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The Monday Conversation

P97 CEO On The Connected Commute’s Fast Lane

On average, 135 million Americans commute 51 minutes a day — an activity worth nearly $230 billion in associated commerce. P97 Networks’ CEO Don Frieden tells Karen Webster that it’s only the beginning of what will be a sea change in how connected commuters are, and how they will use those connections to shop and pay. It’s a change, Frieden says, that is coming up fast and picking up speed.

eCommerce

Why Africa Is eCommerce’s Next Great Frontier

The African continent is home to 738 million smartphone users — more than half of whom are young, tech-savvy and ready to embrace digital payments and banking. Emergent Technology’s Managing Director Saqib Nazir tells PYMNTS about the opportunities and challenges that define the next great eCommerce frontier.

Connected Cars

Visa: How Payments Fuel The Connected Car Experience

Fresh off CES, Visa’s Head of IoT Platforms Bisi Boyle tells Karen Webster that the software platforms on wheels that we now call cars are just one stop on the connected commerce journey that consumers now wish to travel. Digital payments, she says, will make those experiences seamless in and out of the car, and fuel countless new commerce opportunities.

Why The Physical Store Model Is Dead

NRF kicks off this week, and with it will come loads of innovations intended to drive consumers back into the stores. Karen Webster says there’s only one problem: Consumers don’t really want to go. Physical retail can survive the consumer’s shifting preferences for digital commerce, but the existing store model certainly won’t, she says. Here’s why traditional retail might want to look at the evolution of traditional media for clues on what the future will hold.

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