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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

The Better Way to Calculate Value: Customers and Product If you lower deposit rates in this market, you will likely lose customers to competition that may be paying 5% or greater. If you know the cumulative lifetime value of each customer and each product, you are on the precipice of having one of the most profitable banks in the market.

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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

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What Did You Expect? Delivering Experiences that Meet Customer Expectations (Part 1 of 3)

Perficient

In marketing and design circles we often measure success in terms of meeting customer expectations. Prior experience, advertising, word-of-mouth marketing, digital interactions and belief in future value to be delivered are just a few of the factors that influence expectations, as we’ll soon see. Signals that Shape Desire. What’s Next?

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Cleo Raises $44 Million In Series B For Digital Financial Adviser Platform

PYMNTS

Its platform, which has 4 million Gen-Z and millennial users, provides customers with insight into their finances and data to make financial decisions. Barney and Cleo are truly disrupting consumer finance,” said EQT Partner Tom Mendoza, referring to Cleo CEO and Founder Barney Hussey-Yeo, in a statement. The survey showed 69.3

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Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

PYMNTS

That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business. “So The millennials love mobility. So I say, wait a minute, 2.3 Like Airbnb, Only Different.

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Afterpay On Surviving And Thriving After Its Early IPO

PYMNTS

While it’s certainly not the case with every firm, for many, years of venture funding and building size and scale are considered favorable to an early entrance into the public markets with the vicissitudes of public investors. And once they managed to offer that articulation, he said, the next most common line of questions focused on growth.