PYMNTS

APRIL 5, 2019

In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.

Millennials 115

Millennials New York Fintech Cards 115

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials?

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Maybe those millennial futurists don't remember this. Didn't even exist in 2006. Much to my chagrin. When they started in 1995, they sold books.

Apple 65

Apple Millennials Massachusetts FDIC 65

FICO

APRIL 4, 2017

Our fascination with millennials and their like or dislike of credit continues to occupy its fair share of column inches – so much so that a while back I decided to take a look for myself. While the economy has recovered from the great recession, lending still lags the “heyday” of 2005. balances generally increase).

Millennials 63

Millennials US Lending Groups 63

PYMNTS

OCTOBER 30, 2019

The two companies already have a payments partnership, one that involves Walmart MoneyCard program and which launched in 2006. When asked which app consumers first look at when they wake up in the morning, it was either a social media app like Facebook (or Instagram if they are millennials) or text/email to organize and plan their days.

Retail 110

Retail social media Fintech Study 110

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Maine 78