Another day, another opportunity to dive into the data driving the biggest news.
American Express finally got some good news, overdrafts hit millennials particularly hard, Forter had a big Series C and new parents spent a lot of money shopping online.
So what are the data tidbits everyone should know right now?
American Express And Some Long-Awaited Good News
$8.1 Billion | The total value of American Express’ top line in Q2 2016, up 2 percent over Q1. Total cards were up 6 percent; spend on those cards grew by 4 percent year over year and 2 percent globally.
The High Cost Of Overdraft
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$11 Billion | The total amount 628 major banks in the U.S. bagged in revenue from overdraft fees.
New Parents’ Online Shopping Addiction
$6 Billion | The total amount new parents spend online each year; about $2.58 billion of that is spent on Amazon.
Forter’s Big Series C
$32 Million | The amount of Series C funding Forter raised in a round led by Scale Venture Partners.
First Data’s SMB Strength
28 | The percent of global online transactions First Data powers – a differentiator that First Data President Guys Chiarello says positions Clover Online Store well in serving SMBs with its newly launched Clover Online Store.
