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Do Millennials Trust Bitcoin More than Banks?

Bank Innovation

But do millennials trust that digital currency more than traditional banks? No, a survey released today by venture capital firm Blockchain Capital […]. The rising popularity of Initial Coin Offerings has put digital currency bitcoin more in the public eye, to say nothing of its skyrocketing valuation.

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Capital One Halts BNPL Transactions On Its Cards

PYMNTS

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters reported on Monday (Dec. A PYMNTS survey done in conjunction with PayPal discovered that shoppers liked the BNPL so much, it is a factor in deciding where to shop.

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Banks should know these 5 Traits of Millennial business owners

Abrigo

Everywhere you look, it seems, there are articles about Millennials: Millennial workers, Millennial customers, Millennial homeowners, Millennial voters. And banks and credit unions looking to grow business loan portfolios , especially, can benefit from insights into Millennial entrepreneurs.

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BNPL Is Poised To Light Up The COVID Holidays With Affordability

PYMNTS

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Based on two surveys of nearly 15,000 U.S. percent of bridge millennials.”

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Millennials Give Banana Republic A Big Thumbs-Down

PYMNTS

Plagued for the last several years by complaints about clunky styling, the latest RBC Capital Markets survey indicates that Banana Republic’s data would best be represented by the sound of 505 young women vomiting. We think repairing Banana Republic will be a longer battle,” wrote RBC Capital Markets Analyst Brian Tunick.

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Baby Boomers Vs. Millennials: Who Budgets Better When It Comes to Saving?

PYMNTS

There’s no disputing that fact — between saving for retirement to building up capital for a new home or a college education, there’s no shortage of life decisions that revolve around money. When it comes to making decisions about finances, TD Ameritrade’s study concludes millennials’ savings actions to be superior.

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Cleo Raises $44 Million In Series B For Digital Financial Adviser Platform

PYMNTS

The round was led by EQT Ventures and joined by existing investors Balderton Capital, LocalGlobe and SBI. Its platform, which has 4 million Gen-Z and millennial users, provides customers with insight into their finances and data to make financial decisions. A PYMNTS survey in late March showed that 45.4 The survey showed 69.3