What to read today: US Mobile Wallets in 2020 and Beyond Report: An overall uptick in US consumer time spent on smartphones is trickling down to payments and commerce and driving volume in three core categories: mobile commerce (m-commerce), mobile peer-to-peer (P2P) payments, and mobile proximity payments. In this report, Business Insider Intelligence sizes the mobile payments market and identifies what's driving growth across these categories..
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February 29, 2020
Business Insider Intelligence
Dexcom and Abbott each partner with Insulet for automated insulin delivery
Dexcom and Abbott tied up with Insulet in separate partnerships to integrate its insulin delivery system with their continuous glucose monitors.

Medtech companies have been working to create an automated insulin delivery system that requires minimal action from patients — and this integration put both firms one step closer to this goal.

The recent Insulet tie-ups are concrete next steps for both Dexcom and Abbott in developing a viable "artificial pancreas," and if either can launch their integrated system to a wide audience, they'd quickly become an attractive partner for insurers.

Business Insider Intelligence's Dane Finley has the full story.
BRIEFING HIGHLIGHTS
Corning, Qualcomm's indoor 5G could revolutionize enterprise communications
Corning and Qualcomm revealed that they are developing a system for network operators and enterprises to offer in-building 5G coverage.
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Intuit scooped up Credit Karma for $7B to diversify its product suite
Intuit has agreed to purchase the credit scoring fintech for $7 billion in cash and stock, which marks Intuit's biggest acquisition to date.
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PepsiCo acquires online-focused snack company based in China
PepsiCo has agreed to acquire Be & Cheery, a China-based snack company that predominantly sells online, for $705 million.
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Amazon debuts its Amazon Go Grocery store in Seattle
Amazon opened a grocery store that uses Go technology, bringing autonomous checkout to a new format and a much larger location that ever before.
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Morgan Stanley's E-Trade purchase will help it reach new demographics
Morgan Stanley is buying E-Trade for $13 billion in an all-stock takeover – likely helping it reach new demographics and stave off competition.
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E-commerce sales surpassed 10% of total retail sales in 2019
The US retail industry was estimated to have recorded almost $1.5 trillion in sales in Q4 2019, with e-commerce contributing over $187 billion.
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Realme is set to disrupt the global 5G smartphone market
Smartphone upstart Realme announced its first 5G flagship for the global market — marking it as a company other players should keep on their radars.
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National Australia Bank expands its gambling block feature
National Australia Bank has expanded the rollout of a feature that allows users to block gambling transactions on NAB credit and debit cards.
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A Nokia sale could benefit competitors, big tech companies, and the US government
Nokia is reportedly working with advisers to explore new directions for the company – including the possibility of a sale or merger.
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Lloyds, Virgin Money are cutting headcounts to reduce costs
Lloyds intends to eliminate 780 jobs and Virgin said it would cut 500 jobs and close 52 branches in an effort to reduce costs.
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RESEARCH IN FOCUS
US Mobile Wallets in 2020 and Beyond Report
An overall uptick in US consumer time spent on smartphones is trickling down to payments and commerce and driving volume in three core categories: mobile commerce (m-commerce), mobile peer-to-peer (P2P) payments, and mobile proximity payments. In this report, Business Insider Intelligence sizes the mobile payments market and identifies what's driving growth across these categories.
Get the full report →
The Chatbots in Insurance Playbook
Incumbent insurers are using chatbots to transform from passively engaging customers to putting customer engagement at the forefront of their business models. In this report, Business Insider Intelligence's proprietary transformation maturity scale allows firms to measure the maturity of their chatbot deployments.
Get the full report →
AI In Medical Diagnosis
This report examines the value of AI applications in three high-value areas of medical diagnosis — imaging, clinical decision support, and personalized medicine — to illustrate how the tech can drastically improve patient outcomes, lower costs, and increase productivity. We look at US health systems that have effectively applied AI in these use cases to illustrate where and how providers should implement AI.
Get the full report →
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