As prognosticators attempt to call the beginning of the next recession, one thing is fairly certain: Affluent and high-net worth families are an intriguing recession bet.
June 13, 2019For more insights from Co-branded and Affinity Credit Cards in the U.S. visit the report product page here. With credit cards offering ever richer rewards tier architectures (is 3-2-1 already passé?), many wonder whether the card industry is trading rewards for lower profit margins. So far, we think this concern is overblown: rewards costs are indeed rising; but as they move toward lower-cost digital channels, card member acquisition and communication expenses are falling. But acquisition m...
November 2, 2015Survey: 3% of respondent Walmart purchasers have used a Walmart tax service in the last 12 months at a Walmart store by: picking up their tax refund in cash, receiving assistance from a tax professional, or getting a tax refund advance at a Walmart location.
April 15, 201940% of U.S. adults purchased a gift card in the past year
May 6, 2019Globalization is occurring at a rapid pace, requiring increased simplification and control over employer payments and expenses across multiple countries. Among payment providers (networks and card issuers alike), this has undoubtedly caused growing pains, as they struggle to craft solutions sophisticated and robust enough to meet global challenges of many stripes-regulatory and operational hurdles among them. But in plain English, it also means payments expansion-following the arc of global gr...
May 2, 2014This blog is based on the report Mobile Payments in the U.S. View the abstract and table of contents here. Aug. 10 - Take a peek at your wallet or purse and what do you see? A little cash? A driver’s license? Employee ID and insurance cards? Some lint? And, of course, a nice mix of payment cards? For a card issuer, it all comes down to where their card stands in your wallet: is it your primary card, the one that sits at the top of your wallet-the one you grab the most when paying? For many i...
August 10, 2016Pearson in November agreed to sell Wall Street English, which operates learning centers in China and Italy, to a consortium consisting of funds affiliated with Baring Private Equity Asia and CITIC Capital.
November 29, 2017Packaged Facts is your trusted source for market research on the financial services industry. We cover topics ranging from financial services for small businesses to debit & credit cards to mobile payments. See our full catalog of related reports here. June 27 - Survey analysis performed for Packaged Facts’ Underbanked and Unbanked Consumers report suggests a clear general trend away from having checking and savings accounts at traditional banking institutions even while consumers eschewing th...
June 27, 2016The Gig Economy is getting a spike from federal employees who are financially ambushed by the government shutdown.
January 14, 2019Marketers and retailers have long recognized the exceptional role Hispanic consumers play in their growth strategies. Sheer numbers are one reason. Yet, Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population. They now represent a market with outsize spending power that will only continue to grow in the future.
November 28, 2016