Today In Data

How Technology And Market Trends Spawn Innovation

Technology And Market Trends Spawn Innovation

Direct-to-consumer (DTC) brands are putting a new spin on athleisure wear, inspired by the CBD-based wellness trend. In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. And, in digital banking, banks are innovating with their strategies for fraud protection and anti-money laundering (AML). All this, Today in Data.

Data:

$525M: Approximate valuation of cloud company kitchen Rebel Foods Pvt.

96 percent: Share of retail banks that plan to develop services focused on real-time payments by 2020.

$46B: Approximate amount of U.S. sales the athleisure market generated as of 2016.

50 percent: Share of Swiss consumers who currently bank online.

15 percent: Approximate amount by which consumers increased spending on online food delivery in 2019 YOY.

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