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Lyft’s Crystal Ball Says Goodbye Car Ownership

PYMNTS

will “all but end” by 2025. But for many people  — especially millennials  —  this doesn’t ring true.” While Musk said individual consumers will own self-driving electric cars and lease them out to others, Zimmer argued that Lyft will be the premier company to own and operate self-driving cars. Who can predict the future?

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Grocery Tracker: Time Crunch

PYMNTS

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged. percent of U.S.

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Can Politicians Give The Global Sharing Economy A Boost?

PYMNTS

is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.” In fact, it is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate.

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Fraud, New Payment Trendsetters And Voice Dominate Week’s News

PYMNTS

In the payments ecosystem, we need look no further than the bridge millennial to see how the connected purchasing experience will evolve over the next decade. In today’s highly interconnected ecosystem, businesses rely on many other companies to keep their operations running smoothly. Trackers and Reports.

Fraud 108
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

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Real-Time Payments Have Numerous Real-World Applications

PYMNTS

percent CAGR between 2018 and 2025. businesses operate on two-week pay periods. According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 In the U.K.

Payments 162
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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain. Within that, how much is online?

Online 101