Consumer Spending

FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience

FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Cybersecurity

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

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Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
November 16, 2022  |  Retail

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short...

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Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
November 16, 2022  |  Retail

Consumers spent more last month than some observers expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to...

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TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
November 16, 2022  |  Retail

Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. Get...

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Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
November 16, 2022  |  Economy

Americans are heading into the holiday shopping season spending more on essentials like food and gas, as well as big-ticket items like cars and discretionary...

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NY Fed: Household Debt Climbs to $16.5T
NY Fed: Household Debt Climbs to $16.5T
November 16, 2022  |  Debt

New data from the Federal Reserve Bank of New York shows American household debt continuing to climb, with credit card balances jumping at their largest...

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Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
November 16, 2022  |  Subscriptions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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