PYMNTS-MonitorEdge-May-2024

consumer finance

FinTechs Drive Consumer Financial Well-Being With Enhanced Spend Visibility
FinTechs Drive Consumer Financial Well-Being With Enhanced Spend Visibility
January 29, 2023  |  Consumer Finance

Klarna’s new “Money Story” highlights the importance of reviewing spending patterns. The new feature works like a Spotify-style year in review, but instead of showing...

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Nearly 60% of Restaurants’ Best Customers Cutting Back on Tips
Nearly 60% of Restaurants’ Best Customers Cutting Back on Tips
January 27, 2023  |  Restaurant innovation

Few things are more enjoyable than a pleasant meal at a favorite restaurant, but consumers have had to contend with bigger checks of late, which...

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27 Payments Execs on 2023’s Data-Driven Roadmap
27 Payments Execs on 2023’s Data-Driven Roadmap
January 26, 2023  |  Opinion

It already feels different, and 2023 is just one month old. What can we expect? FinTechs and financial institutions are focused on financial wellness initiatives...

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How Consumers Decide Which Bills Get Paid and Which Bills Get Skipped
How Consumers Decide Which Bills Get Paid and Which Bills Get Skipped
January 26, 2023  |  Consumer Payments

When times get tough, overstretched consumers must sometimes make hard decisions about which bills to pay first — and which ones to leave unpaid. Although it...

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FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
January 25, 2023  |  Innovation

“If the FinTech ‘revolution,’ post-financial crisis, is in its early innings, then embedded finance is in its first inning.” Matthew Valente, head of product strategy at...

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Klarna Augments Core BNPL Business With Growing Financial Wellness Tools
Klarna Augments Core BNPL Business With Growing Financial Wellness Tools
January 25, 2023  |  Personal Finance

Swedish BNPL giant Klarna has added another financial planning tool to enable its core BNPL users to easily track their spending habits. The new ‘Money...

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Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
Incentives and Rewards Driving Consumer Interest in Money-Storing Apps
January 24, 2023  |  Consumer Finance

Nearly 60% of consumers now use money-storing apps, which they use for everything from peer-to-peer (P2P) transfers and retail purchases. Capitalizing on this growing user...

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Credit Unions Take Page From Apple’s Playbook in Solving Member Problems
Credit Unions Take Page From Apple’s Playbook in Solving Member Problems
January 20, 2023  |  Credit Unions

At a time of economic uncertainty — with high inflation rates and 74% of consumers concerned about their personal finances — consumers increasingly want payments...

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Credit Union Data Helps Millennials Improve Financial Health, Attain Wealth
Credit Union Data Helps Millennials Improve Financial Health, Attain Wealth
January 19, 2023  |  Credit Unions

The new year is only a few weeks old. Many of us have set new financial goals as inflation injects uncertainty into daily life. The...

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