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Study: Virus Has Sent Most Adult Children To Live At Home

PYMNTS

economy overall , reflecting the importance of the housing market to overall economic growth,” the survey said. One-third of millennials have been laid off due to the COVID-19, and another 42 percent said their pay has been cut, researchers reported. We have a long way to go before we are fully recovered,” he told the network.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Meanwhile, Samsung is tackling the African market ahead of Apple and Android, and Google announces a way to avoid app downloads. Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. Millennials Eschew Bank Mobile Wallets. Miami Transportation To Offer Mobile Payments.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

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Gradifi CEO On Disrupting Student Loan Disruption

PYMNTS

Drilling down a bit, in one study, by Oliver Wyman, 70 percent of college students who earn bachelor’s degrees borrow to get to their alma maters. The burden can be such, said the study, that student loan payments can exceed what it costs to lease a car or own a home. He noted that Gradifi is addressing a few different markets.

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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

Indeed, some 88 percent of consumers don’t see a reason to switch to other financial institutions, according to a recent PYMNTS and Green Dot study. The last such store closed earlier this year in Boston. It also found that nearly 91 percent of consumers say their primary financial institutions meet their needs. Aspiration Results.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

Our own studies show that more than 14 percent of all consumers over the age of 18 living in the U.S. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials. I found that even the early adopters of that strategy, like Target, have seen their market share plateau.

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