Consumer Spending

Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO

Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO
Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO
July 19, 2022  |  Payment Methods

We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the...

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UK’s Deliveroo Catches ‘Aggregator Flu’ as Consumers Rein In Spending
UK’s Deliveroo Catches ‘Aggregator Flu’ as Consumers Rein In Spending
July 18, 2022  |  Delivery

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. Get the Full Story Complete the form...

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Amazon vs Walmart Weekly: Pivoting From Prime Day to Q2 Profits
Amazon vs Walmart Weekly: Pivoting From Prime Day to Q2 Profits
July 15, 2022  |  Retail

As Amazon was busy handling 100,000 transactions per second at its eighth and biggest Prime Day sales event this week, it was Just Another Tuesday for rival Walmart which...

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June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
July 15, 2022  |  Retail

A sweeping increase in prices paired with a modest dip in the cost of gasoline combined to deliver a 1% advance in June retail sales,...

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54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022  |  Retail

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  Get the Full Story Complete the form...

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JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
Amazon Grabs 8.8% of Gross Retail Spending to Outpace Walmart
July 14, 2022  |  Retail

Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in...

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