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Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. In 2013, at the peak, the area added more than 102,000 residents.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Spin Master Entertainment’s Paw Patrol animated series, which launched in 2013, is still a hit as well. That’s not all.

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Hispanic Millennials A Top Target For Mobile Wallet Players

PYMNTS

The Hispanic Millennial Project has found some patterns in the use of mobile payments technologies among this demographic. 2) said the research initiative revealed that Hispanic millennials, those aged 18–34, are embracing mobile payments technology. For example, foreign-born Hispanic millennials are more interested than their U.S.-born

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PYMNTS Daily Data Dive: Millennials Eschewing Credit Cards

PYMNTS

Among the Millennial generation, the level of credit card debt is at its lowest level since 1989, when data collection began. There are plenty of reasons for Millennials to avoid credit cards, including historic levels of student loan debt. But dig deeper into the numbers and you’ll find cause for concern.

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Millennials Vs. Baby Boomers: When Does The ‘Cashless Society’ Begin?

PYMNTS

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

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Millennials Vs. Baby Boomers: Raise A Glass To Purchasing Preferences

PYMNTS

This is also the case for the drinking habits of millennials vs. baby boomers. According to PYMNTS research, millennials of drinking age drank 42 percent of the wine that was drunk in 2015, with the average millennial downing just over three glasses in a sitting. Either way, millennials want their beverages to speak to them.

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P2P Payments’ Rising Appeal Beyond Millennials

PYMNTS

adults age 65 and older own smartphones — a significant jump from the 42 percent who owned them in 2016 and the 18 percent who did so in 2013. A survey conducted earlier this year found 53 percent of U.S. In a survey by Zelle, more than half of first-time P2P service users were at least 45 years old.