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Accounts Of Millennial Sobriety May Be Oversold

PYMNTS

Have millennials started starving a segment of commerce in a socially positive way? That is the recent question on minds of trend piece writers, with the publication of a recent Atlantic article that postulates the latest trend sweeping generation Sriracha is sobriety. Data from U.S. percent — of down from 60.8

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FTC: Millennials Report Losing $71M To eCommerce Fraud In Two Years

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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Millennials Impacted By Fraud More Than Older Consumers

PYMNTS

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

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Peer-to-peer engagement: The banking customer experience that Millennials crave

Accenture

How can banks deliver a banking customer experience to win Millennial customers? This is a million-dollar question for many retail banks as the Millennial generation’s influence and share of consumer spending grows. Exploring peer-to-peer engagement In an article published in. Read more.

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Millennials Are At a Financial Crossroads And Banks Must Understand Their Mindset

The Financial Brand

This article Millennials Are At a Financial Crossroads And Banks Must Understand Their Mindset appeared first on The Financial Brand. To engage with millennials, financial institutions must understand their unique needs, leverage technology and offer tailored advice and products.

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Gen Z Credit Card Use is Outpacing Millennials’, Amid Financial Stress and Ballooning Debt

The Financial Brand

This article Gen Z Credit Card Use is Outpacing Millennials’, Amid Financial Stress and Ballooning Debt appeared first on The Financial Brand. This article Gen Z Credit Card Use is Outpacing Millennials’, Amid Financial Stress and Ballooning Debt appeared first on The Financial Brand.

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Stressed Millennials Could Use Some Advice on Managing Their Growing Debt

The Financial Brand

This article Stressed Millennials Could Use Some Advice on Managing Their Growing Debt appeared first on The Financial Brand. Millennials are taking on more debt and feeling more stressed, a survey shows. Banks have an opportunity to offer advice, but only if they approach it in the right way.