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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

Capital One and Discover have both announced that they will be tightening their underwriting standards in the new year, and Goldman Sachs has gone from plans of expanding its online consumer credit product Marcus to plans of reining it in somewhat next year. Resetting Mortgage Services. They are becoming homebuyers.”

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Axos Invest Review: Automate Your Investment Portfolio

MyBankTracker

Tax loss harvesting and unlimited automatic rebalancing. Axos Invest offers portfolios that span more than 30 asset classes, including: US stocks. US Treasuries. Are Tax Loss Harvesting and Automatic Rebalancing Included? Tax loss harvesting and rebalancing are both good features to have with an online brokerage account.

Taxes 52
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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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Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

These companies differentiate themselves from traditional human advisors with lower fees, 24-hour automated support, portfolio rebalancing, and tax optimization, which can translate to higher returns for investors in the long run. Expect these hybrid services to also expand into diverse offerings to retain clients. What’s next?

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The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

Others are offering standard fare such as tax credits — although even that can’t be viewed as “standard” in this race. New Jersey, for instance, is offering more than the price of Amazon’s investment in tax credits, to the tune of $7 billion, if the company puts HQ2 in Newark. The submission phase concluded last Thursday, Oct.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. Millennials. savings accounts. Underbanked/Unbanked.

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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

Capital One , for example, opened the year with earnings that reflected higher quarter-over-quarter and year-over-year defaults, and a jump of 5 percent in credit loss provisions. Millennials are objectively more likely to have full-time employment now than they did five years ago, and yet they seem no more likely to pay their debts.

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