Conventional wisdom is that younger generations are tech-savvy and the most willing to try new devices, apps and payment methods. However, PYMNTS Intelligence research from the How People Pay Report, titled “eCommerce for All: How Consumers Across Generations Make Purchases Online,” found that any generation...
Truist Financial’s fourth-quarter and full-year 2024 earnings results, reported Friday (Jan. 17), provide a snapshot of a company seeking to grapple with digital disruption and evolving consumer expectations in modern banking. “2024 was an important year for Truist,” Truist Chairman and CEO Bill Rogers told...
Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. As adoption expands, however, these platforms face the challenge of balancing user convenience with the essential need to meet regulatory standards and prevent fraud. The PYMNTS Intelligence report...
Rising inflation and stagnant incomes are forcing many Americans to reconsider their financial stability, prompting a surge in demand for personal finance advice. Economic headwinds are leaving people worried about their financial future, leading more individuals to seek planning support. The PYMNTS Intelligence report, “Navigating...
January 22, 2025
Conventional wisdom is that younger generations are tech-savvy and the most willing to try new devices, apps and payment methods. However, PYMNTS Intelligence research from the How People Pay Report, titled “eCommerce for All: How Consumers Across Generations Make Purchases Online,” found that any generation gap is rapidly closing when it comes to commerce, in […]
January 16, 2025
Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. As adoption expands, however, these platforms face the challenge of balancing user convenience...
January 13, 2025
Rising inflation and stagnant incomes are forcing many Americans to reconsider their financial stability, prompting a surge in demand for personal finance advice. Economic headwinds are leaving people worried about...
December 02, 2024
In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half of consumers (44%) expect to...
December 11, 2024
With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Developers are in a hurry to meet that demand even if it means constructing fewer homes to sell, The Wall Street Journal reported Tuesday (Dec. 10). For example, there’s AvalonBay Communities, one of the largest multifamily real estate investment trusts, according to […]
July 25, 2024
American Express is hoping to attract younger consumers with its latest card update. Amex on Thursday (July 25) announced a new version of its Consumer Gold Card, offering new credits for restaurant spending....
June 28, 2024
Dating events have reportedly become increasingly popular among young people as they seek alternative ways to meet people in a world once dominated by dating apps. Attendance at dating and singles...
June 13, 2024
Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z...
