Reported plans to launch Apple Pay and its credit card in the country could support growth plans—if it beats out stiff competition.
On today’s episode, we discuss the environmental impact of blockchain technology and cryptocurrency mining. In our “Headlines” segment, we discuss the deal Bitdeer, a Bitcoin-mining company in Texas, had with the state when the power grid became distressed during the winter of 2021 and how crypto must overcome its reliance on old technologies that pollute the environment. In “Story by Numbers,” we discuss a 2022 report conducted by climate and economic researchers that estimates Bitcoin mining may be responsible for 65.4 megatons of carbon dioxide per year, comparable to the entire country of Greece. And in “What If,” we examine what would happen to crypto if governments around the world required carbon tax credits in order to operate and restrictions were put in place for the amount of energy crypto and blockchains consume. Join the conversation with host Rob Rubin and our analysts Jenna McNamee and David Morris.
A tie-in with PayEm will help businesses more easily manage their spending, which should appeal to firms trying to cut costs.
Regulators will consider feedback, and big banks have a lot. Community banks get relief from the updates.
Embedded life insurance opens new distribution channels to get basic offerings in front of consumers—and at contextually relevant moments when they’re more likely to buy. To maximize this opportunity, insurers must move fast and partner with brands that are trusted, well recognized, and digitally mature.
If marketed properly, the tech can help it stand out from rivals and build customer trust before mass industry adoption.
All banks feel the hit to their bottom lines, but smaller banks hurt the most. Here’s how they’re redesigning their approach to overdrafts.
By many metrics, the crypto industry is doing just fine. That’s partly because it doesn’t want to work with banks to begin with.
Small banks and credit unions should focus on digital interactions, ease of use, and consumer safety to boost deposits in H2 2023.
The fintech is focused on expanding in foreign markets like India and improving products at home with higher-rate savings accounts.
What banks can do to stay true to their commitments to reach net-zero emissions by 2050.
The neobank launched the Ultra card, which offers travel, lifestyle, and investment perks. But stiff competition will pose a challenge.
Banks can super-charge the customer experience through open communication via social media channels.
It wants to lean on AI to attract users, while new environmental-focused features should strengthen its brand with younger shoppers.
It’s opening a community center on the US-Mexico border and creating financial handbooks for migrants.
It partnered with Spotify Premium and can use other tie-ins and products to sustain rapid growth.
Banks are focused on B2B opportunities and generative AI to drive revenue as they usher crypto out the door.
Flush with palimony from its breakup with TD Bank, First Horizon is flaunting its new, independent status.
The Chase Freedom Rise card offers rewards and features tailored to new-to-credit customers to widen its appeal.
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