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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. According to the Federal Reserve , U.S. That amounts to $13.2 trillion, up 18.5 Resetting Mortgage Services.

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The Periodic Table of Tech in India

CB Insights

The most active investor in this category is seed- and angel-focused venture fund Blume Ventures, which has invested in 76 companies since 2012. Activity hit a peak in 2015, when Indian startups saw 182 exits – more than triple the 50 exits seen in 2012. Our table features both India-based and foreign venture capital funds.

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How About Profits in the Branch of the Future?

Jeff For Banks

So went the 2012 press release announcing the opening of the next generation of the bank branch. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Imagine holding branch managers accountable for increasing deposit and loan spreads, and generating direct pre-tax profits.

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The ‘Uber Of Nothing’ Is Coming

PYMNTS

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. Venmo is a massively successful P2P platform that has become a verb with millennials who wish to pay each other after a trip or a night out.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

When Facebook went public in 2012, the stock fell 15% in its first few days on the market. A slew of startups have emerged over the last few years that are especially popular among millennials, and designed to serve as a cheap investment manager and an introduction to the basics of wealth management. get the full REPORT.

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Apple’s $250B Cash Hoard

PYMNTS

Most of that money is parked off-shore, a situation that President Trump seems to be aiming at ameliorating with a one-time tax holiday on corporate funds brought home paired with reforms that will lower corporate taxes. would allow it. CFO Luca Maestri has noted that bringing the money back to U.S.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Their application is middleware. Good morning folks!

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