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

Jeff For Banks

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

The company, which launched in 2001, has since about 2006 provided online and physical content — a collection that now includes a print catalog — as part of 1stdib’s effort to cement its position in the luxury marketplace. According to the Data & Marketing Association , 9.8 According to the Data & Marketing Association , 9.8

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The Wonder Of Wegmans

PYMNTS

Humans have to eat, which means they have to buy food at least sometimes, but generally speaking, wandering the market to fulfill that need is more felt as a chore than as a good time had by all. Much of the appeal of services like Prime Fresh and Instacart is in fact built into that basic dislike of going to the grocery store.

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Top 5 Risk Analytics Posts: From Rising FICO Scores to Alt-Data

FICO

For the first time since we’ve been tracking these stats, the average national FICO Score reached the 700 threshold — some 10 points above what it was just prior to the recession in October 2006.”. Millennials and Credit: Are We Missing the Real Story? Yes, and psychometric risk analytics could expand credit in markets worldwide.

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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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How About Profits in the Branch of the Future?

Jeff For Banks

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. This is down from 4.17% for banks and 2.51% for thrifts in 2006. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. Not very inspiring.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In 2006, investment banks were at the top of the finance world. In the world of asset management, the biggest players are now dedicated firms like Vanguard. Total assets under management (AUM) at the top asset managers now dwarfs total AUM at the top banks. The disruption of asset management. Table of contents.