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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. More customers are finding cash-based disbursements either too complicated or time-consuming, especially from the millennial and Generation Z demographics.

Lending 163
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

Millennials prefer to use cards for smaller transactions, namely those under $5. percent growth forecast for the global kiosk market from 2019 to 2027. The convenience factor, he said, looms large in data tied to a Visa survey that found in the U.S., The Kiosk Evolution. That preference is evidenced in the 6.1

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Real-Time Payments Have Numerous Real-World Applications

PYMNTS

workforce in Q4 2018, a number that’s expected to tip over to a majority share by 2027. And past studies have shown that many (85 percent) gig workers say they would do more work if they were compensated faster. According to the Gig Economy Index , freelancers comprised 32.6 percent of the U.S.

Payments 162
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Green Growth is Building a Platform for Millennial “Green” Investing (Fintech Startup of the Week)

Fintech Labs Insights

Target market : Climate-conscious millennials. Market size : $60B in the UK by 2027 (source: Green Growth pitch above). Furthermore, its target market, well-heeled millennials, will have lower average balances than the typical investment client. Then, they can make single investments or monthly recurring contributions.