No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic took root, navigating online and in-person interactions every day. As Takis Georgakopoulos, global head of J.P. Morgan Payments, told Karen...
Dealmaking in the chip space underscores the inexorable rise of the connected car ecosystem. The digitization of transportation, of forging ecosystems where cars and other vehicles — whether people are actively driving them or they’re autonomous — relies on data that flows in real time...
The CE 100 Index lost 0.5% in a week crowded with earnings reports. Shopify’s corporate transformation, and resulting 28% gain in share price, was overshadowed a bit by investor concerns over slowing growth in the gig economy and by the threat AI may pose to...
Influenced by the current inflationary cycle, consumers moderate their in-store and online spending for all but the essentials. They have shifted away from transactional activities. Their digital engagement has likewise shifted, as quantified in proprietary research carried out in preparation for PYMNTS’ “ConnectedEconomy™ Monthly Report: The Love...
Credit card balances are rising as revolving debt surges at double-digit rates. All of which may signal trouble in the paycheck-to-paycheck economy. Revolving credit is, of course, an integral part of credit itself. So long as consumers can juggle their monthly payments, not fall behind...
As restaurants look to step up their acquisition and retention initiatives, going beyond strategies that have become the industry standard, cross-brand rewards enable them to reach new consumers while touching more parts of diners’ day-to-day routines. Lauriena Borstein, chief brand officer of fast-casual chains Saladworks,...
Dating apps have never been more popular, with more than 60 million downloads last year in the United States. PYMNTS’ research finds that their use has risen 7% over the past year to 28% in March 2023, a share that represents 73 million consumers. Over half of these...
As millennials enter new life phases like home ownership and parenthood, those added financial pressures make this high-earning demographic most likely to live paycheck to paycheck. However, they are learning how to better manage finances despite it. In the latest New Reality Check: The Paycheck-to-Paycheck Report...
As consumers seek budget-friendly alternatives to dining out, shoppable recipes are catching on, according to Chicory. The contextual commerce platform, which announced last month the expansion of its partnership with publishing giant Hearst to offer all its ad solutions across 17 of the media company’s...