Digital Economy news and trends

Big Tech’s Undersea Cable Empire is Building Tomorrow’s Digital Economy
Connected Economy // October 01, 2024

Innovation can’t exist without foundational infrastructure networks to support it. Last week, PYMNTS reported that the Global AI Infrastructure Investment Partnership, which is spearheaded by Microsoft, BlackRock and others, is planning to spend up to $100 billion on artificial intelligence (AI) data centers, ensuring that the plumbing...

Why the Connected Economy Isn’t
Connected Economy // June 24, 2024

The 2,000 members of the Marubo tribe were among the most disconnected people on Planet Earth. A people whose roots span many centuries, they live in a part of the Amazon rainforest in Brazil so remote that it is said to take a week or...

The Eight Pivotal Strategies for Payments and the Digital Economy in 2024
Karen Webster // January 08, 2024

One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI becomes a feature, and everything has a conversational front end. Four: Platforms gain power as point solutions seek distribution, businesses...

Mastercard Partners MoonPay to Incorporate Web3 in Experiential Marketing
Partnerships // October 25, 2023

Mastercard is set to incorporate additional Web3 technologies into its experiential marketing efforts. The company has joined forces with Web3 infrastructure company MoonPay to explore how these tools can enhance consumer connections and redefine customer loyalty and engagement, MoonPay said in a Wednesday (Oct. 25) press release. This partnership...

Interviews & Exclusives
Visa Redefines Small Business as Millions of Global Creators Gain Access to Capital and Financial Tools

November 12, 2024
The next generation of small businesses just might be the current generation of micro-businesses. They’re the creators. The 200 million plus community that populates sites like OnlyFans, Patreon, YouTube and Amplify with talent and skills from musicianship to fashion advice to stand-up comedy. And like any other business, these creators need to pay and get […]

Real-Time Payments in India, Indonesia Expected to See Largest Growth

April 04, 2023
  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or...

Retail, Manufacturing CFOs Report Efficiency Is Their New Payments Priority

February 07, 2023
Many businesses have gone through several stages of technology spending since the start of the COVID-19 pandemic. Initially, retailers and manufacturers focused on investing in the digital shifts that would...

How US Consumers Lived Their Best Digital Lives in 2022

December 29, 2022
2022 marked many consumers’ triumphant return to the physical world after two years of pandemic-related restrictions — but even after options have opened up, their appetite for digital commerce experiences...

Quick Reads
Riskified and Plaid Collaborate on Secure ACH Transactions

October 23, 2023
Riskified, an eCommerce fraud and risk intelligence firm, has partnered with financial data network Plaid to enhance risk protection for ACH bank payments. This collaboration aims to empower online merchants, marketplaces and trading platforms to approve ACH payments with confidence, safeguarding against fraud and the risk of insufficient funds, the companies said in a Monday (Oct. […]

FIFA World Cup Kicks Off in the Upland Metaverse

November 09, 2022
Upland, a mirror metaverse that replicates real-world locations in virtual reality announced on Wednesday (Nov. 11) that it has begun a multiyear partnership with FIFA that will start with the...

PYMNTS Launches TechREG™ Platform to Offer Regulatory and Public Policy Intelligence on the Digital Economy

December 06, 2021
When I announced the acquisition of the leading global media and content platform on antitrust and competition policy, Competition Policy International (CPI), six weeks ago, I hinted that it was...

Westfield Valley Fair Teams With Kitchen United For Multi-Restaurant Ordering

February 02, 2021
Westfield Valley Fair, a shopping center in Silicon Valley, is partnering with Kitchen United, a ghost kitchen company, to deliver a streamlined, multi-restaurant ordering solution. “Our partnership with Kitchen United...