consumer finance

New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
July 29, 2022  |  Consumer Finance

With prices increasing at the fastest rate since 1981, Americans are feeling the pinch. PYMNTS’ data reveals that 86% of United States consumers believe they...

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As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
July 26, 2022  |  Retail

Walmart’s profit warning on Monday (July 25) sent shockwaves through already jittery markets, in effect confirming new PYMNTS research showing that over half of U.S....

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As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems
July 22, 2022  |  Consumer Finance

Inflation continues to rear its ugly head, but PYMNTS’ data finds that some aspects of consumer spending — such as the share of consumers in...

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New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
July 18, 2022  |  Consumer Finance

Modern life is complex — and consumers want an app for that. Recent research reveals that most consumers in Australia, Germany, the United Kingdom and...

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BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
July 14, 2022  |  Point of Sale

Working capital and unsecured consumer loan company BHG Financial has launched the point-of-sale (POS) financing solution NaluPay to provide merchants with the ability to offer...

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More Consumers Grow Weary of the Unbundled Bank
More Consumers Grow Weary of the Unbundled Bank
July 13, 2022  |  Banking

American consumers have embraced financial services’ ongoing digital transformation and the multiple payment options at their disposal. Because it has become so easy for consumers...

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NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
NEW DATA: Increasing Number of Credit Union Members Drawn to More Innovative Banking Alternatives
July 12, 2022  |  Credit Unions

Credit unions (CUs) and financial institutions (FIs) are making more of an effort to understand how innovative technologies like cryptocurrency, blockchain and peer-to-peer (P2P) payments...

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Will Walmart+ Members Show Up for Amazon Prime Day?
Will Walmart+ Members Show Up for Amazon Prime Day?
July 11, 2022  |  Retail

Walmart and Amazon command colossal subscriber bases that turn their annual flagship sales events into some of the most anticipated shopping affairs of the year....

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Paycheck-to-Paycheck Consumers Turn to Loans as Savings Safety Nets Fray
Paycheck-to-Paycheck Consumers Turn to Loans as Savings Safety Nets Fray
July 05, 2022  |  Consumer Finance

Personal savings serve key purposes, chief among them as a financial safety net. But runaway inflation has started to eat away at consumers’ cash reserves,...

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