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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

And then what happened in 2004-06 happened again. Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks.

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Could Grubhub Become The Amazon Of Restaurants?

PYMNTS

Remember, before Grubhub bought LevelUp, Chase put a few tens of millions into them as the technology partner that would ignite Chase Pay acceptance at QSRs. Grubhub founders Matt Maloney and Mike Evans wanted to solve a simple problem in 2004: make it easy for consumers to order food from local restaurants and have it delivered.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. Table of contents.

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Mortgage Tech 101: What It Is & Why It’s Taking Off Now

CB Insights

Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

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Closing the Case for Customer Centricity & Digital Transformation

FICO

Despite decades-long customer relationships, years of aggressive investment in information technology, and volumes of rich customer data from which personalized services could be extracted, traditional companies continue to bleed customers: In banking, 5.6 million U.S. customers switched their primary banks last year; 6.3

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The Curious Case For Breaking Up Tech Giants

PYMNTS

That the middle class is bifurcating — to the have’s and mostly to the have not’s as a result of jobs that are disappearing because technology and software is eliminating them. Robotics and technology are taking jobs from people who need them the most, it’s said. percent of today’s millennials will never make more than their parents.

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2019: What To Take Forward And What To Leave Behind

PYMNTS

For bridge millennials, those consumers between the ages of 30 and 40 who are the first generation of connected consumers with spending power, those percentages are even higher: 31 percent own a voice-activated device, 55 percent of whom used it to make a commerce purchase in the week we asked them to report on their purchasing experiences.

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