Connected Economy

Connected Economy
TikTok Beats Google for Most Visited Site in 2021
December 22, 2021

Short-form video-sharing service TikTok was the most popular internet site in 2021, passing even Google, online infrastructure-provider Cloudflare Inc. reported in a blog post Monday (Dec. 20). TikTok visitors use smartphone apps or browsers to watch videos that TikTok’s algorithms predict the users will find...

Connected Economy
67% of Consumers Want a Super App to Manage Their Digital Activities
December 21, 2021

Consumers want to consolidate their digital experiences into a single interface. In fact, 67% of all consumers would be interested in integrating at least two areas of their digital lives into a single app, providing them a centralized hub to manage a broader range of their digital...

Connected Economy
Panel: Digital Credentials Help Simplify the Connected Economy
December 15, 2021

The connected economy, with a tangled web of devices, apps, payments choices and a never-ending series of interactions between consumers, merchants and financial services firms is anything but simple. In the latest On the Agenda discussion, Capital One Head of Debit Curtis Garrett and FIS...

Connected Economy
Automakers Announce Agreements to Improve Supply of Semiconductor Chips 
December 13, 2021

In the midst of a global shortage of semiconductor chips that is affecting manufacturers in a wide range of industries, Stellantis and BMW have become the latest automakers to announce moves to improve their supply of these critical components that enable today’s high-tech, connected vehicles. ...

Connected Economy
How US Consumers Define the Super App
December 13, 2021

Consumers do everything online. They wake up and read their morning papers on their phones or tablets, begin their workdays by hopping on their laptops and signing into their work emails and apps, ordering their food and groceries via delivery aggregators and then hop right...

Connected Economy
Utility Will Make the Metaverse Work — and Pay — With or Without Goggles
November 30, 2021

It was Oct. 28 when Mark Zuckerberg announced to the world that Facebook would now be effectively a subsidiary of a company called Meta — as in “metaverse” — followed by a string of superlatives about what Meta will create as the metaverse replaces the...

Connected Economy
PayPal’s Peggy Alford On Buy Now Pay Later, Crypto and the Super App Future
November 22, 2021

In under 24 months, we’ve witnessed the astonishing success of buy now, pay later (BNPL), the meteoric rise of cryptocurrencies and the effects of a devastating pandemic that sped up payments tech by a factor of years, forcing consumers and businesses to reimagine commerce as...

Connected Economy
Here’s Why Millennials Own More Connected Devices Than Anyone
November 15, 2021

The future may well belong to the young. But in the case of online commerce, it is the bridge millennial who may power things forward. In the continuing formation of the connected economy, the logic follows that the more devices on hand, the more connected...

Connected Economy
Payments Become ‘Sexy’ as Connected Economy Enters Phase Two
November 05, 2021

As payments move swiftly from the prosaic last step in transactions to become the digital front door of a kinetic connected economy, top executives at leading global firms are acutely aware of connected economy implications, envisioning the next phase of the connected digital shift. In a conversation with PYMNTS CEO Karen...