AI has saturated our content streams this year. Whether it’s the latest generated image trend, a scandalous AI “hallucination” in a news feed, or an entertaining (albeit chilling) chatbot conversation – it’s likely you’ll have had some interaction with the technology on your news feed. For financial services, it has sparked an era of promise. Applications have leveraged AI to enhance their […]
SoFi reported Q3 earnings earlier today and it was mostly good news. The company had net revenue of $537 million for the quarter, up 27% from the prior year period. Adjusted EBITDA was $98 million, up 121% from the prior year period. Both of these numbers were records for the company. SoFi has been one […]
Hydrafacial, a patented skin treatment performed by estheticians in medical offices, spas, hospitality venues and beyond, began as a B2B business that marketed solely to providers of the device-based procedure. But over the last 18 months, the brand has carved out a new marketing approach that combines B2C tactics to drive interest at the consumer […]
Chief Marketer kicked off its inaugural Brands on Fire Linkedin Live earlier this week, featuring a conversation with SheaMoisture CMO Taydra Mitchell Jackson about its recent “Black Men Love” video series and campaign, purpose-driven marketing tactics, the success of its men’s product business, and much more. The monthly editorial series highlights the brands and the […]
ICYMI: here’s a replay of our chat with SheaMoisture CMO Taydra Mitchell Jackson on LinkedIn earlier this week, which touched on the inspiration for the brand’s “Black Men Love” digital campaign, the success of its men’s product business and engagement through consumer experiences. Plus, check out her best advice for aspiring CMOs.
The regulators dominated the news again this week with the Fed announcing proposed new (reduced) fees for debit card transactions. And then we had the Fed, OCC and FDIC finally issuing new rules for the Community Reinvestment Act. Both of these announcement could have a dramatic impact on both banks and fintechs. Here are the […]
Conference report on AiConnect travel loyalty event The Co-Brand & Travel Rewards 2023 conference was held in Wilmington, Delaware October 18th and 19th, 2023. The event is organized and hosted by AiConnect, and they gave a tip of the hat to Wilmington as being the “Co-Brand Capital of the USA”. Indeed, the downtown area seems […]
Banking-as-a-service provider Galileo Financial Technologies recently announced an expansion into new regional markets, driven by an alliance with Mastercard that will allow it to offer new digital banking services in five South American economies. The company, which operates extensively in the Mexican market, expanded into Colombia last year as part of a broader strategy in […]
Many fintechs start with a mission that addresses a problem. Whether that be financial exclusion or just plain fixing of the financial system’s inequities, fintech was born from innovation and challenging the status quo. The fintech dream has got the sector far. Despite the recent drop in VC funding, global fintech funding has grown at […]
Banking-as-a-service fintech Synapse is having a rough year, to say the least. Earlier this month the company laid off 40% of its workforce, or 86 employees. This was on top of the 18% that the company laid off in June. There is the now very public dispute they have been having with Evolve Bank & Trust, highlighted by Fintech Business […]