As we mark an historic IPO anniversary, it’s becoming even more clear that mobile commerce stereotypes need to be overcome. Not only that, but there could possibly be a new way to break what amounts to a paper jam for B2B payments. And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn.
$800 billion+: Market cap of Google parent Alphabet.
47.9 percent: Share of millennials who use mobile apps most frequently for planning in-store purchases.
80 percent: Portion of SMBs that still use paper checks for B2B payments.
18 percent: Average current interest rate for credit cards.
26.7 percent: Share of digital media consumers who plan to end their subscriptions within a year.