PYMNTS-MonitorEdge-May-2024

consumer finance

Digital Wallets, Platforms Pave Financial Wellness Path as 2023 Dawns
Digital Wallets, Platforms Pave Financial Wellness Path as 2023 Dawns
January 03, 2023  |  Consumer Finance

January is financial wellness month, spurring consumers to scrutinize their budgets and where their money’s going. And the surging popularity of digital wallets and platforms...

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Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
Paycheck-to-Paycheck Consumers Have Good Credit Scores, Show More Credit Savvy
December 27, 2022  |  Consumer Finance

Characterized by weakened spending power and mounting economic uncertainty, 2022 has been an economic roller coaster. Due to rising costs, growing numbers of consumers spend...

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Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
December 26, 2022  |  Consumer Finance

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found...

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PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
December 23, 2022  |  Credit Unions

By all accounts, American consumers are feeling the economic strain. More than half of Americans earning less than $50,000 annually are now living paycheck to...

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Credit Unions Can Gain Amid Consumers’ Dissatisfaction in a Gloomy Economy
Credit Unions Can Gain Amid Consumers’ Dissatisfaction in a Gloomy Economy
December 21, 2022  |  Credit Unions

Consumers are feeling the impact of high inflation. Prices in October were 7.7% higher than the year before, and though prices have dropped somewhat in...

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What Is the Paycheck-to-Paycheck Consumer?
What Is the Paycheck-to-Paycheck Consumer?
December 20, 2022  |  Consumer Finance

“Paycheck to paycheck” refers to a situation where an individual or household relies on their regular paychecks to meet their expenses and financial obligations, with...

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Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
December 20, 2022  |  Restaurant innovation

The pandemic pushed many restaurants to reduce service or raise prices, which led many consumers to reduce their frequency of dining out. Baby boomers and...

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Can One-Stop Solutions Ease Execs’ Bill Payments Pain?
Can One-Stop Solutions Ease Execs’ Bill Payments Pain?
December 19, 2022  |  Consumer Payments

Recurring inefficiencies that impact both individual bill-payers and companies’ billing and collections teams are weighing heavily on billing executives’ sentiment. PYMNTS’ research finds that 30%...

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Emergency Expenses Threaten Consumers as Savings Rates Decline
Emergency Expenses Threaten Consumers as Savings Rates Decline
December 15, 2022  |  Consumer Finance

Meeting short-term and long-term goals is proving onerous as savings rates decline. But the short term might prove especially hazardous for those of us —...

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