A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may have come in better than expected — economists had been looking for a month-over-month decline...
As budget-strapped consumers look for ways to afford travel this summer, many are seeking discounts for everything from airfare to attractions. Paycheck-to-paycheck consumers want to get out of dodge. PYMNTS Intelligence’s “Summer Travel Special Report,” which drew from a survey of more than 2,200 United...
Consumers were not shy about loading up on the cards in May. The latest data from the Federal Reserve, released Monday (July 8), show that overall, consumer credit rose $11.3 billion in June, far outstripping the $6.5 billion gain on an absolute and annualized basis....
Discover debuted a new overdraft protection tool for its debit card customers. Balance+ offers fee-free discretionary overdraft coverage for day-to-day debit card transactions, according to a Monday (July 8) press release. “With many Americans continuing to live paycheck-to-paycheck, this offering highlights Discover’s continued efforts to...
July 16, 2024
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may have come in better than expected — economists had been looking for a month-over-month decline of 0.3% — but digging into the numbers reveals some […]
July 02, 2024
Since the start of the pandemic, PYMNTS Intelligence has tracked the real impact of inflation, as real wages, adjusted for price increases, have failed to keep pace with sticker shock....
June 27, 2024
As consumers look for ways to make ends meet, many of those who do not have a financial safety net are forced to carry their credit card balances over to...
June 26, 2024
Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans...
July 08, 2024
Discover debuted a new overdraft protection tool for its debit card customers. Balance+ offers fee-free discretionary overdraft coverage for day-to-day debit card transactions, according to a Monday (July 8) press release. “With many Americans continuing to live paycheck-to-paycheck, this offering highlights Discover’s continued efforts to help address overdraft fees — a key customer pain point […]
March 17, 2024
Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial Times (FT), citing comments from...
March 10, 2024
Wendy’s may have backed away from dynamic pricing, but many other eateries are moving ahead. The concept — raising and lowering prices depending on demand — has long been used by...
January 28, 2024
Is earned wage access (EWA) a useful tool for cash-strapped consumers? Or just payday lending going by another name? A report Sunday (Jan. 28) by CNBC examines the rising popularity of these...
