There’s never been a better time for digital-first financial institutions (FIs), as customers are pulling their savings from big banks. The opposite seemed true just...
Discover Financial’s credit card delinquency rate has been rising each month since May 2022. The firm said in a Monday (Feb. 13) filing with the...
More of us are living paycheck to paycheck — straining to make ends meet — than at any point since the pandemic. “I was shocked...
Consumers’ “reserves” to tackle life’s emergencies and everyday expenses — their savings — are evaporating. According to Goldman Sachs research, as reported by the Wall Street Journal,...
Although PYMNTS latest research finds that 64% of U.S. consumers are living paycheck to paycheck, there is still optimism that things will get better. This,...
Earnings season and PYMNTS’ own data signals the difficulty of keeping wheels on the road — literally. As economies reopen, many firms are returning to...
As the inflationary vice tightens, more Americans are making partial bill payments or skipping some months altogether. This was among the findings in “The One-Stop...
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...