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Kansas City Fed issues research briefing on buy now, pay later

CFPB Monitor

The Federal Reserve Bank of Kansas City recently issued a research briefing titled “ The Appeal and Proliferation of Buy Now, Pay Later: Consumer and Merchant Perspectives.”. The briefing divides buy now, pay later (BNPL) products into two main types based on how they are offered to consumers.

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Robo adviser Betterment launches checking account

American Banker

Betterment has debuted a bank account, in conjunction with partner nbkc bank in Kansas City, Mo., that is targeted at millennials and marketed as a complement to its long-term savings products.

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Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’

PYMNTS

And it’s not just about that much-reported millennial “side hustle” either. Four other cities may also be about to appear on that map: Kansas City, Memphis, Richmond and Stockton, California. Fiverr has partnered with SamaSchool and Udemy as well as city officials to help make those locations more freelancer-friendly.

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Mobile Payments: What’s In It For Me?

PYMNTS

” While the Fed added fuel to the cybersecurity fire today as Kansas City Federal Reserve President Esther George stated that concerns with cybersecurity in U.S. Digital Currency – Millennials Just Aren’t That Into You. payments networks were undermining public confidence in payments technologies, U.S.

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Super Bowl Countdown Brings New Online Gambling Action From Barstool

PYMNTS

For example, Bleacher Report, a millennial-focused sports website, has been steadily expanding into the sports betting space, attracting a new generation of gamblers who don’t consider sports gambling a bad thing, according to a report by CNBC. That translates into about one of every 10 people in the U.S.

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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. The Millennial Over-Transparency Award. Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

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