spending

Spending to pay out (money) in buying or hiring goods or services

Deep Dive: How CUs Can Close The AI Innovation Gap
Deep Dive: How CUs Can Close The AI Innovation Gap
October 31, 2019  |  Credit Unions

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. However,...

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EU Consumer Confidence Declines To Lowest Point Since December
EU Consumer Confidence Declines To Lowest Point Since December
October 24, 2019  |  Europe

Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. Get the Full Story...

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American Express Rides Higher Spending To Q3 Revenue Win
American Express Rides Higher Spending To Q3 Revenue Win
October 21, 2019  |  Earnings

Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of...

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Teens’ Changing Tastes – And Lower Spending – Drive Retail Innovation
Teens’ Changing Tastes – And Lower Spending – Drive Retail Innovation
October 17, 2019  |  Retail

Teens have been big drivers of commerce for going on a century now, and that’s even more prevalent as marketers find more precise ways to...

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Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

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US Payment Card Market Tops $6T
US Payment Card Market Tops $6T
September 05, 2019  |  Payment Methods

Commercial and consumer cards issued in the U.S. generated $6.13 trillion in spending for goods and services in 2018, The Nilson Report said in a...

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Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
Connecting The Dots: Consumer Confidence, Inventories Tell Separate Economic Tales 
August 28, 2019  |  Economy

Economic data points are frozen in time – and yet taken collectively tell tales.  The latest readings on consumer confidence and on business inventories and...

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Consumer Spending Bolsters Big Bank Earnings
Consumer Spending Bolsters Big Bank Earnings
July 21, 2019  |  Earnings

Trade wars?  Check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected
Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected
July 17, 2019  |  Earnings

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. Get the Full Story Complete...

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