The Data Point

Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
August 15, 2024  |  Mobile Wallets

Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights...

READ MORE >
Property Management Report Shows Over Half of Tenants Pay Rent Online
Property Management Report Shows Over Half of Tenants Pay Rent Online
August 09, 2024  |  Faster Payments

In the expansive rental market, where more than 34% of Americans make monthly payments, traditional methods like paper checks and wire transfers are proving inefficient....

READ MORE >
Banks Eye BNPL as Way to Reach Gen Z
Banks Eye BNPL as Way to Reach Gen Z
August 07, 2024  |  Buy Now Pay Later

As the financial landscape continues to evolve, traditional banks face an increasing challenge from digital-native FinTechs. The recent surge in buy now, pay later (BNPL)...

READ MORE >
8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

READ MORE >
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
August 05, 2024  |  Digital-First Banking

The banking industry is experiencing a seismic shift as agile, digital-native FinTechs capture an ever-growing share of the market. Burdened by outdated technology, traditional financial...

READ MORE >
70% of Small Businesses Want Better Cash Management Services From Banks
70% of Small Businesses Want Better Cash Management Services From Banks
July 31, 2024  |  SMBs

Small to mid-sized businesses (SMBs) are contending with a perfect storm of financial difficulties: outdated payment systems, persistent inflation and delayed payments. These issues disrupt...

READ MORE >
Families May Travel More Often, but Spend Less Than Couples Without Kids
Families May Travel More Often, but Spend Less Than Couples Without Kids
July 29, 2024  |  Consumer Insights

Married couples without children are leading the way in travel spending, data show, and as others pull back their purchasing in the category, these dual-income-no-kids...

READ MORE >
Three Big Shifts for Banking From PYMNTS Intelligence’s Embedded Finance and BaaS Report
Three Big Shifts for Banking From PYMNTS Intelligence’s Embedded Finance and BaaS Report
July 26, 2024  |  Banking

As the financial services landscape rapidly evolves, traditional banks and financial institutions (FIs) find themselves at a pivotal juncture. The emergence of embedded finance and...

READ MORE >
How the World Does Digital: Government-Led Program Gives Netherlands a Digital Boost
How the World Does Digital: Government-Led Program Gives Netherlands a Digital Boost
July 17, 2024  |  Connected Economy

Famed for its vibrant tulips and ubiquitous bicycles, the Netherlands is proving innovation isn’t limited to pedal power. This nation, boasting the world’s largest flower...

READ MORE >