Fintech Focus For November 12, 2021
Quote To Start The Day: "Before anything else, preparation is the key to success."
TuSimple Stuck In Low Revenue, Loss-Making Zone As It Eyes First Driverless Truck Trips
Key takeaways:
TuSimple’s third-quarter loss widened as it forecast its expenses for 2021 will come in at upper end of previous guidance
Severe driver shortage and high fuel costs play in company’s favor, but regulatory risk amid U.S.-China tensions remains a concern
By Mia Shanley
Fintech Focus For November 11, 2021
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.”
SoFi Q3 Earnings Highlights: 377,000 New Members, Record Lending Revenue And More
SoFi Technologies (NASDAQ: SOFI) shares are trading higher after reporting third-quarter financial results.
Here are the key highlights for investors.
When Referral Marketing And Blockchain Meet, You Get Attrace: The Missing Piece
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.
Fintech Focus For November 10, 2021
Quote To Start The Day: “It is during our darkest moments that we must focus to see the light.”
Ripple To Launch Liquidity Hub With Bitcoin, Ethereum, Plans DeFi Offering
San Francisco-based fintech startup Ripple Tuesday announced the launch of a new service, Ripple Liquidity Hub.
An Explainer By DelphX On Bringing The Credit Default Swap Into The 21st Century
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.
Robinhood Exploit Results In Leak Of 7 Million Users’ Personal Data
Financial services company Robinhood Markets Inc (NASDAQ: HOOD) reported a data security incident where the personal information of over seven million users was compromised.
Fintech Focus For November 9, 2021
Quote To Start The Day: “Velocity of money has been coming down because people have been saving and putting money into assets.”