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.
Economic News
Charles Schwab Reportedly Eying Purchase of TD Ameritrade
by Fioney Staff
The discount brokerage industry as we know it is rapidly changing. Not only have FinTechs like Robinhood and others disrupted the market but, more recently, several well-established firms made some major changes of their own. Now another big evolution could be in the works as CNBC reports that Charles Schwab is in talks to purchase TD Ameritrade. If such a merger were to occur, the result would be a brokerage...
FinTech News
Robinhood Announces Launch in the United Kingdom
by Fioney Staff
With the brokerage landscape here at home rapidly evolving, it makes a lot of sense that Robinhood would want to start looking overseas for future growth.
Small Business News
American Express Offering Bonuses to Businesses to Boost Acceptance
by Fioney Staff
For years American Express has lagged behind competitors Visa and Mastercard when it comes to acceptance. Part of the reason for this is that Amex had typically charged higher swipe fees — a result of the issuer focusing on a wealthier client base who would be more valuable to businesses. However in recent years Amex has tried to catch up, getting as many businesses as possible to start accepting their...
FinTech News
Benzinga Announces Listmakers Ahead of Global FinTech Awards
by Fioney Staff
This week Benzinga will host their fifth annual Benzinga Global FinTech Awards in New York City. Ahead of that event, the financial media platform has announced a list of 150 "carefully vetted and renowned" companies and executives in various categories. From the list, 10 overall winners will be unveiled at the annual awards ceremony. This year's list is comprised of 150 nominees is 22 different categories. These categories include: Best...
Small Business News
Survey Shows Strong Support for U.S. Small Businesses
by Fioney Staff
By this point (and especially with a federal election just a year away) everyone is familiar with the phrase "small businesses are the backbone of the economy." However, as the holiday shopping seasons grows nearer, it seems that most of the focus is often on national and multinational corporations. Nevertheless — just in time for National Entrepreneurship Month and Small Business Saturday —a new survey from SCORE finds that Americans...
Economic News
Redfin Finds New Home Sales Up, Prices Down in Q3 2019
by Fioney Staff
As the Fed continues to cut interest rates little by little, there's been a renewed interest in what's happening with the housing market of late. Luckily the real estate site Redfin has just released their home sales report for the third quarter of 2019. First up, Redfin's data show new home sales increasing by 5.6% in the third quarter of the year. This also marks the second consecutive quarterly increase....
Personal Finance News
Google Reportedly Looking to Launch Checking Account
by Fioney Staff
The way Americans bank has certainly changed over the past decade. Not only has the number of bank branches contracted considerably but the companies behind some popular financial accounts weren't even around in 2009. With the rise of banking options, it now seems that one of the largest tech companies in the country is interested in the space. According to the Wall Street Journal, the project reportedly dubbed "Cache" will...