Consumer Finance

Chinese Economy Feels Sting of Younger Generation’s Thrifty Ways
Consumer Finance
Chinese Economy Feels Sting of Younger Generation’s Thrifty Ways
September 19, 2022

Taking cues from society and social media, young people in China aged 16 to 24 are tucking their money away and going without little luxuries like manicures, high-end makeup and eating out. Get the Full Story Complete the form to unlock this article and enjoy...

This Week in Payments: Walmart Bets on Banking, the CFPB Warns of Overdoing BNPL and Consumers Are Forced to Get Thriftier
Consumer Finance
This Week in Payments: Walmart Bets on Banking, the CFPB Warns of Overdoing BNPL and...
September 16, 2022

This was the week when the Consumer Financial Protection Bureau released its awaited buy now, pay later (BNPL) report — it’s uneasy to say the least — Walmart made a bold move into true retail banking and both consumers and small businesses (SMBs) showed inflation...

Restaurants Grab Consumer Spend as Grocery Prices Spike
Consumer Finance
Restaurants Grab Consumer Spend as Grocery Prices Spike
September 15, 2022

While rising food prices have many consumers, by their own reports, eating out less often, data on their spending suggests that when they do dine at a restaurant, they may be going big, springing for higher-end dining experiences. Get the Full Story Complete the form...

New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
Consumer Finance
New Vehicle Prices Up for 5th Month, Kelley Blue Book Says
September 12, 2022

Although there are more vehicles available to shoppers on dealers’ lots, the price of new vehicles is still rising, having set another record in August.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mastercard Expects Consumers to Spend 7.1% More During Holidays
Consumer Finance
Mastercard Expects Consumers to Spend 7.1% More During Holidays
September 12, 2022

Consumers are expected to spend 7.1% more on retail goods during this year’s holiday season than they did last year, according to the Mastercard SpendingPulse annual holiday forecast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
Consumer Finance
Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
September 12, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

As Prices Rise, Consumers Shift to Meals at Home
Consumer Finance
As Prices Rise, Consumers Shift to Meals at Home
September 09, 2022

With ongoing food price increases come even more consumers opting out of restaurant purchases in favor of more affordable meal options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
Consumer Finance
New Survey Shows Consumers Less Optimistic Than Fed on Taming Inflation
September 09, 2022

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The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
Consumer Finance
The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
September 02, 2022

With inflation deflating the dollar and prices through the roof, more Americans report they are living paycheck-to-paycheck, though the stats vary month to month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...