By: Steve Kreitlow, Continuing Education Facilitator & Consultant, TriVerity Credit card debt continues to rise, with delinquency rates escalating to well above pre-pandemic levels. The increasing delinquency rates mean more volume for collection departments. The...
By: Callen Holmes, National Sales Executive Credit cards have come a long way since they were first introduced in the 1950s. From metal “charge plates” and magstripes taped to cardboard to EMV chips and tap-to-pay technology, credit cards have evolved immensely since...
By: Norm Patrick, Vice President, Advisors Plus Consulting The financial landscape is changing, and digital payments are leading the charge. As consumers increasingly seek out more convenient and technologically advanced solutions, traditional card transactions are...
By: Kim Ploof, Managing Vice President As we reflect on the end of 2023, we see continued evidence of a soft economic landing. In our special edition Primax Payments Pulse, the 2023 Holiday Spending Report, we delve into year-over-year comparisons within financial...
By: Kim Ploof, Managing Vice President Over the last year, rising inflation rates and threats of a looming recession have pushed many consumers’ economic concerns to the forefront. With various factors in play, including the Fed’s hike in interest rates and...
By: Lou Grilli, Senior Innovation Strategist While cryptocurrency continues to make headlines, the recent focus has been on declining valuations rather than stunning surges. Bitcoin (BTC), the quintessential decentralized crypto, is still primarily viewed as a...
By: Gene Fredriksen, Security Strategy Consultant October is Cybersecurity Awareness Month, an annual reminder about the importance of protecting yourself from online threats — and offering a chance to sharpen your cybersecurity skills. This marks the 20th year of...
By Jason Medick, VP, Marketing, Advisors Plus Consulting The “most wonderful time of the year” is almost upon us — before you know it, holiday décor will be lining the shelves of stores. With Amazon announcing a “Prime Big Deal Days” sale in early October, the...
By: Wendy Elieff, SVP Client Service and Marketing, TriVerity and The Loan Service Center The U.S. Department of Education’s COVID-19 relief for student loan payments ended this month. Interest on student loans resumed at the beginning of September, and payments will...
By: Kim Ploof, Managing Vice President The Primax Payments Pulse: Summer 2023 Spending Report revealed signs of increased consumer sentiment about the economy, with consumer spending still moderate. Debit had higher year-over-year growth than credit, but purchase...