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.


Gift Cards: Mother’s Day Among Select Billion Dollar Occasions

Gift Cards: Mother’s Day Among Select Billion Dollar Occasions

40% of U.S. adults purchased a gift card in the past year


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.


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.


Goldman Sachs Reaches for the Apple (Pay Credit Card)

Goldman Sachs Reaches for the Apple (Pay Credit Card)

Backed by the marketing muscle of Apple as the world’s largest company by market value, the reach of its ecosystem, and the loyalty of many of its customers, the card could make a splash at the deep end of the consumer payment pool, at top-of-digital-wallet and incent more iPhone users to migrate to Apple Pay.


ACH: Beat It or Join It?

ACH: Beat It or Join It?

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.


The Costco AnyWhere Visa: Off to the Races

The Costco AnyWhere Visa: Off to the Races

Industry watchers have debated the viability of the Costco Visa credit card program since Citi announced acquiring it, but the move could prove profitable sooner rather than later.


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.


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.


What’s in your (digital) wallet?

What’s in your (digital) wallet?

This 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...