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What Hath Bridge Millennials Wrought To Commerce And Payments?

PYMNTS

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

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How Millennials Shop For Furniture With Direct-To-Consumer Brands

PYMNTS

Millennials value experiences over things, as the familiar digital age adage goes, but sometimes millennials do, in fact, need actual things , such as sofas, beds and tables to furnish their apartments and houses. For starters, these retailers are turning to simple web interfaces that present information in a clear way.

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FinTech Startup Helps Millennials Plan For (And Afford) Their Future Family

PYMNTS

Millennials are using FinTech to pay back their college loans, cover healthcare expenses, and now, through FinTech startup Future Family , to get pregnant. There are plenty of good reasons for that: millennials are getting married later, and having kids is expensive. Kids these days. But the biological clock waits for no woman.

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Apple Says Generative AI Isn’t Good at Math: What It Means to Banks and Credit Unions

Gonzobanker

Six in 10 Gen Zers and millennials, half of Gen Xers, and a third of baby boomers said they’ve received recommendations for at least one of eight financial products. from millennials and 3.9 breaking the word ‘fantastic’ into the syllables ‘fan,’ ‘tas,’ and ‘tic’), tokenization helps AI densely encode information. from Gen Xers.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.

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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

Both secondhand clothing site Poshmark and sneaker exchange StockX are recovering from recent data breaches, which exposed customer information to fraudsters, though no financial information was compromised. An AI-Powered Visual Shopping Experience For Millennials, Gen Z. To learn more, visit the Playbook’s feature story.

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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.