PYMNTS-MonitorEdge-May-2024

Generation Z

Chinese Economy Feels Sting of Younger Generation’s Thrifty Ways
Chinese Economy Feels Sting of Younger Generation’s Thrifty Ways
September 19, 2022  |  Consumer Finance

Taking cues from society and social media, young people in China aged 16 to 24 are tucking their money away and going without little luxuries...

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Most Using Subscriptions on the Sly Are Millennial, Gen Z
Most Using Subscriptions on the Sly Are Millennial, Gen Z
September 14, 2022  |  Subscriptions

As the belt-tightening continues across categories, subscription services are seeing slight declines, adding fuel to the fire over subscription “cheaters” who use the services of...

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Credit Union Member Crypto Ownership Lags Other FIs, Still High
Credit Union Member Crypto Ownership Lags Other FIs, Still High
September 12, 2022  |  Cryptocurrency

While a large percentage of credit union (CU) members hold or have held cryptocurrencies, they still lag customers of other financial institutions (FIs). Beyond that,...

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DoorDash Drives Student Memberships, Wooing Tech-Savvy Subscribers
DoorDash Drives Student Memberships, Wooing Tech-Savvy Subscribers
August 25, 2022  |  Subscriptions

In an effort to build enduring relationships with younger consumers, DoorDash is looking to drive adoption of its discounted DashPass for Students offering. The aggregator...

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Millennial Minute: When It Comes to Paying the Doctor, Half Now Use Mobile Wallets
Millennial Minute: When It Comes to Paying the Doctor, Half Now Use Mobile Wallets
August 15, 2022  |  Healthcare Financing

How different demographics handle paying medical expenses today says a great deal about where greater payments volumes are likely headed in the near future —...

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Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
July 14, 2022  |  eCommerce

As restaurants look for ways to drive visits and boost frequency, they are finding that providing a compelling digital experience is key to reaching younger...

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Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
July 13, 2022  |  Digital-First Banking

Uprise, a FinTech which aims to help Gen Z manage money in a “digital family office,” has launched after raising $1.4 million in a seed...

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Study Suggests ‘Subscription Remorse’ May Be Bottoming Out
Study Suggests ‘Subscription Remorse’ May Be Bottoming Out
July 12, 2022  |  Subscriptions

Consumers’ use of retail subscriptions remained relatively stable in May after falling in March.  The average U.S. consumer now has 3.9 retail subscriptions, according to...

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Millennial Minute: Inflation Hasn’t Dampened Younger Customers’ Appetite for Subscriptions
Millennial Minute: Inflation Hasn’t Dampened Younger Customers’ Appetite for Subscriptions
July 11, 2022  |  Subscriptions

Subscriptions are getting a going-over by consumers at a time of high inflation, but cost isn’t always the main consideration for keeping or cancelling, especially...

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