Connected Economy

Connected Economy
Why the Digital Transformation Needs a Reset
September 18, 2023

Warren Buffet is reported to have said that digital transformation is a fundamental reality of business today.  McKinsey says that 70% of digital transformation projects fail. Both suggest the need to reset expectations about what digital transformation means and what success looks like in the...

Connected Economy
CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
September 18, 2023

The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Connected Economy
WeWork Plunges as It Seeks Lease Renegotiations, Drives CE 100 Index Down 2.4%
September 11, 2023

A holiday-shortened trading week offered no respite for the CE 100 Index, which continued a general downward trend that’s been the hallmark of the last several sessions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Connected Economy
Hyundai Pay Shows Rubber Meeting Road for in-Car Commerce
September 07, 2023

The list of initiatives to make the car the ultimate mobile wallet grows longer, as Big Tech, providers and the carmakers themselves introduce new in-vehicle functionality to transact while getting around. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Connected Economy
CE 100 Index Gains 4.2% as Shopping Platforms Surge
September 04, 2023

All pillars of the CE 100 Index were in positive territory as August ended and opened the door to September trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Connected Economy
AMC Theatres to Screen and Distribute Taylor Swift Concert Film
August 31, 2023

Taylor Swift — whose “The Eras Tour” concert was attended by over 3 million fans during its first leg in the United States — will soon be drawing crowds to movie theaters. Get the Full Story Complete the form to unlock this article and enjoy...

Connected Economy
Farmers Are Pretty Digital; Their Buyers Are Really Not
August 28, 2023

In the agricultural space, businesses have to be around long enough to matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Connected Economy
CE 100 Index Gains 0.5%, Led by Affirm’s Post-Earnings Surge 
August 28, 2023

The CE 100 Index gained 0.5% in a week that reversed what felt like a long-standing trend — where all pillars lost ground, time and again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Connected Economy
Home Is Where the Heart and the Connected Consumer Is 
August 23, 2023

Consumers’ move towards living more digitally connected lives continues to grow, with participation in the ConnectedEconomy™ experiencing an 8% year-over-year rise as of April. This surge in engagement has overtaken any stagnancy in the last months of 2022, as illustrated in the below chart created for...