Financial Services

DOJ vs. Apple: The US justice department is considering a challenge to Apple’s market dominance. Developer restrictions, payments ecosystems, and anticompetitive business practices could be key areas of conflict.

Consumers’ sentiment is shifting. They now put more trust in institutions other than their primary bank or credit union for financial and banking services.

A new report shows that a majority of consumers are jumping into crypto. Many are living paycheck to paycheck and are relying on crypto to make payments.

A robo-advisor and a hybrid advice offer resemble most other banks’ products, making them a retention tool rather than a bid for new business.

New use cases like adding credit card advances could counter the CBDC’s growth and help titans maintain their market dominance.