Connected Economy news and trends

Marqeta CEO: ‘Days Are Numbered’ for Analog Payments
Earnings // November 05, 2024

Card issuing platform Marqeta touted its upcoming collaborations — including a launch with VisaFlex Credential this week — during its third-quarter earnings call on Monday (Nov. 4). The company missed analysts’ expectations, and Wall Street punished its stock, dropping the price almost 32% in trading...

Discover Global Network: Connected Devices lead the way to the Future of Commerce
Connected Economy // November 04, 2024

From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the ability to quickly adopt digital payments. For instance, during the pandemic, consumer behavior started to shift the expectation of integrated...

CE 100 Index Gains 2.1% as Porch Soars and Fiverr Roars After Earnings
Connected Economy // November 03, 2024

The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73%  and drove the Live segment ahead by 7.6%. The company said this week that the Texas Department of Insurance has approved its application...

The Data-Ready Deficit Looms Large for the Platform Economy
Data // October 31, 2024

As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and interpret data in real time allows businesses to respond quickly to market demands and customer...

Interviews & Exclusives
Discover Global Network: Connected Devices lead the way to the Future of Commerce

November 04, 2024
From touchless digital payments experiences to connected vehicles, technology provides opportunities for innovation and collaboration across many industries, including payments. Connected devices offer consumers the ability to quickly adopt digital payments. For instance, during the pandemic, consumer behavior started to shift the expectation of integrated experiences. Julius Alexander III, head of emerging payments at Discover® […]

The Data-Ready Deficit Looms Large for the Platform Economy

October 31, 2024
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and...

Stride and Tesla Gain, but CE 100 Slips 1.4% Amid Market Volatility

October 28, 2024
And now earnings season is here, in full swing, and a series of double-digit advances and declines among our CE 100 population wound up sending the overall Index 1.4% lower....

Healthcare Sector Leads Drive Toward the ‘Embedded Everything’ Economy

October 21, 2024
Embedded finance, and in particular lending, is finding its way into various URL, app and brick-and-mortar settings these days, and is also rendered at the point of sale, giving an...

Quick Reads
Visa Invests in Four African FinTech Startups From Accelerator Program

November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing so, the payments giant aims to foster the development of […]

Marqeta CEO: ‘Days Are Numbered’ for Analog Payments

November 05, 2024
Card issuing platform Marqeta touted its upcoming collaborations — including a launch with VisaFlex Credential this week — during its third-quarter earnings call on Monday (Nov. 4). The company missed...

Synapse BaaS Platform Slated for Bankruptcy Sale

October 27, 2024
 The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. B Riley Advisory Services, the group handling the sale, announced Friday (Oct. 25) a pair...

Thunes QR Code Payments Tool Streamlines Transactions for Travelers Visiting China

October 22, 2024
Thunes launched a payments tool to help travelers doing business in China. The company’s new QR Code Payments solution enables foreign mobile wallets and financial institutions to directly access China’s...