December 28, 2022
Smart Carts Meet in-Store Demand for eCommerce-Like Convenience
With consumers accustomed to frictionless digital experiences, smart carts bring increased convenience to physical stores. Raz Golan, CEO and co-founder of Shopic, a company that offers smart carts, retail media...
December 27, 2022
Smartpay Uses Open Banking to Streamline BNPL in Japan
Smartpay is using open banking to streamline online installment purchases for customers in Japan. The new Smartpay Bank Direct enables customers to pay for online installment purchases from their bank...
December 27, 2022
Japan Could Reverse Ban on Foreign Stablecoins
Japan is reportedly readying regulations that would let foreign stablecoins list on the country’s exchanges. According to a Monday (Dec. 26) report by Japan’s Nikkei newspaper, the country’s Financial Services...
December 27, 2022
Luxury Retail Sector Awaits Surge in Chinese Tourists
The luxury retail sector is expecting more Chinese tourists after three years of pandemic restrictions. China announced Monday (Dec. 26) that it will lift international travel restrictions in January. This...
December 27, 2022
CE 100 Index Slips 2.3% as Tesla Shares Continue Skid
The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are...
December 27, 2022
Chinese Consumers Prefer Local Payment Methods When Shopping Online
Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The Emerging APAC Opportunity: Local Payment...
December 22, 2022
America’s Digital Transformation Is Slow, Steady and Driven by Routine
Global digital transformation edged forward again in Q3 2022, increasing 0.7% from Q2, reflecting a continued rise in digital activities across the 11 economies we study. PYMNTS’ latest research identifies...
December 19, 2022
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
The crypto currency market is increasingly inspiring sovereign central banks to mint national digital fiat. “Digital assets are not on trial. Fraud and organizations are on trial,” said U.S. Sen....
December 18, 2022
Funding for IPOs Falls 68% Since 2021
The world’s bankers don’t expect a happy new year when it comes to IPOs. With inflation and interest rates rising and investor enthusiasm for initial public offerings (IPOs) waning, deals...