First Data Launches SpendTrend® Holiday Insights Dashboard

Loading...
Loading...

New dashboard provides real-time, robust insights on holiday spending patterns across the U.S.

First Data FDC, a global leader in commerce enabling technology, today launched SpendTrend Holiday Insights, a real-time spending dashboard to help those at the cutting edge of commerce make data-driven business decisions this holiday season.

First Data's Holiday Insights spending results are based on data drawn from transaction activity from a selected subset of First Data's processing portfolio. The analysis includes all card-based forms of payment and is based on actual, same-store-sales activity. Growth rates reflect a year-over-year comparison of season-to-date trends.

"Using our data platform, First Data provides a view into spending trends across payment types and industry verticals, allowing us to deliver real-time data that helps our clients and partners drive top and bottom line results," said Glenn Fodor, Senior Vice President and Head of First Data Insights. "Holiday Insights provides real-time information for the upcoming high-volume consumer spending holiday season."

Insights will include seasonal growth rates for overall and industry-specific spending categories, geographic spending trends and special day-range callouts such as Thanksgiving and Black Friday, among others. In addition, Insights will provide a daily ranking of the most active subsectors and a look into dining spend velocity.

SpendTrend is the industry's trusted source of payment information, providing economic analyses revealing comprehensive views of consumer purchasing trends on a monthly and quarterly basis, and during holidays, based on actual sales data.

Holiday Insights is now available at www.firstdata.com/SpendTrend through January 3, 2019. Follow First Data on LinkedIn and Twitter for additional information on holiday spending trends.

About First Data

First Data FDC is a global leader in commerce-enabling technology, serving approximately 6 million business locations and 4,000 financial institutions in more than 100 countries around the world. The company's 22,000 owner-associates are dedicated to helping companies, from start-ups to the world's largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year. For more information, visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...