PYMNTS-MonitorEdge-May-2024

Digital Technologies, Stimulus Check To Reshape Commerce

SMBs Technology

Electronics giant Panasonic is said to be pursuing an increased stake in supply chain management company Blue Yonder. In economy news, retailers will reportedly be major beneficiaries of a third stimulus check. And in pandemic commerce, Main Street’s small to mid-sized businesses (SMBs) have implemented innovative technologies, while in payments innovation, digital intermediaries threaten the payments status quo. All this, Today in Data.

Data:

158.5M: Estimated number of households that will receive direct payments for COVID-19 relief.

100M: Number of devices on which Amazon Alexa is available.

73: Number of the 100 largest retailers that Blue Yonder serves.

59%: Share of Main Street survivors that generate sales on their websites.

5K: Number of employees that Blue Yonder has in 40 nations.

PYMNTS-MonitorEdge-May-2024