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Top News In Payments: Millennials Spend Big On Black Friday; Goldman Investor Day To Focus On Growth Strategy

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In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. And Silicon Valley’s Figure Technologies has closed or is near closing $103 million in a Series C funding round. NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019.

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NEW REPORT: Visa On Arming CUs To Win The War For Millennial Talent

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But recently, lawmakers from opposite sides of the aisle came together on an initiative aimed at helping the credit union market. The bill is expected to pass, thanks in large part to support from the Credit Union National Association and from both sides of the political aisle. Helping CUs Engage and Retain Millennial Talent .

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Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

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As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. According to some experts , millennial small business owners no longer accept mediocre or sub-par services from their financial providers.

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Marketers Focus On Mobile Shopping For The Holidays

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That’s why marketers will be leveraging mobile in their holiday shopping strategies this year, with new and creative strategies that focus more on omnichannel solutions and less on generic mobile coupons. Mobile coupons are still popular, especially among millennials. For millennials, that number is 90 percent.

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Airbnb Competitor Domio Lands $100M; Aims To Double Market Share

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Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. It is currently in 12 markets. The company’s Series B round was led by GGV Capital. The funding round closed in late summer.

Marketing 101
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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

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The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

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To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 million homes on the market. In terms of turnaround, properties were on the market for only 21 days. This implies that first-time buyers are being priced out of the market. The Role of Technology .

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