Connected Economy

Connected Economy
Today in the Connected Economy: Peloton Teams With Dick’s to Find New Members
September 29, 2022

Today in the connected economy, Peloton partners with Dick’s Sporting Goods in an effort to fuel new sales and memberships ahead of the holidays. Plus, Amazon expands its small business lending collaboration with Lendistry, while Meta makes it easier to share non-fungible tokens (NFTs) on...

Connected Economy
Digital Engagement of Brazilian Consumers Grew Faster Than US in Q2
September 29, 2022

When benchmarking the world’s digital transformation, there are standouts. Some economies are all-in when it comes to comes to connected living, and it’s evident that this activity is indeed transformative, sometimes very much so. For “How The World Does Digital: The Impact Of Payments On...

Connected Economy
53% of Consumers Trust Banks to Provide Super Apps
September 29, 2022

The super app shift favors the banks, with decades of experience and long-lived relationships with customers. The super app shift favors the FinTechs, with the ability to innovate in a world that is constantly, and increasingly, going digital. The deciding factor, of course, lies with...

Connected Economy
Today in the Connected Economy: Snap Sees the Promise of Augmented Reality Fashion
September 28, 2022

Today in the connected economy, executives at Snap point to their augmented reality clothing and fashion offerings as  a virtual alternative to the metaverse. Also, Dubai steps up its efforts to become the world’s metaverse capital, and Robinhood teams with Circle to increase access to...

Connected Economy
Auto Repair Tech Startup ServiceUp Nets $14.5M to Expand
September 27, 2022

Autotech startup ServiceUp, which provides end-to-end car repairs, has secured $14.5 million in Series A funding, a press release said. The startup, founded in South Bay in 2021, connects customers to advocates who manage the entire car repair process including payments. It works with “pick...

Connected Economy
Today in the Connected Economy: DoorDash Unveils Its First Credit Card
September 27, 2022

Today in the connected economy, DoorDash teams with Chase and Mastercard to unveil its first-ever credit card. Plus, Uber Eats rolls out new point-of-sale offerings in hopes of wooing tech-weary restaurants, while personal finance company SoFi debuts “On the Money,” its information hub. DoorDash, Chase...

Connected Economy
CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook
September 26, 2022

It’s getting to be a familiar refrain: The CE100 names move, in a big way, to the downside. All pillars slid, and depending on where you look, only a few stocks wound up ending the week in the green. As for the gainers, K12 was...

Connected Economy
Today in the Connected Economy: PayPal, Visa, Tackle Impact Investing
September 23, 2022

Today in the connected economy, PayPal, the Visa Foundation, the Global Impact Investing Network (GIIN) and the Telus Pollinator Fund for Good team for an impact investing initiative. Also, embedded banking company ClearBank integrates with one-stop payment platform Fond and PYMNTS looks at the growth...

Connected Economy
Cars Become Mobile Payments Points of Sale and Drive Demand for New Partnerships
September 23, 2022

The connected economy has hit the road, transforming what happens and is turning all manner of vehicles into mobile commerce endpoints. At the center of it all lies the technology to underpin that transformation — and the partnerships, too, between FIs, providers and OEMs in...