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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Factoring in for organic savings growth, market “impact,” and wealth […].

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. Kia anticipates that it will adopt connected car technologies across every vehicle segment by 2025, and is aiming to make every vehicle model a connected car by 2030.

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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. 3.6T: Projected size of the "embedded finance" market by 2030. 3.6T: Projected size of the "embedded finance" market by 2030.

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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

Greg Golkin, managing partner at Kitchen Fund, is named as president. Tastemaker’s chief financial officer is Chris Bradley, managing director of Mistral Equity Partners, a private equity firm whose portfolio owns El Pollo Loco and Jamba. “We Listed as co-CEOs are David Pace, chairman of the board at Red Robin Gourmet Burgers Inc.

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Navigating The Overstuffed Weight Loss Market

PYMNTS

According to the World Health Organization (WHO), obesity is on track to affect 50 percent of the global population or more by the year 2030, at an annual projected cost of $2 trillion, or roughly 2.8 The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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Google, Facebook May Have To Pay Australian News Publishers

PYMNTS

“The code discounts the already significant value Google provides to news publishers across the board, including sending billions of clicks to Australian news publishers for free every year worth $218 million,” said Mel Silva, managing director of Google Australia and New Zealand, in a statement. “It Google has denied the charges.

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JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) Our aim is to increase engagement with clients and investors interested in financing critical projects and transactions in emerging markets.”.

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