PYMNTS-MonitorEdge-May-2024

recovery

Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
July 08, 2020  |  Economy

For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. But it will take a while. Much longer...

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How Payments Is Powering The Travel Industry’s Return
How Payments Is Powering The Travel Industry’s Return
July 03, 2020  |  Travel Payments

The global pandemic has left no industry unscathed, but the travel business has the unfortunate distinction of being the sector that was slammed first and...

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CBO: US GDP Will Grow 12 Pct In 2020
CBO: US GDP Will Grow 12 Pct In 2020
July 02, 2020  |  Economy

For the Congressional Budget Office (CBO), the glass is half full. The federal agency that provides budget and economic information to Congress predicted as the...

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The One Employment Stat That Could Threaten The Recovery
The One Employment Stat That Could Threaten The Recovery
July 02, 2020  |  Economy

Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...

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Credit Unions, ATMs And The Great Digital Banking Shift
Credit Unions, ATMs And The Great Digital Banking Shift
July 01, 2020  |  Credit Unions

COVID-19 showed up unbidden, unwanted and unexpected, frustrating the best-laid plans of companies, financial institutions (FIs) and more with little warning. But for credit-union service...

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Pending Home Sales Down In May YOY, But Rose From Last Month
Pending Home Sales Down In May YOY, But Rose From Last Month
June 29, 2020  |  Real Estate

Pending home sales continue to be sluggish, according to year-over-year data from the National Association of Realtors (NAR). The Pending Home Sales Index, an advance...

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Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
June 29, 2020  |  Retail

Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a...

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Big Bank Stress Test Show Loan Losses Could Hit $560B-$700B
Big Bank Stress Test Show Loan Losses Could Hit $560B-$700B
June 25, 2020  |  Banking

The Federal Reserve Board indicated that financial institutions (FIs) can stay strong even as they weather turbulent economic conditions, as it unveiled the results of...

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Brands Bake Novel Subscription Strategies Into Reopening Plans
Brands Bake Novel Subscription Strategies Into Reopening Plans
June 24, 2020  |  Subscription Commerce

Physical retailers are building digital bridges to alluring new hybrid experiences and adding value to recurring revenue offerings to keep the great reopening momentum alive....

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