Current’s high-yield product will attract customers—but then what?: The US neobank will pay 4.00% APY to customers with Savings Pods, up to $6,000 annually for paid users. But it still needs to build primary banking ties to make lasting gains.
Visa Acceptance Cloud, which lets payment service providers embed transaction software into digital devices, opens new acceptance channels for Visa.
FNB’s also doing personalization—but it’s for healthcare professionals: The US regional bank said it’s specifically targeting doctors, dentists, and veterinarians with a focused lineup reflecting their career stages.
Telematics is becoming the norm in US auto insurance as drivers increasingly agree to being monitored in exchange for lower premiums.
M&T is turning select locations into “multicultural banking centers” while TD’s new flagship can be physically customized based on services required.
Has Tesla’s Cybertruck missed its chance? Announced in 2019, the EV is now slated for a 2023 launch in what could be a very crowded EV truck space.
Instacart’s delivery ambitions extend beyond grocery: Ahead of a potential IPO, the grocery delivery giant expands its product offerings to include prepared food delivery.
Telehealth adoption has shot up over the past two years, with primary care as the most common use case in the US. Some 54% of US telehealth users had accessed this type of care virtually as of October.
Snap poaches Twitter, Instagram execs for ad and ecommerce roles: The platform lags behind competitors in ad revenues and social commerce partnerships, things its new hires could help improve.
Second Life founder returns to fight in the metaverse wars: The reemergence of the original virtual hangout space could be a threat—but it’s more likely a promise of the possibilities of the metaverse.
Apple is deleting copycats of a popular word game that isn’t even on the App Store: Copycat apps have long plagued Apple’s storefront, which has faced heavy scrutiny in recent years.
Mobile app gaming has managed to hold on to its pandemic-driven success and then some, reversing our previous predictions that time spent gaming with mobile apps would decline in the US after 2020.
Google buys UK offices for $1B: As the rest of the world works remotely, Big Tech continues buying up real estate in preparation for growth and expansion.
White House calls major tech firms to a summit: Last month’s widespread log4j vulnerability drew the attention of national security officials who are now looking to plug holes in major software systems.