Transitions In Digital Retail And Consumer Banking

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California-based social media platform Pinterest is moving more toward commerce in hopes of making it easier for users to buy the images they post. In digital commerce, online shopping platform Shopify is focusing on navigating the rotation back to offline retail. And in consumer finance, the onset of the pandemic brought about demand for digital-first banking experiences among consumers across various demographic groups. All this, Today in Data.

Data:

$988.6M: Shopify’s total revenue for the first quarter.

478M: Pinterest’s global monthly active users (MAUs) for the first quarter.

45.8K: Approximate number of partners that referred a merchant to Shopify over the past 12 months.

30M: Number of Americans who paid by contactless card or digital wallet prior to the pandemic.

23%: Share of credit union members who want innovative mobile banking capabilities from their CUs.




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