Are there any adults still out there who aren’t using digital wallets to securely store important documents? The answer is yes. There are many who don’t, but increasingly consumers are opting to use mobile wallets as a convenient way to both shop and store those...
The U.S.’s top consumer protection watchdog is on the lookout for financial services industry players hoping to game open banking for their own benefit. This warning was delivered last week by Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), who reiterated his support of...
As illustrated in the PYMNTS collaboration with LendingClub, “New Reality Check: The Paycheck-to-Paycheck Report,” Gen X shoulders the heaviest financial burden across generations, and the Supreme Court’s decision on student loan forgiveness may make it worse. The striking down of Biden’s forgiveness plan may give...
Gen X has been walking a difficult financial tightrope over the past few years, and double debt duty may be leaving “The Forgotten Generation” in tighter financial straits than other age cohorts. Sandwiched between millennials and baby boomers (and aged 43 to 58 as of...
May 03, 2024
At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available if needed. Today’s entrepreneurs can choose from reward-earning credit cards; merchant loans; bank loans; buy now, pay later (BNPL) products; lines of credit and more. […]
March 29, 2024
Are there any adults still out there who aren’t using digital wallets to securely store important documents? The answer is yes. There are many who don’t, but increasingly consumers are...
April 24, 2019
Like many other financial institutions (FIs), credit unions (CUs) need responsive websites and mobile apps to address their members’ needs. It’s through these channels that most members will engage with their...
September 11, 2018
Is there a secret sauce for merchants to capture the evolving millennial? Those are the young consumers who are not that young anymore, and moving steadily toward the peak earning...
November 21, 2019
Millennials plan to spend more money this holiday season, and will use their mobile devices to do the majority of their shopping. Discover’s annual Holiday Spending Survey polled Generation Z, millennials, Generation X and baby boomers on their previous holiday shopping habits and upcoming plans to purchase. The results showed that 35 percent of millennials […]
August 20, 2018
A new study shows that millennials are worried about their retirement, especially their chances of ever collecting Social Security (SS). The Transamerica Center for Retirement Studies (TCRS) “18th Annual Transamerica Retirement...
March 16, 2015
Millennials are enthusiastic about getting HBO Now from Apple. The Apple Watch? Not so much. At least that’s according to an analysis of more than 700,000 tweets during last Monday’s...
