Consumer Spending

Credit Unions Use Payments to Build Primary Financial Relationships

Credit Unions Use Payments to Build Primary Financial Relationships
Credit Unions Use Payments to Build Primary Financial Relationships
October 28, 2020  |  Credit Unions

There are two ways to consider consumers’ spending lives, according to Bruce Dragt, chief product officer at CO-OP Financial Services. Get the Full Story Complete...

READ MORE >
US Consumer Confidence Dips As Jobs Outlook Wanes
US Consumer Confidence Dips As Jobs Outlook Wanes
October 27, 2020  |  Consumer Insights

The Consumer Confidence Index dropped in October to 100.9, a new six-month low that followed a high of 101.3 in September, according to a Conference...

READ MORE >
Consumers’ Need For Normalcy Drives Strong Halloween Sales
Consumers’ Need For Normalcy Drives Strong Halloween Sales
October 27, 2020  |  Retail

Like so many other things that have changed in our lives over the past seven months, Halloween is changing as well. But even though COVID-19...

READ MORE >
US New Home Sales Drop 3.5 Pct In September From Previous Month
US New Home Sales Drop 3.5 Pct In September From Previous Month
October 26, 2020  |  Real Estate

The number of new homes sold in the U.S. in September was lower than the number sold in August, according to a joint report by...

READ MORE >
Merchants, FIs Have Designs On New Retail Payments Experiences
Merchants, FIs Have Designs On New Retail Payments Experiences
October 26, 2020  |  Consumer Payments

A return of physical retail in a recognizable form depends on how people feel. At present there’s a guarded optimism going around, but it’s delicate...

READ MORE >
Reliance Says It Can Move Ahead With $3.4B Deal
Reliance Says It Can Move Ahead With $3.4B Deal
October 25, 2020  |  Partnerships / Acquisitions

Reliance, the global Mumbai-headquartered conglomerate specializing in everything from retail to telecommunications, will move ahead with a $3.4 billion deal with Future Group in spite...

READ MORE >
American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
October 23, 2020  |  Earnings

American Express posted Q3 results Friday (Oct. 23) that showed a rebound in spending across consumer and commercial segments from lows seen in the spring...

READ MORE >
Why Toys Are Making A 2020 Comeback
Why Toys Are Making A 2020 Comeback
October 23, 2020  |  Retail

It’s been a good year to be in the business of selling toys, a fact demonstrated by Mattel’s recent earnings release showing a surprising jump...

READ MORE >
American Express Posts Mixed Q3 Earnings
American Express Posts Mixed Q3 Earnings
October 23, 2020  |  Earnings

American Express reported third-quarter earnings of $1.30 a share, missing Wall Street estimates of $1.34, but revenue beat forecasts of $8.66 billion, coming in at...

READ MORE >