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.

Italy Considering Tax to Reduce Bank Fees on Merchant Digital Payments
Italy Considering Tax to Reduce Bank Fees on Merchant Digital Payments
December 07, 2022  |  Regulation

Italy’s ruling coalition may deploy a tax on banks in its fight against digital payments.  The coalition’s proposed tax on banks — which has been...

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ECB Board Member Says Crypto is ‘House of Cards’ 
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022  |  Cryptocurrency

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  So said Fabio Panetta, a member of the executive board...

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Fanatics’ Massive Valuation Underscores Connected Economy’s Continued Appeal 
Fanatics’ Massive Valuation Underscores Connected Economy’s Continued Appeal 
December 07, 2022  |  Commerce Connected

Fanatics expansion from hats to scores of categories and markets is a lesson in cross-pollination. It is also proof that the connected economy is thriving....

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Campbell’s Sees Packaged Meal Growth as Consumers Seek Restaurant Alternatives
Campbell’s Sees Packaged Meal Growth as Consumers Seek Restaurant Alternatives
December 07, 2022  |  Retail

Inflation has caused consumers to reconsider their spending, which has lifted Campbell’s prepared food sales. This, as the food company announced Wednesday (Dec. 7) in...

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Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes
Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes
December 07, 2022  |  Retail

Walmart’s CEO says the retailer could raise prices if authorities can’t curb “historically” high shoplifting. Speaking to CNBC Tuesday (Dec. 6), Doug McMillon said theft at...

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Chevron Debuts Connected Car Rewards and Payments App
Chevron Debuts Connected Car Rewards and Payments App
December 06, 2022  |  Mobile Applications

Chevron U.S.A. has launched apps for Apple CarPlay and Android Auto.  With the new apps, users can pay for fuel from the dashboard infotainment system...

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More Men Than Women Shop Online for Groceries
More Men Than Women Shop Online for Groceries
December 06, 2022  |  Retail

Men use eGrocery channels more than women, and this divide is especially wide for aggregators. For the PYMNTS study The ConnectedEconomy™ Monthly Report: The Gender Divide,...

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Nubank Boosts Investment and Gains Regulatory Approval in Mexico 
Nubank Boosts Investment and Gains Regulatory Approval in Mexico 
December 06, 2022  |  Digital-First Banking

Nubank has added a $330 million equity capitalization to its investment in Mexico.  The Brazilian digital financial services platform said in a Tuesday (Dec. 6) press release that...

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Apple Music to Add Feature to Help Users Sing Along 
Apple Music to Add Feature to Help Users Sing Along 
December 06, 2022  |  Subscription Commerce

Apple Music will soon add a feature that makes it easier for fans to sing along with songs.  Due to become available to Apple Music subscribers...

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