Interoperability between the markets pits geopolitical tension against India’s payments expansion bid

Cross River Bank’s alleged fair lending violations stem from its fintech partnerships.

The mega-retailers want to offer the instant payments rail as an alternative to fee-laden cards

The partnerships let SMBs accept payments for their virtual services directly from the video platform

BeReal’s latest feature zeroes in on celebs: RealPeople feed of intriguing people aims to boost engagement with app.

Nordstrom is shuttering its downtown San Francisco stores: Crime concerns have driven Whole Foods, Nike, and REI to close urban locations, while others attempt to address those issues without annoying customers.

Concerns surrounding privacy are high, which could weigh on marketers’ efforts to target consumers. US adults under 30 are slightly less concerned (66%) than older consumers about the use of personal information for targeted digital ads, according to the Out of Home Advertising Association of America and Morning Consult.

On today's episode, we discuss how Spotify beat expectations, why a price hike is inbound, and the audio streaming company's relationship with artificial intelligence (AI). "In Other News," we talk about AI-powered ads for Google and whether Peacock can survive the streaming wars. Tune in to the discussion with our analyst Daniel Konstantinovic.

TikTok is launching ad product Pulse Premiere, an extension of Pulse that allows publishers like Condé Nast, Buzzfeed, and NBC to make money off of ads featured by all of their own content, according to the Wall Street Journal. The new product is part of TikTok’s efforts to make the platform more appealing to publishers, even as risks of a US ban loom.

Yum Brands’ same-store sales jumped 8% in Q1: However, the company’s overreliance on promotions such as Taco Bell’s $2 burritos and KFC’s $5 mac & cheese hurt its bottom line.

Aldi will soon have more US stores than Albertsons: The grocer plans to open 120 locations this year as more consumers trade down to discount retailers.

IBM is all in on AI and even predicts it can replace thousands of jobs with technology in the next five years. Premature announcements could keep tech talent away.

Shoppable media is gaining momentum as brands look for ways to narrow the gap between discovery and purchase. Just this month, Pinterest, NBCUniversal, Meta, and Yahoo announced shoppable media updates. From AI to QR codes, we dive deeper into these developments and why they may give companies an edge.

Toys R Us’ revitalization continues with Mexico launch: The toy company is partnering with retailer El Puerto de México to open standalone stores and operate an ecommerce venture to capitalize on local toy demand.

T-Mobile’s weakness in protecting critical customer data is exposed—its investments and expansion could be overshadowed by a questionable security record.

Companies will have to pony up for a custom ChatGPT: OpenAI changes its privacy options to alter how it handles data, which could mean higher customer prices.

Neato exits robotic vacuum market: The brand’s underperformance speaks to an oversaturated market, but vacuum cleaners are just the beginning of household robotics that’ll get juiced by AI.

Mastodon simplifies its sign-up process to attract more users: Elon Musk at Twitter create opportunities for alternative platforms.