Connected Economy

Connected Economy
Finance’s Future Lies With Connected Economy, Partnership Model
January 24, 2022

The companies forging the future of finance are a bit different today than they were just a few years ago. Not all that long ago, a slew of digital-only upstarts were staging a frontal assault on traditional financial firms, and mobile banking was the beachhead....

Connected Economy
Airbnb CEO Plans to Work Remotely From Company Listings
January 23, 2022

Airbnb CEO Brian Chesky is joining the ranks of individuals working remotely, Yahoo Finance reported Saturday (Jan. 22). Chesky will reportedly run the vacation rental site from a different Airbnb listing every few weeks, relying on his laptop and a strong Internet connection to run...

Connected Economy
Today in Connected Economy: Autonomy Launches Tesla Subscription Plan; Programs Tailor Insurance Premiums to How...
January 21, 2022

Today in the connected economy, startup Autonomy offers drivers in California a subscription service to Tesla. Plus, PYMNTS speaks with Travelers’ Karen Andrews on the rise of use-based car insurance. Startup Debuts Tesla Subscription Service in California With 100 Model 3s Autonomy has unveiled a...

Connected Economy
PNC on Fighting Transaction Fraud With Data
January 21, 2022

Acquirers face a formidable challenge in helping merchants address an ever-evolving category of commercial risk: transaction fraud. This issue is pervasive and plagues merchants regardless of their size or level of growth, according to Chris Ward, executive vice president and head of data, digital and...

Connected Economy
Paya on Harnessing Data to Streamline and Secure Payments for Consumers and Businesses
January 21, 2022

Merchants face numerous challenges in managing digital payments, according to Ben Weiner, chief strategy officer at payments processor Paya. These hurdles range from reconciliation issues between invoices and ledgers to disparate payment systems causing errors and processing delays. Payments processors are frequently tasked with helping...

Connected Economy
North American Bancard on Why Merchants Should Focus on User Experience
January 21, 2022

One of the biggest challenges facing merchants today is the battle between simplicity, security and functionality, according to Jim Parkinson, chief experience officer at North American Bancard. Merchants may want to implement technology upgrades that simplify sending and receiving payments, but high costs are involved...

Connected Economy
Today in the Connected Economy: Walmart Pairs with Hims & Hers
January 20, 2022

Today in the connected economy, Walmart forms a partnership with Hims & Hers, Amazon debuts a physical store with virtual fitting rooms, and Saks and Wishi help customers find a stylist. Meanwhile, we share an interview with i2c Inc. President Jim McCarthy on the regulatory...

Connected Economy
Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs
January 20, 2022

For many merchants, the prospect of managing the seamless payments consumers want while navigating fraud risk and regulatory compliance is daunting. Acquirers, tasked with facilitating key credit card transactions, must often serve as merchants’ first defense against fraud and inefficiency. In Enabling Payments In A...

Connected Economy
Today in the Connected Economy: Chicago Bulls Team With Klarna
January 19, 2022

Today in the connected economy, the Chicago Bulls team up with Klarna, while Instacart joins forces with Chase and Mastercard to launch a new credit card, and Sezzle works with two companies to boost its long-term financing product. Chicago Bulls Debut Experiential Collaboration With Klarna...