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FTC: Millennials Report Losing $71M To eCommerce Fraud In Two Years

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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Millennials Impacted By Fraud More Than Older Consumers

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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This Week’s Reads: Millennial Marketing and Security

Banking 2020

Articles via BankThink, American Banker, The Financial Brand. Stopping hackers is job one for bank CIOS: A recent survey of bank chief information officers and technology executives found that they’re realigning their focus to hone in on security issues. What have you been reading?

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This Week’s Reads: Security, Innovation, Millennials

Banking 2020

Articles via Mobile Payments Today, BAI Banking Strategies, The Financial Brand, Bank News. Study: improved security is key to success for mobile banking: A recent survey from RateWatch revealed that while mobile banking may be struggling to attract new customers, those already using it are doing so more often.

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Millennial Homebuyers: Separating Fact from Fiction in the Vermont & New Hampshire Housing Market

Ublocal

Whether you’re interested in the real costs of renting versus owning, down payment requirements, or financial assistance programs, this article aims to clarify these topics. Conversely, defaulting on student loans can damage your credit score, making it harder to secure a home loan. Don’t let misconceptions hold you back.

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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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This Week’s Reads: Generating Sales, Industry Perception, and Millennials

NCR

Articles via The Financial Brand, American Banker, Financial Times . 10 LinkedIn Power Tips for Financial Institutions: This article features ten tips to help FIs build a strong presence on LinkedIn and attract new customers. Millennials shun pensions — but why are they all property mad?: What have you been reading?