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In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a creditunionserviceorganization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall creditcard spend was down 29.9
Consumers are … rethinking whether they should be paying for goods with cash, creditcards or debitcards. Consumers must also consider whether it still makes sense to use credit when cash is tight, or if doing so will put them into debt that could become harder to pay off as job losses deepen.”.
With the Insight dashboard, CFIs will get real-time program management and reporting, as well as cardholder analytics, behavior, and other metrics, making it easier for CFIs to enroll and engage with their customers. ” Pictured: Director of Product Michael Hall demonstrating the Buzz Points Mobile App at FinovateFall 2015 in New York.
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