The news: Wells Fargo will launch tokenized deposits for corporate and commercial clients this fall, letting them transfer, program, and settle funds around the clock, per The Wall Street Journal. The product will initially support cross-border payments u... See more
The news: Branches will play an "ever stronger role" in customer acquisition over the next five to 10 years, Adrenaline Chief Experience Officer Juliet D'Ambrosio told EMARKETER in an interview. Her comments follow a new Curinos and Adrenaline report show... See more
The news: A growing segment of Gen Z is aggressively saving for retirement and financial independence rather than embracing risky investing, per Bloomberg. In fact, young adults are opening retirement accounts earlier than previous generations, maximizing... See more
The news: HSBC will close all 19 of its Australian branches over the next 18 months after reaching a deal to sell its local mortgage and personal loan portfolio to Blackstone, per The Guardian. The bank, which secured a commercial banking license in Austr... See more
The news: Small business insurers are beginning to respond to a shift in customer behavior as entrepreneurs increasingly use AI assistants to research business decisions—including insurance. One early example is Simply Business, which launched an app with... See more