In the U.S., electronic B2B payment value remains dominated by ACH: Packaged Facts in the report "Commercial Payment Cards: U.S. and Global Market Trends, 10th Edition" estimates that commercial cards comprised 3.7% of electronic B2B payment value in 2016.
January 15, 2018The sheer volume of spending on food at home by affluent households—which is in excess of $100 billion—makes them an essential consumer segment for food manufacturers, marketers, distributors, and grocers...But, as Packaged Facts reports, it’s not money alone that sets affluent food shoppers apart.
July 1, 2019Between 2006 and 2016 African-Americans were responsible for a significant portion of the growth in several key categories of financial services.
February 12, 2018Airlines remain a co-branded credit card lynchpin, contributing $379 billion to some $990 billion in total 2018 U.S. co-branded card purchase value.
September 16, 2019In its just-released Buy Now, Pay Later: Point-of-Sale Installment Loans report, we estimate that the BNPL installment lending market in the U.S. grew to $250 billion in 2020
October 5, 2021Once home to consumers with higher risk profiles and higher chargeoff rates, store credit card volume and active accounts took a nosedive during the recession, as issuer portfolios groaned under the strain of bad debt and reduced customer engagement. But signs point to a private label turnaround. Deal-making activity suggests that private label card programs have become a more viable and stable income source for issuers; the payment card segment has been buoyed by a spate of deals that has invig...
August 15, 2013The commercial payment card industry is at a tipping point. Find out why…
February 11, 2020While consumer credit card loans outstanding are on the rise, growth remains relatively subdued, especially in comparison to automobile and student loan growth rates, suggesting that consumers continue to approach card debt conservatively.
June 1, 2017After the US Department of Labor’s Fiduciary Duty rule was struck down by a federal appeals court in 2018, the federal government has yet to issue another iteration of the rule. However, a handful of states are attempting to create a robust standard.
May 13, 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, 2014