elan

Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023  |  Credit Unions

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share...

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Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
Fed Data Shows Overall Consumer Credit Slows but Revolving Debt Grows  
July 10, 2023  |  Consumer Finance

For the U.S. consumer, call it a case of digesting the debt that’s already on the books. To that end, the Federal Reserve said Monday...

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93% of Credit Card Users Like It When Their Bank Supports Local Charities
93% of Credit Card Users Like It When Their Bank Supports Local Charities
June 13, 2023  |  Banking

Charity begins at home, or at least the general area of one’s home, and consumers show a penchant for supporting financial institutions (FIs) and banks...

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 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023  |  Payment Methods

Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a...

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Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
Millennials’ Need for Credit and Financial Inclusion Offers Opportunity For FinTechs
May 09, 2023  |  Consumer Finance

Alternative data and scoring models can help deepen financial inclusion. Youth belongs to the young, goes the old saying. So does the future of financial...

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42% of Consumers Volunteer Time, Donate Money to Local Charities
42% of Consumers Volunteer Time, Donate Money to Local Charities
July 28, 2022  |  Consumer Finance

Consumers who donate money to local charities tend to spend more money with local businesses as well. Four out of 10 consumers do volunteer work...

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The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
The Data Point: Over 40% of Millennials Would Switch to FIs Supporting Local Charities
July 27, 2022  |  Banking

Charity begins at home, as the old saying goes, and that can mean one’s community as well. New data finds a powerful correlation between bank...

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New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
July 22, 2022  |  Consumer Finance

Communities are important to consumers. PYMNTS’ data finds that a financial institution’s (FI’s) lack of support for local charities can persuade one-third of customers to...

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Card Issuer Elan Launches Charitable Giving Program
Card Issuer Elan Launches Charitable Giving Program
February 10, 2022  |  Credit Unions

Card issuer Elan has launched its Across the Country Charitable Giving program, benefiting 50 charities across the United States. The program, announced in a news...

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