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Online Grocery Approaches $50B In Online Sales Worldwide

PYMNTS

Online grocers are growing at a much faster rate than traditional brick-and-mortar grocers, according to a new report. percent in the past fiscal year, compared to a 15 percent growth in online grocery sales. Of the total worldwide grocery market, online sales now make up 4.4 online grocery sales only account for about 1.4

Online 181
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Payments 2016: The Year Of Partnership Via API

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Partnership Via API. In looking back, I think 2016 will be viewed as a significant turning point in payments.

Payments 191
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2016 Innovators to Watch: 1 to 5

Bank Innovation

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

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Mobile vs. Desktop Usage In 2020

Perficient

We first began publishing this study in 2016. Mobile vs. Desktop 2016 (published 2017). We’ve broken it down into market segments, in both U.S. The following chart shows time-on-site stats by market category across different U.S. markets: Here, tablets show a strong lead in books and literature and games.

Mobile 421
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China To Displace US As Leading Retail Market

PYMNTS

this year as the leading retail market around the world. in terms of online sales. It has enjoyed triple-digit growth since 2016, but still owns only a small percentage of the market. China is expected to displace the U.S. percent, hitting $5.636 trillion. That compares to retail sales in the U.S. eMarketer noted that 35.3

Retail 181
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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market. The data also shows the emergence and success of online lenders, accounting for 20% of business loan applications.

Lending 195
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Prosper Shutting Down Secondary Market For Loans Later In October

PYMNTS

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer.

Marketing 170