Banking trade groups, including The American Bankers Association, have sued the agency, claiming it overstepped its authority regarding UDAAP enforcement.
Regions Bank paid $191M in fines and reimbursements for improper overdraft charges on ATM withdrawals and debit card purchases.
A Fed official has suggested updating bank merger rules that account for the proliferation of fintechs and nonbank entities in the banking system.
The UK’s cost-of-living crisis is getting worse: A weakened pound, ongoing labor strikes, and worsening inflation are causing consumers to pull back their spending and confidence to plummet.
The Payment Systems Regulator’s proposal could restore trust in P2P payments and mobile wallets—and could serve as a model for US regulators.
Google courts younger cohort with search updates: New features put bigger emphasis on visual elements to address user preferences.
Creators and influencers are looking for ways to diversify platforms in order to increase audience outreach, foster community, and assure they’re not at the whims of any single social media algorithm.
Google’s latest search features streamline the shopping experience.
On today's episode, we discuss how the digital ad duopoly is evolving, the most interesting dark horse digital ad giant, and whether Netflix, not TikTok, is a bigger threat to Facebook and Instagram. "In Other News," we talk about ad industry practices coming under fire as privacy lawsuits surge and who the winners and losers will be when the third-party cookie says goodbye. Tune in to the discussion with our analyst Paul Verna.
Rising prices aren’t cooling consumer demand: Even with consumer confidence ticking up and wages increasing, there could be storm clouds ahead.
Chinese automaker BYD was the top passenger electric vehicle (EV) brand in Q2, accounting for 16.3% of the units shipped worldwide. US-based Tesla ranked second, with an 11.7% share.
Private 5G’s big debut: NTT’s multi-party, multi-phase private 5G project for Las Vegas will boost connectivity in schools, power security and monitoring systems, and make telehealth more accessible.
Employers tap virtual mental health to support their workers’ kids: We dig into Lyra Health’s new mental health offerings for teens and kids and detail why digital health solutions must step up to support the entire family.
Amazon rolls out bedside sleep tracker: We dive into how the new non-wearable sleep monitoring product works and how it stacks up in the market.
Patients give telehealth rave reviews: We look at new data from JD Power and unpack what’s driving consumer use and satisfaction
Competition coming for the Switch: More powerful devices that can leverage 5G connectivity and vast libraries of popular PC and mobile games will be the foundation for next-generation handheld gaming.
Podcasting’s questionable metrics could hurt its ad business: Major podcasters spent millions on mobile game ads that dramatically inflated listenership.
The new deal with Roku is a positive sign for Nielsen: The deduplication initiative gives the embattled measurement giant momentum heading into its full launch for Nielsen ONE.
Big Tech no longer shoots for the moon: Silicon Valley giants are slashing their most ambitious projects due to market conditions. But the move may spell their future undoing.