PYMNTS-MonitorEdge-May-2024

consumer finance

New Data Shows BNPL Doesn’t Cannibalize Private Label Credit Cards at Checkout
New Data Shows BNPL Doesn’t Cannibalize Private Label Credit Cards at Checkout
March 28, 2022  |  BNPL

While 52 million United States consumers used buy now, pay later (BNPL) options to make purchases in December 2021, BNPL’s meteoric rise into the limelight...

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Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and Travel
Report: U.S. Consumers Take Mobile Payments With Them as They Get Back to Restaurants and...
March 17, 2022  |  Consumer Finance

As more consumers venture to dine at restaurants and travel once again, many are sticking with the digital payment habits they developed during the past...

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Why ‘Paycheck to Paycheck’ Doesn’t Always Mean ‘Broke’
Why ‘Paycheck to Paycheck’ Doesn’t Always Mean ‘Broke’
March 14, 2022  |  Consumer Finance

When you read the term “paycheck to paycheck,” it can be easy to picture someone white-knuckling it between the first and third Fridays of each...

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72% of Consumers Manage Their Lending Accounts Online
72% of Consumers Manage Their Lending Accounts Online
March 11, 2022  |  Loans

Most consumers have loan accounts with outstanding balances, and most of them manage those accounts online.  According to “Account Opening And Loan Servicing In The...

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Lendable Valued at $4.5B Following $275M Fundraise
Lendable Valued at $4.5B Following $275M Fundraise
March 10, 2022  |  Investments

Consumer finance platform Lendable has raised $275 million in a funding round that valued the U.K. firm at $4.5 billion, the company said in a...

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Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
Nearly Half of High-Income Earners Now Live Paycheck to Paycheck
March 03, 2022  |  Consumer Finance

As the pandemic continued to weigh on the economy in the early months of 2022, the United States government reported that in­flation climbed to 7.5%...

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Merchants, Take Note: Consumers Want More In-Store BNPL Options
Merchants, Take Note: Consumers Want More In-Store BNPL Options
February 18, 2022  |  BNPL

Buy now, pay later (BNPL) methods have reached new heights in the past year as consumers have kept flexible, digital payments front and center during...

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42% of Consumers Want FIs to Offer Automatic Data Transfer When They Open New Accounts
42% of Consumers Want FIs to Offer Automatic Data Transfer When They Open New Accounts
February 15, 2022  |  Consumer Finance

Mobile devices’ proliferation and worldwide ubiquity have revolutionized many aspects of consumers’ lives, including their ability to communicate, travel and learn about the world. These...

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Report: Paper Still Plagues Bill Payment Processes for 88% of Utility, Consumer Finance Firms
Report: Paper Still Plagues Bill Payment Processes for 88% of Utility, Consumer Finance Firms
February 11, 2022  |  Consumer Finance

Keeping billing and payments technologies current is imperative for all businesses, particularly utilities and consumer finance companies, which must address so many of consumers’ daily...

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