Community Exercises Management Millennials 
CB Insights
SEPTEMBER 4, 2019
Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.
CB Insights
MARCH 26, 2019
Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.
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PYMNTS
FEBRUARY 19, 2020
Depending on how one defines the terms “weight management” or “weight loss services,” the industry is projected to be valued at $21 billion on the low end up to $443 billion on the high end by the year 2025. Noom is an app-based method for tracking calories and activity.
Gonzobanker
APRIL 3, 2019
It’s not a “Millennial thing.” Rework management accounting and resource allocations to reflect real production value instead of traditional profits and losses, which often treat marketing, contact centers and information technology as cost centers. About one-third of community banks are planning to add or replace this technology.
FICO
DECEMBER 20, 2018
The annual exercise of staring into our crystal balls and making predictions for the coming year has begun. Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. small-dollar lending market.
FICO
AUGUST 19, 2022
According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. Fighting back against the FinTech disruption isn’t an exercise in total war – it’s about carefully picking one’s battles. There is opportunity for banks to help these consumers more effectively manage these loans.
CB Insights
SEPTEMBER 24, 2018
Notably, millennials are more lifestyle-focused, placing a greater value on health and wellness over material goods than ever before. According to Eventbrite data, 78% of millennials would choose to spend money on a desirable experience over buying physical goods. Meet Maya, our hypothetical wellness-focused millennial consumer.
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