Though it generally makes managing finances easier, some customers need to maintain full control over their accounts.

In the US and abroad, more banks are scaling back on sustainability—much to the detriment of their future.

Instead of crumbling under a US student loan repayment pause, SoFi shifted its gears to banking. Now it’s about to become profitable.

Google Pay QR support in Brazil could spur growth globally: This could expand the wallet’s ambit for both consumers and merchants—and send a warning signal if it expands in developed markets, too.

Biometric tech adoption picks up momentum: A pending new patent on palm recognition will help AntGroup’s Alipay stay apace with rival WeChat Pay and advance global acceptance of the tech.

Diversity gives strength to FedNow’s initial roster: In advance of the much-anticipated instant payment service’s launch later this month, the Fed shared a list of certified early adopters.

Fighting ad blockers to preserve revenues: YouTube’s global trial restricting video playback for ad-blocker users also nudges them toward YouTube Premium.

Brands need to prepare for third-party cookie deprecation now. “We’re going backward to less personalized ads and less relevancy, and consumers are frustrated with that,” said Logan Patterson, senior director of global business advisory services at Slalom. Patterson, along with two other senior digital marketers, weighed in on pressing questions about an impending future without third-party cookies at our recent Tech-Talk Webinar, “Designing the Future of Enterprise Customer Data Strategy.”

Meta launches Threads via Instagram: A potential Twitter rival is born, but will it take flight?

TikTok aggressively courts sellers: The company aims to grow its social commerce sales by offering merchants free listings and shipping, along with zero commissions.

The FTC gets serious about cracking down on fake reviews: A new rule would punish companies that attempt to deceive customers using fake or misleading reviews.

New vehicle sales grew between 12% and 14% in the first half of 2023: By exceeding analysts’ expectations, the auto sector is providing more evidence that the US economy remains fairly strong.

The B2B buyer is younger, digital-first, and dominates the share of voice online. They’re demanding, but they’re also more engaged in the buying process. And they look to social content for education, inspiration, and solutions. As the number of young decision-makers only increases, social media’s importance in B2B marketing strategies is growing too.

Cosmetics and beauty make up a nearly $100 billion industry in the US, and next year more than one-fifth of those sales will come from ecommerce, according to our forecasts. In order to win over beauty shoppers, and Gen Z ones in particular, brands need to pay close attention to where their digital ad dollars go. Here are five charts to help you out.

JD.com, Alibaba bet on grocery as China’s economic recovery stalls: Both companies hope demand for necessities will offset slowing ecommerce sales.

Gen Z consumers of beauty and skincare products are most attracted to brands for their pricing (48%), samples (46%), and sustainability (44%), according to Bolt. Pricing is a bigger influence for older consumers, cited by 61% of those ages 18 and older.

Computer and consumer electronics purchased during the pandemic are due for an upgrade, which is good news for Amazon and retail as a whole. But besides that possible bright spot, this year’s Prime Day event will likely be “unremarkable” as other retailers steal Amazon’s spotlight.

Digital health startups to watch: We spotlight senior-focused care provider Author Health and healthcare RCM company Outbound AI on the back of fresh funding.

Medical misinformation isn’t freedom of speech: As more consumers turn to online sources to diagnose their health conditions, a federal judge’s order could help spread harmful medical content.

Heineken, Renault, and Siemens decry AI Act reach: Europe’s private sector isn’t happy about the AI Act’s direction, warning about the continent’s diminished competitiveness with the US.