PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

MARCH 12, 2020

Founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson, Klarna pays merchants upfront and offers an alternative to credit cards. CEO Sebastian Siemiatkowski said its target customers are millennials from the U.S. He noted that 70 percent of millennials in the U.S.

Payments 143

Payments Millennials Cards Fintech 143

FICO

APRIL 4, 2017

Our fascination with millennials and their like or dislike of credit continues to occupy its fair share of column inches – so much so that a while back I decided to take a look for myself. The real value of balances between 2005 and 2016 are both down by about 19% when compared to the overall movement in the retail price index.

Millennials 63

Millennials US Lending Groups 63

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

Company 100

Company Online San Francisco Payments 100

FICO

FEBRUARY 8, 2017

Nothing fascinates us more in the world of demographics than what the Millennial generation think, do and how they act. The question for many in financial service boils down to this: Are Millennials really abandoning us? Table 1 shows the percentage of Millennials who have at least one tradeline in different categories.

Millennials 40

Millennials Groups Trends Conference 40

South State Correspondent

AUGUST 16, 2023

Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. Consumer Credit – Mortgage & HELOC Originations are down to the lowest level since 2005. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders. Balances are up, driven by inflation.

Trends 195

Trends Cards Capital Data 195