PYMNTS Intelligence

Rewards a Work in Progress as Banks and FinTechs Compete for BNPL Loyalty

Rewards a Work in Progress as Banks and FinTechs Compete for BNPL Loyalty
Rewards a Work in Progress as Banks and FinTechs Compete for BNPL Loyalty
February 09, 2024  |  BNPL

The appeal of buy now, pay later (BNPL) is undeniable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Convenience-Seeking Consumers Demand eGrocery Options From an Everyday App
Convenience-Seeking Consumers Demand eGrocery Options From an Everyday App
February 09, 2024  |  Mobile Applications

As convenience-oriented consumers look for a single, unified app to manage their daily tasks, they want their everyday apps to include online grocery shopping options...

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Fed’s Data Hints at Slowing Embrace of Revolving Debt
Fed’s Data Hints at Slowing Embrace of Revolving Debt
February 09, 2024  |  Economy

Is there a literal slowdown in the cards? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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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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