Tagged: spending patterns

December 28, 2023 @ 8:56 am By Omar Faridi  |  

Bank of Ireland credit and debit card data for the first two weeks of December revealed that spending levels rose nationwide compared to the same period in 2022. Cavan shoppers engaged in “the biggest pre-Christmas splurge, with spending in the county rising by 11% during… Read More

October 23, 2023 @ 10:43 pm By Omar Faridi  |  

The scale of Christmas / holiday spending cutbacks due to the cost of living is highlighted in new research from KPMG UK – which shows consumer intention “to cut back on buying gifts, groceries and socializing.” Over 2600 UK consumers were surveyed for KPMG –… Read More

February 13, 2023 @ 2:47 pm By Omar Faridi  |  

Brex has released Brex Startup Review — a comprehensive data report that “looks back at the startup and macro trends of 2022 and what they may indicate for 2023.” The report delivereod several key findings, including: Later-stage companies are making larger cuts in spending overall,… Read More

October 4, 2022 @ 8:47 pm By Omar Faridi  |  

From re-using back-to-school items to starting side-hustles, new data from Barclaycard reveals how Brits are “changing their spending behavior to make their money go further during the cost-of-living crisis, while also trying to make the most of the summer holiday period.” Insights are taken from… Read More

September 18, 2022 @ 9:37 pm By Omar Faridi  |  

This holiday season, U.S. retail sales excluding automotive are “expected to increase 7.1% year over year,” according to the Mastercard SpendingPulse annual holiday forecast. Mastercard SpendingPulse “measures in-store and online retail sales across all forms of payment.” It is “not adjusted for inflation.” The holiday… Read More

July 7, 2022 @ 4:47 pm By Omar Faridi  |  

Revolut, the global financial super app with more than 18 million customers worldwide, has revealed new insights on spending on the Fourth of July. The US’s under 35s contributed “almost half of total spending yesterday, making up 57% of total transactions during the day.” 12%… Read More

February 25, 2022 @ 12:13 pm By Omar Faridi  |  

Fintech firm Ramp, which offers a finance automation platform and claims to have one of the fastest-growing corporate cards on the market,  has introduced Ramp for Travel, a new AI-assisted travel solution that enables workers to “book anywhere and gives finance teams an unprecedented level… Read More

March 20, 2021 @ 1:57 pm By Omar Faridi  |  

Visa confirms that a year into the Coronavirus pandemic, digital payments continue to “keep money moving.” The company’s latest report reveals that consumer behavior is changing how businesses sell or market their products in a post-COVID environment. Visa notes that due to the COVID outbreak,… Read More

March 14, 2021 @ 3:59 pm By Omar Faridi  |  

Digital banking challenger Revolut confirms that Spring is in the air and it’s “giving us life!” Revolut writes in a blog post that it has been hard at work on its latest updates for clients, and it’s hoping they “put a spring in your step… Read More

March 6, 2021 @ 10:48 am By Omar Faridi  |  

Current, one of the leading digital banks in the US, reveals that it’s been a busy few weeks at the company as they began receiving tax refunds for thousands of clients five working days faster than regular banks. Current claims that most of the money… Read More

December 13, 2020 @ 8:00 pm By Omar Faridi  |  

The COVID-19 pandemic reshaped consumer mentality and habits, especially as it relates to people’s financial needs. But it remains unclear what new habits born out of necessity are here to stay and what will vanish as the pandemic grinds to an eventual halt. We recently… Read More