PYMNTS Intelligence

1 in 10 Consumers Use Online Shopping to Manage Expenses
1 in 10 Consumers Use Online Shopping to Manage Expenses
February 09, 2024  |  eCommerce

Time is money, and consumers are constantly seeking ways to make their lives more efficient. One area where this is particularly evident is in the...

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Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
Millennials Embrace Connectivity Tools for Seamless Direct Bank Payouts
February 08, 2024  |  Payment Methods

Open banking connectivity features are transforming the way consumers receive payouts from merchants, service providers and government agencies. These features allow consumers to link their...

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Half of Discount Refill Subscribers Double Down
Half of Discount Refill Subscribers Double Down
February 08, 2024  |  Subscriptions

Once consumers get used to the subscribe-and-save model, many start piling these subscriptions on. Get the Full Story Complete the form to unlock this article...

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Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
February 08, 2024  |  Fraud Prevention

Over 40% of financial institutions (FIs) have reported higher-than-average volumes of fraud and financial crime, according to insights detailed in “FIs Depend on AI/ML Partners...

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Consumers Turn to Social Media for Impulse Purchases
Consumers Turn to Social Media for Impulse Purchases
February 07, 2024  |  Social Commerce

When consumers shop on social media apps, PYMNTS Intelligence research has found, they are often making impulse purchases, buying items that strike their fancy in...

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Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
February 07, 2024  |  Faster Payments

In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and...

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1 in 4 Millennial Shoppers Trades Down When BNPL Is Unavailable
1 in 4 Millennial Shoppers Trades Down When BNPL Is Unavailable
February 06, 2024  |  Buy Now Pay Later

Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are...

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Real-Time Payments Get Boost From New Partnerships in US and Europe
Real-Time Payments Get Boost From New Partnerships in US and Europe
February 06, 2024  |  Real-Time Payments

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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73% of Firms Say AP Automation Improves Cash Flow
73% of Firms Say AP Automation Improves Cash Flow
February 06, 2024  |  Commercial Payments

Businesses are expecting a significant increase in both payments made and invoices delivered over the next three years. In fact, on average, firms — regardless...

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