WhatsApp wants more businesses: The messaging platform is streamlining business onboarding and expanding messaging capabilities as it works to become a hub for business-to-consumer communication.
Twitter Fleets get ads: With Twitter tight-lipped about Fleets usage, it's hard to say how popular the ad product will be, but focusing on event marketing could help brands get on board.
Snap and Salesforce partner: The newly-inked deal will let businesses on Salesforce use first-party data to target audiences on Snap, which could improve the company's post-IDFA ad prospects.
Visa invested an undisclosed amount into biometric authentication startup LoginID and Amex linked its fraud detection system with platforms from Accertify, Microsoft, and Riskified.
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PrimaryBid partnered with Euronext to offer French retail investors early access to IPOs, but fintechs should ensure users understand that these present potentially highly risky investments.
Ally axes overdraft fees: The bank, which waived overdraft fees due to the pandemic, said it will dump them for good—and if its banking peers join in, they could trigger a frenzy to eliminate the revenue source.
Temenos Virtual COO—which incorporates explainable AI, to help its banking clients’ business customers make financial decisions—lets banks use the technology for complex operations.
Starling gets accreditation for UK business lending program: The credential to lend originates from a UK government’s Recovery Loan Scheme, a successor pandemic-era assistance program. But the program’s initial weak reception may push the neobank to speed up its post-pandemic customer retention plans.
The Biden administration released its budget proposal for fiscal year 2022, which allocates large chunks of funding to healthcare innovation—which is good news for digital health companies.
GE Healthcare teamed up with the American College of Cardiology to bolster AI developments for cardiac care—a sign that AI-tools are seeping into more niche areas of healthcare delivery.