Digital Technology news and trends

Study: How 73 Million Highly Connected Consumers Are Pioneering The Connected Economy
Commerce Connected // June 21, 2021

Ninety-two percent of all consumers have placed online orders for products. More than 85 percent have paid bills online and nearly 75 percent have booked hotel tickets online. These statistics — findings from PYMNTS’ latest research — are all remarkable indicators of the digital adoption...

Digital Technology’s Role In Reshaping Retail And Finance 
Today In Data // October 16, 2020

The automotive market is continuing its comeback with the digital-first economy taking a lead role, while firms like GameStop have been beneficiaries of orchestration technology. In eCommerce, consumers started shifting to shopping and paying online out of need, but they are now doing so by choice. And in payments innovation, financial institutions are building...

Deep Dive: Coupon Fraud Chows Down On QSR Profits
Security & Fraud // January 28, 2020

Coupons are time-tested ways for quick-service restaurants (QSRs) and other eateries to attract new customers. A study from Publishers Clearing House found that they were, by far, the most effective incentive in getting people to try restaurants: 50 percent of women and 44 percent of...

Embedding Insurance At The Point Of Sale
eCommerce // January 13, 2020

Insurance is changing with the rise of eCommerce, as well as with the support of ever-expanding data sets and other parts of the digital infrastructure — trends that bring consumers closer, in a way, to insurance offerings. That was the subject of a recent PYMNTS...

Interviews & Exclusives
Study: How 73 Million Highly Connected Consumers Are Pioneering The Connected Economy

June 21, 2021
Ninety-two percent of all consumers have placed online orders for products. More than 85 percent have paid bills online and nearly 75 percent have booked hotel tickets online. These statistics — findings from PYMNTS’ latest research — are all remarkable indicators of the digital adoption that has taken place over the past 15 months. Even […]

Embedding Insurance At The Point Of Sale

January 13, 2020
Insurance is changing with the rise of eCommerce, as well as with the support of ever-expanding data sets and other parts of the digital infrastructure — trends that bring consumers...

Behind Sysco’s Spend Management Switch To Cards

December 26, 2019
Businesses of all sizes are slowly phasing manual expense tools out of spend management strategies. Employees now work on a global scale more than ever, and require expense products that...

The Power Of THREE: Inside Berkshire Hathaway’s New SMB InsurTech Platform

December 23, 2019
When people joke about boring professions and industries, one can bet that insurance will almost always be one of the top targets of such humor. That’s a bit unfair, of...

Quick Reads
Nike Introduces Smart Shoes

May 10, 2019
Nike is launching a new service within its app that will scan a user’s feet to determine their correct shoe size. Nike Fit in North America will officially launch in July. The company said it sees a real need for the service since, at any given time, 60 percent of consumers are wearing the wrong […]

Microsoft President, Pope Talk AI

February 14, 2019
Microsoft President and Chief Legal Officer Brad Smith and Pope Francis met for 30 minutes on Wednesday (Feb. 13) to discuss “artificial intelligence [AI] at the service of the common good,...

Olympic Store Debuts On Tmall

December 17, 2018
The International Olympic Committee (IOC) and Alibaba Group have announced the launch of the first-ever Olympic store on China’s Tmall. “We are delighted to launch our first Olympic store on Alibaba’s...

L’Oreal Buys ModiFace As It Picks Up Pace Of Digital Expansion

March 19, 2018
L’Oreal, the beauty company, is gearing up to buy ModiFace, the Canadian tech company that makes beauty products for the digital world. In a press release, L’Oreal said it is...