Wells Fargo picks both Google and Microsoft as cloud providers: The banking giant has settled on partnering with multiple companies for cloud services a few months after other large banking players struck their own cloud provider deals.
Intuit and Mailchimp team up to help small and medium-sized businesses: The two combined will provide ecommerce, marketing, customer management, and financial services for those merchants.
In an exclusive Q&A with Insider Intelligence, Dontá Wilson talks about why he sees “digital transformation” as a misnomer—and how “client transformation” is a better term for guiding banks’ digital strategy.
Add Capital One to the growing list of banks wading into BNPL: The bank will pilot the payment option with a group of familiar merchants, following other recent announcements by banking players that also plan to compete in the space.
Lemonade added a preventative pet insurance package for younger pets amid strong premium growth—but we expect the insurtech to prioritize providing one-stop-shop insurance coverage
Among US adults, cryptocurrency owners and non-owners alike are most interested in using the digital assets to enhance the privacy or security of their online purchases.
Global crypto ETF assets tripled to $9 billion year over year—and US market players are set to boost AUM and revenues once given the regulatory green light, switching global volume growth into overdrive.
MoneyLion joins the crypto crowd and gets a shot at loyalty-building: Customers can trade in Bitcoin and Ethereum, and round up debit purchases in Bitcoin. This gives the neobank’s users more reasons to remain within its ecosystem.
The government is pushing for a sharper divide between Alipay and Ant Group’s loan business by making the latter spin off the division—which includes short-term loan product Jiebei and virtual credit card Huabei—into a standalone app.