Square announced a platform to help developers create DeFi applications in a bid to recreate its crypto revenue success with DeFi.
Twilio Live: The cloud communications platform will now help any business take advantage of the booming live audio and video streaming trend.
Publicis buys CitrusAd: The agency's acquisition is a sign of the growing importance of retail media and the agency's focus on performance-oriented advertising.
The QuickBooks Card Reader lets merchants accept contactless payments and chip cards—helping Intuit move further beyond accounting software and into in-store payments.
Temenos pushes customization to help banks personalize their user experience: The banking software vendor’s product will enable its customers to update products quickly and tailor their digital channels by demographic—which could help level the playing field for smaller financial institutions.
TD Bank digital glitch had very bad timing: The bank restored account access to online and mobile channels after an outage attributed to a service provider—unfortunately, it coincided with a payday and the first distribution of monthly US Child Tax Credit payments.
China’s wallets have gone mobile
There’s a lot of attention paid to direct-to-consumer (D2C) brands right now, and for good reason: in addition to the pandemic-fueled 45.5% growth from 2019 to 2020, US digital D2C sales are expected to grow another 15.9% in 2021, reaching $175 billion by 2023, according to our estimates.
This month, the bank is starting to deploy its integrated digital offering, potentially reaching half a million customers in July—a measured approach that reduces the risk of any glitches alienating too many customers.
Digital health’s funding frenzy isn’t slowing down: The first half of 2021 brought in a new record high of $15 billion in digital health funding, with telehealth investments accounting for the biggest chunk—here’s why digital health funding is beating the odds despite a drop in telehealth use.
Disney sees straight-to-streaming success: "Black Widow" made $60 million from Disney+ rentals despite theaters being mostly reopened, a success story that could have lasting effects on future movie release plans.
A new government task force will work to bolster US cyber defenses to combat surging ransomware attacks. Though an important first step, effective ransomware prevention will likely require either comprehensive legislation or scalable local security initiatives.
A pair of government watchdog reports into federal use of facial recognition has reinvigorated bipartisan calls for AI regulation generally. Algorithmic amplification of online content could present an opportunity for consensus for both parties, albeit from different angles.