PYMNTS-MonitorEdge-May-2024

Elan Financial Services

About Elan Financial Services

Elan is America’s leading agent credit card issuer and partners with more than 1,300 financial institutions nationwide. For over 50 years, Elan has offered an outsourced partnership solution that provides financial institutions of all sizes the ability to offer a competitive credit card program. Elan has continually developed and introduced industry-leading technologies to improve cardmember satisfaction and drive ongoing program growth, all while sharing the program economics with our partners. For more information, visit www.elanfinancialservices.com/credit-card.

Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
July 30, 2023  |  Consumer Finance

Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. It is a testament to consumer resiliency that credit...

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Budgeting Benefits Help Banks Appeal to 23% of Consumers Who Don’t Have Credit Cards
Budgeting Benefits Help Banks Appeal to 23% of Consumers Who Don’t Have Credit Cards
June 21, 2023  |  Credit Cards

If you’re reading this, chances are you have a credit card, as nearly 200 million Americans do — with many holding more than one. And...

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Gen Z, Millennials Use Credit Cards 30% More Than the  Average Cardholder
Gen Z, Millennials Use Credit Cards 30% More Than the Average Cardholder
May 09, 2023  |  Credit Cards

Inflation is pushing credit card spending to new heights as consumers increasingly use cards to pay for daily expenses. PYMNTS’ latest study reveals that one-third...

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Credit Card Issuers Can’t Wait a Lifetime to Show Gen Z Value
Credit Card Issuers Can’t Wait a Lifetime to Show Gen Z Value
March 15, 2023  |  Credit Cards

The best way to establish a lifetime-value banking relationship is by engaging young adult consumers. And the best way to engage those members of today’s...

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Credit Cards Reemerge From the Pandemic as Multifaceted Financial Management Tools
Credit Cards Reemerge From the Pandemic as Multifaceted Financial Management Tools
March 02, 2022  |  Payment Methods

Whether it’s for convenience, rewards or the benefits of better data security when making a transaction, consumers with revolving credit are using it not just...

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‘Many Ways To Make A Payment’ Is Here To Stay
‘Many Ways To Make A Payment’ Is Here To Stay
July 22, 2021  |  Payments Innovation

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look...

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Elan, Desert Financial Credit Union Lengthen Credit Card Collaboration
Elan, Desert Financial Credit Union Lengthen Credit Card Collaboration
June 21, 2021  |  Credit Unions

Elan Financial Services, which is an agent credit card issuer that works with credit union (CU) partners, and Desert Financial Credit Union have lengthened their...

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Elan, Telhio Credit Union Lengthen Credit Card Collaboration
Elan, Telhio Credit Union Lengthen Credit Card Collaboration
April 30, 2021  |  Credit Unions

Elan Financial Services and Telhio Credit Union have lengthened their long-term collaboration to offer credit card products to the credit union’s (CU’s) 70,000 personal and...

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Today In Digital-First Banking: Elan, Sharonview Team On Card Program; i2c Collaborates With BrightFi To Help Underbanked
Today In Digital-First Banking: Elan, Sharonview Team On Card Program; i2c Collaborates With BrightFi To...
March 17, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Sharonview Federal Credit Union has collaborated with Elan Financial Services on a credit card program, while BrightFi is...

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