Case study: Moneris + Signal49 Research

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About Signal49 Research

The Signal49 Research has provided trusted research to inform solutions to the country’s toughest problems for 70 years now, so leaders can make decisions based on evidence, helping to build a stronger future.

With comprehensive research and unparalleled connections in the industry, Signal49 Research delivers unique insights to clients and to all Canadians helping them solve Canada’s pressing problems.

Why Moneris^®?

As a leader in the Canadian economic landscape, one of Signal49 Research's newest reports is the Index of Consumer Spending, which tracks changes in consumer spending activity. The Index of Consumer Spending is powered by Moneris Consumer Spending data. 

“As a trusted voice and an economic powerhouse, our analyses support informed decision-making – helping to shape a stronger future. The launch of our new Index of Consumer Spending, powered by Moneris, is a robust addition to our comprehensive lineup of economic resources,” says Sohaib Shahid, Director of Economic Innovation, at Signal49 Research.

Using Moneris’ exclusive consumer spending data and insights from point-of-sales activity, Signal49 Research built the Index of Consumer Spending, which tracks weekly year-over-year changes in consumer spending to gauge economic activity in Canada and its provinces. 

“Moneris had the data we were looking for. Data that are of high frequency and high quality. So, we created an index using that data and produced that in the form of the Index of Consumer Spending,” added Sohaib Shahid.

To learn how you can make more data driven business decisions, click here.

Looking ahead

From a partnership perspective, Shahid and his team have found a lot of value in Moneris’ work in the consumer data space and are looking forward to what’s next. “We’re very happy to have a strong, healthy, ‘win-win’ partnership with Moneris and we’re open to exploring ways to deepen our work together moving forward,” he said.

To learn more about Signal49 Research and their partnership with Moneris, click here.

Author Profile

Moneris Team

Moneris is a leading provider of payment processing solutions in Canada. Our blog is your go-to resource for insights into the ever-evolving world of payments. We cover everything from the latest industry trends and technologies to practical advice for businesses of all sizes. Our blog's mission is to spotlight small businesses and provide resources that help them succeed in today's economy. Blog articles are written by members of Moneris' in-house marketing team with support from internal product and industry experts.