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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

This article examines why the standard way to value a bank is flawed and how to have a better methodology. Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management.

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Stressed Millennials Could Use Some Advice on Managing Their Growing Debt

The Financial Brand

This article Stressed Millennials Could Use Some Advice on Managing Their Growing Debt appeared first on The Financial Brand. Millennials are taking on more debt and feeling more stressed, a survey shows. Banks have an opportunity to offer advice, but only if they approach it in the right way.

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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article.

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Personal Financial Management Is the Next Must-Have for Mobile Banking Apps

The Financial Brand

This article Personal Financial Management Is the Next Must-Have for Mobile Banking Apps appeared first on The Financial Brand. Banking and credit card apps without PFM features are so outdated that customer retention is going to suffer, especially with Millennials and Gen Z.

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Young Women Are Getting Richer. Here’s How Banks Should Market to Them

The Financial Brand

This article Young Women Are Getting Richer. Here’s How Banks Should Market to Them appeared first on The Financial Brand. Millennial and Gen Z women are set to receive $80 trillion in wealth transfer and banks need to improve their marketing strategies if they want them as customers.

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This Week’s Reads: Payments, Millennials, and Personal Finance

NCR

Articles via PaymentsSource, The Financial Brand, CB Insights. Not All Millennials are Created Equal: A new survey by Oracle reveals how financial organizations can better serve the [link] millennial segment. Millions of Americans regret not saving for retirement earlier. What have you been reading?

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How You Handle Fraud Will Make Millennials Drop or Love You

FICO

Millennials, now the largest demographic group in America, are possibly the most misunderstood, elusive market ever, a notion underscored by The Wall Street Journal ’s article about the existence of $20,000-per-hour “Millennial consultants.” Millennials reward positive fraud outcomes. At least not yet.