Jonathan Dyer

Author

Jonathan Dyer

I'm a small town guy living in Los Angeles looking to make solid financial decisions. I write for a number of finance websites, including HuffingtonPost and Business2Community. I founded DyerNews.com in 2015 to focus on personal finance and the emerging FinTech markets.

Small Business News

Square Introduces Debit Card for Small Business Customers

Jan 18, 2019 by Jonathan Dyer

Square may have built its main brand on offering payment solutions to small business owners but its latest product actually takes a page from one of the company's other ventures. This week the brand unveiled the Square Card — a free Mastercard debit card product for small business owners. While...

FinTech News

FinTech Firms Look to Hire Compliance Officers

Jan 17, 2019 by Jonathan Dyer

Financial technologies companies have always operated in a tough spot. Not only do they often occupy a space where regulatory guidelines are blurry at best but they also need to explain their innovations to agencies that might not fully comprehend these new ways of doing things. That's why it should...

Economic News

Morgan Stanley Advises Investors to "Embrace" Potential Recession

Jan 16, 2019 by Jonathan Dyer

The last week of 2018 was a wild one on Wall Street. Following the worst Christmas Eve on record — which saw indexes fall to their lowest point of the year — Boxing Day brought a rally that resulted in the largest single-day point gain in the history of the...

Cryptocurrencies

Americans Lost $1.7 Billion in Bitcoin Investments Last Year

Jan 15, 2019 by Jonathan Dyer

Americans lost a total of $1.7 billion in 2018 by investing in Bitcoin. Moreover another $5 billion in unrealized losses is also estimated. While the losses themselves may be expected, something most investors don't realize is that they can deduct these losses on their taxes.

Small Business News

Ongoing Shut Down Affects $200 Million in SBA Loans Per Day

Jan 14, 2019 by Jonathan Dyer

It's official: the current federal government shutdown now ranks as the longest in history, topping the previous record of 21 days (which occurred during the Clinton administration). So far the shutdown has resulted in furloughs for many "non-essential" federal employees and work without pay for others. As we previously reported, among...

Economic News

Survey Finds 37% of Americans Overspent This Holiday Season

Jan 11, 2019 by Jonathan Dyer

In 2018 Americans spent more than $850 billion during the holiday shopping season. That spending level not only rose 5.1% from 2017 but also made it the highest total in six years. Now, according to a new survey by the personal finance site WalletHub, more than one-third of shoppers say they...

FinTech News

Plaid Acquires Competitor Quovo

Jan 10, 2019 by Jonathan Dyer

The FinTech firm Plaid has reportedly purchased rival startup Quovo in what amounts to the company's first major acquisition. According to CNBC sources, the deal was valued at just under $200 million, although terms were not officially made public. This news comes just a few weeks after Plaid raised $250...

Small Business News

Study: One-Third of Small Business are Started for Less than $5,000 2

Jan 9, 2019 by Jonathan Dyer

When it comes to starting a new business, one of the largest and most daunting aspects is raising enough capital. However, while having capital is certainly essential for any small business, a new study finds that it might not take as much upfront money to get off the ground as...