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.

Today in the Connected Economy: Grubhub’s Amazon Bid Pays Off
Today in the Connected Economy: Grubhub’s Amazon Bid Pays Off
August 03, 2022  |  Connected Economy

Today in the connected economy, Grubhub reaps the benefits of its investment in Amazon, with its parent company’s CEO saying orders have accelerated since the...

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Crypto Fight on Capitol Hill Increasingly Favors CFTC
Crypto Fight on Capitol Hill Increasingly Favors CFTC
August 03, 2022  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) appears to have won another round in its fight with the Securities and Exchange Commission (SEC) for control of...

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ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
August 03, 2022  |  CBDC

Holy Grail? Maybe. But: For cross-border payments, there may be a few paths to that Grail. The recent paper put forth by the European Central...

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Airbnb’s Q2 Earnings Show Working Vacations Still Have Traction
Airbnb’s Q2 Earnings Show Working Vacations Still Have Traction
August 03, 2022  |  Earnings

In the face of steep inflation and major air travel disruptions, consumers still booked more trips and longer stays with Airbnb in the second quarter...

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Today in the Connected Economy: Ulta Expands Tie-up With The Honest Company
Today in the Connected Economy: Ulta Expands Tie-up With The Honest Company
August 02, 2022  |  Connected Economy

Today in the connected economy, The Honest Company continues its foray into the world of physical retail with an expanded Ulta collaboration. Plus, food delivery...

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Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
August 02, 2022  |  Security & Fraud

The $190 million hack of Nomad, a cross-chain bridge protocol used to make transactions between different blockchains is unusual in one regard. The theft on...

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As Remote Work Goes Global, Paying Workers Gets Complex
As Remote Work Goes Global, Paying Workers Gets Complex
August 02, 2022  |  Cross-border Payments

As the idea of a permanently remote workforce gains acceptance after two years of COVID-enforced telecommuting, it isn’t exactly surprising that companies that started looking...

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Receipt Data Bridges Loyalty Gap for Savvy Retailers and Banks
Receipt Data Bridges Loyalty Gap for Savvy Retailers and Banks
August 02, 2022  |  Loyalty & Rewards

A common definition of loyalty “is a strong feeling of support or allegiance.” It’s an apt description of what businesses seek to gain from investments...

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Today in the Connected Economy: Amazon Unveils Same-Day Local Retail Deliveries
Today in the Connected Economy: Amazon Unveils Same-Day Local Retail Deliveries
August 01, 2022  |  Connected Economy

Today in the connected economy, Amazon offers Prime members same-day delivery from a slate of local retail stores around the country. Plus, the founder of...

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