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.

From AI to Esports: Digital Evolution Goes for Gold at Paris Olympics
From AI to Esports: Digital Evolution Goes for Gold at Paris Olympics
July 24, 2024  |  News

Artificial intelligence (AI) is set to transform the landscape of the 2024 Paris Olympic Games, ushering in a possible wave of technological advancement and operational...

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Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
July 24, 2024  |  Connected Economy

Never let a crisis go to waste, as the adage goes. And when it comes to cybersecurity best practices and procedures, recent digital disruptions —...

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FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

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3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
July 24, 2024  |  Restaurant innovation

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption...

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Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China...

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DOT Probes Delta’s Handling of CrowdStrike Outage
DOT Probes Delta’s Handling of CrowdStrike Outage
July 23, 2024  |  Transportation

Delta Air Lines’ handling of a recent mass IT outage is the target of a federal investigation. The investigation is to “ensure the airline is...

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Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
July 23, 2024  |  Banking

The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically...

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CrowdStrike Outage Hits Amazon at a Key Moment for Shopper Loyalty
CrowdStrike Outage Hits Amazon at a Key Moment for Shopper Loyalty
July 22, 2024  |  Amazon

With the CrowdStrike outage having come just one day after the close of Amazon’s blockbuster Prime Day event, the eCommerce giant could see the outage...

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AI Explained: Reinforcement Learning and How It Shapes Commerce
AI Explained: Reinforcement Learning and How It Shapes Commerce
July 22, 2024  |  artificial intelligence

At a bustling Amazon warehouse, robots weave through aisles, selecting items for shipment with increasing speed and accuracy. These aren’t pre-programmed machines but artificial intelligence...

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