Consumer Demand news and trends

From Gaming to Hospitality, Firms Miss Out on Instant Payout Monetization Opportunity
Real-Time Payments // October 24, 2023

Recent studies conducted by PYMNTS Intelligence have unveiled a significant opportunity that gaming and hospitality companies are missing out on — the chance to monetize instant payouts. As noted in a recent study conducted by PYMNTS Intelligence, “Generation Instant: Gamers and Winnings,” reveals that gaming companies...

Global Trade Faces Slowdown as Economic Growth Weakens
Economy // August 09, 2023

The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination...

Credit Unions Weigh the Risks and Benefits of Expanding Crypto Offerings
Credit Unions // September 06, 2022

Credit unions (CUs) have delayed their entry into the market for cryptocurrency products and services, largely because financial regulations bar CUs from holding digital assets on their balance sheets. At the same time, many credit union executives say they do not fully understand digital currencies...

Chicago Purchasing Managers Index Tumbles To 38-Year Low
Economy // May 29, 2020

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19 pandemic slammed business confidence. Among the Index’s individual components, demand fell further after its largest drop ever during April. Meanwhile,...

Interviews & Exclusives
Heads of Product Report Heavy Toll From Payments Uncertainty

June 20, 2024
Corporate heads of product drive profitability by setting strategic goals and supporting innovation across an organization’s entire product line. Unlike CFOs and corporate heads of payments, product executives tend to put their focus on aligning a company’s offerings with market demands and ensuring timely product releases. But according to “What Keeps Chief Product Officers Awake […]

As SMBs Grapple With Virus, No Assurance From Insurance

March 17, 2020
The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of  those economies....

How TaskRabbit, With IKEA, Is Reshaping The Gig Economy

October 18, 2019
One of the basics of platform design and ignition is getting “anchor tenants” on board who — given their size, scale and profile — tend to attract other stakeholders to...

Payments’ Role In The Fourth Industrial Revolution

October 02, 2019
Faster payments are quickly being embraced by consumers, and are on track to gain traction across C2B, B2C and B2B transactions. Mike Kresse, division executive of card and money movement at...

Quick Reads
Global Trade Faces Slowdown as Economic Growth Weakens

August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination of factors are contributing to the downturn, including inflation and […]

Chicago Purchasing Managers Index Tumbles To 38-Year Low

May 29, 2020
The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19 pandemic slammed business confidence. Among...

Groceries, Retailers Limit Purchase Of Coronavirus Supplies; Hotels Deal With Cancellations

March 10, 2020
Target and Kroger, along with other grocery chains, have been limiting the number of items, like disinfectants, that customers can buy in the wake of a shopping frenzy over coronavirus...

Netflix Says Apple Not A Threat

April 16, 2019
Netflix’s first quarter earnings results showed the highest net additions of subscribers measured on a quarterly basis at 9.6 million new subscribers, up 8 percent year on year. That came...