Consumer Finance

Markets Expected to Lower Poverty Rate the Most by 2030

by January 29th, 2017

Euromonitor International’s Wealth and Income distribution model looks at 50 markets through a measure of income and accumulated wealth. Our model forecast the growth of these factors to 2030 and has valuable insight as to where consumers will exit poverty and enter the middle class over the forecast period. For consumer finance, these consumers that are […]

Personal Credit Cards – Global Outlook

by January 23rd, 2017

Personal credit cards are a crucial payment method for consumers. Worldwide, personal credit card transactions comprise over one-third of all non-commercial card payments and have seen strong growth in recent years. Credit cards are expected to continue to gain share over the next five years, reaping additional market share from the ongoing transition away from […]

Introduction to Euromonitor Quarterly Global FMCG Industry Forecasts

by and October 19th, 2016

In Q3 2016, the global economic outlook declined as mounting uncertainty in Europe, the UK and the US outweighed any boost from the BRICs. This quarter, fast moving consumer goods (FMCG) forecast growth revisions from Euromonitor International’s Industry Forecast Model generally point to marginal retail sales downgrades through 2020.

Recap of the Bank Customer Experience Summit in Chicago

by September 23rd, 2016

The recent Bank Customer Experience Summit in Chicago brought together several of the largest financial institutions and payment technology providers to discuss the changing financial service landscape. The challenges facing mainstream financial service providers included adopting technology preferred by younger consumers while maintaining services preferred by older consumers, transitioning to a lower cost branch network […]

Consumer Card Transactions Overtake Cash Payments for the First Time in 2016

by September 22nd, 2016

CHICAGO – Global market research company Euromonitor International released today new consumer finance industry data. According to the new research, consumer card payments will surpass cash payments for the first time in 2016, registering USD $23.1 trillion globally. Consumer card payments and mobile-commerce will see a 6.6 percent and 23 percent compound annual growth rate […]

Apple Pay Japan – Apple Looks to Ride Japanese Trains to Success

by September 9th, 2016

Apple held its annual fall event this Wednesday, September 7th 2016. While the iPhone continues to headline Apple’s fall events, Wednesday’s presentation also spent considerable time focused on an important country for Apple and its mobile devices – Japan. The big announcement for the Japanese market came when Apple unveiled that it would be extending […]

Moving from Financially Underserved to Fully Banked: Euromonitor to Support Bank Customer Experience Summit

by August 27th, 2016

Moving from financially underserved to fully banked There were more financially underserved consumers as a share of total banked consumers in 2015 in the US in over a decade. This presents a significant opportunity for financial institutions looking to increase share of consumer lending and total consumer credit. The share of the banked population considered […]