Spotify could break away from Google and Apple’s payment duopoly: Google’s alternative payments pilot program might only serve higher-profile apps, leaving smaller developers in the lurch.
Solarisbank brings BaaS concept to brokerages: The banking as a service (BaaS) provider’s white-label solution will make it easier to enter the European and US low-cost brokerage market.
Platforms are cracking down on fake reviews: Meta and Amazon have taken legal action against businesses that post misleading or fraudulent customer reviews.
Apple acquired UK-based open banking fintech Credit Kudos—here’s what it can do with the new tech.
50 million data points are great, but only if they’re actionable: That’s according to Ashley Ross, head of CX at Bank of America, who we sat down with for an exclusive interview.
A number of off-price retailers plan to open new stores: With inflation high and consumer confidence on the decline, shoppers are increasingly focused on value.
Instacart plans to launch a 15-minute delivery service for retailers: The offering, which requires Instacart to open its own network of so-called nano-fulfillment centers, is part of a broader pivot.
In the US, higher-income millennials are more likely to own cryptocurrency than their lower-earning peers. Some 61% of those making at least six figures per year own crypto, while just 25% of those earning less than $50,000 hold Bitcoin or the like. Gender plays a role as well—half of millennial men hold these digital currencies, while only one-fifth of women in that age group do so.
A new set of regulations on AI recommendation algorithms went into effect in China on March 1 in an attempt to introduce unprecedented oversight and inject transparency and accountability into an opaque industry. This is the first case of a major economy enforcing such sweeping rules on the machine, and the world is watching.
The gap between rapid grocery and food delivery platforms is collapsing: Gopuff’s arrangement with BurgerFi is a harbinger of more restaurant partnerships to come.
YouTube’s free TV shows will boost its watch time and appease nervous advertisers: Ad-supported TV is an obvious move, but the platform lacks access to today’s biggest hits.