Opportunities And Challenges In Retail And Banking 

By  |  November 18, 2020
 | 
Opportunities And Challenges In Retail, Banking

JD.com experienced a surge in net revenues for its most recent quarter amid a pandemic-bolstered rise in eCommerce. In personal finance, average consumer-level credit card balances have fallen during the course of the pandemic. And in banking technology, a sizable number of consumers in the United States don’t use mobile banking apps because they are dissatisfied with the user experience of those programs. 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:

    $5,075: Average consumer-level credit card balance as of Q3 2020.

    68%: Portion of banking app users who want transaction-specific authentication for added security.

    47.7M: Approximate number of U.S. consumers who don’t use mobile banking apps because they are dissatisfied with the user experience.

    38%: Share of consumers depositing checks who are more likely to do so via app than before the pandemic.

    Advertisement: Scroll to Continue

    $25.7B: Amount of JD.com’s Q3 net revenues amid a pandemic-boosted surge in eCommerce.


    Recommended

    CFTC, Senate

    Senate Confirms Michael Selig as CFTC Commissioner and Travis Hill as FDIC Board Chairperson

    stablecoins, senate, legislation, regulations, cryptocurrency

    Senate Bill Would Create Federal Task Force to Combat Crypto Scams

    AI-healthcare-technology-playbook

    How AI Is Rewriting the Healthcare Playbook

    Mastercard-MoneyHash-partnerships-merchants

    Mastercard and MoneyHash Team on Merchant-Focused Solutions in Middle East and Africa

    See More In: , , , , , ,