PYMNTS-MonitorEdge-May-2024

consumer finance

Consumers’ Inflation Perception and Government Data Are Miles Apart
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023  |  Economy

When it comes to inflation, consumers may be a more accurate barometer than government statistics. In a series of studies, PYMNTS has consistently found disagreement...

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Finance App Anyfin Raises $30M as Consumers Tighten Belts
Finance App Anyfin Raises $30M as Consumers Tighten Belts
January 18, 2023  |  Investments

Swedish loan refinancing app Anyfin is reportedly looking to expand after raising $30 million. The funding will allow Anyfin to broaden its offering and expand...

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For a Growing Number of Consumers, Mobile Wallets Fit the Bill
For a Growing Number of Consumers, Mobile Wallets Fit the Bill
January 18, 2023  |  Mobile Wallets

With nearly every adult consumer carrying some type of smartphone, digital wallets are an increasingly viable alternative payment method at the point of sale (POS)...

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2023 Looms as BNPL’s Banner Year as Consumers Seek Payments Choice
2023 Looms as BNPL’s Banner Year as Consumers Seek Payments Choice
January 13, 2023  |  Buy Now Pay Later

The surging popularity of buy now, pay later has bucked conventional wisdom about installment lending. “At the beginning of the BNPL boom, we heard all...

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Consumers Skeptical of Government’s Inflation Optimism
Consumers Skeptical of Government’s Inflation Optimism
January 10, 2023  |  Consumer Finance

The Bureau of Labor Statistics (BLS) has reported that inflation seems to be cooling, with price increases for fresh meat and vegetables slowing since Q2...

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BNP Paribas Mulls Consumer Finance Restructuring
BNP Paribas Mulls Consumer Finance Restructuring
January 06, 2023  |  International

BNP Paribas is considering options to restructure its consumer finance department. The French bank has submitted ideas for a major overhaul of the division to...

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Study Finds Growing Consumer Interest in Payment Vaults to Ease Online Checkout
Study Finds Growing Consumer Interest in Payment Vaults to Ease Online Checkout
January 06, 2023  |  Consumer Payments

The ability to use previously stored credentials to make seamless payments has changed modern commerce: Our research found that 80% of consumers have saved their...

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23% of Single-Income Households More Likely to Struggle Paying Bills
23% of Single-Income Households More Likely to Struggle Paying Bills
January 05, 2023  |  Consumer Finance

When trying to manage the inflated prices of 2023, two paychecks are better than one. It doesn’t take a deep knowledge of economics to grasp...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

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