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The Coming Crush Of Online Apparel

PYMNTS

According to recent estimates, online apparel and accessories are expected to double their 10 percent growth rate of six years ago to a 20 percent annual pick-up by 2020. And, more tantalizingly to apparel retailers, the most fashion-forward (and free-spending) cohort of buyer, millennials, are increasingly likely to buy their clothes online.

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How community banks can help young homebuyers

Independent Banker

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. By Beth Mattson-Teig. Tips for creating educational resources.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Alt-lender targeting millennials . HQ: Minneapolis, Minnesota. Tags: Compliance, online banking, session recording, transcribing, archives. Total raised: $7.85 HQ: Los Angeles, California. Source: Crunchbase. Latest round: $5.6 million Series A. Total raised: $305.6 million (unknown mix of Debt/Equity). HQ: California.

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A Step Ahead

Independent Banker

Among the flurry of soft drink, fast food and big-bank online campaigns, financial social media expert Amy McIlwain sees a tremendous opportunity for community banks to have their voice heard. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use. “If