Insider Intelligence analysts Adriana Nunez and Tyler Van Dyke recap a session at this year's "Money 20/20" event.
Cigna leans on its MDLive acquisition to roll out virtual-first health plans—we unpack what led to this and how it’s part of a bigger trend of virtual-first health plans hitting the mainstream.
As technology continues to accelerate and transform the financial sector, Visa saw an opportunity to reintroduce itself to the world with a campaign highlighting its role in facilitating global commerce. Watch Industry Voices: Spotlight on Financial Services with Visa executive Frederique Covington Corbett, PhD, to hear her thoughts on cryptocurrencies, "buy now, pay later," economic inclusion, and more.
Money20/20 USA returns to an in-person event—and we’ll be there: Sign up now for Insider Intelligence’s pop-up edition of the Payments & Commerce Briefing to get our daily summaries and takeaways from the main sessions at fintech’s biggest must-attend event.
Its deal for Fair Square Financial marks the digital-only bank’s second attempt at buying a credit-card company in less than two years.
Revolut’s first CEO for Mexico faces a crowded field: In a key step toward expansion, the UK neobank chose Juan Miguel Guerra for the role. Mexico’s series of consumer-focused neobanking players will make his job a tough one.
Investment managers will increasingly seek fintech partnerships and solutions, like Moody’s latest tool, to meet new requirements for ESG investing.
Fees paid by customers getting dinged for overdrawing their account reached an all-time high in 2021. But Congress and regulators may push banks to pivot away from the practice.
Citizens, planning a play for the mass-affluent, hangs a ‘wanted to buy’ sign: In the latest move by an incumbent bank to target the demographic, the bank’s chairman and CEO expressed interest in doing deals to grow the company’s business line.
Fintechs can boost platform trading activity with tokenization: Republic raised $150M to add digital securities to its investing platform. These divide expensive assets into more liquid blockchain tokens.
Lloyds may replace 48 closed UK branches with traveling bankers: Sending financial services professionals to visit communities is yet another idea UK banks have raised to provide services to customers who still want in-person banking.
OCC pick favors sweeping changes like Fed takeover of accounts: Saule Omarova’s radical proposal has splintered Senate Democratic backing for Biden’s nominee—just as the very nature of banking is also being questioned by market forces.
More than a third of US investors believe people will stop using cash sometime in the next five years, with 12% of those investors expecting this change to come within a year.