PYMNTS Intelligence

Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. Get the Full Story Complete the form to unlock this...

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Grocery Shoppers’ Budget Strategies May Outlast Inflation
Grocery Shoppers’ Budget Strategies May Outlast Inflation
December 08, 2023  |  Consumer Finance

When household finances are tight, consumers use various strategies to manage their budgets and make ends meet. This behavior applies to every spending category, from...

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The AI Revolution in Retail: Opportunities and Risks
The AI Revolution in Retail: Opportunities and Risks
December 08, 2023  |  Artificial Intelligence

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile Wallets

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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More Than Half of Gen Zs Would Rather Spend Money Than Save Money
More Than Half of Gen Zs Would Rather Spend Money Than Save Money
December 07, 2023  |  Personal Finance

Living paycheck to paycheck continues to be a predominant financial lifestyle in the United States, with millions of consumers grappling with the difficulty of setting...

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Nearly 60% of Freelancers Will Pay for Instant Payouts
Nearly 60% of Freelancers Will Pay for Instant Payouts
December 07, 2023  |  Disbursements

Consumers facing financial difficulties are more willing to pay for faster access to their wages.  Get the Full Story Complete the form to unlock this...

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Dating Subscriptions Begin to Threaten Users’ Loyalty as Apps Drive Monetization
Dating Subscriptions Begin to Threaten Users’ Loyalty as Apps Drive Monetization
December 07, 2023  |  Subscription Commerce

As dating apps look to monetize more and more parts of the user experience, many young consumers are reportedly growing frustrated.   Get the Full Story...

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Over 40% of Retailers Cite Talent Gap as Key Barrier to AI Adoption
Over 40% of Retailers Cite Talent Gap as Key Barrier to AI Adoption
December 07, 2023  |  artificial intelligence

From eCommerce to mobile payments, the fast-paced retail industry thrives on emerging technologies. Enter generative artificial intelligence (AI) — an evolution that places retail at...

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Gen Z Tops Millennials on Social Media Shopping and Spending
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023  |  Social Commerce

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to...

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