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Slice Integrates No-Fee Visa For Millennial Shoppers In India

PYMNTS

India’s pay-later app Slice is introducing a no-fee Visa card that offers its Gen Z and millennial customers cash back and no-cost EMIs during festive sales. “We Payments startup Slice was founded in 2016 to cater to the financial needs of the Gen Z and millennial generations. Spending peaked in 2006 at $3,023 on average.

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With Home Equity Lacking, Will Millennials Embrace POS Financing?

PYMNTS

In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Top News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe Predicts Holiday Sales To Reach $143.7B

PYMNTS

Walmart and Green Dot already have a payments partnership, one that involves the Walmart MoneyCard program and which launched in 2006. Not only is that payments deal being extended, but the two businesses will create and roll out a FinTech accelerator. . Even tech-savvy millennials fall victim to scams.

Analytics 101
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Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing

PYMNTS

The two companies already have a payments partnership, one that involves Walmart MoneyCard program and which launched in 2006. Not only is that payments deal being extended — a sign of how FinTech is starting to play ever more closely with retail — but the two businesses will create and launch a FinTech accelerator.

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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

More talk about fintech, dinosaur bankers, and flavors of the month. How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Maybe those millennial futurists don't remember this. or Idea Killers?

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A Look at the Savings Tech Horizon: Passive Investing

Fintech Labs Insights

This millennial-focused app offers an easy way to help poor young, tech-savvy investors make the jump into the stock market. Acorns currently boasts 10 millennial-friendly brand partnerships, including Airbnb and Dollar Shave Club. Prosper launched in 2006 and has since become one of the largest P2P marketplaces in the U.S.