A US neobank is offering a simple onramp to crypto that targets Hispanic users. Could it pave the way for using digital assets in cross-border payments?
Latest COVID-19 surge is only a temporary deterrent for people seeking in-person advice for complex needs: Several US banking players are closing branches due to staff shortages or or downsizing to drive-through service. But these are only short-term disruptions to ongoing channel usage trends.
FDIC will likely be tougher on bank mergers after Trump-era chairman departs: Jelena McWilliams’s decision to leave on February 4, 2022 follows a clash with Democratic board members over publication of a public-input document covering mergers.
Tesla remains king of EVs thanks to exponential growth, despite the chip crisis: Strong sales in China and Europe propelled growth, but safety worries and expensive recalls taint Tesla’s rise.
Rounding up news from the last days of 2021: The news cycle didn’t stop over the holidays. These are some of the most notable stories from the last two weeks.
Shortening of CES points to lower preference for virtual shows: With 150-plus exhibitors choosing digital presentations in wake of the latest COVID-19 wave, CES will close a day early.
Why AI will be at the center of health systems’ focus this year: A new survey reveals how health systems are more bullish than ever on AI. We unpack some of the key challenges with the tech below..
Just 50% of US physicians feel confident in their ability to recognize signs of prescription drug misuse via telehealth appointments.
US box office finishes 2021 strong with “Spider-Man”: At $4.5 billion, 2021’s box office more than doubled that of 2020. While that’s behind 2019 revenues, marketers need not worry: The entertainment industry is still spending more than ever.
AT&T, Verizon pushing through with 5G rollout despite FAA’s request for two-week extension: Carriers propose “exclusion zones” to dampen 5G’s interference of aircraft safety systems in airports.
Brands eagerly jump on the retail media network bandwagon: As access to customer data becomes a priority for brands, retailers see an opportunity to diversify their revenue streams.
Fintechs scramble to get ahead of the trends that will shape 2022: Industry players focused on meeting heightened consumer expectations will help turn 2022 into another record-breaking year for fintechs.
Our take on what BNPL, cryptos, super apps, and global digital expansion will look like in 2022—and what that means for key stakeholders.
Shake-ups in the new year will include hyper-personalization, tech companies venturing further into embedded finance, and the prospect of super apps in Western countries.
2021 was a year of digital milestones for BofA: The US banking giant set records with its H1 patent haul and pleased its customers with new features as its heavy investment in tech whittled away digital-first neobanks’ differentiation.