some derivation of book value or earnings multiple. Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management.

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Matchmaking Millennials To The Experiences They Desire

PYMNTS

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. Many consumer businesses operate with very high fixed costs and oftentimes have excess capacity to fill, he explained. Many of the restaurants in Boston or across the U.S. BB: Yes, exactly.

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WEX Rides Fuel Business And Healthcare To Solid 2019 Earnings

PYMNTS

“2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. For corporate travel, it has been encouraging partners to focus their offerings on millennials. healthcare business.

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How GDPR Is Testing The Homesharing Market

PYMNTS

Regulators want to have a greater stake in the way sharing platforms operate. In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. That’s why Hostelz.com no longer accepts them, according to Owner and Founder David Orr.

Marketing 179
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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AI’s Place In The $50B RV Market

PYMNTS

Why Travel Firms Need To Cater To Millennial Payment Preferences. Millennials have a different take on travel than previous generations. The fight to become the travel marketplace that wins millennial business is only mounting as millennials become a larger portion of the consumers who travel the world and seek new experiences.

Marketing 132
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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. By the way, so is your CEO and much of your management team. We can ignore millennials no more.'