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May 23, 2023

On the wires

Millennials and Gen Z Consumers Believe Current Economic Environment Is Hurting Their Ability to Be Financially Independent Adults

Business Wire

"Nearly 70% of Gen Z and millennial1 consumers believe the current economic environment is hurting their ability to be financially independent adults and more than 1 in 4 don’t feel optimistic about their current financial situation, according to new research released today by Experian®. The recent economic news and layoffs, however, have spurred 75% of these consumers to focus on their financial health."

June 16, 2022

On the web

Consumers Are Increasing Their Digital Activity Despite Rising Fraud Concerns

Business Wire

“Digital financial transactions have become commonplace in recent years, growing a number of savvy consumers with a heightened awareness of fraud and the role recognition and security tools play in protecting them. Insights from Experian’s annual Global Identity & Fraud Report found that more than half of consumers surveyed globally have been a victim of fraud or know someone who has – where identity theft has surpassed credit card theft as their biggest security worry. Despite these concerns, most consumer respondents say their online activity will increase in the next three months.”

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