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.

Lawmakers Call for Halt of TD’s $13B First Horizon Deal
Lawmakers Call for Halt of TD’s $13B First Horizon Deal
June 15, 2022  |  Acquisitions

A group of lawmakers led by U.S. Sen. Elizabeth Warren (D-Massachusetts) has asked the Office of the Comptroller of the Currency to halt TD Bank’s...

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Revolut Releases Simplified App Version in Five Countries
Revolut Releases Simplified App Version in Five Countries
June 15, 2022  |  Mobile Applications

Digital banking platform Revolut is introducing a streamlined version of its app in Sri Lanka, Chile, Ecuador, Azerbaijan and Oman, which will give users the...

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UK Wants Crypto Companies, Not Criminals, Digital Minister Says
UK Wants Crypto Companies, Not Criminals, Digital Minister Says
June 15, 2022  |  Cryptocurrency

The U.K.’s digital minister is stressing his government’s wish to make the country a worldwide hub for cryptocurrency activity, even as he expressed caution about...

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Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022  |  Cryptocurrency

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long...

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PayCargo Raises $130M for Global Expansion
PayCargo Raises $130M for Global Expansion
June 15, 2022  |  B2B Payments

Logistics payments firm PayCargo raised $130 million in a Series C funding round from a single investor, Blackstone Growth, to further the startup’s global expansion...

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Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
June 15, 2022  |  Regulation

Qualcomm has won its appeal of a €997 million (about $1.04 billion) fine from European Union regulators over payments made to Apple to use Qualcomm...

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Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
June 15, 2022  |  Connected Economy

The concept of digital engagement is frequently used to assess to what extent people use internet-connected devices in their day-to-day lives. Many people assume that...

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NFT Weekly: Amex, Abra Team Up; Mastercard Targets NFT Sales; Seth Green Buys Back Bored Ape
NFT Weekly: Amex, Abra Team Up; Mastercard Targets NFT Sales; Seth Green Buys Back Bored...
June 14, 2022  |  Cryptocurrency

The digital asset financial services company Abra announced on June 10 that it is launching the first crypto rewards credit card on the American Express...

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Car Navigation Systems Go off the Beaten Path
Car Navigation Systems Go off the Beaten Path
June 14, 2022  |  Technology

How would you ask a vehicle’s navigation software for directions to a spot that doesn’t have a street address — such as a site that’s...

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