FinTech News
Small Business News
Record Number of Small Businesses Bought and Sold in 2018
Not only did 2018 prove to be a rather good year to be a small business owner but it also turned out to be a historic year to sell a small business. According to the business resale site BizBuySell, 2018 saw a record number of small businesses changing hands. Moreover this marked the third year in a row where a new high for business buying and selling was set. BizBuySell...
FinTech News
Apple Pay Acceptance Expanding to More Major Retailers
When Apple Pay was first announced in 2014, it was expected to usher in a new age for mobile payments. While it has certainly helped move adoption of the technology forward, it's hard to argue that it reached the heights it aimed for at its launch. However the built-in smartphone payments feature does keep making in-roads. This week Apple annouced that Pay it will soon be rolling out to more major...
Personal Finance News
Survey Ranks Money Topics as "Most Taboo"
You've probably heard it said that you shouldn't lend money to friends. But has that advice been interpreted as "don't talk about money with friends" by some Americans? A recent study conducted by the Captial Group and reported on by The Motley Fool found that money-related matters were far more likely to be considered taboo than other controversial topics. When asked about what topics they felt were forbidden to discuss with...
FinTech News
How the Government Shutdown is Impacting the FinTech Sector
Now in its second month, the current partial federal government shutdown is easily the longest in United States history. This extended shutdown has not only had a direct impact on thousands of federal employees and their families but has also affected various private sector businesses in some unexpected ways. As Forbes reports, several FinTech firms are among those hit by the shutdown as well. Easily the most talked-about aspect of...
Personal Finance News
36% of Respondents Admit to Maxing Out Credit Cards on Large Purchases
When you make a large purchase, do you turn to plastic or cash? That's what a new survey by the personal finance site WalletHub sought to find out. Additionally the study found that many Americans run the risk of maxing out their credit cards when making large purchases. First, WalletHub asked what respondents considered to be a "large purchase." Surprisingly the top answer was "over $100," with 30% of those surveyed selecting that as...
FinTech News
Another Crypto Sell-Off Hits After Ethereum Upgrade Delayed Again
After a disappointing 2018, cryptocurrency investors have high hopes for 2019. Unfortunately the new year has yet to bring much good news. Most recently, as Forbes reports, many assets including Bitcoin, Etherum, Litecoin, XRP, and others experienced another sell-off, with a total of $6 billion in market capitalization being lost in the past day or so. While there was a period last year where it seemed that Bitcoin had found...
Small Business News
