Technology Drives Innovation In Retail And Banking

By  |  February 19, 2021
 | 
Mobile Wallet

Walmart registered mixed results for its last financial quarter, while the retailer said it was going to bolster and accelerate investment in important digital areas. In brick-and-mortar retail, Batteries Plus plans to grow its physical presence with a number of new stores this year. And in banking, credit union members are less interested in seeing innovation in areas like mobile wallets than in areas like loyalty and reward and anti-fraud solutions. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    $350K: Minimum net worth investors need to buy a Batteries Plus franchise.

    86%: Share of credit unions that report investing in mobile wallets.

    50: Number of stores that Batteries Plus plans to open this year.

    22%: Portion of credit union members who would consider switching financial institutions over innovation.

    Advertisement: Scroll to Continue

    $1.39: Amount of Walmart’s adjusted earnings per share for the fourth quarter.


    Recommended

    Uber Teams With Shopify to Offer Merchants One-Hour Delivery

    European Union, EU

    EU Finance Ministers Set to Call for Simpler Financial Services Regulations

    SoFi Debuts ‘All-In-One’ Account Smart Card

    AppDirect Acquires vCom to Bolster ‘Everything Store’ for B2B

    See More In: , , , , , , ,