On today's episode, we discuss why Snap's growth continues to stall, what to make of their TikTok-esque short form video feed Spotlight, and what to expect from the company in the second half. "In Other News," we check in on Pinterest and discuss the most interesting trends in social media usage by generation. Tune in to the discussion with our analyst Jasmine Enberg.
On today’s podcast, we are talking about digital account-opening trends, who’s opening bank accounts digitally, and what they want or expect when going through that process. Here’s a look at what we’re talking about this week: • In our “Headlines” segment, we discuss how in-flight deposits and Gen Z will drive account openings in 2023 and to what extent new account openings are the result of high deposit rates and an incentive-laden environment. • In “Story by Numbers,” we examine how being able to set up direct deposit when consumers open checking accounts is extremely important and the importance of deposits being protected. • In “For Argument’s Sake,” we suppose there’s a new US banking regulation requiring all banking products to be applied for and opened online. We debate (nicely) how the industry dynamics would change if everything in banking were digitized and moved online. Tune in to the conversation with host Rob Rubin, managing principal of financial services consulting at EPAM Systems Alex Jimenez, and our analyst Tiffani Montez.
US advertising and PR sector witnessed job growth in July: Amid the broader economic slowdown, how long can the rally last?
Programmatic buying comes to movie theater ads: A strategic shift to reach captive audiences and drive digital advertising budgets.
US retail ecommerce sales will reach $1.720 trillion by 2027, hitting a milestone of more than 20% of overall retail sales, according to our forecast.
Amazon once again gets a head start on the holidays: It will hold another Prime Day event in October, like last year, to give both its retail and advertising businesses a Q4 boost.
The country is mandating 90 kW chargers and aiming for 150 kW in high-traffic zones. State subsidies for highway chargers show why success of EV adoption requires government involvement.
YouTube has expanded its affiliate shopping capabilities and eligibility for the YouTube Partner Program in order to maintain the strength of its creator relationships. But livestream commerce may factor more into YouTube’s future.
AB InBev’s craft-like beer and beverage footprint is shrinking: The company is selling eight brands to Canadian cannabis company Tilray as it looks to boost its bottom line.
Remote monitoring for heart failure patients: Geisinger and Bodyport are expanding a program to non-invasively measure fluid levels and other biometrics on a daily basis. It’s an advance on conventional weight scales.
Patients are digital health believers: Healthcare providers are actively responding to consumer demands for better technology. They’ll need to keep it going, or risk losing patients to competitors.
Max launches sports tier: Warner Bros. Discovery seeks to tap sports loyalty, attract younger audiences.
Linear down, Paramount+ and Pluto TV up: The bigger news for Paramount is that Simon & Schuster has, at long last, been offloaded.
Burger King gains market share as its turnaround gathers steam: But it will have to stay attuned to changes in customer behavior, including a shift toward takeout and digital ordering.
Under Armour performed better than expected in Q1: The company turned a profit, beat sales expectations, and cleared out some of its excess inventory.
Instagram’s Threads updates after dwindling usage, X delays payouts amid other debts, and TikTok modifies its EU algorithm due to the Digital Services Act.
Regulators respond to the rise of the finfluencer: As advice and plugs for financial products proliferate on social media, the UK's Financial Conduct Authority is refreshing its guidance on financial promotions.
What’s driving bank switching: A survey found that dissatisfaction with digital experiences and being treated like a number, not a person, is the surest way to send customers to a competitor. And those chatbots aren’t helping.
How smaller banks are handling targeted outreach to women: Despite women’s rising financial power, their financial literacy continues to lag behind men’s. Here are a few banks that are trying to change that.
But as the company relies on Cash App’s success, any future faltering could spell trouble