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New Data: Receivers Value Instant Payouts Enough To Pay To Get Them

PYMNTS

Instant payments that enable the 24/7, year-round transfer of tax refunds, benefits, dividend payments and other disbursements could be key to quickly getting them money for much needed purchases within 30 minutes or less. This is in turn driving a need for fresh financial solutions that can help customers pay — and get paid — fast.

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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. The study surveyed more than 5,000 U.S. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S. Fast Fact No. are growing — but slowly.

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Creating a Customer-Centric, Digital Financial Institution

Abrigo

“I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay. While young professionals value dynamic, creative work environments, innovation, and professional development, banks rank poorly in these key areas to this demographic, according to Deloitte’s Talent in Banking survey.

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Disbursements Satisfaction Report 2020: Monetizing Payout Choice

PYMNTS

Consumers and other businesses can access their tax refunds, benefits, freelance income, insurance claims, dividend payments and other disbursements within 30 minutes of being paid — sometimes even within seconds. We surveyed more than 5,000 U.S.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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5 Reasons to expand small business lending

Abrigo

In the 2015 Growth Strategy Survey by Bank Director , the most commonly cited areas for growth were Commercial Real Estate Lending, C&I loans, SBA loans, and Construction loans. This is compounded by the growing trend of Millennial small business owners.

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Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain

PYMNTS

They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations. Cherny noted that while his firm serves all demographics of customers, millennials tend to be their largest audience.

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