The fintech sold majority stakes in a $600 million deal, boosting its valuation ahead of a possible IPO and providing the necessary capital to make strategic acquisitions and stay ahead of competitors.
Lloyds faces angry SMBs with bank account fee hikes: The UK bank is moving ahead with several fee increases that will affect its small and medium-sized business (SMB) customers—which could lead some customers to jump to Lloyds’ competitors.
UK regulator tells neobanks to knock off bank comparisons: Neobanks must inform their customers that they lack deposit protection—the latest instance of global regulatory pressure on challenger banks, which could prompt more to seek banking licenses.
Even as consumers develop stronger appetites for emerging payment methods, opinions remain mixed on biometrics—and providers will need to win customers over.
The future looks bright for insurtechs: Bright Health just filed to go public—here’s why health insurtechs like it are primed to grow and garner more digital health tie-ups.
Amazon’s week was full of healthcare announcements: The tech giant now launched a new mental health benefits program for its employees—we think it could be eyeing an Amazon Care-like nationwide rollout next.
On today's episode, we discuss how The Walt Disney Co., ViacomCBS, and Roku started the year. We then talk about the new WarnerMedia-Discovery merger, Nielsen's new ratings service for streaming, and NBCUniversal's new ad formats. Tune in to the discussion with eMarketer senior forecasting analyst at Insider Intelligence Eric Haggstrom.
Android TV reaches 80M devices: Google's CTV platform is still trying to catch up to Roku and Amazon in the US, and the slow pace of TV replacement cycles means it could be a while.
Google I/O Day One: Wear OS, quantum computing, and 3D video conferencing were highlighted on the first day of Google’s annual developer conference.
Advertisers have a lot of information to bring together to understand how to gain more market share for their business. Mike Menkes, senior vice president at measurement firm Analytic Partners, joins eMarketer principal analyst at Insider Intelligence Nicole Perrin to discuss what might happen if competitors increase spending while you hold your budget steady, how creative can boost video ad effectiveness, and how ads for one product often have a "halo" that extends to other products, as well.
Bartering for content and ad tech: Verizon Media and Condé Nast worked out an agreement to trade content for ad tech in a mutually beneficial partnership.
Shein catapults to No. 1: The fast-fashion seller from China overtook Amazon in terms of US app downloads as its growth continues upward.