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Amex Updates Blue Cash Card To Reflect Millennials’ Spending

PYMNTS

“Since we launched the card in 2011, our cardmembers’ buying habits have evolved, which is why we’re evolving the card, too,” said Kunal Madhok, vice president of U.S. The payment company said research shows millennials are spending the most on groceries, streaming and commuting. supermarkets and 3 percent cash back at U.S.

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What is Fintech? (An interactive illustration)

Alex Jimenez

"Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth. The Fintech Ecosystem.

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Dollar Shave Club’s Next Act: Holistic Male Wellness

PYMNTS

When the world first encountered the brand in 2011, Dollar Shave Club didn’t have much more than an innovative idea for selling razors and a viral video about the concept. That might be skin issues, dandruff or the wrinkles they are seeing for the first time on their millennial faces. Same quality, but 90 percent less expensive.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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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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The Connected Economy’s 10 Biggest US IPOs Of 2020

PYMNTS

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Markets initially responded accordingly, with shares pricing at $24 — the very top of the stock’s $22 to $24 expected range. But far from soaring on its first day, ContextLogic’s stock actually sank 16.4

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Why Household Finances Under The Hood Don’t Look So Good

PYMNTS

Median household income, which had dropped to $58,829 in June 2011, has consistently increased since the summer of 2014. May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market. Are the more than a third of U.S.

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