Author: Fioney Staff
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Neobank Current Introduces 4% APY Feature for Savings
In recent years, savings account holders have likely seen the interest they earn from their funds fall tremendously. This decline has even been true among many FinTechs that have typically offered better rates than the big banks. However, one neobank is now rolling out a new feature that will allow customers to earn interest that’s…
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FinTech Prosper Introduces Credit-Building Card
For years, FinTechs have been disrupting the credit industry. From websites like Credit Karma making it easier for consumers to understand their credit reports to various platforms looking beyond credit scores and utilizing alternative algorithms to determine creditworthiness, there are now several credit-building opportunities available to Americans that weren’t there previously. Now, the marketplace lending…
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Wells Fargo Announces Account Changes to Help Limit Overdraft Fees
Despite some changes over the years, overdraft fees continue to be an expensive plague on American consumers. However, little by little, institutions have been making some changes. The latest in this trend is Wells Fargo, which recently announced some upcoming adjustments to its policies. The first change coming down the pike is that customers enrolled…
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Lending Marketplace Acorn Finance Raises $8.4 Million
As the new year gets underway, another FinTech is celebrating by raising money. This week, Acorn Finance (not to be confused with micro-investment app Acorns) announced that it had closed an $8.4 million round. The Series A was led by MassMutual Ventures. Previous investors Vestigo Ventures, Accomplice, and MetaProp also participated along with Moderne Ventures. To…
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My GM Rewards Card Launches with New Partner Goldman Sachs
In 2019, Goldman Sachs made a splash by releasing its first credit card: The Apple Card. Of course, that product was heralded as a card “Created by Apple, not a bank” despite Goldman’s involvement. Now, the bank — and specifically their Marcus by Goldman Sachs brand — is expanding its credit card offerings with the…
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Top 10 Personal Finance Articles of the Month — December 2021
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. As we enter a new year, we’ll start off with a look back at 2021 along with some resolutions for 2022. After that, we’ll feature a trio of articles on…
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U.S. Economy Adds 199,000 Jobs in December 2021
When the ball dropped on 2021, the United States found itself holding a bit of a mixed bag. While there was reason to be optimistic and believe that 2022 will be better than its predecessor overall, a new twist in the pandemic threw a wrench in the plans of many. Now, a look at the…
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Chase Survey Finds Optimism Among Small Business Leaders
At the start of 2021, there were plenty of reasons for Americans to be optimistic about the year ahead following a challenging 2020. Unfortunately, the year brought its own obstacles — which were only exacerbated as we headed into 2022. Despite this, JPMorgan Chase’s 2022 Business Leaders Outlook Survey finds that the vast majority of…
