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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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Physical Retail Looks For New Life This Holiday Season

PYMNTS

Both of those demographics surprisingly beat out millennials, at 53 percent, and Gen Z, at 46 percent. Bloomberg reports that it offers a bevy of innovative options intended to entice customers into spending more time shopping. He said when the company launched in 2011, the “buzz” pointed to a shopping future without physical stores.

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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. Fintech Revenue.

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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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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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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? or Idea Killers? Thanks Napster!"

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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.