Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
August 09, 2022  |  Consumer Finance

Living paycheck to paycheck is the most common financial lifestyle in the United States, with an increasing share of high-income consumers now doing so.  Get...

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Today in the Connected Economy: Abercrombie Offers Shoppers a ‘Getaway’
Today in the Connected Economy: Abercrombie Offers Shoppers a ‘Getaway’
August 08, 2022  |  Connected Economy

Today in the connected economy, clothing retailer Abercrombie & Fitch tests a new concept store called The Getaway, designed to appeal to younger consumers. Get...

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Crypto Compliance Officers Face Added Pressure
Crypto Compliance Officers Face Added Pressure
August 08, 2022  |  Cryptocurrency

Increasing focus on the cryptocurrency industry has placed new pressure on crypto compliance officers and legal professionals, who worry regulators will hold them personally responsible...

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Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
August 08, 2022  |  Earnings

As inflation continues and the impending recession weighs heavy on consumers’ minds, many are making changes to their food purchasing. However, meal kit company Blue...

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Rise of Concept Stores Continues As Abercrombie Tests New ‘Getaway’ Brand
Rise of Concept Stores Continues As Abercrombie Tests New ‘Getaway’ Brand
August 08, 2022  |  Retail

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The Data Point: 56% of Paycheck-to-Paycheck Consumers Cancel Doctor Visits Over Cost
The Data Point: 56% of Paycheck-to-Paycheck Consumers Cancel Doctor Visits Over Cost
August 08, 2022  |  Consumer Finance

As inflation cuts into every aspect of affordability, consumers are not just cutting back on nonessentials, they’re also canceling medical appointments due to cost concerns....

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A ‘Tale of Two Halves’ as Paycheck-to-Paycheck Consumers Feel Added Financial Strain
A ‘Tale of Two Halves’ as Paycheck-to-Paycheck Consumers Feel Added Financial Strain
August 08, 2022  |  Consumer Finance

Cold inflationary winds are ruining warm summer fun for millions of consumers as new data reveals that 13% of Americans have spent more than they...

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CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
August 08, 2022  |  Connected Economy

PYMNTS’ Connected Economy™ 100 Index (CE100 Index™) marched upward by 5.5% this past week, continuing a streak that now has extended to three straight weeks....

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53% of Consumers Say They Are Financially Worse Off Than Last Year
53% of Consumers Say They Are Financially Worse Off Than Last Year
August 05, 2022  |  Connected Economy

Inflation runs rampant, at levels not seen in decades.   Earnings reports continue to roll in, complete with cautious management commentary: Though consumers are still spending,...

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