Remove Lending Remove Millennials Remove Taxes Remove United States
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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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America’s Expanding Debt Footprint (And What It Really Means)

PYMNTS

When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was never going to recover. ” While mortgages have calmed down, and credit card lending has been flat, there has been a massive counterbalancing spike in student loan debt.

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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. Most United States payees cannot access their funds immediately.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year. Those older millennials between the ages of 30 and 40 have earning power, are well-educated and are settling into more stable careers.

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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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Trump Unveils Measures To Combat Economic Impact of Virus

PYMNTS

President Donald Trump unveiled a number of executive actions designed to blunt at least some of the economic impact of the coronavirus, which continues to spread across the United States. Among the mandates: The suspension of all travel from Europe to the United States for the next 30 days beginning Friday.