One Big Thing In Fintech: Heading into the coronavirus pandemic, several trends among the retail investing public made the industry favorable for new entrants to come in and exploit.
Quote To Start The Day: “Sold puts are, quite literally, a bunch of huge buy limit orders below the market, and then a bunch of liquidity-taking stop-losses further down.”
Referral marketing has its problems. Mainly, centralization, data and privacy mishaps, as well as reconciliation.
Web3, an antidote to the aforementioned, ought to suffice, right? Wrong.
That’s according to Attrace CEO Erwin Werring who helped build a referral network for the Web3 space.
An age-old concern in banking revolves around the risk of non-repayment.
Banks would have billions, at times, in loans to entities — everything from governments to businesses — and, given regulatory frameworks, they would be obliged to hold collateral in case of default.
Underbanked.
This term has been said, loosely, for far too long. There are millions in modern civilization with no access to financial services. A lack of trust and understanding are among the top factors to blame for this problem.