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Wall Street Investors Place Their Bets On Millennials

PYMNTS

When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. billion Long Pond Capital hedge fund, pitched U.S. Horton, which he believes should get a boost as more millennials become first-time homebuyers. homebuilder D.R. In fact, D.R.

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Capital One Joins Effort to Educate Seniors About Online Banking

Bank Innovation

Banks only care about millennials, right? Yesterday Capital One, a leader in digital banking, joined OATS (Older Adults Technology Services) in launching‘“Ready, Set, Bank: Online Banking Made Easy,’” an educational tool designed to increase online banking usage among older adults, enabling them Read More.

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Top News In Payments: Millennials Spend Big On Black Friday; Goldman Investor Day To Focus On Growth Strategy

PYMNTS

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. And Silicon Valley’s Figure Technologies has closed or is near closing $103 million in a Series C funding round. NEW DATA: Millennials Were Black Friday’s Big Spenders In 2019.

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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.

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NEW REPORT: Visa On Arming CUs To Win The War For Millennial Talent

PYMNTS

The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Helping CUs Engage and Retain Millennial Talent . When it comes to careers, millennials are more mission-driven than previous generations. for assistance with its “Digital 2x” initiative.

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Baby Boomers Vs. Millennials: Who Budgets Better When It Comes to Saving?

PYMNTS

There’s no disputing that fact — between saving for retirement to building up capital for a new home or a college education, there’s no shortage of life decisions that revolve around money. When it comes to making decisions about finances, TD Ameritrade’s study concludes millennials’ savings actions to be superior.

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Chinese Millennials May Save Luxury Brands

PYMNTS

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. Capitalizing on the trend, French fashion retailer Louis Vuitton , part of LVMH , launched an eCommerce website in China in 2017.