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It’s Time to Stop Ignoring the Millennial HomeBuyer, Better Mortgage Growth Suggests

Bank Innovation

EXCLUSIVE— Digital mortgage company Better Mortgage has displayed rapid growth over the last year, originating $157 million in mortgages during 2017: a 1500% increase from the $10 million it originated in 2016.

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5 Reasons to expand small business lending

Abrigo

In the 2015 Growth Strategy Survey by Bank Director , the most commonly cited areas for growth were Commercial Real Estate Lending, C&I loans, SBA loans, and Construction loans. This is compounded by the growing trend of Millennial small business owners.

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Best New Financial Apps 2016, The List

Bank Innovation

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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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. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

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Salesforce On Digitizing The Mortgage Process — With An Eye On Millennials

PYMNTS

And according to Geoff Green, global head of mortgage and lending at Salesforce , the experience is ripe for change. The company’s Financial Services Cloud, geared toward financial services companies, traces its genesis back to 2016.

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Use Of AltFin Climbs For Small Business Borrowers

PYMNTS

have already used an online alternative lending platform. Small Business Payments and Banking Survey also found millennial small business owners are twice as likely than their older peers to have used an alternative funding solution (48 percent compared to 25 percent for business owners 35 and older). Its 2017 U.S.

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The JOBS Act Eyes A New Generation Of SMB Investors

PYMNTS

Among the most disruptive changes introduced in 2016 by the Jumpstart Our Business Startups (JOBS) Act is the opportunity for small, private businesses to raise capital via crowdfunding, adding yet another avenue to capital to the long list of traditional and alternative finance options available to small to medium-sized businesses (SMBs) today.

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