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Can a Mobile Lending App Save Millennial Credit Ratings?

Bank Innovation

Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More.

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Focus: New-To-Credit Millennials, Credit-Rating Systems & Borrowing Credit

BankBazaar

Owing much to the changes in banking trends and the emergence of fintech companies, millennials across India have become open to the idea of borrowing credit. As millennials, we grew up in a system that regarded such credit products as ‘financial stressors’ and those opting for them were often looked upon as financially-screwed individuals.

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

Of course, as PYMNTS data, coverage and research has indicated, the tendency of consumers to own multiple connected devices also forces retailers to offer fresh omnichannel offerings that can be done on all those machines. And what they want and expect are what’s going to drive so much of retail and payments in the coming years and decades.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Of course, there are numerous other excellent banking podcasts available that are worth a listen. Lending & Credit Risk.

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Pokemon The Surprise Retail Sizzle Of The Summer?

PYMNTS

There were media reports of marketplace seller “disappointment” over seeing their sales increase by “only 55 percent over last year” or “only 30 percent in some parts of the world” and complaining about their inability to market to those buyers since “Amazon owns them.”. But, they can, of course, always skip next year.

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5 Ways Ant Financial & Tencent’s Fintech Growth Playbooks Are Evolving

CB Insights

While Tencent groups the results of the division with business services (cloud and B2B services), fintech is now driving growth at the social media and gaming giant. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending.

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Canada’s Twist On The Digital Banking Model

PYMNTS

Through its Savings Plus account, the company offers high savings on interest rates that are used across a variety of purposes, including bill payments, where a checking account (which, of course, earns no interest) would have once been earmarked for that purpose. That’s a source of not just why we grew, but why we grew so quickly.”.