PYMNTS
DECEMBER 9, 2020
When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. 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.
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.
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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
JANUARY 22, 2020
Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing segment of workers took home $1.4
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.
Gonzobanker
SEPTEMBER 14, 2023
As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. Ditto for retail customers. Competing with these kinds of tech companies requires something bankers aren’t known for: imagination. But that gap must shift. Well, guess what? Your small-business customers need cash flow tools.
PYMNTS
MAY 24, 2019
Innovations are apparent in the apparel and fashion industry, with new models like clothing rentals, subscription services and “try-before-you-buy” offerings providing an improved customer experience even when shopping online. billion by 2028. It’s not just traditional retail models that are getting makeovers.
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