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.

FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
December 06, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is stepping up its monitoring of crypto-assets and decentralized finance (DeFi).  During its Monday and Tuesday (Dec. 5 and 6) meeting in...

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EU Says Meta Needs to Change Targeted Ad Practices
EU Says Meta Needs to Change Targeted Ad Practices
December 06, 2022  |  Regulation

European privacy regulators say Meta shouldn’t require users to accept ads based on online activity. The ruling could limit the data the social media giant can use to...

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More Brands Following Tech and Automakers into Connected Cars
More Brands Following Tech and Automakers into Connected Cars
December 06, 2022  |  Connected Economy

As consumers seek frictionless payments, businesses are looking to connect with captive in-car customers. Most recently, energy giant Chevron was reported to have created an app for Apple CarPlay...

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Being a Super App and Declaring Intentions Are Very Different
Being a Super App and Declaring Intentions Are Very Different
December 06, 2022  |  Connected Economy

Microsoft is reportedly looking to enter the race to become America’s new super app provider. While the software giant’s intentions — as well as those...

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Australia Sues Amex for Violating Credit Card Distribution Rules
Australia Sues Amex for Violating Credit Card Distribution Rules
December 06, 2022  |  Regulation

Australia’s securities regulator says American Express issued customers cards without ensuring they understood them. In a lawsuit filed Monday (Dec. 6), the Australian Securities & Investments Commission (ASIC) alleges...

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Virtual Bagel Brand Offers Consumers  ‘Inexpensive Luxury’ amid Inflation
Virtual Bagel Brand Offers Consumers ‘Inexpensive Luxury’ amid Inflation
December 05, 2022  |  Merchant Innovation

As consumers reevaluate their spending, direct-to-consumer (D2C) food brands have had luck selling affordable indulgences. For example, PopupBagels, a virtual brand launched during the pandemic as...

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ADVA and One Finance Team on Egyptian BNPL Offering
ADVA and One Finance Team on Egyptian BNPL Offering
December 05, 2022  |  Payment Methods

One Finance and ADVA have partnered to expand consumer financing in Egypt. The two digital lending platforms announced the partnership on Monday (Dec. 5) in...

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Zimpler Launches Paylink Solution for Invoice Payments
Zimpler Launches Paylink Solution for Invoice Payments
December 05, 2022  |  Payment Methods

The Swedish FinTech Zimpler announced the launch of its Paylink solution on Monday (Dec. 5). Joining the ranks of Mastercard’s Pay-by-Link, Zimpler’s new solution allows businesses to...

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Aluminum China Launches Global Online B2B Marketplace
Aluminum China Launches Global Online B2B Marketplace
December 05, 2022  |  B2B Payments

Aluminum China has launched an online B2B marketplace and supply chain platform for aluminum products.  Dubbed “ALU connect,” the new offering is designed to connect global...

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