Today In Data: Figuring Out The New Fundamentals

By  |  October 30, 2018
 | 
Today in Data: Figuring Out the New Fundamentals

Today’s conventional wisdom has a way of becoming tomorrow’s outdated – or nearly invisible – idea. In recent memory, the CW was that Google and Facebook would always control digital advertising, Apple was invincible and Amazon was indivisible – but these days, any of that could be up in the air. And, in fact, up in the air is a trend, in the U.S. and around the world, and across commerce and payments, both B2B and B2C. The smart money, in most cases, is on the in-depth study – and a willingness to be flexible and quickly adaptive.

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    Data:

    $500 million: The amount fraudsters were nearly able to steal from Angola, but for the sharp eyes of a bank teller.

    $44 million: Amount Pintec Holdings raised with its IPO on the Nasdaq last week.

    70 percent: Share of top 1,000 digital firms that accept PayPal.

    28 percent: Decline in prices charged to advertisers on Google, the largest dip in three years.

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    15 percent – 20 percent: Cost savings netted when switching from manual to automated calculation of miles for reimbursement.


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