Millennials

Millennials, also known as Generation Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with 1981 to 1996 a widely accepted definition.

Source: en.wikipedia.org

Telehealth Goes Mainstream as 6 in 10 Boomers Embrace Trend
Telehealth Goes Mainstream as 6 in 10 Boomers Embrace Trend
December 08, 2023  |  Healthcare

The healthcare industry is undergoing a digital transformation, with telehealth services gaining popularity among consumers of all ages. Even baby boomers, often stereotyped as resistant...

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Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile Wallets

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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Gen Z Tops Millennials on Social Media Shopping and Spending
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023  |  Social Commerce

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to...

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Millennials Lead in Reimbursements Received as Instant Business Expense Payouts Surge
Millennials Lead in Reimbursements Received as Instant Business Expense Payouts Surge
December 05, 2023  |  Faster Payments

With the advent of digital payments, instant reimbursements have gained popularity, providing employees with convenience and quick access to funds. However, there is still a...

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BIS Report: BNPL Plans Pose Risks and ‘Warrant Monitoring’
BIS Report: BNPL Plans Pose Risks and ‘Warrant Monitoring’
December 04, 2023  |  BNPL

Buy now, pay later (BNPL) plans have been marked by higher delinquency rates even as growth and enthusiasm for those payments offerings have soared, the...

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Millennials Want Payments Security in Their Retail Subscriptions
Millennials Want Payments Security in Their Retail Subscriptions
December 01, 2023  |  Subscriptions

Younger consumers have spent their formative years online, and they’re inclined to share details and information about themselves across digital channels. That comprises personal information...

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Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
December 01, 2023  |  Safety and Security

In today’s digital age, security is a top concern for consumers, especially when it comes to financial transactions, regardless of their frequency — be it...

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4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
November 30, 2023  |  Subscriptions

Online stores are seeing a big boost from retail subscriptions as the convenience and tailored experiences offered by digital retail subscriptions lead to a drop...

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Lack of Split-Pay Option May Cost Merchants 22% of Customers
Lack of Split-Pay Option May Cost Merchants 22% of Customers
November 30, 2023  |  Payment Methods

Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to...

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