consumer finance

NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
August 29, 2022  |  Consumer Finance

In May 2022, the Federal Reserve released the Economic Well-Being of U.S. Households in 2021, the latest edition of an annual report often used in...

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Inflation Expands Consumer, Merchant Interest in BNPL
Inflation Expands Consumer, Merchant Interest in BNPL
August 26, 2022  |  BNPL

Buy now, pay later (BNPL) services are commonplace in the modern economy, with 60% of consumers using them at one point or another. Retailers are...

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Consumers Stretch Their Spend to Keep Pantries and Wallets Full
Consumers Stretch Their Spend to Keep Pantries and Wallets Full
August 25, 2022  |  Consumer Finance

Inflation fears are altering consumer behaviors in interesting ways. Affluent consumers visit stores frequently in search of bargains, and millennials are taking refuge from high...

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Debit Card Fraud Spotlights FinTech Need for New ‘Money In’ Approach
Debit Card Fraud Spotlights FinTech Need for New ‘Money In’ Approach
August 22, 2022  |  Security & Fraud

Payments fraud is not just a matter of end user vulnerability — the unwitting consumer who clicks on a link or the authorized push payment...

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Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
August 22, 2022  |  Shopping

Smartphones are front and center of the retail conversation in Mexico. Local shoppers use their phones at nearly every point throughout their in-store and online...

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Study Finds Hidden Surcharges Sour Consumers’ Impressions of Merchants
Study Finds Hidden Surcharges Sour Consumers’ Impressions of Merchants
August 19, 2022  |  Credit Cards

In a time marked by sudden change and economic concern, each dollar counts for local businesses. Credit card surcharges are a prevalent cost-mitigation strategy that...

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Visions Federal Credit Union on Building Crypto Literacy
Visions Federal Credit Union on Building Crypto Literacy
August 18, 2022  |  Credit Unions

With 23% of consumers holding crypto in 2022, CUs need to ensure that members understand these products. In the "Credit Union Tracker®," Visions Federal Credit...

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CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
August 17, 2022  |  Credit Unions

Cryptocurrencies’ popularity has soared since their introduction in 2008, achieving record growth last year. PYMNTS’ research shows that the share of consumers who held crypto...

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Dermadry on Utilizing BNPL to Finance Big-Ticket Purchases
Dermadry on Utilizing BNPL to Finance Big-Ticket Purchases
August 11, 2022  |  BNPL

New data shows that 71% of BNPL users making more than $100,000 per year increased their use of BNPL in the last year. In the...

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