PSCU Payments Index June 2021: Deep Dive on Entertainment

Summary: Over the past month, various factors impacting the payments industry indicate signs of economic rebound continuing to accelerate. With the CDC updating its travel guidance and relaxing guidelines on social distancing and activities for fully-vaccinated Americans, consumer comfort levels continue to increase as domestic travel bookings and event attendance are on the rise. Notably, the Friday of Memorial Day weekend (May 28) boasted the highest single-day travel volume since March 2020. As we see continued signs of returning to pre-pandemic norms, we are pleased to present the third edition of the PSCU Payments Index. In our June 2021 edition, we explore the impact of these forces and take a deep dive into the Entertainment sector – one of the hardest hit during the COVID-19 pandemic – to help our financial institutions make informed, strategic decisions on the road ahead.