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.

Walmart Takes First Step to Launching Digital Bank With One
Walmart Takes First Step to Launching Digital Bank With One
September 14, 2022  |  Digital-First Banking

Retail banking, indeed.  In the most literal sense. In a move that is not a surprise  — but is a seismic shift in financial services,...

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Startups, EU Funds Drive Spain’s Digital Transformation Forward
Startups, EU Funds Drive Spain’s Digital Transformation Forward
September 14, 2022  |  SMBs

In a PYMNTS study benchmarking the digital engagement levels of 11 countries, Spain performed well compared to its European peers. Of the five European Union...

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Binance CEO: EU’s Proposed Crypto Reg ‘Strict’
Binance CEO: EU’s Proposed Crypto Reg ‘Strict’
September 14, 2022  |  Regulation

Binance Founder and CEO Changpeng “CZ” Zhao reportedly said the European Union’s proposed regulation of cryptocurrency is “fantastic,” though he does have some reservations about...

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Amazon’s Logistics Fine-Tuning Spotlights Last-Mile Focus
Amazon’s Logistics Fine-Tuning Spotlights Last-Mile Focus
September 14, 2022  |  Delivery

For Amazon, the logistics buildout is a work in progress — with incentives in the mix to keep its driver base growing into the all-important...

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Inditex Says Optimized Shopping Experience Boosted Sales 25%
Inditex Says Optimized Shopping Experience Boosted Sales 25%
September 14, 2022  |  Retail

Zara-parent and fast fashion giant Inditex reported that its sales in the first half of 2022 were up about 25% year over year and attributed...

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Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
September 13, 2022  |  Cryptocurrency

It’s pretty much accepted wisdom, and backed up by many studies and surveys, that the youngest consumers know the most about crypto — and are...

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Security & Fraud

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

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Turkish Banks Reduce Corporate Lending Due to New Banking Regulations
Turkish Banks Reduce Corporate Lending Due to New Banking Regulations
September 12, 2022  |  Digital-First Banking

Turkish banking regulations meant to keep the cost of credit low for small to medium-sized businesses (SMBs) and exporters are reportedly causing banks to pull...

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