PYMNTS
DECEMBER 13, 2019
It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.
PYMNTS
FEBRUARY 21, 2020
Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.
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PYMNTS
JANUARY 22, 2020
That’s because the largest combined consumer group today — probably one of the largest combined consumer groups in history — consists of millennials and Generation Z. By comparison, 32 percent of Gen Z, 35 percent of millennials and 22 percent of Gen X consumers buy online from the same store. Trust Issues.
CB Insights
JULY 25, 2019
Fintech is often associated with digital tools targeted at tech-savvy millennials. Fintech cos are trying to prevent fraud. Many employers no longer offer traditional pensions the way they used to — in fact, less than 5% of Fortune 500 companies offer pensions to employees today, in comparison with 50% two decades ago.
PYMNTS
SEPTEMBER 30, 2019
trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Marketplaces need to approach fraud and counterfeit protection in new ways as cybercriminal and consumer preferences continue to shift.
PYMNTS
MAY 28, 2019
billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7 Just under $3 billion – or $2.7 billion in 2017. billion in losses around the world last year.
PYMNTS
JUNE 25, 2019
P2P and Millennials. For instance, according to one report from LendEDU , a student loan refinancing company, about 33 percent of millennials had paid for drugs via Venmo — and that was in late 2017. About a fifth, by comparison, had used Venmo for gambling.
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