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Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

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BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. Afterpay’s growth numbers are consistent with those contained in the Journal article , which says that roughly one in five millennials used a buy now, pay later service in 2020, about double the rate of Gen X.

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Expanding the Banking Talent Pool

Banking 2020

We’ll soon have four generations within the global workplace: next gens, millennials, gen X and traditionalists. A big part of this is moving from reactive to proactive talent management. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. Be ready to act fast.

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The 2019 GonzoBanker Awards

Gonzobanker

If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. Might be time to.

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FinovateFall 2015 Presenting Companies Announced

Fintech Labs Insights

Hedgeable’s NEXT Partner Network makes private banking platforms available to millennials. ID Analytics brings patented analytics and real-time behavioral insight to consumer risk management. HelloWallet’s Retirement Explorer brings high quality, user-friendly retirement guidance to 401(k) participants.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). Is it in the water?

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed. Is it in the water?

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