Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

Walmart and Amazon Race to Provide Best Virtual Try-On Experiences
Walmart and Amazon Race to Provide Best Virtual Try-On Experiences
March 08, 2024  |  Retail

As augmented reality and virtual reality expand the possibilities for eCommerce, Walmart and Amazon are stepping up their digital try-on capabilities to drive conversion. Walmart shared via emailed announcement...

READ MORE >
Voice Commerce Has a Long Way to Go in Retail
Voice Commerce Has a Long Way to Go in Retail
March 07, 2024  |  Voice Activation

Despite advancements in voice commerce, the technology still faces challenges driving penetration in the retail sector. By the Numbers PYMNTS Intelligence’s study last April, “Tracking...

READ MORE >
Data Shows Digital Healthcare Platforms Get High Marks From Boomers
Data Shows Digital Healthcare Platforms Get High Marks From Boomers
March 07, 2024  |  Healthcare

Traditional healthcare systems are plagued by inefficiencies and opaque pricing structures, leaving consumers often feeling lost and frustrated. “Navigating a friction-filled healthcare system, not to mention the...

READ MORE >
Uber Eats Adds Live Location Sharing as Aggregators Compete to Reduce Friction
Uber Eats Adds Live Location Sharing as Aggregators Compete to Reduce Friction
March 07, 2024  |  Aggregators

As on-demand delivery aggregators race to offer the most easy, seamless customer experience, Uber Eats is adding live location sharing for hard-to-find deliveries. The aggregator announced Thursday...

READ MORE >
85% Say Connected Devices Make Multitasking Easier at Work
85% Say Connected Devices Make Multitasking Easier at Work
March 07, 2024  |  Connected Economy

Chances are pretty good that you are reading this article while you are at work. And although your boss may not be thrilled to hear...

READ MORE >
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
March 05, 2024  |  Digital-First Banking

As the country’s banking giants expand, some consumers are looking for smaller alternatives. It’s a trend at the center of a Tuesday (March 5) Wall...

READ MORE >
StackOne Raises $3.6 Million to Grow Integration-Platform-as-a-Service Offering
StackOne Raises $3.6 Million to Grow Integration-Platform-as-a-Service Offering
March 05, 2024  |  API

StackOne has raised $3.6 million in seed funding to grow its embedded integration-platform-as-a-service (IPaaS) offering. The company will invest in artificial intelligence (AI) to grow this...

READ MORE >
Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

READ MORE >
Gen Z and Millennials Want AI-Enabled Shopping Experiences
Gen Z and Millennials Want AI-Enabled Shopping Experiences
March 04, 2024  |  Artificial Intelligence

Many consumers may still be hesitant about the future of artificial intelligence (AI) in commerce, but PYMNTS Intelligence research has found that young consumers are...

READ MORE >