data brief

EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
January 15, 2024  |  Consumer Insights

Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and...

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Safeguarding Personal Information Key to Banking Subprime Consumers
Safeguarding Personal Information Key to Banking Subprime Consumers
January 12, 2024  |  Banking

As technological advancements continue to revolutionize the financial industry, data privacy and security continues to take center stage, shaping consumer preferences and challenging financial institutions...

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1 in 4 BNPL Users Would Like Providers to Lower Fees
1 in 4 BNPL Users Would Like Providers to Lower Fees
January 11, 2024  |  BNPL

In recent years, the financial landscape has witnessed a transformative wave with the rise of buy now, pay later (BNPL) as a popular and widely...

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Half of Loyal Customers Have Multiple Subscriptions, Data Shows
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
January 10, 2024  |  Subscriptions

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable...

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94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face  Financial Hardships
94% of Consumers Who Use Overdrafts for $400-Plus Expenses Face Financial Hardships
January 09, 2024  |  Consumer Insights

In challenging economic times, accessing credit is vital for many individuals, particularly those living paycheck to paycheck. Get the Full Story Complete the form to...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024  |  Loans

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans...

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1 in 5 Consumers Pay Auto Loans With Mobile Wallets
1 in 5 Consumers Pay Auto Loans With Mobile Wallets
January 04, 2024  |  Mobile Wallets

Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive...

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1 in 10 Consumers Use BNPL for Emergency Expenses
1 in 10 Consumers Use BNPL for Emergency Expenses
December 29, 2023  |  Buy Now Pay Later

Financial struggles are a constant challenge for those with limited access to credit, especially when unexpected emergencies arise. Get the Full Story Complete the form...

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