PYMNTS Intelligence

Three-Quarters of Banks Face Digital Banking Infrastructure Issues

Three-Quarters of Banks Face Digital Banking Infrastructure Issues
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
August 05, 2024  |  Digital-First Banking

The banking industry is experiencing a seismic shift as agile, digital-native FinTechs capture an ever-growing share of the market. Burdened by outdated technology, traditional financial...

READ MORE >
New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
August 05, 2024  |  Consumer Payments

Consumers are interested in options that help them manage their finances better. Many are turning to pay later plans for this reason. Installment plans linked...

READ MORE >
Paycheck-to-Paycheck Consumers More Than Twice as Likely to Use BNPL
Paycheck-to-Paycheck Consumers More Than Twice as Likely to Use BNPL
August 02, 2024  |  Buy Now Pay Later

As shoppers look for financial tools to help them manage their budgets, those who are struggling to make ends meet are more likely to adopt...

READ MORE >
A Global Look at Real-Time Payments Adoption
A Global Look at Real-Time Payments Adoption
August 02, 2024  |  Real-Time Payments

The global demand for real-time payments continues along an upward trajectory. Nations on every continent are taking steps to accelerate transactions for both consumers and...

READ MORE >
More Than Half of US Consumers Use P2P Apps to Send Money
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024  |  Security & Fraud

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns...

READ MORE >
Rewards Drive Mobile Wallet Use for One-Third of eCommerce Shoppers
Rewards Drive Mobile Wallet Use for One-Third of eCommerce Shoppers
August 01, 2024  |  Loyalty & Rewards

Rewards are a stronger draw for digital wallet users shopping via digital channels than those making purchases in person. Get the Full Story Complete the...

READ MORE >
Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
August 01, 2024  |  SMBs

Small businesses represent 99.9% of American firms, yet effectively financing them remains an ongoing challenge. Get the Full Story Complete the form to unlock this...

READ MORE >
New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage
New Data: Germany’s Baby Boomers Flip the Script on Digital Wallet Usage
August 01, 2024  |  Digital Payments

Consumers in Germany are embracing their digital wallets for payments. Nearly half (47%) use them for online shopping for example. Surprisingly, baby boomers and seniors...

READ MORE >
Mass Merchants Capture Two-Thirds of eCommerce Purchases
Mass Merchants Capture Two-Thirds of eCommerce Purchases
July 31, 2024  |  Retail

Consumers are choosing different kinds of sellers when they shop online compared to in stores, with mass merchants winning out in eCommerce while grocers lead...

READ MORE >