PYMNTS Intelligence

Property Management Report Shows Over Half of Tenants Pay Rent Online
Property Management Report Shows Over Half of Tenants Pay Rent Online
August 09, 2024  |  Faster Payments

In the expansive rental market, where more than 34% of Americans make monthly payments, traditional methods like paper checks and wire transfers are proving inefficient....

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Gen Z Uses Grocery Subscriptions 133% More Than Gen X
Gen Z Uses Grocery Subscriptions 133% More Than Gen X
August 08, 2024  |  Consumer Insights

As online grocery subscriptions gain in popularity, Generation Z is leading the charge by a considerable margin. By the Numbers PYMNTS Intelligence’s “How the World...

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GenAI Tools Show Promise of Reducing Payments Fraud by 85%
GenAI Tools Show Promise of Reducing Payments Fraud by 85%
August 08, 2024  |  Artificial Intelligence

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Conventional rules-based systems, relying on...

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US Interest in Pure-Play eCommerce Drops 28% in 3 Years
US Interest in Pure-Play eCommerce Drops 28% in 3 Years
August 07, 2024  |  Retail

As the early stages of the pandemic become more distant history, consumers are becoming less and less interested in purely digital retail journeys.   By...

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Fed Data Shows 9.1% of Credit Card Balances Hit Delinquency Status This Year
Fed Data Shows 9.1% of Credit Card Balances Hit Delinquency Status This Year
August 06, 2024  |  Consumer Finance

Delinquency rates are unchanged, at least in the second quarter. But debt is still rising, indicating the pressures of recent and continued spending on credit...

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86% of Shoppers Don’t Want In-Store Voice Assistants
86% of Shoppers Don’t Want In-Store Voice Assistants
August 06, 2024  |  Consumer Insights

Consumers may be beginning to use voice artificial intelligence (AI) assistants for online shopping, but they would like to keep this technology out of brick-and-mortar...

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8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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53% of Grocery Shoppers Are More Loyal to Merchants Than Products
53% of Grocery Shoppers Are More Loyal to Merchants Than Products
August 05, 2024  |  Consumer Insights

As consumers weigh a wide range of factors when deciding where to make purchases, PYMNTS Intelligence finds that grocery shoppers tend to be motivated by...

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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...

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