Connected Economy

Connected Economy
Visa, Mashreq Supply Virtual Card Solution to UAE’s Emaar Properties
July 07, 2024

Emaar Properties PJSC, a real estate developer in the United Arab Emirates (UAE), has adopted a virtual card solution from Visa and Mashreq to facilitate the digitization and automation of its B2B payments. By adding this solution through a direct enterprise resource planning (ERP) system integration, Emaar...

Connected Economy
They Said That: Notable Quotables From the Week of July Fourth
July 04, 2024

Every week we scan our interviews, opinion pieces and news stories for the quotations that give us a sense of where we are as a connected economy in the payments and banking business. Here’s our notable quotables, Fourth of July version, for the week that...

Connected Economy
FedEx’s Performance Saves the CE 100 Index From Decline as Nike Disappoints
July 01, 2024

It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and...

Connected Economy
Low-Orbit Economy Could Be High Stakes for Global Money Movement
June 24, 2024

Access to the connected economy is the first step in contributing to it. And with the news last week that Starlink, a subsidiary of Elon Musk’s SpaceX, has launched a new, low-cost WiFi satellite, there’s a growing impact that Low Earth Orbit (LEO) satellites —...

Connected Economy
Why the Connected Economy Isn’t
June 24, 2024

The 2,000 members of the Marubo tribe were among the most disconnected people on Planet Earth. A people whose roots span many centuries, they live in a part of the Amazon rainforest in Brazil so remote that it is said to take a week or...

Connected Economy
CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
June 24, 2024

The CE 100 Index was 0.5% higher this past week, boosted by the fortunes of the “Have Fun” group, which jumped 3.3%. Within that segment, DraftKings surged 7.9% and Flutter Entertainment was 6.2% higher. DraftKings rebounded from volatile trading seen in recent weeks in the...

Connected Economy
Heat Wave? Consumers Cool Off With Digital-First Staycations
June 19, 2024

As so many people learned back in 2020, digital platforms provide a wide range of amusements that can be enjoyed from the comforts of one’s home when going on an in-person adventure is not feasible. For midweek holidays, these tech-enabled staycations can be just what...

Connected Economy
Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
June 17, 2024

The headlines moving the CE 100 Index this week were dominated by Apple’s announcements at its developers conference that covered everything from AI to payments. And yet the tech behemoth’s rise was blunted by declining names in other areas of the CE 100 roster, leaving...

Connected Economy
Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
June 13, 2024

As technology and the connected economy march onward, the boundary between the digital and physical worlds is becoming increasingly blurred. New opportunities are emerging — with geolocation technology at the forefront. The ability to tailor digital experiences based on physical location has moved from a...