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For Millennials, Traditional Banking Is Not Anathema

PYMNTS

Turns out millennials are not the different-kind-of-banking-breed some had thought. It also turns out the much-vaunted social media generation is less inclined to use social media than you’d think. Though the exchange of cash via social media has yet to gain traction, it is not the case with other methods.

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Millennials Tap Facebook For eProcurement

PYMNTS

The younger the procurement official, the more likely they are to migrate towards digital channels, like websites and social media platforms, to source goods and services for their companies. That’s according to new research from Sacunas, which found that a new generation of professionals is shaping the evolution of eProcurement.

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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. The government will open GeM in three stages, first to private entities with government contracts and then to consumers themselves.

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Cottagecore, Wine Windows And Turning To The Past For Present Comfort

PYMNTS

The bread of social media, like the people who were posting photos of it, always looked its best when presented to the world. Cottagecore and its strength as a social media movement are something of a contradiction. She sees it as a search for stability uniquely suited for the present historical moment.

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

PYMNTS

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. million millennials now make up more than a quarter of the U.S.

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Communicating With Millennials

William Mills

3 topics to discuss with Gen Y members through blogs, social media and video. Millennials have misgivings about Wall Street, making credit unions ideal financial institutions to capture this demographic group’s business. Debt is a controversial topic for millennials since many are still struggling with student loans.

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The challenger bank Chime says it has 750,000 millennial customers

Payments Source

Few fees, automated savings and social media engagement all reel in the 23- to 37-year-old set and present a competitive threat to big, traditional banks, according to CEO Chris Britt.