How Used Cars And Sales Taxes Are Building The Digital Future

Can digital technology really take the hassle out of used car sales – and compete with dealerships and lots? Is there a better way to deal with online sales taxes? Will fraudsters run wild this holiday shopping season? And how will challenger banks fare in 2020?

Data:

62 percent: Portion of U.S. consumers who conduct most of their banking offline.

$10B: Estimated online food delivery fees by 2023.

73 percent: Share of U.S. consumers who most often access bank accounts online and via mobile.

16,000: Estimated number of new car dealerships in the U.S.

8 percent: Rise in number of small businesses using their FIs’ mobile banking apps between 2018 and 2019.