Fioney Staff
Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Personal Finance News
Fair Isaac Announces FICO 10 Credit Score Model
by Fioney Staff
Although these upcoming developments might put fear into some consumers, it seems that those who are already practicing good credit habits have little to worry about.
FinTech News
FinTech SoFi Announces Partnership with Mastercard
by Fioney Staff
Over the past few months, the FinTech firm SoFi has been quite busy. For example last year it introduced a hybrid money management account called SoFi Money, offering high-yield interest, reimbursed ATM fees, and other perks. Now the company is looking to expand on that success, announcing a multifaceted partnership with Mastercard. In their press release, SoFi also teased additional benefits and products that will come to fruition through their...
Small Business News
Chase and United Debut New Business Credit Card
by Fioney Staff
Small business owners who travel often or want to save up miles for their next vacation will now have a new credit card option for accruing rewards. Today Chase and United unveiled the United Business Card, which will replace the previous United Explorer Business Card. According to a press release for the new offering, the United Business Card is "designed to help business travelers maximize their miles." As part of...
FinTech News
Apple Card Adds Ability to Export Transactions Spreadsheet
by Fioney Staff
When the Apple Card launched in August of last year, it was perhaps the most high-profile example of FinTech seen to date. At the same time the card itself wasn't exactly built to play nice with other FinTech products as it offered no way for users to link their accounts to personal finance and budgeting applications. Thankfully, as TechCrunch reports, Apple is now working to correct that, offering a solution...
Personal Finance
LendingTree Study Shows How Much a "Fair" Credit Score Can Cost
by Fioney Staff
As confusing as credit scores can be for some people, one thing is fairly clear: a higher score means paying less for financing. But how much less? A recent study by LendingTree compiled the data to find out how much those with "very good" credit save in interest compared to those with only "fair" credit scores. For the purposes of their report, LendingTree defined a "fair" credit score as being...
Economic News
Delta Announces Major Profit-Sharing Bonuses for Employees
by Fioney Staff
As the United States economy has continued to expand and executive compensation has expanded with it, income inequality has become a more high-profile topic. While that's partially because of the latest election cycle and the controversial 2017 tax bill, grassroots minimum wage hike efforts and the like have also played a role. Given the current climate then, it may be surprising to hear about a major corporation surprising its employees...
FinTech News
Chainalysis Suggests $2.8 Billion in Bitcoin Was Laundered Last Year
by Fioney Staff
For as much mainstream success and acceptance as Bitcoin and other cryptocurrencies have enjoyed in recent years, there are still those who remain skeptical of digital currency. In addition to those who criticize crypto for not having any "real value," regulators have repeatedly pointed to the ability to "launder" funds as one of the reasons why Bitcoin needs greater oversight. To that point, a new report from Chainalysis found that...