FinTech News
Small Business News
Survey Finds Majority of Small Businesses Feel Ready for Recession
Thanks to an encouraging jobs report released late last week, it seems fears of an impending recession have been calmed for the time being. Nevertheless there will surely come a day when the United States' record-breaking expansion period comes to an end. Luckily, according to a recent survey, a majority of small business owners say they are prepared for when the next recession hits. A study by small business lender...
Best of the Web
Top 10 Personal Finance Articles of the Month — June 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. With summer now in full swing, we start things off by talking travel. Similarly we'll hit the road for a look at several aspects of car ownership. Finally we'll cover a few tips for cutting spending, having a frugal wedding, and more. As usual, this...
Economic News
U.S. Job Growth Rebounds in June
Following a disappointing May jobs report (that just so happened to be released the same day President Trump canceled planned tariffs on Mexico), it seems that the United States jobs market bounced back in June. This morning the Labor Department released its latest report showing that the economy added a better-than-expected 224,000 jobs. That's nearly three times the 75,000 jobs added in the month prior. Additionally, despite the unemployment rate...
Loans
A Guide to Peer to Peer Lending Platforms for Borrowers and Investors
Back in the late 90s and early 2000s, you may have heard the term “peer to peer” as it related to music sharing services like Napster. About a decade later the term gained new popularity in an entirely different field altogether: finance. More specifically, lending. Peer to peer (P2P) lending is a model that matches up borrowers in need of loans with investors willing to fund them. This system benefits...
FinTech News
Congressional Committee Asks Facebook to Reconsider Cryptocurrency Plans
After months of speculation, Facebook finally announced the first details about the planned debut of Libra just a few short weeks ago. While the news was well-received in many circles and arguably helped push the price of Bitcoin north, it seems that not everyone is on board with the plan. As Marketwatch reports, Democrats in the U.S. House of Representatives Committee on Financial Services have penned a letter to Facebook...
FinTech News
Bank of America Introduces Digital Debit Card Option For Customers
Bank of America is introducing a new feature that will make it easier for customers to access their debit cards from their mobile phone. Now, using the Bank of America app, customers will be able to request a digital version of a new or replacement debit card. These cards can then be used immediately via Apple Pay, Google Pay, or other mobile wallets. In addition to being accepted at several...
Small Business News
