The most revealing statistic in The Gen Z Decoder Ring isn’t that Generation Z racks up 425 digital activity days each month, more than double that of baby boomers, but that the number has started to decline. PYMNTS Intelligence finds Gen Z’s daily app use fell 7% between...
The financial pressures squeezing American households are hitting the youngest adults with particular force. As inflation, high rent and debt burdens continue to weigh on budgets, even disciplined savers are finding it difficult to build meaningful financial cushions — and Gen Z, despite its efforts...
UK FinTech Revolut has launched a high-yield savings account for American customers. The new accounts, which let users deposit up to $10,000, are being rolled as Revolut “targets accelerated growth” in the U.S., the company said in a news release provided to PYMNTS Monday (Sept....
Along with home ownership, a longstanding pillar of the American dream is that each generation should outshine the previous one in economic well-being. Young adults in the cohort known as Generation Z, now aged roughly 18 to 28, show signs of building the financial habits...
October 31, 2025
The most revealing statistic in The Gen Z Decoder Ring isn’t that Generation Z racks up 425 digital activity days each month, more than double that of baby boomers, but that the number has started to decline. PYMNTS Intelligence finds Gen Z’s daily app use fell 7% between 2024 and 2025. Far from screen fatigue, it may be […]
October 22, 2025
The financial pressures squeezing American households are hitting the youngest adults with particular force. As inflation, high rent and debt burdens continue to weigh on budgets, even disciplined savers are...
September 25, 2025
Along with home ownership, a longstanding pillar of the American dream is that each generation should outshine the previous one in economic well-being. Young adults in the cohort known as...
June 27, 2025
Data on personal income, spending and saving released Friday (June 27) from the Bureau of Economic Analysis painted a portrait of a pinched consumer. Personal income dipped 0.4% month on...
November 13, 2025
A new Bank of America solution aims to turn 401(k) assets into a retirement income. 401k Pay, announced Thursday (Nov. 13), is a centralized hub featuring 401(k) recordkeeping, flexible deposit options and advice, designed to help plan participants to set, deposit and track their income throughout retirement. “401k Pay was developed hand-in-hand with our corporate […]
September 29, 2025
UK FinTech Revolut has launched a high-yield savings account for American customers. The new accounts, which let users deposit up to $10,000, are being rolled as Revolut “targets accelerated growth”...
July 27, 2025
More Americans than ever are contributing to — and withdrawing from — their 401(k)s. In 2024, a record 4.8% of workers with these retirement plans took a hardship distribution for...
June 25, 2025
For younger Americans in the Generation Z cohort, spending is out, while saving is reportedly in. That’s according to a report Tuesday (June 24) by the Wall Street Journal (WSJ),...
