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.

Marqeta’s Results Point to Slowing Growth in FinTech Digital Card Issuance
Marqeta’s Results Point to Slowing Growth in FinTech Digital Card Issuance
August 11, 2022  |  Earnings

Card issuance may be facing a digital speed bump. Marqeta’s latest results, released after the market closed on Wednesday, showed continued growth as client firms...

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Warby Parker to Grow Store Count 25% as D2C Darling Accelerates Omnichannel Push
Warby Parker to Grow Store Count 25% as D2C Darling Accelerates Omnichannel Push
August 11, 2022  |  Retail

Stiff macroeconomic headwinds are in focus for online eyewear brand Warby Parker, which is moving deeper into omnichannel territory via the opening of 40 new...

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Wise, Plaid Launch Open Finance Partnership
Wise, Plaid Launch Open Finance Partnership
August 10, 2022  |  Partnerships

Money transfer service Wise and payments processing company Plaid have formed an open finance agreement to help customers move money across different financial institutions (FIs)....

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Today in the Connected Economy: Amazon Expanding Palm-Print Payments
Today in the Connected Economy: Amazon Expanding Palm-Print Payments
August 10, 2022  |  Connected Economy

Today in the connected economy, Amazon is reportedly preparing for the largest ever rollout of its palm print payment technology. Also, Kohl’s expands its buy...

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Deliveroo to Exit Netherlands as Food Delivery Flounders Worldwide
Deliveroo to Exit Netherlands as Food Delivery Flounders Worldwide
August 10, 2022  |  Earnings

As economic pressures mount around the world, multinational food delivery businesses are having a rough go of it. United Kingdom-based food delivery aggregator Deliveroo, for...

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SEC, CFTC Weigh New Hedge Fund Crypto Reporting Rules
SEC, CFTC Weigh New Hedge Fund Crypto Reporting Rules
August 10, 2022  |  Regulation

Federal regulators are set to issue a proposal that would — among other things — require large hedge funds to reveal their cryptocurrency exposure. The...

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Kohl’s Looks to Outpace Surge in Same Day Delivery With Expanded Self-Pickup
Kohl’s Looks to Outpace Surge in Same Day Delivery With Expanded Self-Pickup
August 10, 2022  |  Retail

It’s never too early for the holiday shopping music to start with a possible recession in the air, so Kohl’s is joining the fray of...

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Today in the Connected Economy: Twitter Teases Edit Tweet Function
Today in the Connected Economy: Twitter Teases Edit Tweet Function
August 09, 2022  |  Connected Economy

Today in the connected economy, Twitter users who sign up for the Twitter Blue subscription plan could gain the ability to edit their tweets. Also,...

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Caterers See Boost As Companies Use Free Lunch to Get Workers Back In Office
Caterers See Boost As Companies Use Free Lunch to Get Workers Back In Office
August 09, 2022  |  Merchant Innovation

Restaurants and grocery stores may be struggling with margin pressures and increasing customer dissatisfaction as food prices skyrocket, but one sector of the food industry,...

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