Millennial news and trends

T.J. Maxx Thrives as Bed Bath & Beyond Exits and Gen Z, Millennial Shoppers Drive...
Retail // May 18, 2023

Amid reports of struggling sales among other retailers, T.J. Maxx has benefited from the growing interest and support of Gen Z and millennial shoppers.  “We continue to attract an outside number of younger customers to our stores, including many Gen Z and millennial shoppers, which...

Grocers Without Strong Online Presence Risk Losing Millennial Shoppers
Retail // April 06, 2023

While 2023 might be the “year of groceries” compared to consumers’ general pullback in eating out, that doesn’t mean the sector has had it easy. Manufacturer price hikes have put small and independent grocers under particular strain, and these grocers are also bearing the brunt of consumers’ inflation concerns.  All...

PYMNTS Intelligence: The Advantages and Challenges of BNPL for Merchants
BNPL // November 25, 2022

Buy now, pay later (BNPL) has taken the retail world by storm, thanks in large part to its impressive array of benefits for merchants and enhanced customer experiences. PYMNTS research found that in 2021, 13.5% of consumers used BNPL services within the prior year, and another 44.7% know that...

FinTech Partnerships Pave Path for Branchless Banking
Digital Banking // October 06, 2022

The successful digital bank offers more than banking cloaked in an online wrapper. Treasury Prime Vice President of Banking Jeff Nowicki, Emprise Bank Senior VP of Innovation and Development Emily Reisig and Zeta CEO Aditi Shekar told PYMNTS that the branchless approach has the potential...

Interviews & Exclusives
FinTech Partnerships Pave Path for Branchless Banking

October 06, 2022
The successful digital bank offers more than banking cloaked in an online wrapper. Treasury Prime Vice President of Banking Jeff Nowicki, Emprise Bank Senior VP of Innovation and Development Emily Reisig and Zeta CEO Aditi Shekar told PYMNTS that the branchless approach has the potential to open up new opportunities to both traditional banks and […]

New Data: Consumers Want Banks To Use Location Data To Keep Accounts, Transactions Fraud-Free

November 30, 2020
Smartphones have become a ubiquitous part of life for consumers around the globe. They use their mobile devices for everything from checking the weather to posting on social media to...

NEW REPORT: Millennials Raise Credit Unions’ Innovation Bar

May 15, 2018
In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain...

NEW REPORT: Bank Of The West Takes On Innovation’s Wild West

August 16, 2017
If the past month is any indication, the digital banking space could be getting even more competitive, as newer players gain capabilities to compete on the same footing as traditional...

Quick Reads
Afterpay Creates Incentives For Users To Pay On Time

July 23, 2020
Payments company Afterpay, which works in the buy now, pay later (BNPL) space, is rolling out a new feature called Pulse to help reward those who make payments on time, a press release says. The release says the new program is meant to incentivize those who make payments on time and “choose to spend responsibly,” […]

Uber Co-Founder Kalanick Supports Expansion Of 3D-printed Hotel

February 10, 2020
Uber co-founder Travis Kalanick is joining other investors in funding the expansion of the 3D-printed hotel concept Habitas, the Financial Times reported on Sunday (Feb. 9). An idea hatched at the...

Millennials Lose More Money To Scams Than Seniors

March 02, 2018
Millennials are apparently reporting losing money to fraud more often than seniors. But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade...

PayKey Launches Smart Mobile Payments Keyboard

October 20, 2017
Mobile banking startup PayKey, which offers a smartphone keyboard designed for millennial banking customers, has raised $10 million in Series B funding, bringing its total raised to $16 million. According...