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 those cards are getting more use than ever, especially in this current economic environment. “People use credit based on the...
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 of United States cardholders increased their credit card spending in the last six months, with the higher cost of living...
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 younger generational cohorts is by providing the digital-first experience they’ve increasingly come to expect. That’s according to Matt Good, senior...
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 to fund their spending splurges, but to manage their finances and boost long-term financial freedom. At a time when roughly...
June 21, 2023
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 those cards are getting more use than ever, especially in this current economic environment. “People use credit based on the functionality and flexibility, as well as the security,” Brian Bugg, director […]
May 09, 2023
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 of United States cardholders increased...
March 15, 2023
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 younger generational cohorts is by...
March 02, 2022
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 to fund their spending splurges,...
June 21, 2021
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 long-term collaboration, according to a Monday (June 21) announcement emailed to PYMNTS. “Through our partnership, we have been able to support initiatives that benefit the community and provide Desert Financial […]
April 30, 2021
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 commercial members, according to a...
March 17, 2021
Sharonview Federal Credit Union has partnered with Elan Financial Services to offer a credit card program to its members, according to a press release emailed to PYMNTS. The partnership will...
March 01, 2021
To connect its members with a collection of credit card products and services, Louisiana-based Essential Federal Credit Union (Essential) has teamed with Elan Financial Services, according to a Monday (March...