Connected Economy

Connected Economy
Albertsons Goes After Consumers’ Health Benefits Spending with New Partnerships
March 31, 2023

Albertsons Companies has set its sight on an untapped pool of funds — consumers’ health benefits. The grocery giant, which has more than 2,200 stores across the United States under a number of well-known banners, announced Friday (March 31) two new partnerships, one with global fintech giant FIS and one...

Connected Economy
Amazon-AMC Rumor Underscores Evolution of the Connected Economy
March 31, 2023

Whether Amazon buys AMC — or not — may be beside the point. The mere fact that the eCommerce giant has been rumored to be mulling buying multiplex real estate speaks volumes to the connected economy’s evolution, and the ways lines are blurring between online...

Connected Economy
Paycheck-to-Paycheck Population May Surge as SNAP Benefits End and Student Loans Payments Resume
March 28, 2023

Depending on the month, the roster of those of us living paycheck to paycheck is up a bit or down a bit. But through the past several years, as tracked by PYMNTS and LendingClub, there’s one constant: Most individuals and households in the U.S. struggle...

Connected Economy
EU Regulators Anticipate Tech Evolution to Stay Ahead of Data Privacy Trends
March 21, 2023

German automaker Mercedes-Benz and Visa recently announced the rolling out of in-car payments technology, a move that is poised to usher in the next frontier of digital payments. Read more: Why Mercedes Benz Is Building the Operating System for In-Car Payments In an interview with...

Connected Economy
AI Is the Glue That Will Bind Voice Assistants, Cars and Commerce
March 20, 2023

The connections already forged between consumers, their mobile devices, home speakers and voice assistants will forge the connections between conversational AI, cars and commerce conducted from behind the windshield. At the end of last year, PYMNTS research noted a growing embrace of smart home technologies,...

Connected Economy
Bank Stocks Dive but CE 100 Index Ekes Out 0.8% Gain
March 20, 2023

No surprise – this past week was all about the banking sector. Investors fled banks, worried about how bad the contagion would get in the wake of the collapses of Signature Bank and Silicon Valley Bank. To that end, the banking group housed within the...

Connected Economy
High-Income Consumers 78% More Likely to Work Remotely Than Low-Income Consumers
March 16, 2023

How consumers at different income levels behave around and interact with the connected economy diverges considerably, as new PYMNTS data shows. For example, the study “The ConnectedEconomy™ Monthly Report: Digitally Divided – Work, Health and the Income Gap,” based on surveys of over 2,700 U.S....

Connected Economy
Dynamic Yield Uses Mastercard Data to Power Personalized Experiences for Merchants and Issuers  
March 15, 2023

Digital commerce has long relied on personalization, so everyone from Amazon to Zillow knows what to show you from a universe of possible choices. That’s all moving up a notch with the Weds. (March 15) launch of the Element solution from Dynamic Yield. Marrying Dynamic...

Connected Economy
SpaceX and T-Mobile to Test Satellite-to-Cell Service this Year
March 13, 2023

SpaceX and T-Mobile will start testing satellite-to-cell service this year. So said SpaceX Vice President of Starlink Commercial Sales Jonathan Hofeller Monday (March 13) during a Satellite 2023 conference in Washington, D.C., Seeking Alpha reported Monday. With satellite-to-cell service, users will be able to send text messages and images from areas that are currently...