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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. In Pennsylvania, Rocket has number 1 market share. They are/were the business owners, demanders of capital and loans, and significant depositors. Then came this bubble generation they named millennials. Not your chairman.

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Target’s Rapid Reset

PYMNTS

They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. Looking at the data, a significant minority of bridge millennials report Amazon as their preferred shopping destination (19 percent), while a full a 50 percent noted that their preferred commerce experiences are omnichannel.

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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. Research says millennials love gift cards , so that may be a way to create a budding bitcoin trend. The average rate of a new bitcoin ATM? The math comes out to one per week.

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This Week In Insurance Tech: Policygenius Raises $100M, Lemonade Enters Pet Insurance, Nationwide Expands Digital Footprint

CB Insights

Gabi , a San Francisco-based digital broker for home and car insurance, raised a $27M Series B led by Mubadala Capital. Capital, AngelList, Burst Capital, Canvas Ventures, CMFG Ventures, Correlation Ventures, Northwestern Mutual Future Ventures, Project A Ventures, and Securian Financial Group also participated in the round. .

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The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Pittsburgh, Pennsylvania. Doña Ana County. Mexico border, making this a binational proposal. Who doesn’t love sandwiches? Birmingham, Alabama.

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Piece By Piece: 14 Offsite Construction Companies Transforming The Building Industry

CB Insights

From Marriott opening its first modular hotel, to tech giants like Alphabet investing in modular housing, to Japanese retailer Muji launching prefab micro-homes, offsite construction methods are gaining traction. Select Investors : Brightpath Capital Partners, Skagen Group, Vision Ridge Partners. Headquarters: Petaluma, California.

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