The shift toward digital payments has been underway for years, given their ability to connect the world, expand access and drive inclusion. The COVID-19 pandemic sped up the adoption of digital payments around the world, and pandemic-driven trends are proving to be less of a trend and instead a permanent behavior shift. In South Korea,… Continue reading What Do Digital Payments Do For An Economy?
Across the United States, companies in a range of industries are unable to obtain the semiconductor chips necessary to power the products that propel economic growth. While on the surface this may appear to be a short-term supply chain disruption, the chip shortage has material economic impacts across the American economy, including a disruption of… Continue reading Addressing The Chip Shortage: Protecting The Payments Industry And The American Economy
2020 rapidly accelerated the digital transformation of the American economy as the spread of COVID-19 required communities to make significant changes to in-person activities. These changes laid bare the necessity of reliable internet access for basic economic and social activities. Now more than ever, broadband is an essential service, facilitating financial transactions, education, commerce, health… Continue reading Investing In Broadband To Expand Economic Opportunity And Financial Access In Today’s Digital Economy