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The Coming Millennial FinTech Crisis

PYMNTS

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.

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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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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

PYMNTS

Indeed, when it comes to younger consumers these days, eSports are reportedly on the rise (including with high school students), and are even prime part of plans to revive retail malls and to collect more states taxes , as PYMNTS has covered. But as even casual students of history know, collectibles often lead to bubbles that eventually pop.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. They produced a “Don’t Tax My Credit Union” video for Congress in support of credit unions.

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Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain

PYMNTS

Three years later, in 2013, Bank of America stopped enrolling new customers in the program. They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations. The program was intended to compete with the “digital only” banks popping up at the time.

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Helping Couples Fall In Love With Jointly Managed Finances

PYMNTS

But there are currently 32 million millennials living with a partner, he pointed out – well beyond the “getting to know you” period – who should be working on building better financial habits in tandem, but who often find it difficult to get started. News and World Report since 2013, writing about a … READ MORE. LOANS ADVICE.

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A Look at the Savings Tech Horizon: Standalone, Automated Savings

Fintech Labs Insights

These types of companies debuted in 2011 with the launch of ImpulseSave * , which was acquired by Betterment in 2013. Since that time, a few other competitors have launched and are beginning to build steam with their Millennial user base. ” Want to withdraw your entire balance to pay your taxes? Text, “save $10.”