Abbott gains expanded clearance for Parkinson's treatment

This week's highlights: Advertisers will spend $5 million for a 30-second Super Bowl ad, FCC green-lights commercial use of the coveted CBRS band, American Express may have reached network parity in the US, and much more

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February 1, 2020 Abbott earns expanded FDA clearance for Parkinson's. Abbott received expanded FDA clearance for its Infinity Deep Brain Stimulation system permitting it to target an additional area of the brain associated with Parkinson's Disease. The new indication makes Abbott's system the only directional DBS system approved to target all the major brain regions associated with Parkinson's. And the clearance of Abbott's DBS system opens the door for providers to tailor treatments to PD patients' unique needs. Business Insider Intelligence's Dane Finley has the full story. BRIEFING HIGHLIGHTS Advertisers will spend $5 million for a 30-second Super Bowl ad As we approach the 2020 Super Bowl, eMarketer outlines what we can expect for the future of advertising in The Next Era of Advertising report bundle. Read More → FCC green-lights commercial use of the coveted CBRS band The US Federal Communications Commission cleared the way for full commercial use of the coveted Consumer Broadband Radio Service band. Read More → American Express may have reached network parity in the US Amex claims to have reached parity in merchant acceptance with other top card networks in the US – making its rewards more impactful than in the past. Read More → ZTE and China Telecom build 5G telehealth system for coronavirus Chinese networking equipment maker ZTE and China Telecom facilitated China's first remote diagnosis of the deadly coronavirus using a 5G network. Read More → SoFi is partnering with Mastercard to offer a new credit card SoFi teamed up with Mastercard to bolster its banking product with new benefits including a credit card, cash-back rewards, and cell phone insurance. Read More → Intel reaps the rewards from its data-centric business makeover Intel's Q4 earnings indicate growth in its data-centric units as the company reaps benefits of its shift away from consumer-facing product segments. Read More → Mobile payment acceptance is key to the Chinese tourism opportunity Both Chinese and international payments firms have much to gain from winning over Chinese tourists with international mobile payment acceptance. Read More → Three of the UK's most prominent neobanks seek for fresh funding Starling, Monzo, and Revolut – three of the UK's most prominent neobanks – are all on the hunt for infusions of capital to drive expansion and growth. Read More → Goldman doubles down on Marcus with checking account Goldman Sachs plans to roll out a digital wealth management tool this year and a checking account in 2021, both through Marcus. Read More → Financial institutions have been hit with regulatory fines since 2008 From the financial crisis to the end of 2019, financial institutions racked up fines worth $36 billion globally for noncompliance. Read More → RESEARCH IN FOCUS Big Tech in Healthcare US healthcare players are being forced to move on their digital transformation efforts, and Alphabet, Amazon, Apple, and Microsoft are lending their data prowess and tech-savviness to become attractive partners for the job. This brand new report explores the key strengths and offerings the Big Four tech giants bring to healthcare — and how each is homing their healthcare strategy in on different corners of the market. Get the full report → The SVOD Shakeout Report New branded streaming services – Disney+, HBO Max, and Peacock – are competing with existing players like Netflix, Amazon Prime Video, Hulu. This means subscribers will be harder to attract than ever before. This brand new report details how each new-to-market streaming video service is positioning itself and predicts how services will fare in the SVOD shakeout to come. Get the full report → Digital Identity and the Future of Banking Disruptive digital-only banks, innovative regulations, and shifting consumer demands have made today's banking digital-first — but the benefits of digitization are being held back by identity verification challenges. This report defines digital ID and discusses the technologies used to deliver the solution, and lays out the case for why banks have a compelling reason — and are best suited — to take the lead on digital identity. Get the full report → BECOME A MEMBER Did you know the Daily is just a preview of everything Business Insider Intelligence has to offer? Our Pro memberships deliver analysis on the biggest trends and decisions shaping the future of a specific industry. With a Pro membership you'll get... 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