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.

Super Apps Have Potential to Unlock $3.2T in Annual Consumer Spending
Super Apps Have Potential to Unlock $3.2T in Annual Consumer Spending
July 19, 2022  |  Connected Economy

Millions of consumers — and potentially hundreds of millions of them — are at the ready. They have their devices in hand, waiting for the...

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New FTC Data Directives Driving Change at Car Dealerships
New FTC Data Directives Driving Change at Car Dealerships
July 19, 2022  |  Internet of Things

When the Federal Trade Commission (FTC) posted an article about internet of things (IoT) devices that can derive highly sensitive information about users and are...

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Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO
Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO
July 19, 2022  |  Payment Methods

We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the...

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UK Consumers Trust PayPal More Than Banks to Provide Super App, Study Finds
UK Consumers Trust PayPal More Than Banks to Provide Super App, Study Finds
July 18, 2022  |  Connected Economy

The U.K.’s appetite for a super app is huge. That assertion is according to a recent report published by PYMNTS in collaboration with PayPal, titled...

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Today in the Connected Economy: Starbucks Considers UK Sale
Today in the Connected Economy: Starbucks Considers UK Sale
July 18, 2022  |  Connected Economy

Today in the connected economy, Instagram announces users can now make payments in chat for items they come across when browsing their social feeds. Also,...

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UK’s Deliveroo Catches ‘Aggregator Flu’ as Consumers Rein In Spending
UK’s Deliveroo Catches ‘Aggregator Flu’ as Consumers Rein In Spending
July 18, 2022  |  Delivery

UK-based food delivery service Deliveroo announced Monday (July 18) that it is slashing its sales growth forecast in the face of a “rapidly changing macroeconomic environment.”...

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Changing Work Patterns Leave Starbucks Weighing Sale of UK Unit
Changing Work Patterns Leave Starbucks Weighing Sale of UK Unit
July 18, 2022  |  Retail

With consumers’ lifestyles permanently changed by the events of the past few years, coffeehouse chains that relied on in-office consumers stopping in on their breaks...

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Real-Time Data Untangles Traffic, Logistics, Insurance Challenges 
Real-Time Data Untangles Traffic, Logistics, Insurance Challenges 
July 18, 2022  |  Data

When you look at an in-car navigation system, news broadcast or mobile app and roads marked with red, yellow and green designating the current traffic...

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New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
New Survey Finds 3 in 4 Consumers With Strong Demand for Super Apps
July 18, 2022  |  Consumer Finance

Modern life is complex — and consumers want an app for that. Recent research reveals that most consumers in Australia, Germany, the United Kingdom and...

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