Tagged: millennials

November 9, 2025 @ 7:58 pm By Tony Zerucha  |  

In an era shaped by financial meltdowns and record-low trust in large financial institutions, community financial institutions are perfectly positioned to differentiate themselves as important and lasting parts of the communities they serve. Market Mentors helps them do that by focusing on authenticity, accountability, and… Read More

October 29, 2025 @ 11:05 pm By Tony Zerucha  |  

The Interledger Foundation, an organization building and advocating for an interoperable payments network, has released the first report of its three-part Future of Digital Finance Series, titled A Cashless Country and the Future of Banks–Consumer Perspectives. The first annual survey reveals that consumers are split… Read More

October 9, 2025 @ 8:54 am By Tony Zerucha  |  

New research from CodeSignal and Legit finds that consumers grossly underestimate the frequency with which Artificial Intelligence (AI) is used to create the apps and tools they use daily. CodeSignal found that 81% of the developers it surveyed reported using AI-powered coding assistants; 49% used… Read More

August 13, 2025 @ 9:17 am By Omar Faridi  |  

The tax preparation industry is undergoing a transformative period, driven by evolving customer expectations and technological advancements. The J.D. Power U.S. Tax Preparation Satisfaction study provides a look at customer satisfaction among both do-it-yourself (DIY) and professionally advised tax filers. This survey evaluates key performance… Read More

August 1, 2025 @ 11:21 am By Omar Faridi  |  

Gen Z (ages 18-28) is finding adulthood “more expensive than expected.” Facing this, nearly three quarters of them are “taking action to improve their financial health,” according to Bank of America’s (NYSE: BAC) Better Money Habits financial education study (PDF), published today. Key findings from the… Read More

June 11, 2025 @ 2:44 pm By Omar Faridi  |  

Deloitte’s Gen Z and Millennial Survey offers a look at the priorities, concerns, and aspirations of over 23,000 respondents across 44 countries. The report highlights how these generations are navigating a rapidly evolving world, balancing their pursuit of financial stability, meaningful work, and personal well-being…. Read More

May 16, 2025 @ 2:33 pm By Tony Zerucha  |  

A new consumer credit behavior study released by i2c breaks down generational activity while providing direction for service providers. The study asked the following questions: How many cards do consumers have, and how much of their primary card’s credit are they using? What do consumers… Read More

February 14, 2025 @ 2:02 pm By Tony Zerucha  |  

An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trump’s cost-of-living promises as credit debt rises and milestones are delayed, a new report finds. Five out of six do not expect him to reduce their cost of living…. Read More

December 3, 2024 @ 8:09 am By Omar Faridi  |  

Millennials are primed to lead holiday spending as nearly two in three now expect their income will increase in the coming ear. TransUnion’s Q4 2024 Consumer Pulse research study reveals that consumers still most interested in doing their holiday shopping “between Thanksgiving and Cyber Monday.”… Read More

August 18, 2024 @ 4:52 pm By Tony Zerucha  |  

This week, Q2 Holdings, a provider of digital transformation solutions for financial services, announced the release of a new Harris Poll consumer report, The Personal Bank: Delivering personalized experiences across generations. The report reveals that consumers across generations have similar perspectives, behaviors, and preferences about banking…. Read More

June 22, 2024 @ 8:21 pm By Tony Zerucha  |  

Apiture, a provider of digital banking solutions, this week released key findings from a survey of more than 2,000 U.S. consumers conducted with market research and analytics company The Harris Poll. The study finds that although 80% of Gen Z and 75% of millennials have… Read More

June 22, 2024 @ 8:15 pm By Tony Zerucha  |  

Results of a new survey commissioned by Galileo, further illustrate the shifting nature of primacy in financial services. While most consumers, 85%, say they have positive experiences with their primary financial institution, they’re using as many tools or services with other financial providers as they… Read More

November 27, 2023 @ 5:05 pm By Omar Faridi  |  

It’s not just Millennials and Gen Z with do-it-yourself brokerage accounts “driving the trend toward increased use of digital wealth management tools; the digital channel has become central to the client experience for all types of investors, with mobile apps leading the way.” According to… Read More

August 26, 2023 @ 2:42 pm By Tony Zerucha  |  

How strongly one embraces generative artificial intelligence (AI) in their workplace depends on how old they are and what type of workplace one has, new research from personnel agency Robert Half suggests. Overall, 41% believe generative AI will have a positive impact on their career…. Read More

May 27, 2023 @ 4:46 pm By Omar Faridi  |  

As noted in an update from ubank, 80% of financially stressed young Aussies “are experiencing mental health impacts.” According to new YouGov research commissioned by ubank, there are “a number of concerning insights around the ways financial anxiety is impacting the mental and physical health… Read More

April 19, 2023 @ 4:59 pm By JD Alois  |  

More Millennial investors are participating in private equity markets, according to a report, as younger and risk-tolerant investors are seeking to maximize long-term wealth by allocating to higher-returning but higher-risk assets. This makes a lot of sense as public markets have declined, and private firms… Read More

April 2, 2023 @ 5:22 pm By Omar Faridi  |  

Klarna, a global payments provider and shopping service, reveals UK consumers prefer chatting politics, fertility and break-ups than finances, but that’s set to change “with young people feeling increasingly comfortable talking about money with friends and family.” The new findings from Klarna and YouGov’s research… Read More

August 8, 2022 @ 11:58 pm By Omar Faridi  |  

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

May 27, 2022 @ 10:16 am By Omar Faridi  |  

Scalapay, which claims to be one of Europe’s leading Buy Now – Pay Later providers, and Twig, the “next generation” of banking and Web3 green payment infrastructure, recently announced an “exclusive” partnership. This partnership will “allow customers to resell products they have purchased via Scalapay… Read More

April 6, 2022 @ 9:07 pm By Omar Faridi  |  

Plinqit, the “only” savings platform of its kind that pays users for learning about personal finances, has appointed Peter Petras as VP, Sales & Partnerships. Petras’ addition “follows the company’s significant growth as consumer demand accelerates.” Petras joins Plinqit with more than 20 years of… Read More