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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

The financial world has become more and more entrenched in digital channels, much to customers’ delight — 59 percent of FI consumers want to open banking accounts online rather than do so at a branch. That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Millennials, whom the company says do not provide a lot of foot traffic to retailers that sell lotto tickets. When it has a winning ticket, it takes it to the local lottery agency to redeem it, and pay out winners via its app.”. The target audience? About a third of consumers between the ages of 20 and 35 buy lotto tickets.

Ohio 103
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Getting Mobile Ready

Independent Banker

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. Epperson, a managing director at the global business advisory firm AlixPartners LLP. But how far are they willing to go to do their banking on small mobile devices?

Mobile 105
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Peapod’s Quiet Quest For Delivery Dominance

PYMNTS

Long before the current wave of online grocery deliverers, there was the previous wave of highly name-checkable luminaries in the same line of work. There is a reason that it often doesn’t get mentioned in the same breath with the biggest players in the online grocery game.

Software 100
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Chicago, Illinois. Alt-lender targeting millennials . Lien rights management. Digital rights management platform on the blockchain. Tags: SMB, B2B, data, analytics, financial management, accounting, suppliers, cost management, accounts payable, Xero (integration). Source: Crunchbase. Cumulus Funding.

Company 12