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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Necessity is the mother of invention.

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Zillow, Bots And The Future Of Real Estate

PYMNTS

That growth has been remarkably inconsistent — Northern California has met and surpassed 2007 averages several times over, but there are whole sections of Florida still dotted with McMansions half built. That is not quite accurate — and as we’ve previously covered, millennials seem plenty enthusiastic to buy homes.

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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? 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? or Idea Killers? Much to my chagrin.

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Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

Aided and abetted by mobile devices, apps and payments and logistics innovations have substantially improved the consumer’s digital shopping experiences. Here’s what that sounds like , for those who’d like to take a walk down memory lane – or for the millennials reading this who have never known anything but 3G.

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The Curious Case For Breaking Up Tech Giants

PYMNTS

And not even because they’re job destroyers, which he said is the natural consequence of innovation, and innovation is goodness. Fail — along with just about every other commerce initiative Facebook has tried to ignite using its platform, starting with Beacon in 2007. I saved the best for last — Apple and Apple Pay.

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