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Selling to Millennials: 4 Ways that Banks are Retooling Their Approach

NCR

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

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How GDPR Is Testing The Homesharing Market

PYMNTS

In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. The Playbook also looks at how payment services and other third-party platforms are working with shifting compliance demands to participate in the global sharing economy.

Marketing 179
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The Case for Improving Work for People with Disabilities Goes Way Beyond Compliance

PYMNTS

One millennial survey respondent confessed, “I’ve been here for six years without a promotion, even though my performance is excellent. ” For too long, companies have viewed employees with disabilities through the lens of compliance and accommodation.

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Thought starter: Top challenges accountants face and actionable ideas to solve them

Abrigo

His comments are not only applicable to his geographic region, but for sole props and firms across the country. In both the public and private sectors of the industry, many accountants see continually changing rules as burdensome, and seek out their state associations for direction on best practices to ensure compliance.

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In Search Of Consumer Spending’s New Normal

PYMNTS

And, Garg noted, as millennials and Gen Z consumers are aging into their prime spending years, he believes it will push them to an ever-greater global scale going forward. The funny statistic I hear is that 40 percent of millennials fear credit card debt – nearly as many as the 43 percent that fear car crashes,” he noted.

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Why getting digital banking right could prove vital in the Gulf

NCR

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Standing out in a crowded marketplace. Digital demands. Image: mdgomes via iStock.

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Consumer Banking Predictions 2019: Four Trends to Watch

FICO

Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. In response to this competitive pressure, top 100 banks will invest in an area that has been neglected for too long — deposit pricing strategy.

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