November 18, 2009
Insights into Consumer Use of Financial Products: Payoffs from the...
I talked about behavioral economics in my last blog. Some of the top minds in that field are studying how consumers use financial products. They aren’t doing this to provide...
November 07, 2009
Three Problematic Truths About the Consumer Financial Protection Agency Act...
The creation of a new Consumer Financial Protection Agency (“CFPA”) is a very bad idea and should be rejected. The proposal is not salvageable and cannot be improved in substance...
November 07, 2009
The Consumer Financial Protection Agency and the Hazards of Regulatory...
The United States is in the midst of an important debate about how best to protect consumers of financial services and products. The Administration has proposed the creation of a...
November 07, 2009
The Consumer Financial Protection Agency: Sorting the Critiques
Summary The proposal to create a new agency to police consumer financial products has been the subject of much debate Dr. Bar-Gill sorts out and evaluates the different critiques levied...
October 19, 2009
Wim Westerman and Joris Barbas Bios
Wim Westerman is a fellow of the University of Groningen’s Center for International Banking, Insurance and Finance. Wim specializes in treasury management, capital budgeting, and management control in the Netherlands,...
October 18, 2009
What Does the Credit Card Market Have In Common with...
The credit card industry is highly concentrated. Ninety percent of the lending market is controlled by the top 10 issuers, yet there still appears to be fierce competition for balances...
October 16, 2009
SEPA: How Come and What’s Up?
Introduction The Single Euro Payments Area (SEPA) is gradually coming into force. The aim of SEPA is to harmonize the Euro payment market; citizens and corporations in Europe already...
October 15, 2009
Who Owns Mobile Money?
It has long been predicted that the digital revolution will transform the way people pay at their point-of-sale transactions. The end of the cash era could indeed have dramatic consequences,...
October 15, 2009
A Review of Payment Card Economics
The proliferation of payment cards-that is, debit, credit, and prepaid cards-has dramatically changed the way we shop and merchants sell goods and services. Today, payment cards are indispensable in most...
Instant insurance payouts benefit both customers and carriers by enhancing both speed and efficiency, but barriers such as costs and complexity are blocking the way to their adoption — especially for smaller insurers. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explains how insurance companies are jumping these hurdles by collaborating with FinTechs to facilitate instant payments implementation.
Nearly one-third of consumers say they are more interested in buying insurance from their FI than they were three years ago. PYMNTS Intelligence’s latest 33-page study, “Why Consumers Are Looking to Financial Institutions for Insurance,” a collaboration with Franklin Madison, features nine charts that explore how Gen Z and millennial insurance buyers are rejecting the status quo of more traditional sources for insurance.