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.
Small Business News
Square Adjusting Pricing Structure for Credit Card Transactions
by Fioney Staff
Over the past several years, small business owners and their customers have become well aware of the FinTech company Square. Initially known for their card readers that turned cell phones into cash registers, the company's point of sale products have now become ubiquitous at coffee shops, restaurants, and other independent retailers. Unforunately many of these merchants may soon see their profits dwindle as Square has announced a major change to...
Economic News
Politics, Trade Plague the Markets Once Again
by Fioney Staff
After an up and down week, Friday is proving to be a volatile day on the markets once again. Per usual the reasons behind the rocky ride are numerous, although in this case they can mostly be narrowed down to two things: political and trade threats. In fact those two could be combined as simply "uncertainty" as the President faces a Congressional challenge and the trade front with China continues...
Personal Finance News
Clever SoFi Stunt Rewards Investors with Free Coffee
by Fioney Staff
When it comes to personal finance advice, you don't need to go too far to find talk of coffee. The commonly-cited "Latte Factor" shows how much consumers could save if they cut out that daily latte and invested the funds instead. Meanwhile others have pushed back on this concept, leading to a coffee war of sorts. Well, in response, the FinTech firm SoFi has come up with a clever promotion...
FinTech News
FinTech's Personal Loan Market Share Has Doubled Since 2015
by Fioney Staff
Ever since the Great Recession, peer to peer lenders and other FinTech alternatives have emerged to offer consumers personal loans. While such startups have gained notoriety in certain circles, it's fair to say that few have become household names. Nevertheless it seems that these types of lenders are growing significantly. According to a new report from Experian, FinTech lenders have doubled their share of the personal loan market in just...
Small Business News
Amazon Announces Small Business Awards, Opens Nominations
by Fioney Staff
When it comes to brick and mortar retail and small business, Amazon is often seen as an enemy. Despite this, many entrepreneurs have actually been able to grow their businesses via Amazon, gaining a massive outlet for selling their goods. To celebrate this partnership, the site has announced the introduction of the Amazon Small Business Awards. The inaugural awards will honor entrepreneurs in three categories: Small Business of the Year, Woman-Owned...
FinTech News
Blast to Debut "Game-Based Savings" App for iOS at TwitchCon
by Fioney Staff
These days there seems to be some big money in gaming. From Twitch streamers who can monetize with ads and sponsorships to tournaments where victors can take home massive purses, there are plenty of gamers who dream of hitting it rich. Unfortunately the majority will never reach such heights. However, with the app Blast, they can at least start using their gaming prowess to save money. Blast is an automated...
Personal Finance News
Amazon Bringing Cash Payment Option to the U.S.
by Fioney Staff
Since launching in the mid-90s, Amazon has grown from a novel online bookselling startup into one of the largest retailers in the world. However, while online shopping has become the preference for many who value convenience, one problem is that most e-commerce sites require customers to use a credit or debit card to pay for their goods. In response, Amazon is introducing a new program that will make it easier...