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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. Salesforce predicts that a digital surge could strain holiday shipping.

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

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Amazon, Cano Illustrate Growing Need For Senior Healthcare Creates Opportunity For Innovation

PYMNTS

In 10 years, by the end of the year 2030, the entire generational cohort will be older than 65, with the oldest members in or entering their early 80s. Because as boomers continue aging, the market for making their care safer, smoother, cheaper and better is only going to keep on growing.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. The collaboration aims to fill one-third of CU leadership positions with diverse individuals by 2030, and plans to provide education services, referrals and consulting services to execute this diversity initiative.

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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.

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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

Saudi Arabia is a fast-evolving market in the payments space with the right infrastructure readiness and a conducive regulatory framework,” said Promoth Manghat, group chief executive officer of Finablr. BayanPay has an extensive suite of portfolio solutions, including BayanPay Business and BayanPay Wallet.

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