Revolut’s increasing breadth edges it closer to US super-app status: The UK-based neobank’s latest addition is no-commission access to stocks and exchange traded funds (ETFs) for stateside customers.
Google hired former PayPal exec Arnold Goldberg to lead its payments division following last year’s struggles with employee turnover within payments.
H&R Block spruces up its product suite with neobank foray: The tax-prep company’s product includes a feature that allocates tax refunds to savings goals. Its convenience could help with uptake—even though its other features are available elsewhere.
DeFi industry must do more self-policing until regulation arrives: Theft from DeFi platforms increased 1,330% in 2021—and the SEC is looking at pseudonymity and opacity as major problems to solve.
The tie-up with a fintech specializing in identity verification and compliance solutions helps the open-banking provider stay ahead of regulatory action that will reduce its product differentiation.
New forecast looks at use of social media platforms for influencer marketing: Instagram will continue to gain ground, while Twitter and Snapchat play catch-up.
Marketers saw the potential of location data early and remain major users of it. But applications are expanding beyond marketing.
Snapchat’s user base in the region grew almost 70% in 2021, to 107 million, compared with just 3.4% in North America.
The majority of US social buyers still order from retailer websites, rather than directly on social platforms. In December, 61.5% said they made their most recent social commerce purchase on the retailer’s site, while 38.5% reported doing so through the social network’s checkout feature.
Insider Intelligence spoke with Lindsay McCormick, founder and CEO of Bite, a direct-to-consumer (D2C) brand founded to help consumers decrease plastic use in their personal care routines, starting with a plastic-free toothpaste before expanding into other products like deodorant.
Lyra Health is eyeing the global telemental health benefits stage: On the back of its$235M haul and ICAS World acquisition, we look into why the mental health benefits market is booming, and how that’ll heat up competition for Lyra.
Sony, Microsoft find middle ground on Activision Blizzard acquisition: Microsoft said it will keep the crucial Call of Duty series available on PlayStation.
Spotify’s grip on audio streaming is under threat: The company’s podcast acquisitions have failed to attract younger listeners.
Europe’s aging population could kickstart automation transformation by 2040: Robots can do the job but they aren’t going to pay taxes.