PYMNTS-MonitorEdge-May-2024

consumer finance

Inflation, Disappearing Stimulus Payments Push Paycheck to Paycheck Consumer Ranks Higher
Inflation, Disappearing Stimulus Payments Push Paycheck to Paycheck Consumer Ranks Higher
November 18, 2021  |  Consumer Payments

The holidays are upon us and beyond the festive urge to spend, some troubling signs point to the fact that if we keep charging the...

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New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
November 09, 2021  |  Consumer Payments

PYMNTS’ research in 2021 has illuminated the surprising extent of paycheck-to-paycheck living in the U.S. — even among those with high incomes. After a brief...

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NEW DATA: Cash Strapped Consumers Want Mass Payments Via Digital Wallets and Will Pay For Choice
NEW DATA: Cash Strapped Consumers Want Mass Payments Via Digital Wallets and Will Pay For...
October 18, 2021  |  Consumer Finance

Every dollar counts when money is tight. Even as little as $25 or $50 dollars can make a world of difference for consumers looking to...

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Visa: Buy Now Pay Later and Revolving Credit Co-Exist as Consumers, Merchants Play With New Credit Models
Visa: Buy Now Pay Later and Revolving Credit Co-Exist as Consumers, Merchants Play With New...
October 13, 2021  |  Buy Now Pay Later

When Visa Installments was launched in Australia last week with ANZ bank and Quest Payment Systems, it was seen as a sign that large global...

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Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
Inside Revolut: 5 Banking and Payments Products Linked To UK’s Most Valuable FinTech
September 29, 2021  |  Digital-First Banking

What started six years ago as a pre-paid debit card making it easy for customers to use their debit card anywhere in the world, in...

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Alt Data Sources Key to Improving Loan Access for the Financially Invisible
Alt Data Sources Key to Improving Loan Access for the Financially Invisible
September 27, 2021  |  Financial Inclusion

The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly...

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75 Pct of Lease to Own Consumers Say It Puts Durable Goods Within Reach
75 Pct of Lease to Own Consumers Say It Puts Durable Goods Within Reach
September 24, 2021  |  Consumer Finance

For millions of consumers, having a limited or blemished credit history means traditional conduits of credit are inaccessible, and so they cannot buy larger-ticket durable...

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Household Net Worth, Debt and Credit Rose Significantly in Q2
Household Net Worth, Debt and Credit Rose Significantly in Q2
September 23, 2021  |  Consumer Finance

U.S. total household net worth jumped $5.8 trillion to $141.7 trillion in the second quarter of 2021, according to the Federal Reserve’s Financial Accounts of...

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42% Of Millennials Use Paper Checks To Pay Their Rent
42% Of Millennials Use Paper Checks To Pay Their Rent
September 23, 2021  |  Payment Methods

While it’s tempting to think we will see the extinction of the paper check in the not-so-distant future, the reality is that a centuries-old form...

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