Digital health faces the same hurdle as fintech: become profitable or lose your way.

1. The doctors [bankers] am in.

A tech-focused part of an industry facing setbacks after a few monster years is ready to make some deals.

Digital health, once the darling of healthcare, is struggling. After a pandemic-driven increase when healthcare services and offers that use technology were prioritized, digital health has returned to earth.

But the decline in the market is not terminal… at least not for the entire industry.

In short, there are deals to be made.

The similarities between digital health and fintech are striking. Startups in both areas are leveraging technology to upgrade established, streamlined services and improve the overall customer experience. They also do it where the stakes are high: health and money.

Of course, it’s not just out of goodness in their hearts. The “tech” part of their strategy, they claim, gives them a higher valuation than would traditionally be assessed for companies in their respective areas.

For both fintechs and digital health, this year has served as a reminder that they are only part technology companies. They still exist in industries that rely heavily on fundamentals. And ideas, no matter how big and ambitious they are, must ultimately be tied to kroner and øre.

2. We are now at the “catastrophic” threat level of US debt default. Treasury Secretary Janet Yellen didn’t mince words when she described the impact of not raising the debt ceiling. Here’s why she’s so worried. For more on a potential standard, check out my colleague Phil Rosen’s work on the 10 Things Before the Opening Bell newsletter.

3. Credit card fees are getting extra attention from regulators. Senator Elizabeth Warren asked the major credit card companies how much they make from these pesky late fees. It’s the latest criticism of card companies’ late fees, which cost Americans billions of dollars each year. More on how regulators want to change that.

4. Work harder. Be smarter. Unimpressed by the corporate grin, Gen Z takes matters into their own hands. The young generation is reselling Amazon, investing in crypto, and working content creation jobs, all to avoid a traditional 9-to-5 job. Meet the page mass generation.

7. Even banks hate handling your paper checks. The old payment method remains ripe for fraud, and banks sometimes struggle to replace victims quickly, reports The Wall Street Journal. Which begs the question: Why are we still paying with these things?