PYMNTS Intelligence

Gen Z Consumers Save Nearly 10% of Their Monthly Income
Gen Z Consumers Save Nearly 10% of Their Monthly Income
May 24, 2024  |  Consumer Finance

Generation X consumers, baby boomers and seniors all allocate more than 60% of their monthly incomes to housing, supplies and other regular bills. Generation Z...

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Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
Fed Study: Two-Thirds of Adults Say Inflation Made Financial Situation ‘Worse’
May 23, 2024  |  Consumer Insights

Inflation continues to impact the financial lives of U.S. consumers — with a new Federal Reserve study showing that higher prices have made financial situations...

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Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
May 23, 2024  |  Retail

With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed...

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Eurozone Sees Third Straight Month of Upbeat Economic News 
Eurozone Sees Third Straight Month of Upbeat Economic News 
May 23, 2024  |  Spend Management

Businesses in the Eurozone have seen their third straight month of growth. Get the Full Story Complete the form to unlock this article and enjoy...

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Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options
Brick-and-Mortar Shoppers Struggle to Find Buy Now, Pay Later Options
May 23, 2024  |  Buy Now Pay Later

As consumers look for ways to manage their spending, in-store shoppers are unlikely to have the option to pay using buy now, pay later (BNPL), even as...

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PYMNTS Data Shows Co-Branded Store Cards Poised for Growth
PYMNTS Data Shows Co-Branded Store Cards Poised for Growth
May 23, 2024  |  Credit Cards

About 1 in 4 consumers in the United States own at least one co-branded or store-specific credit card. Get the Full Story Complete the form...

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Freelancers See Instant Payments as Financial Lifeline
Freelancers See Instant Payments as Financial Lifeline
May 23, 2024  |  Money Mobility

Being a freelancer requires constantly drumming up work while hoping for prompt payment. Moreover, consumers who work freelance, contract or consulting rely on disbursement payments...

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Some Consumers Have Ditched Their Smartphones Since the Pandemic Peak
Some Consumers Have Ditched Their Smartphones Since the Pandemic Peak
May 22, 2024  |  Connected Economy

Perhaps burnt out on digital connectivity in the time since the initial outbreak of COVID-19, the share of consumers who own smartphones has actually dipped in recent...

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52% of FIs Plan to Lean on ML and AI to Combat Fraud
52% of FIs Plan to Lean on ML and AI to Combat Fraud
May 22, 2024  |  artificial intelligence

In the seemingly never-ending war to protect their customers and institutions from fraud, an increasing number of financial institutions (FIs) are deploying machine learning (ML)...

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