article thumbnail

Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. 2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. What is Nuns and Nones?

article thumbnail

The Connected Car: An Extension Of The Consumer’s Home

PYMNTS

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). The biggest driver for the connected car, said Frieden, is recognizing the importance of the millennial market and the technologically-enabled ways that millennials buy what they need. “So, Picture this. It’s snowing. trillion.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

That’s not all, of course. “No The last such store closed earlier this year in Boston. The customers tend to be on the young side — that is, below the age of 35 — which speaks to the focus on sustainability among millennial and younger consumers. “We No one wants to pay bank fees,” Cherny added. Only 6 percent are from L.A.,

Retail 116
article thumbnail

What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. We are tech agnostic,” Winrich said.

Payments 131
article thumbnail

What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

The most effective contrarians, of course, are those whose countervailing opinions are rooted in an intellectually honest framework or set of hypotheses that offer credible support for looking at things through a different lens. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

Cards 169
article thumbnail

Gradifi CEO On Disrupting Student Loan Disruption

PYMNTS

In an interview with PYMNTS’ Karen Webster, Gradifi’s new CEO David Chang — all of a week and a half in his role and a PayPal alum (where he helmed that firm’s Boston office) — said that all too often in conversation with young borrowers, it becomes apparent that debt is steering their career choices. What’s On Offer.

Study 170
article thumbnail

Club Monaco, Pop-Ups And Powering Enhanced Retail Experiences

PYMNTS

A royal celebrity endorsement is, of course, always nice – and certainly a good way to get a brand’s name in print. Efforts in that direction have included things like book readings and panel discussions on a range of topics thought to be of general interest to its affluent, female, millennial/Generation X shopper.

Retail 101