PYMNTS Study

53% of Consumers Say They’re Wary of GenAI
53% of Consumers Say They’re Wary of GenAI
September 03, 2024  |  Artificial Intelligence

As generative artificial intelligence begins to make its way into more parts of consumers’ daily lives, many are skeptical of the technology. By the Numbers...

READ MORE >
75% of Companies Still Use Paper Checks Despite High Cost
75% of Companies Still Use Paper Checks Despite High Cost
August 29, 2024  |  Digital Payments

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational...

READ MORE >
Small Businesses Embrace Instant Payments: Benefits Beyond Speed
Small Businesses Embrace Instant Payments: Benefits Beyond Speed
August 29, 2024  |  Real-Time Payments

Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many, they have become their primary method of sending payment. Across four...

READ MORE >
FinTechs Now See Credit Unions as Collaborators, Not Competitors
FinTechs Now See Credit Unions as Collaborators, Not Competitors
August 27, 2024  |  Credit Unions

Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In...

READ MORE >
Can Banks Crack the Insurance Code? Customers Are Ready
Can Banks Crack the Insurance Code? Customers Are Ready
August 27, 2024  |  Insurance

PYMNTS Intelligence’s data makes it clear enthusiasm for financial institutions (FIs) as insurance providers is growing. In fact, three-quarters of consumers who have already purchased...

READ MORE >
Embedded Finance Catches On With Credit-Shy Japanese Consumers
Embedded Finance Catches On With Credit-Shy Japanese Consumers
August 21, 2024  |  SMBs

Embedded lending is growing in popularity around the globe. It offers users convenient, streamlined access to financing without having to leave the platforms of merchants,...

READ MORE >
4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As...

READ MORE >
France Keeps Mobile Wallets Ready for Post-Olympic Events
France Keeps Mobile Wallets Ready for Post-Olympic Events
August 14, 2024  |  Digital Payments

Consumers in France are embracing digital wallets for payments. For example, more than one-third (38%) use them for online shopping. Surprisingly, we find millennials in...

READ MORE >
Solana Says Regulated Industries Are Primed for Blockchain Use Cases
Solana Says Regulated Industries Are Primed for Blockchain Use Cases
August 13, 2024  |  Blockchain

Blockchain technology, once synonymous with cryptocurrencies, is expanding into mainstream industries. The $943 billion projected market by 2032 has sparked a debate between public and...

READ MORE >