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Affirm Expands Installment Payment Options To Any On, Offline Store

PYMNTS

Half of Affirm’s users are millennials or Gen Z, the company says. Affirm was started in 2012 by Max Levchin, who co-founded PayPal, along with Jeffrey Kaditz and Nathan Gettings. Affirm was started in 2012 by Max Levchin, who co-founded PayPal, along with Jeffrey Kaditz and Nathan Gettings. It also has raised $1.03

Payments 139
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ViSenze Sees Visual Search Growth In eCommerce

PYMNTS

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

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U.S. Household Wealth Up To $92.8 Trillion

PYMNTS

Homeowners did well — but since millennials as a generation are slower to the housing market than previous generations, older Americans have enjoyed more of the benefits of the real estate market turn-around that has been in effect since 2012.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). It has also meant working in anticipation of the changing needs of millennial users. It’s a really exciting time to be in the space.”.

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American Eagle Leads $3.45M Investment In Dormify

PYMNTS

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify announced a $3.45 million Series A investment led by American Eagle Outfitters.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. Capital One and Discover have both announced that they will be tightening their underwriting standards in the new year, and Goldman Sachs has gone from plans of expanding its online consumer credit product Marcus to plans of reining it in somewhat next year. According to the Federal Reserve , U.S. trillion, up 18.5

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

As our research shows, their net promoter score averages 62 compared to just 19 for traditional banks—a differential reflected both by their rapid customer adoption and also their ability to attract venture capital funding. Why are they doing so well? Cybersecurity. Trust is central to any bank’s relationship with its customers.