Need to know

Milan – The furniture retailer and the electronics company have partnered to create a pair of hybrid speakers that are designed to blend into the home.

Launched at Milan Design Week 2019, the Symfonisk table lamp and bookshelf merge audio technology with home furnishing design. The base of the soft-glowing lamp doubles as a Sonos speaker, while the rectangular shelf – itself a speaker in nature – can be wall-mounted and used for displaying items. Both are also compatible with Sonos’ wireless sound system. ‘We knew from the start that we wanted to challenge traditional high-tech aesthetics,’ says Iina Vuorivirta, a designer at IKEA Sweden. ‘At the same time, we wanted to create something completely new.’

For more on how technology is being redesigned to quietly fit into the background of the home, look out for our upcoming Discrete Tech microtrend.

Sharjah, United Arab Emirates – The Al Faya Lodge is a luxurious hotel and spa designed to be booked out in its entirety.

Designed by Anarchitect, the five-room hotel is a new addition to the Sharjah Collection, a group of eco-retreats located throughout the Sharjah Emirate. The Al Faya Lodge is comprised of stone buildings which, in the 1960s, housed a clinic and a grocery store.

To renovate the traditional buildings for the high-end market, lead architect Jonathan Ashmore used strong, locally-sourced stone materials, as well as creating terraced decks and over-sailing roofs to protect the hotel from harsh climates. ‘Desert conditions present extreme heat in summer with intense and prolonged sun exposure so it is important to consider these factors when first designing the form and mass of the building,’ he says.

Hoteliers are building high-end eco-resorts that are designed to withstand extreme environments. For more on the future opportunities for eco-hospitality, read our Q&A with Snøhetta.

Despite the global rise of mobile payments and cashless stores, nearly two-thirds of American consumers are not in favour of a cashless society, reports CivicScience. According to a recent survey by the marketing intelligence firm, one factor thought to be contributing to this resistance is the fact that cashless services require access to a bank account or credit card.

In 2017, a survey conducted by the Federal Deposit Insurance Corporation found that 6.5% of US households were unbanked and a further 18.7% were considered underbanked, meaning they had access to a bank account, but obtained a range of financial products outside the banking system, such as money orders or payday loans.

Explore our Banking the Unbanked Market to learn more about how brands can use advances in technology to create more inclusive financial products and services.