PYMNTS-MonitorEdge-May-2024

inflation

PYMNTS Blockchain Basics Series: What’s Bitcoin, and How Did It Get That Way?
PYMNTS Blockchain Basics Series: What’s Bitcoin, and How Did It Get That Way?
May 25, 2022  |  Bitcoin

So, what is bitcoin? By this time, most people know at least a little about bitcoin, the first cryptocurrency, and that there is also Bitcoin...

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BoA Customers Spending 10% More In 2022, CEO Moynihan Says
BoA Customers Spending 10% More In 2022, CEO Moynihan Says
May 24, 2022  |  Economy

U.S. consumers are likely in fine shape and are likely to keep spending for now, according to Bank of America CEO Brian Moynihan, CNBC wrote...

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Memberships, Digital Sales Jump for BJ’s As More Shoppers Hunt for Bargains
Memberships, Digital Sales Jump for BJ’s As More Shoppers Hunt for Bargains
May 19, 2022  |  Retail

With the push to make the most of every dollar more pronounced than ever amid inflation levels that haven’t been seen since the 1980s, BJ’s...

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Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
May 10, 2022  |  Retail

Today in retail, Peloton is facing the daunting prospect of a turnaround along with a transition to an app-based model, while inflation has consumers rethinking...

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Inflation Prompts 10x Increase in Consumers Reevaluating Subscription Value
Inflation Prompts 10x Increase in Consumers Reevaluating Subscription Value
May 10, 2022  |  Subscription Commerce

For many subscribers, convenience alone is no longer enough to retain their loyalty: Personalization is now a must-have feature that drives engagement for discerning consumers....

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Digital Solves Key Problems in the Face of Mounting Healthcare Collections
Digital Solves Key Problems in the Face of Mounting Healthcare Collections
May 04, 2022  |  Healthcare

As consumer complaints about medical billing and collections pour into government agencies, healthcare providers and systems on the other side of the equation are trying...

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NEW DATA: 6 in 10 Consumers Buying Only the Essentials as Inflation Rises
NEW DATA: 6 in 10 Consumers Buying Only the Essentials as Inflation Rises
April 25, 2022  |  Connected Economy

March 2022 marked the highest inflation rate seen in the United States since 1981, and consumers are feeling the pinch. Sixty-one percent of the U.S....

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Inflation Erasing Pandemic Savings, Says CEO of National Bank of Canada
Inflation Erasing Pandemic Savings, Says CEO of National Bank of Canada
April 25, 2022  |  Economy

A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg...

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New Data Show Consumers Are Buying Less, Spending More and Changing Habits
New Data Show Consumers Are Buying Less, Spending More and Changing Habits
April 15, 2022  |  Consumer Finance

Consumers are buying less and spending more, according to recent PYMNTS research. The dollar has less buying power, and many consumers are restrict­ing their spending....

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