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China’s Millennials Willing To Take On Debt

PYMNTS

Along with being largely more tech-savvy, educated and affluent than previous generations, Chinese millennials were also raised in a time of relative stability and affluence in the nation. By then, Chinese millennials could account for about 53 percent of total consumption spending. Chinese millennials are taking on debt 18.5

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Matchmaking Millennials To The Experiences They Desire

PYMNTS

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently. BB: Yes, exactly.

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Why Pride Vendors Are Forgoing Cash For mPOS

PYMNTS

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Customers] recognize the reader [I use],” Kim said.

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

This week, I’m compelled to offer a few thoughts that go against the grain on several topics that made the news last week: Amazon’s NY HQ2 , card interchange fees and Facebook ad revenue. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials. Card Networks Want to Raise Their Prices.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

The Department of Transportation will use the back-end support of Cubic Transportation and, in collaboration with Passport, will change the EASY Card revenue management system to allow travelers to buy fares using contactless, check balances on the cards, view account history and manage accounts through a new app.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

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The Connected Car: An Extension Of The Consumer’s Home

PYMNTS

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). The biggest driver for the connected car, said Frieden, is recognizing the importance of the millennial market and the technologically-enabled ways that millennials buy what they need. “So, Picture this. It’s snowing. trillion.”.