Charles Schwab’s $200 million fine signals that the industry will face more regulatory pressure to provide greater transparency on fees and portfolio allocations and avoid conflicts of interest.
U.S. Bank hastens branch closures: Due to the coronavirus pandemic, the bank saw digital adoption spike, and it now plans to accelerate its pre-planned branch closures—but it intends to keep in-person banking relevant by pushing complex services in person.
We recently updated our top 10 list of US retailers by ecommerce sales, but this time, we extended our ranking to the top 15. Together, these 15 companies will account for 72.3% of ecommerce sales in the US this year, up 10.5 percentage points from 2019, largely due to growth seen by Amazon and Walmart.
Insider Intelligence’s second annual Banking Digital Trust survey polled 2,412 US digital banking users in February and March 2021 on their attitudes toward their banks across six key dimensions of digital trust: Security, Privacy, Reputation, Reliability, Ease of Use, and Feature Breadth. Now, we present a new data cut in which we split respondents into two key groups: the Trusters and the Doubters.
eMarketer was pleased to moderate a Tech-Talk Webinar featuring Epsilon’s Shelly Photiades, vice president, strategy services, Sandeep Gadre, senior director, product management, and Evan Goldstein, vice president, analytics. They shared what financial services marketers can do to make their marketing work harder – and what that looks like in real life.
Atom Bank passes £3B mortgage level: Amid a sizzling property market, the UK-based neobank completed more than £3 billion ($3.85 billion) worth of mortgages—a win that helps it stand out from fellow challengers.
Discount retailers hop on the healthcare bandwagon, too: Dollar General is expanding its healthcare products and services— we think its massive US store footprint could threaten retail giants like CVS and Walgreens.
UnitedHealthcare helps make better sense of social health data: It launched a new predictive analytics tool to better connect members with social services they need to improve their health—we unpack why tools like these are important for advancing social determinants of health projects.
On today's episode, we discuss what Facebook's new virtual reality (VR) ads look like, the ad formats that will be unique to VR, and what's driving VR headset growth. We then talk about the breakdown of what Americans are watching on TV, whether we will ever see ads on Disney+ and Netflix, and whether YouTube TV has the answer for sports fans. Tune in to the discussion with eMarketer principal analysts at Insider Intelligence Victoria Petrock and Paul Verna.
USA Today switches to subscriptions: It's the last major US news outlet to make the change, focusing on alternative forms of revenues as newspaper ad spending continues to fall.
China’s $315 billion social commerce lead
The Japanese firm’s investment in facial recognition startup AnyVision marks its second major funding of the tech since 2018. SoftBank’s investment carries a reputational risk and comes as Big Tech firms are publicly distancing themselves from facial recognition.
The YouTube recommendation algorithm regularly recommends misinformation and other content that violates the company’s own policies per a new study. The findings further highlight the inherent tensions social media companies face when relying on algorithms to both drive and moderate content.