PYMNTS Intelligence

Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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UK Consumers Love to Shop From the Comfort of Their Homes
UK Consumers Love to Shop From the Comfort of Their Homes
May 02, 2024  |  Retail

Shoppers in the United Kingdom love eCommerce, disproportionately preferring to make purchases online without engaging with physical stores, PYMNTS Intelligence reveals.  By the Numbers The...

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Simple Credit Rewards Work for Older Generations, but Not Gen Z
Simple Credit Rewards Work for Older Generations, but Not Gen Z
May 02, 2024  |  Loyalty & Rewards

More than 80% of credit card users now receive reward offers from their card issuers and, on average, 72% of those rewards get used within...

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55% of High-Earning Consumers and 79% of Gen Z Use Digital Wallets
55% of High-Earning Consumers and 79% of Gen Z Use Digital Wallets
May 02, 2024  |  Mobile Wallets

Whether shopping online or in person, an increasing number of consumers are embracing digital wallets. But the appeal of digital wallets — which include Apple Pay, Google Wallet, PayPal and...

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Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
May 01, 2024  |  Healthcare

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference...

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68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
May 01, 2024  |  SMBs

Since April 2021, most Main Street small to mid-sized businesses (SMBs) in the U.S. have been experiencing significant growth. In fact — according to PYMNTS...

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Consumers Demand Anti-Fraud Tools From eCommerce Merchants
Consumers Demand Anti-Fraud Tools From eCommerce Merchants
May 01, 2024  |  Fraud Prevention

As scammers and fraudsters become more sophisticated, shoppers are demanding more effective prevention tools from their eCommerce merchants. By the Numbers The PYMNTS Intelligence study...

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CVS Q1 Earnings Take A Hit From Insurance Venture
CVS Q1 Earnings Take A Hit From Insurance Venture
May 01, 2024  |  Earnings

The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about...

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Payment Innovations Help Small Businesses Navigate the Main Street Maze
Payment Innovations Help Small Businesses Navigate the Main Street Maze
May 01, 2024  |  SMBs

Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months,...

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