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Americans Eat 451B Times Annually, But Less Often At Restaurants

PYMNTS

percent from 2008, when they had 1,532 occasions. The boomers are in fact overshadowing the growth that is being seen with the millennial population. The average millennial dines out about 241 times a year, as the analyst noted. consumers mark 1,473 “eating occasions” annually. That tally is down 3.8

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Today In Payments Around The World: India Pay-Later App Slice Debuts No-Fee Visa Card; Stripe To Buy African Payment Processor Paystack

PYMNTS

Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.

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The Buyers: Shift In Luxury Consumers

PYMNTS

Following the 2008 recession, most consumers expectedly shied away from making purchases on ultra fancy or expensive items in favor of keeping their financial heads above water. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z. Luxury isn’t what it used to be.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

15, 2008 fall of Lehman, which filed for bankruptcy that day. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. Auto loans have mushroomed from $773 billion in 2008 to $1.2 The trigger for the look back has of course has been the Sept.

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Next-Gen Debit Steps Up

PYMNTS

Debit has been riding a wave of popularity for years as credit-averse millennials and their cohorts became big spenders, but didn’t want to end up like their overextended parents did in 2008. People crave familiarity in tough times, and what’s more familiar than one’s own loot? Debit’s Destiny.

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Secondhand Is First Thought For Growing Number Of Shoppers

PYMNTS

It’s a movement that’s been gaining momentum since the recession in 2008. Online at Net-A-Porter , that shopper could afford less than half of a single dress at an average price of $440 each. That’s not just a millennial problem: More than one third of women do the same thing. That’s a total of 44 million shoppers in 2017.