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Why Millennials Want To Crowdfund Their Mortgage Down Payments

PYMNTS

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts of millennials and their home-buying habits, or lack thereof, emerge. Millennials are shaping the market more than anyone realized.

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Securing 442 Million Points Of Failure

PYMNTS

Given the staggering volume that comes through in the banking industry, it would follow that securing those accounts would be imperative, especially in the wake of the seemingly innumerable data breaches worldwide. Oftentimes,” explained Clark, these mobile-savvy users “are younger users, such as millennials” or underbanked.

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

South State Correspondent

This brand relation is similar to customers who refer friends and family members to the bank or use their bank for gifts. Customers who refer to or give bank products tend to see themselves in the bank’s brand and be the more loyal and profitable customers. The same goes for customers who engage frequently with the bank.

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Got A Credit Card In Your Purse? Thank Ruth Bader Ginsburg

PYMNTS

Credit cards were rarely issued to women directly: A woman’s card was generally issued as a rider on her husband’s, and it was nearly impossible for women to secure cards and loans without male consignors. The ECOA changed this by specifically banning it.

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Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change

PYMNTS

Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection. Along with the tremendous opportunity for sales growth, the challenge is making that first sale happen, he said.

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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. More than ever – millennials seek customized experiences without a corresponding increase in prices. They are tech savvy, mobile and social.

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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? Consumers expect secure and fast access to digital tools.

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