Business

Gen Z-focused fintechs live and die by social media. Here's how they're trying to out-influence each other, and traditional banks, to nab 82 million customers for life

13 days ago   |   By Business Insider

Summary List Placement Taylor Krebs remembers her friends' reactions when she started using Step, a banking app that caters to Generation Z.
Krebs, a ninth-grader, had early access to Step because the company's CEO, CJ MacDonald, is a close family friend.
The startup offers a secured credit card and the ability to send and receive money through its app. For Krebs, it means her parents can fund her account in minutes so she doesn't have to ask for cash every time she goes out.
It didn't take long for Step to catch her friends' eyes, as she could use Apple Pay by connecting her Step...
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GOP Sen. Marsha Blackburn says being called a 'Neanderthal' is actually a...

GOP Sen. Marsha Blackburn says being called a 'Neanderthal' is actually a good thing after Biden criticized states for lifting mask mandates

Summary List Placement Republican Sen. Marsha Blackburn of Tennessee defended Neanderthals after President Joe Biden criticized Texas and Mississippi for lifting their mask... Read more ...

Inside the glitzy, fractured world of Palm Beach, where Trump's Mar-a-Lago...

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Summary List Placement When President Donald Trump was evicted from the White House by American voters, he retreated to Mar-a-Lago, the gilded Palm Beach, Florida, club billed... Read more ...

Disney plans to close at least 60 stores across North America in 2021

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Summary List Placement Disney plans to close 60 stores across North America by the end of 2021 to focus on e-commerce, the company announced Wednesday. The closures will affect... Read more ...

Porsche just debuted a taller, more rugged Taycan EV with matching e-bikes...

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Summary List Placement The Taycan , Porsche's first EV, has been a hit so far. Riding on that popularity, Porsche introduced its much-anticipated wagon variant on... Read more ...

Coinbase's direct listing is 'an Amazon moment for crypto,' and will bring...

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We talked to 67 Black women CEOs and executives about their time in...

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Summary List Placement Corporate America is a notoriously hostile environment for Black women, but a growing cohort of leaders is paving the way for increased representation... Read more ...

US jobless claims tick up to 745,000 as layoffs remain high

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WASHINGTON - The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in... Read more ...

10 things you need to know before the opening bell

10 things you need to know before the opening bell

Summary List Placement Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Sign up for Insider Investing for your weekly... Read more ...

Amazon opened its first physical store outside the US. The London, UK, store...

Amazon opened its first physical store outside the US. The London, UK, store uses weight sensors to detect what customers pick up, and bills their card automatically

Summary List Placement Amazon opened an "Amazon Fresh" grocery store in London, UK, on Thursday - its first-ever physical store outside the US. The cashierless store is located... Read more ...

The House passed a police reform bill named for George Floyd that would ban...

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Summary List Placement The US House of Representatives passed the George Floyd Justice in Policing Act late Wednesday, in a party-line vote on the most ambitious policing... Read more ...