Millennials

Millennials, also known as Generation Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with 1981 to 1996 a widely accepted definition.

Source: en.wikipedia.org

Young Consumers 70% More Likely to Pay Doctors Digitally
Young Consumers 70% More Likely to Pay Doctors Digitally
January 04, 2023  |  Digital Payments

Looking back at the trends of 2022, digitization of healthcare achieved milestones in how consumers pay for medical treatments, with younger demographic groups taking the...

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Banks Risk Missing Out on Millennials’ Wealth-Building Needs
Banks Risk Missing Out on Millennials’ Wealth-Building Needs
January 04, 2023  |  Digital-First Banking

Digital tools are helping improve financial inclusion for banks in the United States, and many customers use their mobile phones to manage their bank accounts....

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GoLogiq Finalizes $320M Wealth Management Merger With GammaRey
GoLogiq Finalizes $320M Wealth Management Merger With GammaRey
January 03, 2023  |  Acquisitions

GoLogiq and GammaRey have merged to access the Generation Z wealth management market. The companies announced the finalization of the $320 million deal Tuesday (Jan....

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Credit Card Debt Pressures Millennials and Gen-Z Borrowers
Credit Card Debt Pressures Millennials and Gen-Z Borrowers
December 29, 2022  |  Credit Cards

Credit card debt is harder for younger consumers to handle amid the pressures of living paycheck to paycheck.   To that end, the Urban Institute reported that...

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Wearable Healthcare Tech Trend Driven by Millennials
Wearable Healthcare Tech Trend Driven by Millennials
December 27, 2022  |  Technology

Over two-thirds of Generation Z and millennial consumers track their health using wearable heathcare tech. That’s according to findings from “How Digital Has Changed the...

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What is a Super App?
What is a Super App?
December 20, 2022  |  Mobile Applications

A super app is an all-in-one mobile application that provides a wide range of services and functions, allowing users to perform various tasks within the...

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Cracker Barrel Pursues Young Diners With Double Portion of Loyalty
Cracker Barrel Pursues Young Diners With Double Portion of Loyalty
December 02, 2022  |  Loyalty & Rewards

When it comes to attracting young restaurant customers, digital rewards are essential Cracker Barrel said. The restaurant and country store chain, which has more than...

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PYMNTS Intelligence: Leveraging the Credit Union Advantage
PYMNTS Intelligence: Leveraging the Credit Union Advantage
November 30, 2022  |  Credit Unions

Credit unions have a secret weapon that some financial institutions (FIs) may struggle to attain: member satisfaction. CU members have higher-than-average member satisfaction rates, and of those satisfied...

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Digital Wallets Dominate Surge in New Payments Use
Digital Wallets Dominate Surge in New Payments Use
November 29, 2022  |  Payments Innovation

Fifty-nine percent of consumers who tried a new payment method in the past year used digital wallets, making them the most popular new payment method....

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