Pymnts Intelligence/page/3 news and trends

Study: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
Money Mobility // July 17, 2024

Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through the convenience of smartphones. The method is the fastest-growing payment option in the United States, which is especially true among...

Credit Card Retail Payments Fall by 18% Amid Budget Pressures
Credit Cards // July 16, 2024

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit. By the Numbers A PYMNTS Intelligence study in April for the Last Transaction Report series surveyed 1,730 United States consumers who bought...

How the World Does Digital: Two-Thirds of Aussie Consumers Use Mobile Phones to Bank
Connected Economy // July 16, 2024

There’s no shortage of images that come to mind when the subject is Australia. Most of them are outdoors, like the vast outback and iconic Table Mountain, any number of unique forms of wildlife and the world’s largest marine ecosystem in the Great Barrier Reef....

Gen Z Consumers 117% Likelier to Shop From Influencers
Social Commerce // July 15, 2024

As social commerce comes to occupy a growing role in retail overall, Generation Z consumers are the most likely to seek shopping inspiration from influencers. By the Numbers The PYMNTS Intelligence special report “Generation Zillennial: How They Shop” is based on responses from more than...

Interviews & Exclusives
How the World Does Digital: Government-Led Program Gives Netherlands a Digital Boost

July 17, 2024
Famed for its vibrant tulips and ubiquitous bicycles, the Netherlands is proving innovation isn’t limited to pedal power. This nation, boasting the world’s largest flower export industry and more bicycles than people, is now pedaling toward digital transformation. As the fifth-largest EU economy by GDP, with a population boasting near-universal internet access and a strong […]

How the World Does Digital: Two-Thirds of Aussie Consumers Use Mobile Phones to Bank

July 16, 2024
There’s no shortage of images that come to mind when the subject is Australia. Most of them are outdoors, like the vast outback and iconic Table Mountain, any number of...

How the World Does Digital: UK Consumers Thrive in Connected Economy

July 15, 2024
Driven by widespread access to high-speed broadband and advanced mobile networks, the U.K. boasts a population deeply engaged with the digital world. From video streaming taking the top spot to...

How the World Does Digital: Italy Posts Solid Scores In Online Shopping

July 12, 2024
While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly turning to mobile wallets and...

Quick Reads
Report: Nuvei on Verge of Buyout Deal With Advent

March 17, 2024
Canadian FinTech Nuvei is reportedly close to being acquired by private equity company Advent International. The payments processor, backed by actor/investor Ryan Reynolds, is in advanced discussions with Advent, The Wall Street Journal (WSJ) reported Sunday (March 17), citing sources familiar with the matter.  The WSJ noted that Nuvei’s $3 billion market capitalization would make […]

Consumers ‘Balancing a Lot’ as Retail Sales Slow

March 17, 2024
Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial Times (FT), citing comments from...

Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’

January 07, 2024
Americans ended 2023 dealing with increasing financial strain, relying more on personal loans. That’s according to a recent report by VantageScore, which warns that increased dependence on these loans and...

Construction Firms Wait 94 Days on Average to Get Paid

December 29, 2023
Digital technologies are being built to help solve one of the key challenges facing the construction industry: delayed payments. The construction industry’s days sales outstanding (DSO) stands at 94 days,...