SMB-focused Judo Bank lands AUD $124M: At its fifth equity round, the Australian neobank hit a AUD $1.9 billion ($1.31 billion) valuation—much-needed capital for competing with established banks in the small and medium-sized business (SMB) space.
Raisin hits sweet US milestone: Germany-based Raisin has made MapleMark Bank its first US banking partner as it aims to overhaul the market for certificates of deposits—the fintech’s product could help banks add customers and funding sources.
Revolut hits a peak of 15.5 million retail customers: The neobank’s accounts and revenue swelled even as its losses mounted—and its financials suggest it can still grow paid revenue and attract more non-UK customers.
Over the past year, US banks built up a consumer trust advantage over competitors such as neobanks and tech companies, according to our second annual “Banking Digital Trust Report.” from Insider Intelligence. The largest US banks have come to customers’ aid in a time of crisis, and customers have rewarded that flexibility with greater trust in their primary financial institutions.
Amazon accelerates healthcare innovation: Amazon Web Services and KidsX launched an accelerator for digital health startups—here’s how it hints at Amazon’s eye for the pediatrics digital health market.
Employers and their workers don’t see eye to eye on mental health: A new study reveals employees don’t always agree with how accepting their workplace is of mental health issues—here’s how digital mental health benefits could come in handy.
Provider organization M&As foster more room for digital health transformation
New Nielsen numbers: The company is releasing a new monthly measurement of US time spent watching TV, with its first report showing streaming accounting for just over a quarter of time spent.
LAPD officers reportedly acted as Ring brand ambassadors for years, promoting the company’s surveillance tech in exchange for free gadgets and discounts. The discontinued influencer program is among Ring’s many police partnerships further eroding consumer trust and imperiling long-term growth opportunities.
Do diverse travel ads make an impact?
Sticky consumer shopping habits and Thanksgiving store closures will likely set the stage for ecommerce this holiday season.
Thirty-second Super Bowl spots soar: NBC seeks a 9.1% price jump for the coveted ad slots, as well as a buy-in agreement for the Winter Olympics, as it capitalizes on both high-profile events.
Primed for Prime Day: The sales event is underway, and new research points to healthy sales as more Prime members look for deals than did last year.
eMarketer was pleased to moderate a Tech-Talk Webinar featuring Vihan Sharma, managing director, Europe, and senior vice president of Safe Haven at LiveRamp and Alexis Marcombe, managing director of Carrefour Links. They talked about how data collaboration fits into Carrefour’s business strategy.
The recent boom in EV technology has resulted in destructive lithium mining, which is rapidly depleting lithium reserves to supply batteries for EVs and causing irreparable ecological damage.