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Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit

PYMNTS

It has been suggested that millennials are averse to having and using credit cards. Millennials are in fact as likely as other generations to have credit cards, with nearly nine out of 10 having at least one card, according to PYMNTS’ latest research. percent of bridge millennials have used BNPL, close to double the average.

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Survey Finds Financial Stress High Among Millennials, Gen Z

PYMNTS

While younger people in the millennial and Gen Z age groups report high levels of stress in a recent survey, the COVID-19 pandemic is not necessarily the main reason for that, CNBC reports. That decline was matched by Gen Z respondents. But finances are a particular point of concern for both generations.

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Can Millennials Revive Call Center Commerce?

PYMNTS

Millennials have long borne the blame for a variety of problems in commerce, including the decline in popularity of diamonds and certain fast casual restaurants. Millennials could be helping to bring new life to call center commerce. Millennials are increasingly seeking access to luxury goods — including relatively affordable items.

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Wells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients

PYMNTS

Millennial-Banking Apps Are Struggling. Chase’s decision to shut down Finn and Wells Fargo’s move to stop adding users for Greenhouse raises the question as to whether there’s really demand from millennials for apps that are separate from a bank’s main offerings. For instance, J.P.

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Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial

PYMNTS

The driving consideration is convenience (a slow cooker liner means clean-up is an eight-second process instead of 15 minutes), which is particularly important as Reynolds is actively working to court the millennial market. Moving On Millennials . However, the focus among millennials is particularly strong.

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Airbnb: How To Win The $1.4T Battle For Millennials

PYMNTS

For example, studies show that one in every five millennials would abandon travel booking processes if their preferred payment method was not offered. Millennials are set to become a significant portion of global travelers (they already are, in fact), so it is critical for platforms to reach them in the channels where they are already.

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Maybe This is Why Millennials Are Attracted to the Startup Life

Bank Innovation

For fintech, millennial consumers are–let’s go with challenging–according to the huge quantities of rigorous data collected on them.