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One-fifth of consumers consider BNPL to stretch holiday budgets: survey

Payments Dive

Millennials are the most willing age group to consider BNPL to manage holiday spending amid rising prices, according to a Square and Afterpay report.

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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Currently, millennials’ combined financial assets come up to $4.5 trillion in wealth.

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AI/BOTS: AI Bank Tech And Millennials

PYMNTS

Having a malleable thought process when it comes to transforming an industry is something that banks will probably need in order to capture one of the arguably most influential up-and-coming group of consumers in the United States. Census, shared that the number of millennials (75.4 million) had surpassed that of baby boomers (74.9

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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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A Day In The Life Of The Bridge Millennial

PYMNTS

As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers. Bridge millennials are a bit different, however. Bridge millennials engage in 14.1

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A Day In The Life Of The Bridge Millennial

PYMNTS

As in past reports, we collected data from consumers of all ages, incomes and shopping habits, but there were two groups in particular whose behavior caught our attention this year: bridge millennials and super-connected consumers. Bridge millennials are a bit different, however. Bridge millennials engage in 14.1

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The Complexities Of Wooing Bridge Millennials

PYMNTS

Crew, however, is not content to go down without a fight – and now under new management the brand has been making big changes as it tries to hit the reset button. The stated goal, according to new CEO Jim Brett – is for the brand to build back its audience particularly among millennial shoppers. You can’t be one price.