The Data Point news and trends

47% of Brazilians Use Digital Wallets for Bill Payments
Mobile Wallets // November 21, 2024

Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they are mainly used for eCommerce. A  PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: Brazil Edition,” in collaboration with Google...

90% of Consumers Are Familiar With Digital Wallets, but Struggle to Define Them
Mobile Wallets // November 19, 2024

As digital wallets become a staple of modern consumer life, there’s a need for clarity around their functions. While many consumers are familiar with the technology, confusion persists regarding what exactly constitutes a “digital wallet.” A PYMNTS Intelligence Report, “Digital Wallets Beyond Financial Transactions: How...

67% of FinTechs Prioritize Mobile Capabilities to Drive Growth and Engagement
Mobile // November 18, 2024

FinTechs are pursuing modernization to stay competitive, focusing on mobile capabilities and enhancing user experience. According to a PYMNTS Intelligence report, “The FinTech Innovation Agenda,” a collaboration with Velera, nearly two-thirds of FinTechs are prioritizing mobile feature expansion in the next three years, while refining...

78% of CFOs Plan to Increase GenAI Investments Despite Limited ROI
artificial intelligence // November 15, 2024

Generative artificial intelligence (GenAI) has become an important tool for CFOs, who view the technology as critical to their organization’s strategic and operational planning. According to a PYMNTS Intelligence report, “Most CFOs See Limited ROI From GenAI, but Boost Its Investment,” despite the growing reliance...

Interviews & Exclusives
Digital Wallets Gain Traction: Nearly Half of US Consumers Tap In

November 23, 2024
In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets are growing in accessibility, American consumers are still hesitant to embrace the broader capabilities of these tools. According to a PYMNTS Intelligence report, “Digital Wallets Beyond Financial Transactions: U.S. Edition,” created […]

47% of Brazilians Use Digital Wallets for Bill Payments

November 21, 2024
Brazil is reshaping the global use of digital wallets, with consumers relying on them for bill payments and identity verification, unlike other countries, where they are mainly used for eCommerce....

90% of Consumers Are Familiar With Digital Wallets, but Struggle to Define Them

November 19, 2024
As digital wallets become a staple of modern consumer life, there’s a need for clarity around their functions. While many consumers are familiar with the technology, confusion persists regarding what...

67% of FinTechs Prioritize Mobile Capabilities to Drive Growth and Engagement

November 18, 2024
FinTechs are pursuing modernization to stay competitive, focusing on mobile capabilities and enhancing user experience. According to a PYMNTS Intelligence report, “The FinTech Innovation Agenda,” a collaboration with Velera, nearly...

Quick Reads
Digital Banks Fill Gaps in Small Business Working Capital Loans

January 17, 2023
As working capital from traditional lenders evaporates, SMBs are seeking fresh funds from digital channels. That’s according to PYMNTS and NCR’s report “Digital Banking Rises To Meet SMB Needs,” which showed that as SMBs raised prices last year to meet higher supplier and operating costs, many if not most believe they’ve hiked prices as far […]

56% of Consumers Say Storing Payment Info With Retailers Improves Checkout

November 22, 2022
Manually entering credit card information for each online purchase is such a source of friction and irritation that more than half of consumers are setting their security concerns aside and...

94% of Companies Plan Investments to Digitize Payments and Finance Functions

November 15, 2022
Demand for digitization in the payments and finance areas has reached critical velocity as a new sampling of CFOs shows near unanimous support for additional spending on this technology to...