Connected Economy

Connected Economy
Report: One-Quarter of US Consumers Went Online for Healthcare Services in December as Omicron Surged
January 17, 2022

The rise of the omicron variant just might have been the start of a new spike in online activity — and not just when it comes to retail shopping. Not only did 97 million United States consumers make retail purchases online in December 2021 as...

Connected Economy
Post-Lockdown Liberation and the End of ‘the Tyranny of Distance’
January 13, 2022

After a long career stalking and investing in Silicon Valley startups, David Blumberg says he used the pandemic lockdown to liberate himself, move to Miami and take up a more virtual lifestyle that more closely resembles the technology company he invests in. In fact, the...

Connected Economy
Early IPO Docket Points to Year of the Connected Economy
January 12, 2022

We’re just a few days into 2022, but if the recent spate of initial public offering (IPO) announcements and filings are any indication, it may be the case that 2022 shapes up on Wall Street as the year of the connected economy. And that connectivity,...

Connected Economy
Banks Rush to Crypto to Keep Deposits From Leaving Customer Accounts
January 12, 2022

Although many consumers and finance pros still view cryptocurrency as little more than a speculative tool, that perception is gradually losing ground as crypto becomes better understood and gets pushed along by a COVID-19 tailwind, this mysterious medium of exchange is destined for the mainstream....

Connected Economy
For FinTechs, Outcomes ‘The One Thing’ to Focus on in 2022
January 12, 2022

Many people are in a better financial position than before the pandemic. At least by some metrics. They’ve paid down debt. Perhaps they’ve padded their savings cushions with funding from the waves of stimulus payments. And yet the pressures of daily life remain. As PYMNTS’...

Connected Economy
Take-Two’s Zynga Bid Shows Connected Economy and Mobile, Personalized Advertising’s Appeal
January 10, 2022

Online gaming — particularly mobile gaming — is cementing its place as part the foundation that keeps the connected economy, well, connected, across all avenues of digital interaction, particularly across leisure-related activities. To that end, Take-Two Interactive announced in a Monday (Jan. 10) press release...

Connected Economy
Inside Foursquare’s Pivot from Customer App to Location Data Platform
January 10, 2022

The old mantra of real estate, “location, location, location,” now applies to every business, not just developers, city planners, retailers and restaurants. Consumers, prompted by the pandemic, have changed all manner of daily behavior, moving fluidly between online and offline channels — and as they...

Connected Economy
‘High Tech’ Consumers Own an Average of 12 Devices
January 09, 2022

Over the past several months, we at PYMNTS have tracked the habits and tech preferences of several “connected personas” forming the bedrock of the connected economy that is currently taking shape. See also: 73 Million US Consumers Are Already Living in the Connected Economy Sift...

Connected Economy
Shoppable Recipes Turn Brick-and-Mortar Grocery Shoppers into Omnichannel Customers
January 06, 2022

Increasingly, the experience of browsing culinary content and that of shopping for food and beverages is becoming unified, with the emergence of contextual commerce that make recipes and tutorials shoppable.  This week alone, Sprouts Farmers Market announced livestream series geared towards turning New Year’s health...