inflation

27 Payments Execs on 2023’s Data-Driven Roadmap
27 Payments Execs on 2023’s Data-Driven Roadmap
January 26, 2023  |  Opinion

It already feels different, and 2023 is just one month old. What can we expect? FinTechs and financial institutions are focused on financial wellness initiatives...

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PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023  |  Economy

The worst is over for inflation, and the impact of rising prices will recede. Not by a long shot. The long-term perspective tells us otherwise....

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US Grocers Prove More Cautious on Loyalty Rewards Than UK
US Grocers Prove More Cautious on Loyalty Rewards Than UK
January 25, 2023  |  Loyalty & Rewards

As grocers look to maintain shopper loyalty amid inflation, America can learn from the Brits. PYMNTS data reveals that, when it comes to driving shopper...

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Klarna Augments Core BNPL Business With Growing Financial Wellness Tools
Klarna Augments Core BNPL Business With Growing Financial Wellness Tools
January 25, 2023  |  Personal Finance

Swedish BNPL giant Klarna has added another financial planning tool to enable its core BNPL users to easily track their spending habits. The new ‘Money...

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Gen X Grocery Shoppers Most Aggressive in Money-Saving Trade-Downs
Gen X Grocery Shoppers Most Aggressive in Money-Saving Trade-Downs
January 24, 2023  |  Economy

Americans have spent a year cutting costs, and groceries are where much of the scrimping has been focused. The PYMNTS study “Consumer Inflation Sentiment: Perception...

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Grocers Battle for Customer Loyalty Using Real-Time Inventory Tools
Grocers Battle for Customer Loyalty Using Real-Time Inventory Tools
January 24, 2023  |  Loyalty & Rewards

Customers aren’t going to shop with merchants that don’t have the items they need. Even as inflation ebbs worldwide and supply chains pick back up,...

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Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
January 24, 2023  |  Credit Cards

Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. PYMNTS data found that paycheck-to-paycheck consumers are more than three times...

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J&J Earnings Show Even Pharmaceuticals See Consumer Trade-Down Amid Inflation
J&J Earnings Show Even Pharmaceuticals See Consumer Trade-Down Amid Inflation
January 24, 2023  |  Earnings

As consumers rein in their spending amid rising prices, even their medical purchases are affected. On a call with analysts Tuesday (Jan. 24) discussing the...

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Restaurants Refuse to Scrimp on Taste Even as Inflation Forces Cutbacks
Restaurants Refuse to Scrimp on Taste Even as Inflation Forces Cutbacks
January 23, 2023  |  Restaurant innovation

As restaurants seek to cut costs, PYMNTS data shows most prioritize maintaining food quality. A Word from Insiders Even the brands touting low menu prices...

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