Remove Branding Remove Lending Remove Millennials Remove Regulation
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‘Buy Now, Pay Later’ Goes Big

PYMNTS

What instant lending innovation have shoppers fallen in love with? The timing is good for BNPL brands, as physical retail stores struggle to stay relevant and eCommerce players try to crack the checkout conversion code. Here’s a hint: We’ll tell you now … and you can thank us later. It’s a bona fide phenomenon.

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Credit Unions’ Digital Future: More Like YouTube, Less Like Online Banking

PYMNTS

Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. You can be compliant, and check all the boxes on security and conforming with regulations, and still get someone started in digital banking in less than a minute,” he said.

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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology. As mentioned above, it takes focus away from creating a brand and a value proposition in a product. The Problem with Funnels – Sales over Product.

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Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . SMB lending .

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Smart Sizzles, Dodd-Frank Fizzles And Sears Might Be Signing Off?

PYMNTS

M&A in alt lending: In an industry that is not doing all that well in terms of investor sentiment and getting the gimlet eye of regulators, what’s alternative lending to do? Vance had touched on this at IP 2017. And it’s been a long, hard fall. Perhaps way too little, way too late.

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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

With interest rates low and new regulations following the financial crisis, banks are running incredibly thin margins, and traditional revenue sources are no longer viable. P2P lending), and new payment schemes. A regional bank poll of millennials found that not one could name a community institution in their area.

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Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

We understand that sometimes brands do things in an effort to get a little boost so that people notice. Lending Club Algorithms . It is truly not our intention to call out Lending Club week after week in this column as a fizzle. The article also reported that Lending Club had verified income for only 26.8

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