elan

42% of Consumers Volunteer Time, Donate Money to Local Charities
42% of Consumers Volunteer Time, Donate Money to Local Charities
July 28, 2022  |  Consumer Finance

Consumers who donate money to local charities tend to spend more money with local businesses as well. Four out of 10 consumers do volunteer work...

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The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
July 27, 2022  |  Banking

Charity begins at home, as the old saying goes, and that can mean one’s community as well. New data finds a powerful correlation between bank...

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New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
July 22, 2022  |  Consumer Finance

Communities are important to consumers. PYMNTS’ data finds that a financial institution’s (FI’s) lack of support for local charities can persuade one-third of customers to...

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Card Issuer Elan Launches Charitable Giving Program
Card Issuer Elan Launches Charitable Giving Program
February 10, 2022  |  Credit Unions

Card issuer Elan has launched its Across the Country Charitable Giving program, benefiting 50 charities across the United States. The program, announced in a news...

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User Experience Reigns in Credit Card Decisions
User Experience Reigns in Credit Card Decisions
January 03, 2022  |  Credit Cards

A super-low interest rate might seem like the most tantalizing perk to dangle in front of would-be credit card holders, but research shows there are...

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FIs Rethink Credit Card Program Design as Consumers Rethink How They Use Them
FIs Rethink Credit Card Program Design as Consumers Rethink How They Use Them
December 28, 2021  |  Credit Cards

The pandemic fundamentally changed how consumers use credit cards and the long-term profits financial institutions generate from those cardholders. Consumers allocated some of their stimulus...

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Consumers Consider as Many as Six Factors When Choosing Credit Card 
Consumers Consider as Many as Six Factors When Choosing Credit Card 
December 15, 2021  |  Credit Cards

Credit card issuers are seeking to appeal to today’s discerning consumers in a competitive market. To gain top-of-wallet status, they must excel in providing the...

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65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months 
December 09, 2021  |  Credit Cards

Credit cards are the gold standard for payments in America. Sixty-five percent of the U.S. population — 168 million adults — have made a purchase...

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It Takes More Than Convenience to Woo Credit Card Users
It Takes More Than Convenience to Woo Credit Card Users
December 02, 2021  |  Credit Cards

Consumers want more than just a great interest rate when they choose a credit card issuer, PYMNTS research has revealed. Three out of four consumers...

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