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PSCU: Owner CUs Saw Rising Debit, Credit Sales Volumes Over The Holidays

PYMNTS

PSCU’s Data & Analytics and Advisors Plus workforces collected and examined information from credit unions that harnessed PSCU for credit and/or debit processing during the 2020 and 2019 holiday seasons to calculate the 2020 holiday data. Purchases between Nov. percent for debit and 18.1 percent to 5.2

Volume 62
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Mastercard: Holiday eCommerce Sales Grew 18.8 Pct YOY

PYMNTS

percent from Nov. eCommerce sales hit a record high this year, with more people doing their holiday shopping online,” said Steve Sadove, senior advisor for Mastercard and former CEO and chairman of Saks Incorporated. billion on Super Saturday in 2019, exceeding Black Friday sales by 10 percent. Sales on Super Saturday – Dec.

Visa 53
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Nonfinancial Corporations Sitting On Record Pile Of Cash

PYMNTS

trillion at the end of June, up 30 percent over 2019, The Wall Street Journal reported on Friday (Dec. It doesn’t make sense for cash-laden companies to pay down debt in this interest-rate climate,” David Kotok , chief investment officer at Cumberland Advisors, told the WSJ. 4), citing a Moody’s report. .

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2018: The Year Of The Confident Consumer

PYMNTS

percent from Nov. It was a very healthy holiday season all around,” Steve Sadove, senior advisor for Mastercard and former CEO and chairman of Saks Inc., The personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, edged up 0.1 percent after increasing 0.2 percent in September.

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Q3 Retail Earnings Show Mixed Bag Of Consumer Spending

PYMNTS

Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. TJ Maxx and HomeGoods showed a 4 percent increase in sales in the quarter that closed Nov. 2 and upped profit forecasts through the end of 2019. Commerce Department’s report Friday (Nov.

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Former Saks CEO On Retail’s Big 2018 Holiday Jump

PYMNTS

27) that featured Karen Webster and Steve Sadove, senior advisor for Mastercard and former CEO and chairman of Saks Inc. Mastercard, in its SpendingPulse report, defines the holiday shopping season as running from Nov. That was a theme of a PYMNTS interview conducted Thursday (Dec. percent year-over-year to more than $850 billion.

Visa 62
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

2,500 $992 16 Betterment 498 2008 NYC 1,930,000 $435 17 Wealthfront 453 2011 SF 1,964,000 $274 18 Petal 404 2016 NYC 340,000 $992 19 Braid 390 2019 SF 12,000 $0 20 M1 Finance 371 2015 Chicago 1,230,000 2.2 1,080 $491 26 One Finance 248 2019 SF 1,110,000 1.7 124 $66 27 Axos 220 2013 1,110,000 $0 28 Majority 126 2019 Stockholm 168,000 4.6

NOV 15