Taking New Approaches To Retail And Microbusiness Banking

By  |  June 24, 2020
 | 
New Approaches To Retail, Microbusiness Banking

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. In eCommerce, in an effort to attract and retain online customers, Amazon’s The Big Style Sale is serving as something of an event filler as Prime Day has been delayed due to the pandemic. And in banking, credit unions (CUs) are innovating to help the microbusinesses that make up a small yet key part of their ecosystem. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    2017: The year Amazon acquired the Whole Foods grocery chain.

    $100M: Amount of a fund Netflix has set up to help creatives whose jobs were affected by COVID.

    46%: Share of credit unions that are planning to add digital wallet options in the next three years.

    42%: Portion of consumers who are using digital channels more often than before the pandemic.

    Advertisement: Scroll to Continue

    36%: Share of CUs that consider microbusinesses to be a very or extremely important part of their member base.


    Recommended

    Unboxing Gifts for the Pet Who Tolerates You

    Unboxing Gifts for the Pet Who Tolerates You

    Senate Bill Aims to Gather Data About AI’s Impact on Workforce

    Dozens of Apple Employees Have Moved to OpenAI and Meta in Recent Months

    credit cards consumer credit

    Consumers Added to Card Balances Ahead of Holiday Shopping

    See More In: , , , , , , ,