PYMNTS
JANUARY 23, 2020
And platforms that don’t innovate to support the gig economy’s payment needs will soon find themselves obsolete. 50 percent: Share of the American workforce that will be made up of gig workers by 2028. Paper checks are still popular with firms that pay freelancers, even though workers want faster digital payments.
Bussman Advisory
APRIL 5, 2024
This week’s must-know stories in the FinTech, AI and Digital Asset space: Spot Bitcoin ETFs change the digital asset market, attracting billions in inflows Embedded Finance market to be worth $22bn by 2028 Ripple to launch U.S. More information on www.bussmannadvisory.com. dollar stablecoin appeared first on Bussmann Advisory AG.
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PYMNTS
DECEMBER 9, 2020
According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows. While an attractive proposition, the shift into the B2B world can’t happen at the flip of a switch.
PYMNTS
MAY 24, 2019
billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. This might attract customers, but retaining them requires constant innovation. The clothing rental market in the United States is projected to reach $4.4 Johnson said.
PYMNTS
JUNE 11, 2018
It will be possible to support emerging areas, such as the gig economy, with innovative new service products like insurance. 40 percent: Share of all packages ordered online expected to be delivered within two hours by 2028. 40 percent: Share of all packages ordered online expected to be delivered within two hours by 2028.
CFPB Monitor
AUGUST 10, 2021
The California Department of Financial Protection and Innovation (DFPI) has issued proposed amendments to its regulations implementing the Pilot Program for Increased Access to Responsible Small Dollar Loans (Pilot Program). Initially effective from 2014 to2018, the Pilot Program’s sunset date was extended to January 1, 2028.
South State Correspondent
APRIL 4, 2024
By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. While the US is, and will remain, the center of innovation and risk-taking, the economy will transition to fewer small businesses and more larger enterprises.
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