Despite topping the PYMNTS ranking for smartphone ownership, the state of digital transformation in Italy and Spain diverges significantly. Drawing on data collected from over 15,000 consumers across 11 countries between April and May 2022, a recent PYMNTS report, “How The World Does Digital: The...
In the bid to build a super app, just because you can — or think you can — doesn’t mean you should. News came this week that Elon Musk, who seems to be bent on having a go at every business model there is, still...
Today in the connected economy, delivery company Grubhub forms a partnership with Gopuff, allowing it to offer more products and giving Gopuff a larger audience. Also, Panera forms a partnership with American Express, and Moneygram collaborates with — and invests in — the UAE-based money...
Fast-casual brand Panera Bread, which has more than 2,100 locations across the United States and Canada, is joining the ranks of restaurants expanding their audiences with cross-brand partnerships. American Express announced this week in an emailed press release that it is offering four-month subscriptions to...
Today in the connected economy, Peloton teams with Hilton to put its bikes in 5,400 of the hotel chain’s locations, marking the company’s third partnership in two weeks. Plus, Walmart unveils the digital collectibles platform AutoT with the help of the National Entertainment Collectibles Association,...
In 1963, Nobel-prize winning physicist Dennis Gabor wrote that the future can’t be predicted, but it can be invented. Gabor, who won the Nobel for inventing the hologram, explained in his book, “Inventing the Future,” that it is humankind’s ability to invent that shapes the...
A strong labor market is a hallmark of a healthy economy. Consumers who are gainfully employed have more freedom to spend and spree, driving commerce and boosting gross domestic product (GDP). But could employment also be key in reshaping consumers’ relationship with the internet? PYMNTS...
It could have been worse. Significantly worse. The ConnectedEconomy™ (CE100) Stock Index sank 1.9% in a week that saw the broader markets decline by about 3%. The week ended a third quarter that brings the YTD performance to a dismal negative 38.2%. September wound up...
Today in the connected economy, Walmart hopes to meet younger consumers in the metaverse through two new Roblox experiences. Plus, buy now, pay later (BNPL) provider Klarna teams up with CellPay to help people pay for prepaid phone minutes in installments, while Todd Crosland of...
