Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. In addition, Stitch Fix Inc. beat analysts’ revenue and earnings estimates for the second quarter of its fiscal year 2019 amid a focus on data science. And Neighborhood Goods is looking to help brands that want to connect to physical retail, while Hong Kong-based Klook has global ambitions for one-stop activity shopping. All this, Today In Data.
Data:
$370.3 million: The net revenue of Stitch Fix. Inc. in the second quarter of its fiscal year 2019.
$183 billion: The amount the global market for travel activities is expected to reach by 2020.
90 percent: The portion of consumers whose top online activity is personal banking.
60 percent: The share of U.S. smartphone users with at least one financial services app.
$8.8 million: The amount by which Neighborhood Goods had expanded its seed round in February.