Connected Economy

Connected Economy
Today in the Connected Economy: Amazon Expanding Palm-Print Payments
August 10, 2022

Today in the connected economy, Amazon is reportedly preparing for the largest ever rollout of its palm print payment technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Connected Economy
Today in the Connected Economy: Twitter Teases Edit Tweet Function
August 09, 2022

Today in the connected economy, Twitter users who sign up for the Twitter Blue subscription plan could gain the ability to edit their tweets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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

Today in the connected economy, clothing retailer Abercrombie & Fitch tests a new concept store called The Getaway, designed to appeal to younger consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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

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, taking reserves against anticipated loan losses seems the prudent thing to do. Get the Full Story Complete the form to...

Connected Economy
Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
August 05, 2022

Today in the connected economy, Amazon pays $1.7 billion to acquire Roomba-maker iRobot, part of the company’s effort to boost its smart home offerings. Plus, Amazon and its cloud company Amazon Web Services (AWS) extend their partnership with the artificial intelligence (AI) firm Veritone, and...

Connected Economy
2 in 3 Paycheck-to-Paycheck Consumers Prefer to Pay Drs. With Credit
August 04, 2022

What can payments preference tell us about differences in healthcare consumers? In basic terms, those on a solid financial footing stick to the familiar — credit cards mostly — while struggling paycheck-to-paycheck consumers and younger generations are trying out new ways to pay, primarily mobile...

Connected Economy
Today in the Connected Economy: Consumer Spending up, JCPenney’s Makeover
August 04, 2022

Today in the connected economy, higher prices and growing demand lead to an increase in consumer spending in July. Also, JCPenney reinvents itself as a digital-savvy retailer thanks to its customers’ smartphone use, and delivery services Gopuff and Instacart unveil new offerings. Get the Full...

Connected Economy
NEW STUDY: Inflation Causes Widespread Digital Pullback by Financially Strapped Consumers
August 04, 2022

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. By completing this form, you agree to receive marketing communications from PYMNTS and...