Roughly half of the United States adult population has never been here before. Most consumers are too young to remember the last time inflation reached its current levels, where prices are surging more than 8% annually. Anuj Nayar, financial health officer at LendingClub, told PYMNTS...
“Everything that can be invented has been invented.” So said Charles H. Duell, the commissioner of the United States Patent Office, in 1899, before radio, television, the internet and countless other technologies debuted that have since become staples of everyday life. Modern audiences may look...
Today in the connected economy, Uber Eats partners with Japan’s Rakuten Group to give customers an extra payment option online. Also, global payments platform 2C2P joins forces with Ant Group to promote digital payments and innovation in Southeast Asia, and Branch Co-founder and CEO Greg...
Getting away from it all is top of mind for many consumers as the school year comes to a close, and as the summer approaches. Optimism about airlines and online booking platforms helped those stocks last week, on the heels of positive earnings commentary, boosting...
Today in the connected economy, the Boston Red Sox become the latest sports franchise to go cashless, opening Fenway’s season with a card or touchless payments only system. Also, TikTok owner ByteDance launches a new music streaming service, and New York International Auto Show (NYIAS)...
Today in the connected economy, Revolut joins forces with Cross River Bank to build out its business in the United States. Plus, global identify verification firm Veriff works with Alloy to fight identity fraud, and U.K. real estate startups Fronted and Canopy form a partnership...
In today’s FinTech news, buy now, pay later (BNPL) innovator Affirm is teaming up with digital secondhand clothing pioneer Poshmark to bring style to an expanded base of users. Meanwhile, global identity verification provider Veriff is aligning with Alloy to build out its know-your-customer (KYC)...
Today in the connected economy, Amazon’s expansion of its Just Walk Out technology continues as it brings the frictionless checkout offering to the Houston Astros’ stadium. Plus, Wells Fargo announces a partnership with nonprofit Operation HOPE to improve financial inclusion for the unbanked, and fellow...
Today in the connected economy, Meta Platforms unveils the payment tools for creators using its Horizon Worlds metaverse platform. Also, Microsoft launches a Banking-as-a-Service partnership with U.K. FinTech Finastra, while Mastercard joins forces with operational resilience firm Interos to expand its security strategy. Meta Opens...
