First Republic Bank stock has reached a record low as government officials discuss a rescue plan. On an episode of Equity, a podcast discussing this topic, the team has debated whether First Republic’s shares have faltered due to the downturn of Sterling Bank or if there are other underlying forces. Here, listener’s could gain valuable insight into the situation.
Jacquelyn’s Chain Reaction newsletter has also explored the implications of the unraveled Binance.US and Voyager $1.3 billion deal. This delves deeper into why the transaction did not move forward amongst other pertinent details.
A mobile messaging services provider, Postscript, has recently been involved in a cease-and-desist letter from their competitor, Attentive. At the crux of the matter lies a client case study from Postscript which suggested that customer list size was shrinking instead of growing, and that this customer had to battle to move their list from the platform.
In response to the demands set forth, a new wave of fintechs are attempting to remain Shariah-compliant. This means foregoing charging interest, embracing profit sharing, and avoiding transactions for items such as tobacco and alcohol.
One company benefitting from this model is Impartner, whose VP of product, Gary Sabin, has seen customer satisfaction ratings and NPS scores rise after taking this approach. To create such customer-centric personas, the company dove into intel from 250 data points.
Of course, this model of consumer optimization isn’t new and startups are continuing to seek out their own angles; Postscript and Attentive being an example of rival companies engaged in a battle of discussion.
Reddit recently began testing Discord-like channels in its community chat portal, offering moderators additional control. With this, a chat channel specifically devoted to moderators helps them to direct conversations and make decisions on whether to enable the feature.
Last but not least, TechCrunch+ is a membership program boasting services to help startups and entrepreneurs get a head start. With a 15% discount using the code “DC”, the program offers access to exclusive news and events.
The company mentioned in this article is First Republic Bank, a California-based bank founded in 1985. It boasts branches in 15 states and an international presence in the UK and Italy. The bank provides a range of services from personal banking to wealth management.
The person mentioned in this article is Jacquelyn, the creator of Chain Reaction, a newsletter dedicated to exploring blockchain technology and its implications for everyone. Her newsletter offers an exclusive slant on the cryptocurrency market, covering topics from supply chain management to legal regulations in the space.
