Author: Fioney Staff
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Mezu Launches Digital Mastercard Debit Card
As we’ve documented before, one of the biggest trends in FinTech has been offering debit card products. From Square and PayPal to Stash and Acorns, each firm has taken a stab at a physical debit card their users can obtain. Now the digital payment app Mezu is throwing their hat into the ring but with a…
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Small Business Loan Approval Rates at Big Banks Rise in July
Ever since the Great Recession, banks have slowly increased the number of small business loans they issued. As a result, approval rates have continually reached new records, with more and more entrepreneurs finding it easier to obtain capital. Now the latest edition of the Biz2Credit Small Business Lending Index finds loan approval at big banks…
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Fox Corporation Buys Majority Stake in FinTech Credible
In recent years several sectors have taken an interest in FinTech for both partnerships and investments. Still, the latest Silicon Valley deal comes from a seemingly unexpected suitor. As the Wall Street Journal reports, Fox Corporation has agreed to purchase a 67% stake in Credible Labs for $265 million. Additionally the company has committed to…
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Average Back-to-School Spending Expected to Rise for 2019
Even if the calendar and weather insist that summer is still here, make no mistake that back-to-school season has arrived. In addition to students preparing to employ their alarm clocks once again, many parents are prepping their wallets for the expenses that come with the new school year. In fact, according to a new study…
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Top 10 Personal Finance Articles of the Month — July 2019
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. To start things off we’ll look at what it means to be frugal and how to be a more savvy consumer. Then we’ll focus on setting and achieving big money…
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Bitcoin Bulls Fight Back as Crypto Tops $10,000 Again
Back in June, it was big news when Bitcoin finally made it back over $10,000 after months at less than half that. While bulls continued to push the price up as high as $14,000 in the weeks that followed, it managed to fall back down below the milestone as regulators have been continually slamming cryptos…
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Federal Reserve Cuts Interest Rates, First Time Since 2008
This week the Federal Reserve voted to lower its key short-term interest rate by a quarter-point. The widely expected move marked the first time the Fed has cut rates in more than a decade, moving the new target to 2%-2.25%. As USA Today reports, the decision comes even as most economic indicators remain positive. In…
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Capital One Reveals Massive Data Breach
If you’re a Capital One customer or have applied for one of the products in the past, you may be a victim in the latest major hack. This week, this bank announced a data breach exposed personal data for 100 million Americans as well as six million Canadians. The breach, which is being described as…
