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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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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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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.

Michigan 218
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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Think about the quality of candidates that top tech companies, Wall Street investment banks and Big 4 management consulting firms recruit. And, quite frankly, they’re struggling.

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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.

Marketing 131
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Where The Paths Of Fleet And Corporate Travel Management Intersect

PYMNTS

Lyft made progress over its rival Uber this year when corporate travel and expense management firm Certify released data that found a 9 percent increase in the percentage of Lyft ride-hailing trips expensed on its platform. The ride-hailing and ground transportation competition in the U.S. “It just drives me crazy,” he said.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Every management fad has a life cycle, and the innovation fad is on its last legs. Banks need to stop playing innovation charades.