FDIC chair previews even more regulatory proposals: Expect new long-term debt requirements and changes to provisions for banks’ ‘living wills’ to show up soon, Gruenberg said.
Apple sells a lifestyle to affluent millennials and Gen Zers: We look at how its financial services offerings differ from any other traditional financial institution’s.
The company has been beefing up its BNPL capabilities ever since its exclusivity period with Affirm ended earlier this year
It ramped up its probe against Visa over tokenization practices and amid wider investigations into anti-competitive behavior of Visa’s and Mastercard’s debit practices
Its financial results for the first half of 2023 showed a deceleration of growth and led to a stock tumble
Amazon's Sponsored Products ads now reach beyond its platform: High-performing format could grow retail media's share of market.
Instagram tries multiple Reels ads simultaneously: The format would lower CPMs, but consumers may not welcome the experience.
The biggest data privacy battles are fought at a state level: A California data privacy bill is getting steep opposition from the Association of National Advertisers.
Microsoft’s early AI search missteps left it far behind Google: Bing is struggling to make gains against Google despite coming out of the gate early with AI.
Wonder Brands’ $15.5 million fundraising round shows there’s life left in the aggregator model: The company found a more sustainable path to growth by building its own brands and focusing on fast-growing markets in Latin America.
Klarna will generate $33.38 billion in US buy now, pay later (BNPL) payment value by 2027, pulling ahead of Affirm in a period of massive growth for BNPL providers, per our forecast.
The electric air taxi market—forecast to be worth $57B by 2035—sees startups like Joby Aviation advancing despite regulatory hurdles and safety concerns for the new mode of travel.
Lower-income consumers are feeling pinched: Although inflation is cooling, many are shopping discount stores for everything from basic necessities to groceries.
Estée Lauder has significant challenges: The combination of too much merchandise and weak travel retail demand is weighing on Estée Lauder’s results.
Farfetch embarks on major cost cuts as luxury demand continues to soften: The luxury ecommerce platform is laying off around 11% of its workforce and sunsetting its beauty business as it tries to stem losses.
Food-as-medicine programs must offer the right incentives: We explore how these endeavors can better appeal to lower-income consumers.
Cigna rolls out digital dental screening tool: It’s betting on patients using their smartphones to stay on top of their oral health.
Health insurers have to get personal: Less than half of consumers are fully satisfied with their health plan provider, but age and experience have a lot to do with their views.
Tencent plans to unveil its AI model, Hunyuan, intensifying China’s AI race just as Beijing’s new regulations are implemented. Its guardrails could have worldwide implications.
Spotify has reached a record 551 million monthly active users worldwide after adding 36 million new users in Q2—a growth that’s three times greater than the same period last year.