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Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Main Street Banking: A Podcast for Community Bankers 8. Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Banking Transformed 2. BankTalk 3.

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Why Small Business Owners Should Always Have An Exit Strategy

PYMNTS

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. Among the participating FinTechs are Payso, SnapCheck and Token.

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Future Of Fintech Is Moving To San Francisco: Here’s What To Look Out For In 2020

CB Insights

In case you missed it, the 5th annual Future of Fintech (June 14-16) is moving west to San Francisco. Here’s what to expect at this year’s event : 3 main stages: Future of Fintech, Future of Wealth, and Future of Insurance. 1 stage dedicated to the Fintech 250 (CB Insights’ list of the most promising fintech startups).

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More Americans Say They Will Die Debt-Free

PYMNTS

For all but the most well-capitalized early in life, the ability to borrow funds is critical — at least if one wants to get a college degree, own a car or a buy house. About 60 percent of younger millennials think they can wipe out their debt by age 30. Debt is something of a strange topic for Americans. On The Bright Side.

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Investments Freeze-Up And Tiger Moms Take The Stage

PYMNTS

And, as Gen X and (more recently) millennials are proving, the world is full of parents who are willing to do some serious spending, especially to keep their offspring entertained and educated. million in funding provided by Notation Capital, Collaborative Fund, VC1, and other strategic angel investors.

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