PYMNTS Intelligence

26% of Consumers Say Interest Rates Influence Credit Product Choices
26% of Consumers Say Interest Rates Influence Credit Product Choices
October 09, 2023  |  Consumer Insights

Consumers are increasingly focused on finding the best deal — a preference driven by loss aversion and a desire to maximize the benefits of their...

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Older Americans Help Drive Consumer Spending Power
Older Americans Help Drive Consumer Spending Power
October 08, 2023  |  Consumer Insights

America has the highest percentage of older people in at least a century. Get the Full Story Complete the form to unlock this article and...

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Credit-Building Apps Help Generation X Tackle Mounting Debt Burden
Credit-Building Apps Help Generation X Tackle Mounting Debt Burden
October 08, 2023  |  Personal Finance

Current economic conditions and consumers’ drive to maintain a certain standard of living has led to a pervasive level of private debt across the economy,...

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Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
Conagra Sees Consumers Shift Away From Ready-to-Eat Toward Cooking
October 06, 2023  |  Retail

Amid ongoing financial challenges, Conagra Brands is seeing consumers’ desire to save on food spending finally outweigh their demand for convenience, with a shift towards...

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More Than Half of Main Street SMBs Have ‘No Access’ to Credit
More Than Half of Main Street SMBs Have ‘No Access’ to Credit
October 06, 2023  |  SMBs

Small- to medium-sized businesses (SMBs) on Main Street are finding a dearth of options when it comes to getting the money they need to stay...

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Generative AI’s Technology Is Not Yet Fully Optimized for Healthcare
Generative AI’s Technology Is Not Yet Fully Optimized for Healthcare
October 06, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) faces many growing pains as it seeks its footing. In a recent survey, management consulting firm Bain & Company reveals that...

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60% of Cash-Strapped Consumers Still Splurge on Nonessentials
60% of Cash-Strapped Consumers Still Splurge on Nonessentials
October 06, 2023  |  Consumer Finance

In today’s consumer-driven society, it is not uncommon for individuals, even those living paycheck to paycheck and struggling to pay bills, to indulge in occasional...

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Voice Tech Adoption Uneven as Consumers Aim to Balance Convenience With Trust
Voice Tech Adoption Uneven as Consumers Aim to Balance Convenience With Trust
October 06, 2023  |  artificial intelligence

Consumers today are increasingly seeking smarter, simpler, and more connected routines, and voice technology has the potential to fulfill these needs. However, the adoption of...

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High-Debt Consumers Average 14 Late Payments Every Year
High-Debt Consumers Average 14 Late Payments Every Year
October 06, 2023  |  Debt

The United States economy’s heavy reliance on domestic consumption has become more relevant than ever, with consumer credit card debt breaking the $1 trillion mark...

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