Amid the Euro Cup soccer competition, API fintech Yapily published its own league table ranking European countries’ open banking adoption—here’s what Europe’s fractured implementation means for the shift to open finance.
The bank is methodically introducing features that have been challengers’ calling card for years—and other incumbents could also find themselves in PNC’s crosshairs.
Digit plunges into neobanking: The fintech will offer a checking account paired with a deposit-sorting feature for saving, budgeting, and investing—but its price may put it at a disadvantage to other neobanks.
BofA tops $1B in annual cybersecurity spending: At more than double its spending from a decade ago, the bank’s massive investments reflect the importance of bolstering digital security to cement customers’ trust.
Recent reports say Apple has paused its virtual and in-person primary care ambitions—we unpack why its Watch and iPhone footprint could help it flourish when it decides to press play.
BuzzFeed will pay up to $10K to creators: The program will award prizes for top-performing content. Though it will only last through the summer, it's likely a pilot program or a precursor to a more social BuzzFeed Community hub.
US officials are using financial incentives to encourage countries to build 5G networks without Chinese-made tech—a shift away from the threat tactics used in past.
As the semiconductor shortage drags on, industry experts warn that smaller firms may feel pressured to purchase counterfeit chips, which could result in faulty equipment and recalls.
Worldwide ad spend soars: Total media ad spending will grow faster than anticipated this year, spurred by strong growth in digital and the rapid economic recoveries seen in countries with vaccine access.