Connected Economy

Connected Economy
Automated Document Analysis Works Best When Paired With Human Oversight
March 01, 2022

With digitization and automation as the order of the day for two years and counting, it’s unusual to hear about how important human decision makers remain in business lending. The trend could hold over the next several years as lenders and their technology partners find...

Connected Economy
Today in the Connected Economy: Amazon Teams With Teladoc
February 28, 2022

Today in the connected economy, Teladoc Health launches a partnership with Amazon, while General Motors prepares to launch dozens of new subscription services. Also, the Uber-owned Careem backs the Egyptian food delivery startup Elmenus, and Lowe’s unveils a new DIY home repair offering. Teladoc Health...

Connected Economy
CE100™ Index Climbs 2.8% as Block, Mercado Libre Rally
February 28, 2022

Call it the great stock market rebound of 2022: U.S. stocks rallied from record lows last week after investors looked past Russia’s attack on Ukraine. PYMNTS’ CE100TM Index climbed 2.8% last week, after shedding 10 points on Wednesday. The S&P 500 and Nasdaq, meanwhile, recovered from...

Connected Economy
Today in the Connected Economy: AmEx, Resy Support Indie Restaurants
February 24, 2022

Today in the connected economy, American Express and Resy launch a campaign to get people eating at independent restaurants. Also, PayPal is among investors in frictionless checkout company Skipify, and Chargebee is launching a new receivables platform following is acquisition of numberz.  Amex, Resy Team...

Connected Economy
21% of Consumers Use Connected Devices to Check in on Work Daily
February 24, 2022

The rise of the hybrid workforce means that consumers are no longer bound to the physical office or the 9-to-5 workday. This often means that consumers find themselves working outside the office and outside traditional hours, according to the February edition of PYMNTS’ The ConnectedEconomy™...

Connected Economy
Cart.com CEO: Sellers Need to Build Brands, Not Just Sell Products
February 24, 2022

When talk turns to omnichannel versus multichannel, there can be an urge to change the channel. Brands looking to scale need to find a way out of the labyrinth of disconnected sales channels, and for inspiration, companies can look to the giants of retail and...

Connected Economy
Today in the Connected Economy: DoorDash Lets Users Order With Google
February 23, 2022

Today in the connected economy, DoorDash launches an integration with Google, while rival Grubhub forms a partnership with 15-minute grocery service Buyk. Plus, Revolut unveils a travel tool that lets consumers book hotel stays now and pay when they arrive, and Flywire and Adapt IT...

Connected Economy
Burgeoning EV Market Lacks Data Standardization As OEMs Go It Alone
February 23, 2022

There’s a moment in most innovation waves where standardization becomes the missing step to reaching mass-market penetration. It’s why the International Organization for Standardization (ISO) was formed after World War II to set uniform industrial specs, and it’s no different for electric vehicles (EVs) —...

Connected Economy
Cities Turn to AI-Powered Solutions to Tackle Traffic Challenges
February 23, 2022

Ninety-nine percent of the traffic lights in the world use technology that hasn’t been improved in more than a century. Add up all the ones that are poorly timed and can’t respond to changing traffic conditions, and you have a recipe for congestion — and...