PYMNTS-MonitorEdge-May-2024

consumer finance

Senators Reintroduce Bill to Preserve Freedom of Payment Choice
Senators Reintroduce Bill to Preserve Freedom of Payment Choice
June 24, 2022  |  Regulation

U.S. Sens. Bob Menendez (D-N.J.) and Kevin Cramer (R-N.D.) have reintroduced the Payment Choice Act, a bill they first pushed forward about a year ago,...

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The Data Point: Chains Take the Cake With 60% of Restaurant Consumers
The Data Point: Chains Take the Cake With 60% of Restaurant Consumers
June 23, 2022  |  Data

There are folks who prefer quick-service restaurants (QSRs) to independent eateries, while others can’t say no to a five-course meal with fine tableside service. It...

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Soaring Logistics Costs Threaten Main Street Business Profits, Optimism
Soaring Logistics Costs Threaten Main Street Business Profits, Optimism
June 21, 2022  |  Supply Chain

Getting goods from point A to point B has become a real threat to margins. Particularly for the Main Street small to midsized businesses (SMBs)...

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Debit Holds Edge Over Credit as Economy Sours
Debit Holds Edge Over Credit as Economy Sours
June 21, 2022  |  Payment Methods

In times of turmoil, when the economy wreaks havoc with household budgets, visibility into cash flow becomes king. No surprise, then, that debit, as a...

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PYMNTS Intelligence: Offering Gig Workers Competitive Payment Options
PYMNTS Intelligence: Offering Gig Workers Competitive Payment Options
June 21, 2022  |  Consumer Payments

Among the shifts that have emerged in consumer behaviors in response to the pandemic, the growth of the gig economy and the accelerated adoption of...

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Report: Merchants Accept Crypto at Checkout Despite Investment Value Decline
Report: Merchants Accept Crypto at Checkout Despite Investment Value Decline
June 20, 2022  |  Cryptocurrency

Consumer interest in cryptocurrency is on the upswing. The percentage of consumers who held crypto at some point during the year rose to 23% in...

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Debit Cards Are US Consumers’ Favorite Payments Go-To
Debit Cards Are US Consumers’ Favorite Payments Go-To
June 20, 2022  |  Consumer Finance

Consumers’ adoption of new payment methods follows the same pathway to general acceptance as many new products. After launch and initial promotion, word of mouth...

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Report: Freelance Tech Talent Follows Faster Digital Payments
Report: Freelance Tech Talent Follows Faster Digital Payments
June 17, 2022  |  Consumer Payments

As consumers face increasingly constrained personal budgets in the face of growing economic pressures, many have turned to gig work as a secondary income source,...

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Kroger Leverages Data Analytics in the Fight Against Inflation
Kroger Leverages Data Analytics in the Fight Against Inflation
June 16, 2022  |  Earnings

For today’s grocers, rapid food inflation may be the most significant headwind, with skyrocketing food prices resulting in many consumers seeking alternatives. Kroger, the United...

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