What’s next? It’s the question everyone wants to know the answer to, because almost no one does. By the numbers, you can get a pretty good idea of where to at least look — in the U.S., around the world and all the data points in between.
By any count, 62 years is a long time. In payments and commerce, it’s an eternity. Too long, according to ZestFinance, a company that believes credit needs a machine learning upgrade. Advocating for change was something of a theme in today’s data. Trulioo thinks verification needs to step up so financial institutions can actually “know their customer.” Global cross-border payments between businesses need a major boost to support the trillion dollars worth of transactions they’ve have to support in five years. MoviePass is hoping to revolutionize the way people go to the movies across the board. And while upgrades are always occurring, these have already arrived or are set to begin quite soon.
The Data:
$1.2 trillion: The projected value of B2B cross-border transactions by 2023.
400: The number of data sources, providers and solutions aggregated into a solution by Trulioo’s Global Gateway.
60 percent: The share of MoviePass users who go to the movies with non-MoviePass subscribers.
62: The number of years the FICO score has existed.
~$9: The average cost of a U.S. movie ticket.
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