consumer finance

Online Marketplaces or Banks? Consumers Torn on Trusted Keeper of Secure Payments Credentials
Online Marketplaces or Banks? Consumers Torn on Trusted Keeper of Secure Payments Credentials
February 15, 2023  |  Consumer Payments

In recent years, friction in the payments process has remained despite attempts to make payments as seamless as possible. Most consumers would rather not reenter...

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Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
February 09, 2023  |  Real Estate

Increasingly, having a room of one’s own — an affordable house or rental — feels out of reach. In the most recent monthly PYMNTS gauge...

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‘Data-Driven Intelligence’ Helps Credit Union Members Navigate Inflation’s Challenges
‘Data-Driven Intelligence’ Helps Credit Union Members Navigate Inflation’s Challenges
February 07, 2023  |  Credit Unions

If there’s one universal certainty right now, it’s that everyone’s examining the household budget. As Yvonne Stelpflug, senior vice president of Advisors Plus consulting at...

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60% of Renters Report Financial Health in Jeopardy Over High Housing Costs
60% of Renters Report Financial Health in Jeopardy Over High Housing Costs
February 03, 2023  |  Consumer Finance

For many Americans, owning a home or renting an apartment signifies financial stability and maturity, with Americans traditionally leaving home early and never looking back....

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Report: Record Number of Americans Dipping Into 401(k)s
Report: Record Number of Americans Dipping Into 401(k)s
February 02, 2023  |  Economy

With budgets growing tighter, more Americans are reportedly turning to 401(k)s in emergencies. Nearly 3% of the 5 million people who have 401(k) plans offered...

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Companies Scramble to Simplify Bill Payment Experience for Consumers
Companies Scramble to Simplify Bill Payment Experience for Consumers
February 02, 2023  |  Consumer Payments

PYMNTS’ latest research shows that most bill-paying consumers in the United States face challenges in the bill payment process. In the last 90 days, more...

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TransUnion Invests in UK Open Banking Firm Bud Financial
TransUnion Invests in UK Open Banking Firm Bud Financial
January 31, 2023  |  Investments

TransUnion has invested in British open banking and data intelligence firm Bud Financial Limited. The global information and insights company said in a Tuesday (Jan....

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Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

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More than Half of High-Income Consumers Now Live Paycheck to Paycheck
More than Half of High-Income Consumers Now Live Paycheck to Paycheck
January 30, 2023  |  Consumer Finance

As we move into 2023, inflation and economic uncertainty remain top concerns for most U.S. consumers. In the past 12 months, increasing prices for everything...

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