Consumer Spending

CFPB Probes Big Five Buy Now, Pay Later Providers Over Data Use, Debt Accumulation

CFPB Probes Big Five Buy Now, Pay Later Providers Over Data Use, Debt Accumulation
CFPB Probes Big Five Buy Now, Pay Later Providers Over Data Use, Debt Accumulation
December 17, 2021  |  BNPL

The Consumer Financial Protection Bureau (CFPB) opened on December 16 an inquiry into Buy Now, Pay Later (BNPL) to better understand the risks and benefits...

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Report: More Than Half of UK Card Payments Are Contactless
Report: More Than Half of UK Card Payments Are Contactless
December 16, 2021  |  Payment Methods

Contactless payments accounted for more than half of all U.K. card transactions in September, according to a new report from the trade association UK Finance....

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Steps to Simplifying Checkout, November Retail Sales Slump
Steps to Simplifying Checkout, November Retail Sales Slump
December 16, 2021  |  Today In Data

PayPal is relying on trust, choice, ease and fast approvals to streamline the online checkout process. Plus, a dip in department store and electronics purchases...

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Retail’s Touch and Go Holiday Hinges on Paycheck-to-Paycheck Consumer 
Retail’s Touch and Go Holiday Hinges on Paycheck-to-Paycheck Consumer 
December 15, 2021  |  Retail

The latest reading on retail sales numbers show that the Grinch is creeping into the room — in the form of inflation — threatening to...

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PYMNTS’ Main Street Merchant Index Shows Deep Divide Between Winners, Losers
PYMNTS’ Main Street Merchant Index Shows Deep Divide Between Winners, Losers
December 14, 2021  |  SMBs

Main Street businesses are enjoying a strong, if incomplete, recovery from the pandemic’s ongoing economic impacts, according to The Main Street Index, a PYMNTS and...

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Consumer Ridesharing Spending Expected to Reach $937B by 2026
Consumer Ridesharing Spending Expected to Reach $937B by 2026
December 14, 2021  |  Ridesharing

Consumer ridesharing spending around the world is expected to be over $937 billion by 2026, according to a Juniper Research press release. Get the Full...

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JPMorgan Chase Card Payments Set Record During Cyber Weekend
JPMorgan Chase Card Payments Set Record During Cyber Weekend
December 14, 2021  |  Consumer Payments

J.P. Morgan Chase & Co. set a new daily record for processing card payments during last month’s Cyber Weekend, one sign that shoppers are willing...

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With 10 Shopping Days Till Christmas, Consumers’ Delivery Expectations Are Unbending
With 10 Shopping Days Till Christmas, Consumers’ Delivery Expectations Are Unbending
December 14, 2021  |  Retail

10…  9….   8….   Who doesn’t love the drama of a good countdown clock — which, in the parlance of NASA, now stands at...

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