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Are Millennials in Financial Crisis?

Filene

So, when I read articles like the one in MoneyTalk News by Krystal Steinmetz on January 11 called, “ 42 Percent of Millennials Are Engaging in This Risky Financial Behavior ,” my heart truly goes out to the millennials who are struggling financially. How can your credit union meet the needs of millennials?

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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

Millennials are likely to lead the adoption of digital identity tools and expect government services to deliver services digitally as well,” the report said. Idaho, Colorado, Maryland and Washington, D.C. There are already signs that certain government identification forms, such as drivers’ licenses, are going to go digital.

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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

People are using their cards to get from paycheck to paycheck,” said Charles Peabody, managing director at the Washington-based investment group Compass Point, according to a report in The Financial Times. In fact, earnings results show that the four largest U.S.

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Opening Up Mortgages For Gig Workers

PYMNTS

Gig workers have gone from a sliver of the economy to a bonafide force, powered by platforms like Uber , Lyft and Fiverr , not to mention a generation of millennials who had the misfortune of entering the workforce during the Great Recession and resultant unemployment wave. That’s the bad news.

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