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.

QSRs Split Between Metaverse Future, Gaming Platform Present
QSRs Split Between Metaverse Future, Gaming Platform Present
August 18, 2022  |  Metaverse

As some restaurant brands look to get into virtual reality early, others are keeping their focus on a virtual community that already has a wide...

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Apple Pay No Sure Bet as Contactless Cards Dominate
Apple Pay No Sure Bet as Contactless Cards Dominate
August 18, 2022  |  Payment Methods

For Apple Pay, the tipping point is here. Well, it might be here. Or, if you look at PYMNTS’ own findings, we’re just beginning that...

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Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
August 18, 2022  |  Cryptocurrency

Aiming to use cryptocurrency to enable cheaper, faster cross-border payments, enterprise blockchain and crypto solution provider Ripple has teamed up with Travelex Bank to launch...

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Amazon Takes Tip From TikTok with Beta Test of Shoppable Videos
Amazon Takes Tip From TikTok with Beta Test of Shoppable Videos
August 17, 2022  |  Amazon

Watch out, TikTok. Amazon is pushing into your territory. As reported by The Wall Street Journal on Wednesday (Aug. 17), the retail and tech giant...

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Today in the Connected Economy: Amazon Tests Livestream Shopping
Today in the Connected Economy: Amazon Tests Livestream Shopping
August 17, 2022  |  Connected Economy

Today in the connected economy, Amazon is reportedly taking a page from TikTok as it tests a new live stream shopping feature for its app....

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Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
August 17, 2022  |  CBDC

Aiming to make transactions easier for consumers and to put an end to tax evasion, Colombia is reportedly considering introducing a central bank digital currency...

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Amazon and Walmart Take Last Mile Logistics Battle from Main Street to Mumbai
Amazon and Walmart Take Last Mile Logistics Battle from Main Street to Mumbai
August 17, 2022  |  Retail

In the eCommerce war between Amazon and Walmart, global in scope, India looms as a key battleground — especially for the last mile which ultimately...

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Target to Double Rapid Sorting Capacity Amid Demand Spike for Same-Day Delivery
Target to Double Rapid Sorting Capacity Amid Demand Spike for Same-Day Delivery
August 17, 2022  |  Retail

Target may have its hands full trying to pare back its unsold inventory and shore-up slumping profits, but the retail giant told investors it’s also...

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Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts
Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts
August 17, 2022  |  Security & Fraud

Full-stack payments company Checkout.com is rolling out enhancements to its authentication product to help online businesses reduce abandoned carts as evolving strong customer authentication (SCA)...

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