Connected Economy

Connected Economy
Why Brazil and Singapore Beat the US in Overall Digital Engagement
July 09, 2024

It may surprise you to learn that the U.S. did not top the global charts for digital engagement in PYMNTS Intelligence’s “How The World Does Digital” report. In fact, it came in third. But you may also be surprised at some of the details of...

Connected Economy
CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  
July 08, 2024

There were no fireworks in terms of overall performance, but through a holiday-shortened trading week, the CE 100 Index was 1.4% higher.  Tesla’s the Standout   Tesla shares gained 27.1%, in what might arguably be called the “firecracker” of the past several trading days, propelling the...

Connected Economy
How the World Does Digital: France’s Gen Zers Tops Digital Engagement Country Rankings
July 08, 2024

Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World Does Digital,” its Gen Z segment made a bold statement. French Gen Z users are the most active, with 464.8...

Connected Economy
Report: Revolut CEO Nikolay Storonsky to Sell Portion of Stake
July 07, 2024

Revolut CEO Nikolay Storonsky will reportedly sell a “small portion” of his stake in the company as part of a previously reported sale of employee shares and other existing shares. Storonsky’s stake in the British FinTech company amounts to several billion dollars, and he plans...

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...