South State Correspondent
APRIL 4, 2024
Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.
PYMNTS
FEBRUARY 13, 2020
Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group. It is estimated that U.S.
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PYMNTS
AUGUST 28, 2018
PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. The Xoom-Ria deal comes amid continuing changes to the global remittance market because of digitalization and other factors. through 2028.
PYMNTS
APRIL 14, 2020
As is the case today, albeit on a far smaller scale, the market crash of 2008 left millions unemployed and scrambling. New laws like California’s Assembly Bill 5 (AB5) and many others have also created new compliance hurdles for companies employing gig workers that must be managed. workforce is expected to freelance by 2028.”.
PYMNTS
JANUARY 27, 2020
Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. Skip ahead again to 2028, when, by the best estimates, gig workers will make up more than half of the entire U.S. workforce. In It for the Money .
PYMNTS
JULY 13, 2020
Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. talent pool by 2028. But, they said, if compensation workflows break down, trust can quickly erode.
PYMNTS
DECEMBER 9, 2020
It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. 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.
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