yf

Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending

Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
January 31, 2023  |  Credit Cards

So far into 2023, there’s been cautious optimism from payment networks on card spending. Earnings results from Mastercard, Visa, American Express and others show that...

READ MORE >
Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
January 30, 2023  |  Loans

Earnings season and PYMNTS’ own data signals the difficulty of  keeping wheels on the road — literally. As economies reopen, many firms are returning to...

READ MORE >
More Consumers Will Forgo Travel, Vehicle, Big-Ticket Purchases in 2023
More Consumers Will Forgo Travel, Vehicle, Big-Ticket Purchases in 2023
January 30, 2023  |  Economy

Consumers are anticipating another year of cutbacks, traded downs, and forgoing a variety of purchases as inflation continues to impact retail decisions. For insights into...

READ MORE >
Biometrics Emerge as Consumers’ Favorite Form of Authentication
Biometrics Emerge as Consumers’ Favorite Form of Authentication
January 27, 2023  |  Biometrics

The traditional password remains the most common authentication method modern consumers use for online transactions. This, as new PYMNTS and Entersekt research in the January...

READ MORE >
Visa Q1 Led by Travel Surge and 20% New Payment Volume
Visa Q1 Led by Travel Surge and 20% New Payment Volume
January 26, 2023  |  Payment Methods

Visa reported fiscal first quarter results that showed continued strides in new payment flows, including Visa Direct and contactless payments. Payments volume for the three...

READ MORE >
Mastercard Says Q4 Spending Lifted by Travel Rebound but Slowdown Looms
Mastercard Says Q4 Spending Lifted by Travel Rebound but Slowdown Looms
January 26, 2023  |  Payment Methods

Slower volume growth is in the cards, but consumers are still spending. Mastercard’s latest earnings results show at least some nod to economic uncertainty that...

READ MORE >
McCormick Sees Private-Label Trend Reversing as Inflation Slows
McCormick Sees Private-Label Trend Reversing as Inflation Slows
January 26, 2023  |  Earnings

After months of trade-down to private-label groceries, McCormick said shoppers are returning to name brands. The spices and flavorings giant, which brings in more than...

READ MORE >
Kroger Expands Pharmaceutical Efforts with Clinical Trials as Grocers Diversify
Kroger Expands Pharmaceutical Efforts with Clinical Trials as Grocers Diversify
January 25, 2023  |  Retail

To expand its healthcare reach, Kroger is getting into clinical trials. The grocery giant announced Tuesday (Jan. 24) that its Kroger Health division is working with pharmaceutical organizations to...

READ MORE >