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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits. Those are the 47 million U.S.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Money management tools are helping people stay independent .

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Target Invites Third-Party Sellers To Its Website

PYMNTS

By comparison, the hurdles to become a third-party seller are lower on Amazon and Walmart; on those sites, sellers ask for approval to sell through an application. Customers, however, are still said to get a 5 percent discount with a Target credit card as well as free shipping. .

Branding 101
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America’s Expanding Debt Footprint (And What It Really Means)

PYMNTS

“This level of debt is more manageable than it was at the time of the financial crisis because of those income numbers. And while there has been some slight uptick in default in sub-prime auto borrowers, when you look at default rates as a whole, they are looking very favorable in comparison to long-term history.”

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P2P Payments Find Fresh Fuel As The 2020s Loom

PYMNTS

This newest P2P offering follows last year’s move by Venmo to add an option to make an instant transfer through a debit card, which would get the money to a bank account in minutes for a 1 percent fee, with a minimum of 25 cents and a maximum of $10. About a fifth, by comparison, had used Venmo for gambling. Zelle Trends.

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How Mobile Apps Are Tapping Into Gas Prices, Payments

PYMNTS

Almost half – 43 percent of high-income millennials – said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings, according to the PYMNTS Paying At The Pump report. How are gas apps from both gas stations and comparison services tapping into this demographic, along with the overall market?

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