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.

‘Reckless Experimentation’ With Tech Will Help Big Retailers Fast-Track Their Digital Transformation
‘Reckless Experimentation’ With Tech Will Help Big Retailers Fast-Track Their Digital Transformation
January 17, 2022  |  Retail

At this point of the pandemic, most large brick-and-mortar retail chains have established a functional — albeit basic — digital operation to support their core...

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Report: One-Quarter of US Consumers Went Online for Healthcare Services in December as Omicron Surged
Report: One-Quarter of US Consumers Went Online for Healthcare Services in December as Omicron Surged
January 17, 2022  |  Connected Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Walmart Readies Metaverse Entry With NFTs, Own Crypto
Walmart Readies Metaverse Entry With NFTs, Own Crypto
January 16, 2022  |  Metaverse

Walmart is looking at getting into the metaverse and making its own cryptocurrency and non-fungible tokens (NFTs), CNBC reported Sunday (Jan. 16). Get the Full...

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J.P. Morgan: 2021 Was the Year of Innovation
J.P. Morgan: 2021 Was the Year of Innovation
January 14, 2022  |  Opinion

Think of 2021 as the year payments moved beyond the point of purchase, say Max Neukirchen, global head of payments and commerce solutions at J.P....

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Flexible Financing Options Expands BNPL’s Horizons During the Year of ‘More’
Flexible Financing Options Expands BNPL’s Horizons During the Year of ‘More’
January 14, 2022  |  Buy Now Pay Later

Just a few years ago, buy now, pay later (BNPL) was a plucky new payment method used mostly to purchase clothing and accessories in painless...

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Visa US Spending Momentum Index Finishes 2021 Strong
Visa US Spending Momentum Index Finishes 2021 Strong
January 13, 2022  |  VISA

Visa’s U.S. Spending Momentum Index (SMI) for December stands at 108.4, making it the strongest reading for that month since the start of the index,...

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Venmo Debuts Gift-Wrapping Feature
Venmo Debuts Gift-Wrapping Feature
January 13, 2022  |  Digital Payments

Venmo on Thursday (Jan. 13) unveiled its gift-wrapping feature, giving users a new way to send money to their friends and family members. Users can...

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FIS: 2021 was the Year of Perseverance
FIS: 2021 was the Year of Perseverance
January 13, 2022  |  Opinion

Financial institutions stepped up to the challenges of 2021, says Kelly Beatty, executive vice president and head of payments at FIS, meeting changing cardholder demands...

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Post-Lockdown Liberation and the End of ‘the Tyranny of Distance’
Post-Lockdown Liberation and the End of ‘the Tyranny of Distance’
January 13, 2022  |  Connected Economy

After a long career stalking and investing in Silicon Valley startups, David Blumberg says he used the pandemic lockdown to liberate himself, move to Miami...

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