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Top News In Payments: Millennials Spend Big On Black Friday; Goldman Investor Day To Focus On Growth Strategy

PYMNTS

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Solomon, chairman and CEO, will join the company’s senior leadership team at the invitation-only Investor Day to deliver presentations regarding strategic priorities. They shelled out an average of $479.40

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Target Pilots Buy Now Pay Later With Sezzle

PYMNTS

Meanwhile, millennials and Gen-Z spent 44 percent and 72 percent more on orders if BNPL was available as an option, the Tracker says. Sezzle has seen some wins this year, such as the appointment of Reid Bork, former PayPal senior director of accounts, to join its leadership team.

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SME Optimism Waning In Election Season, Says Capital One

PYMNTS

The latest findings from Capital One’s Spark Business Barometer found a significant decline in small business optimism this year compared to their sentiments this time last year, reports said on Monday (May 2). Capital One did uncover good news, however. The economy may be in recovery, but small businesses in the U.S.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business. Pretty soon the shareholders will begin forcing this blunt question.

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Socure Closes On $13 Million Round Of Funding

PYMNTS

13) it closed a $13 million round of funding led by Flint Capital, with participation from ff Venture Capital, Santander InnoVentures and Two Sigma Ventures, as well as other investors. In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016.

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Visa Celebrates International Women’s Day With A Global Challenge For Female Entrepreneurs

PYMNTS

The study reported that for every dollar of capital raised, women-run startups generated 78 cents in revenue, compared to 31 cents for men-run startups. The problem is that female-founded firms still lack in venture capital funding. The response is gratifying, so far, Biggar said, since the need seems so acute.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking artificial intelligence (AI), the customer experience, enticing millennials, and change management are among subjects tackled in recent episodes. Guests and Marksberry typically talk leadership, life, and advice for listeners, all while telling stories of their journeys to leadership in the financial sector. Whitepaper.

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