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.
FinTech News
Robinhood Takes Second Stab at Cash Management Account
by Fioney Staff
Late last year, the commission-free stock trading platform Robinhood announced it would soon be offering a "Checking & Savings" account. These would complete with a debit card and a headline-worthy a 3% APY on savings. Unfortunately those plans were quickly rebuffed by the Securities Investor Protection Corporation, sending Robinhood back to the drawing board. Now the FinTech has revealed details about their renamed and revamped Cash Management account. Not surprisingly...
Small Business News
Survey Finds "Improving Productivity" to Be Top Challenge for Business Owners
by Fioney Staff
Being an entrepreneur means overcoming several obstacles and finding solutions to difficult problems. With that in mind, what specific issues are U.S. small business owners most anticipating on the horizon? A survey by professional employer organization (PEO) Oasis asked more 300 small business owners (with more than 10 employees but fewer than 100) about what challenges they expect to encounter in the next six to 12 months. Coming in first...
Personal Finance News
Charles Schwab Eliminates Trading Commission Fees, Others Follow
by Fioney Staff
Change is in the wind — can you feel it? Just as the leaves are starting to display their autumn coloring and falling to the ground, commission fees at three major brokerage firms are dropping to new lows as well. Now customers of Charles Schwab, Ameritrade, and E*Trade can buy and sell stocks and ETFs for a commission of $0. Last week Schwab announced that it was cutting its $4.95...
Best of the Web
Top 10 Personal Finance Articles of the Month — September 2019
by Fioney Staff
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. First up we'll feature some recent reflections on the financial independence (FI) movement. Then (appropriately enough) we'll look at some investment-related articles. Finally we'll explore the pros and cons of financial advisors, ways to remove financial risk in your relationships, and how ignoring your money...
FinTech News
Samsung Pay Adds International Payments Thanks to Finablr Partnership
by Fioney Staff
When Apple first unveiled Apple Pay in 2014, the expectation was that mobile payments would make major in-roads within a short period of time. Unfortunately that wasn't exactly the case, despite efforts by Apple, Google, Samsung, and others. Since then those companies have expanded on their mobile wallet product offerings, with Apple adding features such as Apple Cash and, most recently, Apple Card. Now Samsung is also looking to broaden...
Small Business News
Uber Launches Uber Works Platform in Chicago
by Fioney Staff
Ever since ridesharing started making the move from novelty to ubiquitous transportation option, the phrase "Uber but for..." has become a go-to pitch for many peer to peer platforms. For example imagine an app that's like Uber but for temporary workers. As it turns out that's exactly the idea behind Uber Works, which the company is rolling out in Chicago this week. Just as Uber connects drivers and passengers, Uber...
FinTech News
SoFi Officially Rolls Out Crypto Trading with $25 Bitcoin Bonus Offer
by Fioney Staff
Nearly a month after debuting cryptocurrency trading to select users, last week SoFi formally announced the new feature for their SoFi Invest platform. According to the company the addition makes SoFi Invest the only tool to offer "automated and active investing with stocks, ETFs, and crypto through a single app." What's more, to entice users to try out SoFi Crypto, the company is currently offering free Bitcoin to new buyers....