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SoFi Deposits Grow 26% Year Over Year to $12.7 Billion

SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

SoFi’s earnings results showed a growing embrace of the company’s platform approach that brings savings, lending and spending together in a continuum of financial activity. Earnings presentation materials and...

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DocuSign, Microsoft Azure Move to Improve Facial Liveness Detection
DocuSign, Microsoft Azure Move to Improve Facial Liveness Detection
July 27, 2023  |  Cybersecurity

As artificial intelligence (AI) makes deepfakes a greater concern to consumers and companies, fresh efforts are afoot to combat these highly convincing but fraudulent images....

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Netflix Looks for Partners Beyond Microsoft to Boost Ad-Supported Tier
Netflix Looks for Partners Beyond Microsoft to Boost Ad-Supported Tier
July 27, 2023  |  Streaming

When Netflix chose Microsoft over the likes of Comcast and Google as the launch partner for its ad-supported tier in 2022 it surprised many, but...

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LendingClub to Launch Lending, Savings and Spending Super App
LendingClub to Launch Lending, Savings and Spending Super App
July 26, 2023  |  Earnings

LendingClub reported results that showed flat net interest income, but pressure on loan origination volumes — a trend that is likely to persist over at...

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Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday...

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Teladoc Expands Microsoft AI Pact and Moves Into Weight-Loss Treatments
Teladoc Expands Microsoft AI Pact and Moves Into Weight-Loss Treatments
July 26, 2023  |  Healthcare

Teladoc Health announced stronger-than-expected results for the second quarter of 2023 reporting revenue and cash flow gains, while the telehealth brand continues to push for...

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Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
July 25, 2023  |  Earnings

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments...

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Consumers Worry Automation Will Depersonalize the Restaurant Experience
Consumers Worry Automation Will Depersonalize the Restaurant Experience
July 25, 2023  |  ResTech

As robotics catch on throughout the restaurant industry, consumers are worried about losing the personal experience they look for in a restaurant. By the Numbers...

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