Western Union’s consumer-to-consumer (C2C) volume declined 13% year over year (YoY) in Q2. Western Union has plans underway to help it return to positive growth in the latter half of the year and contend with the myriad of digital upstart competitors. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn…
Monthly Archives: August 2022
Jared Kushner and Ivanka Trump walk on the South Lawn of the White House on Nov. 29, 2020. Patrick Semansky/AP In the final days of the Trump presidency, Jared Kushner told Ivanka Trump he was “ready” to get back to their old lives. “In thirty days, we’ll have a lot less responsibility and we will…
Bank customers are opting out of generic communications, forcing CMOs to play a critical role in re-engagement. FIs should understand that experiential marketing along the entire customer journey is what will drive long-term customer value. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry. Learn more about becoming a client. The…
Block founder and CEO Jack Dorsey. Marco Bello/Getty Images Block shares fell Friday after the company said it took a $36 million impairment charge related to its bitcoin investment. Bitcoin fell nearly 60% in Q2, struggling during the so-called crypto winter for digital assets. Bitcoin revenue generated at Cash App fell by 34% from a…
Sen. Joe Manchin, D-W. Va. Bill Clark/CQ-Roll Call, Inc via Getty Images Paul Constant is a writer at Civic Ventures and the cohost of the “Pitchfork Economics” podcast. Interest rates are rising as the Federal Reserve attempts to combat inflation by slowing down the economy. In response, Democrats are pushing the Inflation Reduction Act, which…
In this June 26, 2018, file photo, the U.S. aircraft carrier USS Ronald Reagan anchors off Manila Bay for a goodwill visit in Manila, Philippines. AP Photo/Bullit Marquez, File The Pentagon has ordered a US aircraft carrier and its strike group to remain near Taiwan amid current tensions. Tensions in the region have soared after…
Getty Images A pension fund in Virginia gained approval to invest in crypto lending to grow portfolio returns, according to the Financial Times. The Fairfax County fund is will allocate capital for crypto yield farming despite the collapse of prices in the sector this year. Yield farming involves staking cryptos for a fixed period in…
Coinbase went public in New York in April 2021. Richard Drew/Associated Press Coinbase short-sellers lost more than $230 million on Thursday as the company’s stock price soared. The crypto exchange announced a tie-up with BlackRock, the world’s biggest asset manager. Short-sellers have raked in more than $700 million betting against COIN this year, but got…
Sony’s LinkBuds S are now particularly tempting if you’re looking for true wireless earbuds with a dash of intelligence. Amazon is selling the LinkBuds S at a new low price of $148, well below the usual $200. That’s even better than the Prime Day discount, and could make them an easy choice if you want…
The theory and practice of marginal gains is to find and fix hundreds of small things that, in aggregate, add up to something vast. Asics believes that there are gains to be made in what runners wear when they’re at home as much as what they’re wearing on the track. That’s the pitch for the…