Tag: Baby Boomers

Explore how baby boomers are influencing the payments and banking sectors, driving demand for digital banking services while maintaining preferences for traditional financial products and services.

Think Big: Understanding How Digital Payments Can Transform Claim Experiences

Insurance Fraud: Not a Problem for Younger People

by Tom Nawrocki

September 9, 2025

Younger people are far more likely to consider committing insurance fraud than older generations, a finding that aligns with other ...

commercial card, Allpay ClearBank Prepaid Payments, wealth transfer

How Banks Can Capture the Wealth Transfer from Boomers to Gen Z

by Tom Nawrocki

June 20, 2025

As we stand at the gates of the world’s greatest generational wealth transfer, from the Baby Boomers down to their ...

debit card increase, Fund Startup with Credit Cards, NAFCU Credit Card Spending Rise

Memorized Card Numbers Linked to Increased Spending, Debt

by Tom Nawrocki

April 18, 2025

Whether by design or sheer repetition, many consumers have memorized their debit or credit card numbers. That may be a ...

Should Boomers Factor Into a Digital Banking Strategy?

by Wesley Grant

October 22, 2024

Financial institutions have customer bases that span multiple generations. While baby boomers are financially well-established and open to adopting new ...

What Generation Redeems Gift Cards Online?

by PaymentsJournal

September 20, 2024

As digital commerce continues to grow, the use of gift cards has evolved, with online redemption becoming increasingly popular across ...

Paying by Check: Generational Preferences

by PaymentsJournal

July 28, 2023

Paying by check may seem outdated in our increasingly digital age, but it remains a secure and reliable payment method ...

What Generation is Applying for Credit Cards?

by PaymentsJournal

July 7, 2023

Credit cards have become an essential financial tool for the modern generation. While applying for a credit card may seem ...

Demographics Point to Younger Users in Debit

by PaymentsJournal

June 9, 2023

Debit usage has become increasingly popular in recent years, with more and more people choosing it over credit when making ...

How Consumers—from Boomers to Gen Z—Prefer to Pay Bills

by PaymentsJournal

April 25, 2023

ACI Worldwide's recent ACI Speedpay Pulse report reveals a significant transformation in consumer preference for mobile payment options across generations, ...