PYMNTS-MonitorEdge-May-2024

consumer finance

Popular ‘Life Hacks’ Help Gen Z Manage Growing  Financial Stresses
Popular ‘Life Hacks’ Help Gen Z Manage Growing Financial Stresses
May 08, 2023  |  Economy

Navigating the current economic turbulence is a key task for seemingly all consumers now, but members of Generation Z are doing so with their style....

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FinTechs Clear Credit Path for 57% of Subprime Millennials
FinTechs Clear Credit Path for 57% of Subprime Millennials
May 08, 2023  |  Financial Inclusion

With concerns over the banking system dominating the news after the collapse of Silicon Valley Bank and others, it can be easy to lose sight...

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Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
Why Diapers Tell The Story of the Consumer’s Inflation Sentiment 
May 07, 2023  |  Consumer Finance

Did it all start with diapers? WSJ reported this week (May 2) that inflation was a more difficult economic challenge than Jerome Powell, Janet Yellen and others...

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40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds
40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds
May 05, 2023  |  Retail

Inflation has caused competition in retail and grocery to intensify as businesses fight for a smaller and smaller piece of the revenue pie. More than...

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NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
May 05, 2023  |  Fintech Investments

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index...

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Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
May 03, 2023  |  Consumer Finance

For U.S. consumers, the juggling act of which bills to pay — and when — is real. To that end, the loan data from bank...

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73% of Millennials Still Live Paycheck-To-Paycheck But Savings Cushions Are Rising
73% of Millennials Still Live Paycheck-To-Paycheck But Savings Cushions Are Rising
May 03, 2023  |  Connected Economy

As millennials enter new life phases like home ownership and parenthood, those added financial pressures make this high-earning demographic most likely to live paycheck to...

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Uber Eats Leverages Discounting to Maintain Aggregator Usage Amid Inflation
Uber Eats Leverages Discounting to Maintain Aggregator Usage Amid Inflation
May 02, 2023  |  Delivery

As restaurant aggregators push back on inflation-related trade-down, discounts are key to maintaining frequency. Uber Eats, for its part, is making a play for affordability...

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SoFi’s Membership Rosters Surge 46% Year on Year
SoFi’s Membership Rosters Surge 46% Year on Year
May 01, 2023  |  Earnings

SoFi’s latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct...

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