CFPB probes major BNPL providers to tackle consumer risks
Affirm, Afterpay, Klarna, PayPal, and Zip have until March 1, 2022, to respond to the consumer watchdog’s inquiry.
Source: emarketer.com
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Credit card applications reach pandemic high—but there's a catch - Insider Intelligence Trends, Forecasts & Statistics
Despite higher interest in credit cards, customers are paying off their balances faster, which could complicate issuers’ profitability goals.
Source: emarketer.com
Google, Facebook, and Amazon to account for 64% of US digital ad spending this year
US digital ad spending will soar past $200 billion this year, marking 38.3% growth from 2020. The triopoly of Google, Facebook, and Amazon will make up 64.0% of all US digital ad spending this year, about the same share they possessed in 2020.
Source: emarketer.com
Podcast listening is most popular in English and Spanish speaking countries
For the first time, the eMarketer forecasting team at Insider Intelligence has produced a comprehensive set of international forecasts for podcast listeners.
Source: emarketer.com
Nubank's first H1 profit in Brazil vindicates its growth strategy - Insider Intelligence Trends, Forecasts & Statistics
Nubank’s first H1 profit in Brazil vindicates its growth strategy: The neobanking giant reached first-half profitability at home—and its payment volume and loan book surged. Overseas expansion and a new paid account could continue this momentum.
Source: emarketer.com