Millennials

‘Millennials Want Credit’ Says Ex-Visa Innovation Chief and i2c President Jim McCarthy

‘Millennials Want Credit’ Says Ex-Visa Innovation Chief and i2c President Jim McCarthy

The consumer of today is educated, digitally empowered and more than ever before, wants to make informed financial decisions. This requires financial players to provide a quick, efficient and barrier-free customer service that keeps pace with the dynamic transformations of this new era of payments.

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Millennials: More Than Just Credit Cards to Worry About

Millennials: More Than Just Credit Cards to Worry About

Today’s NYT talks about how Millennials Could Make the Fed’s Job Harder. A young generation of aggressive savers could leave central bankers with less room to cut interest rates, which they have long done to boost growth in times of economic trouble. To leave the work force early, millennials would need to build up massive […]

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5 Ways Fintech Industry Is Using AI to Woo Millennials

5 Ways Fintech Industry Is Using AI to Woo Millennials

5 Ways Fintech Industry is Using AI to Woo Millennials By Shrikant Srivastava 8 min read The bond which is getting seeded between Fintech business and Millennials is poised to be extremely strong.

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Attracting Millennials by Attacking Their Challenges

Much has been said about millennials (those born between 1981 and 1996) and how they dont seem interested in traditional banksa curious state of affairs, given that people need and use banking services for life.

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Millennial Parents Putting Mobile Payments Tools Venmo, Cash App to Unexpected Use

Ah, allowance day. The earliest form of payday for the younger set, its the day in which the value of a dollar is truly felt. Yet new word from CreditCards.com suggests that the days of Dad cracking open the old brown Buxton to hand over a bill or two may be waning.

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U.S. Millennials Still Shop in Stores, but Increasingly With the Help of Smartphones

U.S. Millennials Still Shop in Stores, but Increasingly With the Help of Smartphones

Globally, 82% of millennials (aged 18-38) prefer to shop in stores rather than online, according to a survey of 6,000 consumers in the U.S., U.K., Germany, France, Sweden, Japan, China and Brazil conducted by Accenture.

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25% of ‘Affluent’ Millennials Hold Cryptocurrency

25% of ‘Affluent’ Millennials Hold Cryptocurrency

A full quarter of affluent American millennials are using or holding cryptocurrency. That’s among the findings in the Millennials with Money report from Edelman. The survey defines affluent millennials as aged 24-38, making $100,000 in individual or joint income, or having $50,000 in investable assets.

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VIDEO: Are Young Adults More or Less Likely to Buy Prepaid Cards?

VIDEO: Are Young Adults More or Less Likely to Buy Prepaid Cards?

Young adults are more likely than average to buy prepaid cards but there’s a relatively serious decline underway in the number of 25-34 years olds buying prepaid cards. In 2016, 81% of 25-34 years olds had bought a prepaid card in the last year. Today, 66% of 25-34 year olds have bought a prepaid card […]

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Balancing Millennial Branch Preferences and Digital Banking Expectations

Balancing Millennial Branch Preferences and Digital Banking Expectations

Knowing what’s really important to consumers is critical to acquisition, retention and cross-selling in the banking industry. But Millennial stereotypes frequently fool financial marketers, muddling their marketing strategies with faulty assumptions. Turns out they love branches just as much as Gen X and Baby Boomers.

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Half of American Millennials Interested in Using Crypto Exclusively

Half of American Millennials Interested in Using Crypto Exclusively

A new study among 1,202 adults revealed that around half of the American millennials are interested in converting to cryptocurrency primarily, as opposed to the U.S. dollar. Bitcoin Dominance The largest cryptocurrency dominates the markets, currently accounting for 54.8 percent of the entire market capitalization according to CoinMarketCap.

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Millennials Want Non-Financial Products From Banks and Credit Unions

Millennials Want Non-Financial Products From Banks and Credit Unions

There’s a popular misconception among a lot of people that Millennials hate banks.

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The Latest Must-Have for Millennials? Fancy Debit Cards

The Latest Must-Have for Millennials? Fancy Debit Cards

The humble debit card is eclipsing other pieces of plastic as a status symbol in the wallets of younger consumers. To meet these changing tastes in personal finance, companies are enlisting world-famous designers to give the cards a new cachet—and millennials.

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