In a by-now familiar story, these banks must promptly address deficiencies identified in their BaaS partnerships.

Leading financial institutions have discovered new ways to harness the power of AI to supercharge their operations and customer service.

JPMorgan and Capital One dominated the top spots across all categories, demonstrating their investment in expert staff.

Generative AI and embedded finance popped up across a host of conversations—we give our take on how firms should approach these innovations.

Meta rehires laid-off workers: Big Tech competition and economic improvement mean the company needs the employees it cut, calling into question the “year of efficiency” strategy.

Along with digital upgrades, banks must improve the customer experience with relevant products and services.

This year, furniture and home furnishings will make up a $179.75 billion ecommerce market in the US, according to our forecast, and growth is accelerating. With challenges coming from big names like Amazon and Walmart and resale platforms like Facebook Marketplace and Craigslist, Ikea has no choice but to innovate to keep up.

There are pros and cons for this large competitive field, and no definitive answer on whether it causes financial instability.

The IMF published a blog calling out the risks these unregulated NBFIs pose, and called on regulators to buckle down to contain them.

The chipmaking giant is appealing for its government to shore up production on key manufacturing equipment to better compete with the US and China.

Splitting into six companies makes each business unit more competitive while reducing regulatory oversight, which could help increase profits.

Meta announces a new round of layoffs, saving the company $3 billion: The social giant is discontinuing support for NFTs and killing other projects due to declining revenue projections.

SVB’s fall could set off more uncertainty in the tech sector: The collapse of a longtime cog in the country’s innovation engine will put additional strain on a tech sector already reeling from layoffs and losses.

Generative AI gains momentum across multiple industries: Generative AI, including ChatGPT, has led to a boom as companies and startups alike race to integrate it into their products and businesses find new applications.

Private 5G partnership could boost enterprise adoption: The rise in ransomware and security exploits in enterprise will accelerate private 5G solutions. Provider consolidation can go a long way in gaining adoption.

ES: Microsoft’s Bing AI has a huge price tag: The tech giant’s cavalier commercialization of generative AI has uncertain profitability. High compute costs are passed on to developers as other challenges mount.

Adversarial relationship with China is bad for tech: Retaliation by Beijing shouldn’t surprise us as Biden eyes more tech sanctions and a US general starts preparing for war.