FinTech News
Credit Card News
American Express Adds More Temporary Benefits to Platinum Card
Last year, when it became clear that travel wasn't going to be resuming in earnest anytime soon, American Express added some temporary benefits to its premium $550 a year Platinum Card to help bring value to grounded cardholders. This included offering $20 a month in monthly statement credits for wireless service purchases as well as $20 a month in streaming service statement credits. However, these benefits expired at the end...
FinTech News
FinTech Banking Platform Oxygen Announces $17 Million Funding Round
After what seemed to be a fairly successful year in the world of FinTech (all things considered), new deals are already rolling in. This week, Oxygen announced that it had raised $17 million in funding. The Series A was led by Runa Capital with participation from such firms as Inventures, S7V, 1984.vc, EFG Hermes, and Rucker Park. Additionally, individual investors including Deutsche Bank's Frank Strauss, Plaid's William Hockey, Teachable's Ankur Nagpal,...
Credit Card News
JPMorgan Chase to Acquire Global Loyalty Business From cxLoyalty Group Holdings
It looks as though certain credit card users might see some changes to their loyalty programs in 2021. This week, JPMorgan Chase announced that it had reached a deal to acquire the Global Loyalty business of cxLoyalty Group Holdings. According to the press release, this purchase will include "cxLoyalty’s leading technology platforms, full-service travel agency, gift card, merchandise, and points bank businesses." While this purchase may be new, Chase is...
Personal Finance
Second Round of Stimulus Payments Now Being Sent Out
More than eight months after the first round of stimulus checks started being sent to many Americans as part of the CARES Act, more payments are now on their way. In a press release, the Internal Revenue Service and Treasury Department announced that directly deposited funds would begin arriving as early as last night and would continue throughout the week. Additionally, paper checks will begin to be mailed starting today....
Economic News
Active Home Listings Reach Record Low as 2020 Nears an End
Just as the United States economy proved to be a bit of a roller coaster in 2020, the housing market saw similar shakeups and interesting trends. Now, with the year coming to a close, we can see just how wild things were. Additionally, even as cold weather takes over, the market for homes appears to be quite hot. According to the latest data from Redfin, active home listings fell to...
Personal Finance
Majority of Americans Have Money-Minded New Year's Resolutions
With 2020 coming to an end, people around the world are now looking to what changes they'll strive to make starting on January 1st. According to a recent survey conducted by OnePoll and commissioned by Slickdeals discovered that 73% of Americans have New Year's Resolutions for 2021 that involve matters of money. What's more, respondents said they wanted to sock away an average of $327 per month during the new...
Credit Card News
