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.

Beauty Subscriptions Are First to Go as Consumers Reduce Spending
Beauty Subscriptions Are First to Go as Consumers Reduce Spending
December 05, 2022  |  Subscription Commerce

As consumers reevaluate subscriptions amid inflation, new data shows beauty memberships are the most vulnerable. In fact, a greater share of customers is cutting out...

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Banks and FinTechs Pivot to Consumer Credit Rehab
Banks and FinTechs Pivot to Consumer Credit Rehab
December 05, 2022  |  Retail

The rise in stretched consumers has seen more banks and FinTechs looking to help them. With weakened consumer buying power, a major theme of 2022,...

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Consumers’ Openness to Payment Options Drives Better Credit Scores
Consumers’ Openness to Payment Options Drives Better Credit Scores
December 05, 2022  |  Payment Methods

Consumers willing to try something new at checkout could boost their credit scores. This at a time when new findings in the report “New Payment Options:...

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19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
December 05, 2022  |  Opinion

Looking back on 2022 is a lesson in expecting the unexpected. COVID-19 concerns and supply chain shortages were unceremoniously pushed aside by sky-high inflation and...

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CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
December 05, 2022  |  Connected Economy

Connected economy names surged as investors cheered signs of resilient consumer spending. To that end, the CE 100 Index outpaced the broader markets, gaining 3.1%...

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Stripe Launches Fiat-to-Crypto Widget for Web3 Developers 
Stripe Launches Fiat-to-Crypto Widget for Web3 Developers 
December 02, 2022  |  Payment Methods

Payments processor Stripe now offers a widget that provides a fiat-to-crypto onramp.  When the new customizable widget is embedded into a decentralized exchange (DEX), non-fungible token (NFT)...

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Le Collectionist Raises $63M for Luxury Vacation Rental Platform
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022  |  Investments

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties...

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Maersk Quietly Quits TradeLens Blockchain Project
Maersk Quietly Quits TradeLens Blockchain Project
December 02, 2022  |  Blockchain / Distributed Ledger

With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way.   After all, blockchains...

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Genesco Says Online Shoe Sales Remain Strong After Pandemic 
Genesco Says Online Shoe Sales Remain Strong After Pandemic 
December 02, 2022  |  Retail

Post-pandemic, consumers are still buying shoes online.  Footwear retailer Genesco said in a Friday (Dec. 2) presentation that both store and digital comparable sales were up...

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