Author: Fioney Staff
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Apple Card Accounts Begin Appearing on Credit Reports
When Apple initially announced that it would be launching a credit card, it stated that the product would be unlike anything seen before. Indeed the Apple Card does have a number of unique features, from it’s easy mobile-only application to its implementation of “Daily Cash.” However some aspects of what makes the card special have…
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New York State Permits SoFi to Sell Cryptocurrencies
Empire State residents will now have another option for trading cryptocurrencies. This week the New York State Department of Financial Services approved FinTech lender turned jack-of-all-trades SoFi for a BitLicense. The move means that users in the state will now be able to buy and sell crypto on the SoFi Invest platform. In a press…
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Growing FinTech Trend Finds Startups Going Bi-Coastal
Since the 1970s, there’s been no question about where the capital of technology has been in the United States: Silicon Valley. Today, Northern California and specifically the Bay Area is home to a plethora of startups, including some well-known FinTechs. However a growing trend suggests that some of these disruptors are branching out and looking…
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2019 Small Business Saturday Spending Reaches New Record
After weeks of anticipation, this past weekend, the big day finally arrived: Small Business Saturday. What’s more, early numbers suggest this year’s event was a hit. According to the 2019 Small Business Saturday Consumer Insights Survey — released by American Express and the National Federation of Independent Business — Americans spent $19.6 billion at independent retailers on…
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Personal Loans Still Fastest-Growing Debt Type in U.S.
Looking for a personal loan this holiday season? You’re certainly not alone. According to a recent Experian report, personal loans continue to be the fastest-growing type of debt, totaling $305 billion in the second quarter of this year. That marks a 12% year over year increase and a 47% rise from 2015 when personal loan debt…
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Robinhood Withdraws Bank Charter Application
Back in April of this year, Robinhood joined the growing list of FinTechs and challenger banks applying to become full-fledged banks and receive a national charter. At the time the company said, “Robinhood’s goal is to be able to offer its customers a full suite of financial products to service their needs.” Cut to today…
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PayPal Acquires Deal-Finding App Honey
Every day millions of users turn to PayPal to send money and make purchases. Now the FinTech is making a rather sizeable buy of its own. Last week the company announced that it would be acquiring Honey. For their purchase of Honey (or Honey Science Corporation as their formally known), PayPal will pay a whopping…
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WalletHub Shares Black Friday Trends and Best Deals for 2019
It’s almost here: after weeks of “pre-Black Friday sale” ads flooding airwaves and e-mail boxes everywhere, the main event is nearly upon us. As has become tradition, this Friday retailers across the nation will woo shoppers with special “doorbusters” and other attractive pricing in a bid to kickstart the holiday shopping season. Of course, when…
