PYMNTS Intelligence

Nearly One-Third of US Credit Card Holders Say Their Next Card Will Be Co-Branded
Nearly One-Third of US Credit Card Holders Say Their Next Card Will Be Co-Branded
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. However, their popularity doesn’t come close to...

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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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Why Gen Z Can Be Credit Unions Best Friend or Worst Enemy
Why Gen Z Can Be Credit Unions Best Friend or Worst Enemy
May 22, 2024  |  Credit Unions

In the current economic environment, Generation Z consumers struggle more than older consumers. Nonetheless, they are a growing demographic that financial service providers — including...

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Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
Gen X Shoppers Cut Back on Groceries the Most Amid Inflation
May 21, 2024  |  Consumer Insights

As consumers rethink their spending on groceries amid inflation, PYMNTS Intelligence research reveals, Gen X shoppers are quicker to make changes to everything from what products they...

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30% of US Consumers Count on Side Hustles to Pay the Bills
30% of US Consumers Count on Side Hustles to Pay the Bills
May 21, 2024  |  Consumer Insights

Although inflation is down to 3.3% from its July 2022 peak of 9.1%, many consumers in the United States are still working some kind of side hustle to make...

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Why Zillennials Will Rule the Digital Economy
Why Zillennials Will Rule the Digital Economy
May 21, 2024  |  Consumer Insights

The Census Bureau collects demographic data on the birthrates of those living in the United States and groups them into age-related cohorts based on the...

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Mall of America Leads Push to Unique On-Site Experiences
Mall of America Leads Push to Unique On-Site Experiences
May 20, 2024  |  Retail

As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Seizing on this demand, Mall...

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