Nitin Sumangali
Analyst, Global Insights
Nitin Sumangali is an Analyst in the Global Insights group of MasterCard Worldwide. He is responsible for analyzing MasterCard and third-party research to support the development of market, consumer, and financial insights that can strengthen the performance of MasterCard and its customers worldwide. Mr. Sumangali is based in Purchase, N.Y. and can be reached at nitin_sumangali@mastercard.com.
As mobile begins to overtake traditional PCs, we anticipate a profound and widespread effect on the payments business. But what shape will it take? And where will it take hold? According a recent report from OnDevice Research, 38 percent of Chinese mobile web users only access the Internet via their mobile device. This is an
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Despite the best intentions of parents, educators, and the media, teenagers continue to engage in risky behaviors that adults don’t approve of. I’m talking about teens sharing their Internet passwords with their boyfriends and girlfriends. The wisdom of this trend highlights an important issue in digital culture that is transforming how people—and businesses—act online: How
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International shoppers coming to U.S. merchant websites are precisely the type of shoppers merchants dream of: They’re highly motivated to seek out the goods they want and willing to spend once they find what they like. These foreign consumers provide a powerful benefit beyond the sheer volume they deliver by building brand recognition in markets
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U.S. merchants, still reeling from domestic consumers’ shift to thrift, are finding a fallback position in the form of international tourists. By attracting global tourism, American retailers are encountering eager shoppers, pockets flush with foreign currencies. The Washington Post highlighted this trend recently by pointing out some of the overlooked opportunities for retailers that are
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While under the pressure of the global economic crisis comfort with credit has increased in regions like Latin America and developing Asian markets, more North American consumers are apprehensive about using credit to fund purchases. According to GfK Roper Consulting’s study, The Global Annual 2011 – A Global Re-Evaluation, in 2006, 44 percent of consumers
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Any economist will tell you that it’s not a good idea to gauge the health of the overall economy alone from the position—or the activity—of the stock market. But the Wall Street indices may be just as deceiving in trying to plot where consumer spending is going. The stock market swings of the week of
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The new regulatory environment for banks in the United States is changing one of the most highly valued innovations in the banking industry’s recent history: Free checking. Banks like BB&T and SunTrust have said the new regulations have caused them to trim free checking options, but these actions may have the unintended consequence of driving
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