Why Banks and Creditors Can Bet on Affluent, High Net Worth Consumers Even During Recession

Why Banks and Creditors Can Bet on Affluent, High Net Worth Consumers Even During Recession

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.


Wealth Share Analysis: African American Consumers

Wealth Share Analysis: African American Consumers

When it comes to various multicultural consumers, financial parity is still a long way off.


Multicultural Consumers Struggle with Debt and Financial Confidence

Multicultural Consumers Struggle with Debt and Financial Confidence

African American and Hispanic consumers are more likely than average to view debt as a necessary evil


The Prepaid Card Evolution

The Prepaid Card Evolution

These days, general-purpose reloadable prepaid cards are better served by the phrase “prepaid account,” which helps underscore their evolution from payment cards to fully-fledged banking products.


African-Americans Help Drive Growth in Financial Services, but Missed Opportunities Persist

African-Americans Help Drive Growth in Financial Services, but Missed Opportunities Persist

Between 2006 and 2016 African-Americans were responsible for a significant portion of the growth in several key categories of financial services.


Unbanked Millennials: A Matter of Perspective

Unbanked Millennials: A Matter of Perspective

The theory that Millennials are abandoning banks may be overblown, depending on how their banking relationships with those banks are being defined.


Digital Payments Juice Credit Card Usage While Helping to Avoid Risk

Digital Payments Juice Credit Card Usage While Helping to Avoid Risk

While 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.


The truth of the consumer banking matter

The truth of the consumer banking matter

Myths, half truths, falsehoods. Consumer banking in the modern era is fraught with as many unfortunate misconceptions as it is growth opportunities. In this blog, Packaged Facts sorts fact from fiction and sheds light on how important this segment of the financial services still is to Americans of all ages.


Prepaid cards make inroads with Millennials

Prepaid cards make inroads with Millennials

Prepaid cards are an ideal vehicle to provide Millennials with a low-cost, mobile- and tech-forward payment instrument for everyday use—a strategy not lost on market participants seeking to broaden their user base.


For commercial payment cards, globalization is good business-but competition is increasing

For commercial payment cards, globalization is good business-but competition is increasing

Globalization 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...