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How community banks can help young homebuyers

Independent Banker

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. Click to enlarge.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The move toward a connected car ecosystem includes the potential use of digital license plates on vehicles — an effort that has now spread to Michigan. The plates reportedly will cost Michigan drivers either $499 or $799, depending on the model; that cost does not include installation. Security and Marketing. Smart Cities Rise.

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As Gap Joins thredUP, Resale Continues Its Momentum

PYMNTS

The resale market is turning out to be one of the hottest trends of the young new year. The overall resale market in the U.S. Gen Z owns the most resale items, while millennial closets mix traditional mall and emerging brands. After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

April Clobes , CEO of Michigan State University Federal Credit Union , has made it mandatory for activities involving the “four C’s” – Coach, Collaborate, Create, Connect (culture activities) – to be done in person. Financial institutions are working hard to create schedules and events to make their office more of a destination.

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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

As a result of our continued strong performance, market share growth and the expectation of sustained trends in food-at-home consumption for the remainder of our fiscal year, we are raising our full-year 2020 guidance,” said Kroger’s Chief Financial Officer Gary Millerchip. billion since March.”. "As households and 70 percent of Canadians.

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Chatbot Tracker: Pizza, Fashion & Cloud Computing

PYMNTS

Domino’s has been known for its strong digital ordering initiatives, but this one may make ordering even easier, especially for millennials. So, if you’re looking to explore this crazy chatbot world, there are resources, including basic tips for marketing through chatbots , as well as what not to do for your business. Happy botting!

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What Is Powering The Emerging Pawnaissance?

PYMNTS

We believe large gaps remain in the state-regulated credit market and more credit challenged consumers will have the most difficult time moving forward with HB 123 products,” Axcess Financial President Doug Clark told the Cincinnati Enquirer earlier this year when the law went into effect.

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