Our research focuses on the five core coverage areas below. We apply our rigorous research methodology to our reports, charts, forecasts, and more to keep our clients at the forefront of key developments and trends before they hit the mainstream.
EMARKETER delivers leading-edge research to clients in a variety of forms, including full-length reports and data visualizations to equip you with actionable takeaways for better business decisions.
Our goal is to unlock digital opportunities for our clients with the world’s most trusted forecasts, analysis, and benchmarks. Spanning five core coverage areas and dozens of industries, our research on digital transformation is exhaustive.
The news: Walmartwill revive the remittance product it retired in 2018 so customers can send money from stores in the US to locations in Mexico.
The new Walmart2WalmartMexico is designed with affordability at the forefront: Per-transaction fees will be as low as $2.50.
Walmart said the offering is part of its approach to provide financial services for unbanked and underbanked people.
The bigger picture:Restoring US-Mexico remittances is Walmart’s latest step toward broadening its stateside financial services lineup.
Neobanking. When Hazel came out of stealth mode in January, Walmart, which launched the fintech with Ribbit Capital, said it would get into neobanking. Hazel will be renamed ONE after a neobank that it’s acquiring and will offer products through an app and in Walmart stores. Services will also be available through collaborations with other merchants and employers.
Deposit accounts. Walmart rolled out a demand deposit account (DDA) version of its prepaid debit card, Walmart MoneyCard, in June 2021. The DDA is accessible both online and in Walmart’s stores.
The big takeaway:Walmart is making an omnichannel play that is effectively its own version of branch banking. Its mass-market approach is a continuation of how it serves its customer base and stands in contrast to branch strategies that incumbent banking players are trying out in the US.
Hybrid branches offered by banks like PNC and U.S. Bank emphasize hands-on customer service for complex needs while pushing self-service for transactional tasks.
TD Bank’s New York City flagship branch, a version of the hybrid model, has an open floor plan designed to reflect how consumer habits have shifted since the pandemic started.
M&T Bankrevamped its branches to serve people from different backgrounds: They can use banking services in their preferred languages, and there are staff who understand cultural nuances.