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.

Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
November 17, 2022  |  Retail

In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Mega-retailer Target discussed Wednesday (Nov....

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Visa to Bring Contactless Payments to World Cup
Visa to Bring Contactless Payments to World Cup
November 17, 2022  |  VISA

Visa is bringing a contactless payments network to this year’s World Cup, joining a legion of companies attempting to make paying easier for sports fans....

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Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022  |  Retail

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman...

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Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022  |  Retail

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its...

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FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Security & Fraud

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

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Bump Teams With Mastercard, Highnote to Help Creators
Bump Teams With Mastercard, Highnote to Help Creators
November 16, 2022  |  Connected Economy

With the global creator economy expanding, financial services platform Bump has teamed up with Mastercard and card issuer Highnote to launch the Bump Creator Card....

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EU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
EU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
November 16, 2022  |  Apple Pay

Since the launch of the iPhone 6, all subsequent models of Apple’s smartphone have enabled contactless payments with the Apple Pay mobile wallet using near...

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Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
Digitization of Rail Transport Enables Seamless Journeys for Europe’s Passengers
November 15, 2022  |  Payments Innovation

Just like consumers now expect to be able to book a single journey with multiple airlines in one transaction, rail booking platforms like Trainline and...

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Railsr Selects Featurespace for AML Analytics Tech
Railsr Selects Featurespace for AML Analytics Tech
November 15, 2022  |  Security & Fraud

The U.K.-based embedded finance company Railsr announced on Tuesday (Nov. 15) that it has partnered with Featurespace to help protect Railsr customers from the threat...

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