Personal Finance News
FinTech News
How the Government Shutdown is Impacting the FinTech Sector
Now in its second month, the current partial federal government shutdown is easily the longest in United States history. This extended shutdown has not only had a direct impact on thousands of federal employees and their families but has also affected various private sector businesses in some unexpected ways. As Forbes reports, several FinTech firms are among those hit by the shutdown as well. Easily the most talked-about aspect of...
Money Management Tips
Money at 30: Top Personal Finance Apps for 2019
Happy 2019! Okay, so we may already be a few weeks into the new year but I feel like I'm just now getting my bearings. This means I've spent the past few days not only contemplating the coming year and working towards some financial goals of my own but also reflecting on the year that was. As part of this, I started thinking about the various personal finance apps I...
Personal Finance News
36% of Respondents Admit to Maxing Out Credit Cards on Large Purchases
When you make a large purchase, do you turn to plastic or cash? That's what a new survey by the personal finance site WalletHub sought to find out. Additionally the study found that many Americans run the risk of maxing out their credit cards when making large purchases. First, WalletHub asked what respondents considered to be a "large purchase." Surprisingly the top answer was "over $100," with 30% of those surveyed selecting that as...
FinTech News
Another Crypto Sell-Off Hits After Ethereum Upgrade Delayed Again
After a disappointing 2018, cryptocurrency investors have high hopes for 2019. Unfortunately the new year has yet to bring much good news. Most recently, as Forbes reports, many assets including Bitcoin, Etherum, Litecoin, XRP, and others experienced another sell-off, with a total of $6 billion in market capitalization being lost in the past day or so. While there was a period last year where it seemed that Bitcoin had found...
Small Business News
Square Introduces Debit Card for Small Business Customers
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 the design of the card including the custom signature element may call to mind Square's Cash Card, there are numerous...
FinTech News
FinTech Firms Look to Hire Compliance Officers
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 come as no surprise that a number of FinTechs are currently hiring for a key position: compliance officer. As Bloomberg...
Economic News
