What's New With Episode Six

Generation Z's taste for digital payments makes open banking vital - E6

Written by E6 Team | Apr 12, 2019 12:00:39 PM

Generation Z, whose older members are already entering the workforce, is using digital technology more than any other age group ā€” including millennials. Gen Zā€™s preferred digital technologies include P2P and B2C digital payments, as opposed to more traditional payment methods. And further, one-third of the Gen Z consumers polled in the survey have never even used a paper check. This group sends and receives money digitally, uses digital apps to manage their budgets and financial accounts, and rarely steps foot inside a brick-and-mortar branch. Read the full story on PaymentsSource.