The latest numbers out of the payments and commerce world show eCommerce and other retail gains for a major U.S.-based player, while another company – one more closely focused on lending – showed growth in personal and auto loans. But growth is about more than bigger numbers. Sometimes moving ahead requires breaking down legacy infrastructure. And sometimes progress comes from upstarts and challengers.
Data:
43 percent: Walmart’s year-over-year eCommerce growth in Q4.
39 percent: Share of U.K. banking customers who prefer using apps for banking.
$2.87 billion: Amount of Q4 loan originations for LendingClub.
1 million: Number of users of U.K. challenger bank Monzo.
2,100: Number of Walmart locations with grocery pickup.
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