consumer finance

New Data Show Consumers Are Buying Less, Spending More and Changing Habits
New Data Show Consumers Are Buying Less, Spending More and Changing Habits
April 15, 2022  |  Consumer Finance

Consumers are buying less and spending more, according to recent PYMNTS research. The dollar has less buying power, and many consumers are restrict­ing their spending....

READ MORE >
New Study Shows Digital Pickup And Delivery Features No Longer Optional For US Merchants
New Study Shows Digital Pickup And Delivery Features No Longer Optional For US Merchants
April 13, 2022  |  Shopping

In-store and curbside pickup has taken off in the United States, where eCommerce shoppers pick up their online orders four times as much as consumers...

READ MORE >
PYMNTS Intelligence: How Automated Bill Pay Can Help FIs, Billers Foster Customer Growth
PYMNTS Intelligence: How Automated Bill Pay Can Help FIs, Billers Foster Customer Growth
April 12, 2022  |  Faster Payments

The global health crisis required both businesses and consumers to change the way they conducted routine transactions, both with purchasing and bill payments. The pandemic’s...

READ MORE >
FIs Respond to Customer Demand for Better, Seamless Bill Pay
FIs Respond to Customer Demand for Better, Seamless Bill Pay
April 08, 2022  |  Faster Payments

The global health crisis pushed businesses and consumers to turn online when making many routine transactions, including bill payments. However, his shift led both to...

READ MORE >
PYMNTS Intelligence: Overcoming the Challenges of the Money Mobility Ecosystem
PYMNTS Intelligence: Overcoming the Challenges of the Money Mobility Ecosystem
April 05, 2022  |  Disbursements

The number of registered mobile money accounts grew 13% in 2020 to 1.2 billion accounts worldwide — double the expected growth for that period. The...

READ MORE >
Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
Why Half of All High-Income US Consumers Are Feeling the Cash Flow Crunch
April 04, 2022  |  Consumer Finance

Though the immediate threat of the pandemic began to thaw in late February in the United States, mounting inflationary risks weighed on consumers’ economic prospects....

READ MORE >
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
CFPB Extends ‘Junk Fees’ Deadline After Receiving 25,000 Comments
March 28, 2022  |  Regulation

The Consumer Financial Protection Bureau (CFPB) is extending its deadline to submit comments on its public consultation on “junk fees” until April 11. The CFPB...

READ MORE >
New Data Shows BNPL Doesn’t Cannibalize Private Label Credit Cards at Checkout
New Data Shows BNPL Doesn’t Cannibalize Private Label Credit Cards at Checkout
March 28, 2022  |  BNPL

While 52 million United States consumers used buy now, pay later (BNPL) options to make purchases in December 2021, BNPL’s meteoric rise into the limelight...

READ MORE >
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and Travel
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and...
March 17, 2022  |  Consumer Finance

As more consumers venture to dine at restaurants and travel once again, many are sticking with the digital payment habits they developed during the past...

READ MORE >