NFT trading was up 21,000% in 2021. Plus, HSBC will soon join the metaverse with a virtual stadium in The Sandbox, and former Disney Chairman Bob Iger is investing in NFT startup company Genies. Data $3T: Total value of assets managed by HSBC 99%: Share...
Mental health experts aren’t keeping up with the growth of telehealth. Plus, healthcare providers and insurers are testing new types of payments and processes to keep patients happy, and healthcare needs a mix of tech and human touch to work best. Data 22%: Share of...
An Amazon and Affirm partnership brings buy now, pay later (BNPL) to the masses. Plus, banks can take the lead in the BNPL market by leveraging a customer trust advantage, and BNPL options are coming to Main Street businesses. Data 52%: Share of U.S. consumers...
Today in Data, the Utah Jazz teams up with Airbnb to provide temporary housing for Ukrainians in crisis during Russian attacks. Plus, big brands calculate what comes next if and when they end or suspend their Russian operations, and FinTechs raise money to help Ukrainians...
Coupon businesses are evolving to meet the demands of today’s consumers. Plus, Mastercard SpendingPulse shows shoppers weren’t shy about spending in February, and the Freestyle segment of Stitch Fix grew almost 30% as buyers want to choose their own clothes again. Data 8.7%: Increase in...
Dollar General is debuting a banking option and testing flexible payments. Plus, Amazon overtakes Walmart in 2021 retail spending with a fourth-quarter surge, and retailers with a presence in Russia face a big decision as that country’s invasion of Ukraine continues. Data 9.4%: Amazon’s...
Airpay is using a hands-on approach to encourage Indian consumers to go cashless. Plus, rising gas prices add another variable to retail industry’s recovery, and activist investor Ryan Cohen is pushing Bed Bath & Beyond to consider a sale. Data $4.11: Highest per-gallon gas price...
Verifying new customers’ identities remains the biggest challenge for businesses. Plus, Costco looking to stand out from the crowd with its unusual product mix, and all the latest news from Amazon and Walmart. Data 12.6%: Increase in Costco digital sales in fiscal 2022 Q2 $4B:...
Today in Data, Best Buy says technology is all-encompassing and becoming ever more life-changing, while Victoria’s Secret continues its full-scale transformation. Plus, Amazon closes its bookstores. Data $199: Price of Best Buy TotalTech membership 40%: Best Buy’s digital penetration rate 15: Number of Victoria’s Secret...
