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Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. Among the participating FinTechs are Payso, SnapCheck and Token.

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The Race For Singapore’s Digital Banking Licenses

PYMNTS

The move follows Hong Kong’s early 2019 decision to issue digital banking licenses as the two economies are strong competitors in the region. There are some 630 million residents in that region. Razer Fintech will own about 60 percent stake in the group, while five partners will hold the remaining 40 percent. Grab + Singtel .

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

CB Insights

DOWNLOAD THE 61-PAGE consumer banking REPORT. We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts. Why now for digital banking startups.

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What consumers demand of banking loyalty programs and how to exceed their expectations

NCR

Banks face pressure as consumers are given more opportunities to compare and switch services, not to mention the rise of the dynamic fintech sector. It is important to remember the changing preferences of your audiences from different geographical regions. To learn more about the Value of Redemption 2 report, download it here.

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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019.

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Connecting Small Banks To The Mobile Future

PYMNTS

This is great news — if one happens to be in charge of digital banking for one of the 20 or so largest banks in the world with massive scale, a huge budget to develop internal technical capacity and the ability to leverage advantageous partnerships with cutting-edge FinTech providers. Consumers want the latest mobile capabilities.

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