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Might Millennials’ Dissatisfaction Hint At Housing Downturn To Come?

PYMNTS

News came this week, as noted across sites such as CNBC , that millennial homeownership has been creeping along. Bankrate polled 1,500 homeowners, and found that 63 percent of millennials say they have regrets about having bought the home they are in. PayPal Lending: Takes off in the U.K. , percent, compared to 11.9

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New Data: Receivers Value Instant Payouts Enough To Pay To Get Them

PYMNTS

Instant payments that enable the 24/7, year-round transfer of tax refunds, benefits, dividend payments and other disbursements could be key to quickly getting them money for much needed purchases within 30 minutes or less. This is in turn driving a need for fresh financial solutions that can help customers pay — and get paid — fast.

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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019

PYMNTS

Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial. China’s Central Bank To Start Re-Lending Funding To Fight Virus. Amazon (And Others) Brace For India’s New eCommerce Tax. India has levied a new tax on eCommerce companies and platforms. The loans will soon be offered on a weekly basis.

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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. Fast Fact No.

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How community banks can help young homebuyers

Independent Banker

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. By Beth Mattson-Teig. So how can community banks help?

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

PYMNTS

And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. But that 42 percent of debt is not divided evenly among consumers — millennials are carrying the vast bulk of it.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year. Those older millennials between the ages of 30 and 40 have earning power, are well-educated and are settling into more stable careers.