Today in data, new research by PYMNTS finds that a majority of B2B firms were unhappy with the solutions they have for dealing with fraud. Data $438M: Amount of money lost to authorized push payment (APP) fraud in the U.K. last year 68%: Share of...
Today in data, retail sales rise slightly in the U.S. as Walmart and Home Depot report their earnings. Data $142B: First-quarter sales reported by Walmart as its bottom-line profit fell by 23% $38.9B: Home Depot’s reported Q1 sales, the highest first-quarter sales in its history...
After a volatile week for cryptocurrencies and stablecoins, EU regulators renewed their call for a digital euro, which could arrive in four years. Data $1.3T: Market cap for cryptocurrencies following last week’s drop 90%: Portion of central banks working on a CBDC 20%: Share of...
Today in data, buy now, pay later (BNPL) transaction volumes are growing, suggesting the durability of this relatively new business model. Data 12.7M: Number of active customers reported by BNPL company Affirm 10M: Amazon’s investment, in dollars, in EFG Hermes as part of its new...
Today in data, the stablecoin TerraUSD falls, leading to a market-wide cryptocurrency collapse. Data 29B: Market capitalization in dollars of LUNA coin two weeks ago 60M: Number of Americans who have purchased cryptocurrency in the last year 40M: Funding in dollars announced by crypto-to-fiat startup...
Today in data, inflation moderates for the first time in eight months, while its effects are still being felt. Data 828,000: Number of active users on luxury resale platform The RealReal — a 21% increase — as people buy used to skirt high prices 2,500:...
Today in data, inflation has consumers reconsidering the cost of expenditures, such as subscriptions. Data 750M: Loss in dollars posted by Peloton this week after the pace of its new subscriber growth fell by 50% 1.2M: Number of subscription plans reported by GoodRX in the...
Today in data, the COO of payments firm Plastiq advises caution on cryptocurrency as Coinbase readies potentially disappointing news. Data 50: The number of people working in the SEC’s Crypto Assets and Cyber Unit. 25%: The amount top U.S. cryptocurrency trading platform Coinbase has fallen in...
Today in data, restaurants try to promote pickup ordering as new federal jobs numbers show a tight labor market. Data $6B: Yum Brands’ digital sales for the first quarter, a 15% rise from last year 400,000: Number of jobs that the food and beverage sector...
