Fioney Staff
Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Credit Card News
CardRatings Unveils Its List of Best Credit Cards for 2021
by Fioney Staff
For reasons that do not need to be explained, 2020 proved to be an interesting year in the world of credit cards. While some products proved more useful than ever, others felt the need to pivot in order to prove their worth to cardholders and retain customers. Now, looking ahead to the new year, CardRatings has named their top credit cards for 2021 across a number of categories. Editor's note:...
FinTech News
Rakuten Network Powers Cashback Offers in Google Pay
by Fioney Staff
Recently, Google Pay unveiled an overhauled app for both Android and iOS. With the update, the app took on a new focus toward personal finance, while also providing other services such as peer to peer payments. Now, Google Pay users will be able to earn cashback rewards for select retailers thanks to a partnership with the Rakuten In Store Network. By activating eligible linked cards in their Google Pay wallet,...
Personal Finance
U.S. Consumer Credit Card Debt Falls Again in Q3 2020
by Fioney Staff
In what may come as a surprise to some but consumer credit card debt once again took a tumble from June to September. According to WalletHub's latest data, American consumers paid down a total of $707 million during the third quarter of 2020. Although that's extremely modest in comparison to the $60 billion and $58 billion in credit card debt erased in Q1 and Q2 respectively, it still marks the...
FinTech News
FinTech Step Announces $50 Million Round with Celebrity Participants
by Fioney Staff
As 2020 draws to a close, it seems that FinTech deals aren't done just yet. Last week, the online banking platform Step announced it had raised $50 million. The Series B was led by Coatue with participation from Stripe, Crosslink Capital, Collaborative Fund, and Dreamers VC. Additionally, several celebrities have invested in the startup, including Charli D’Amelio, Justin Timberlake, Eli Manning, Larry Fitzgerald, and others. With the latest funds, Step...
Best of the Web
Top 10 Personal Finance Articles of the Month — November 2020
by Fioney Staff
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. First, although the Thanksgiving holiday has now passed, we'll start with a look at both gratitude and generosity. Then, we'll highlight two articles about small things that can have a big impact (for better or worse) followed by a pair of posts related to housing....
Economic News
United States Regains 245,000 Jobs in November
by Fioney Staff
Continuing a trend that began as many areas of the country started reopening this summer, the United States once again added back jobs in November. Unfortunately, the pace of recovery has also slowed significantly. According to the latest Department of Labor Statistics report, the economy gained 245,000 jobs during the month of November. That is not only the lowest monthly sum since jobs began rebounding in May but is also...
Small Business News
Small Business Saturday Sales Reach Record $19.8 Billion
by Fioney Staff
On November 28th, Small Business Saturday was celebrated once again. This year's event was the 11th to occur as the Amex-founded retail holiday celebrated its 10th anniversary. Now, new figures suggest that the 2020 installment of Small Business Saturday was a success, with total sales nearing $20 billion. According to the American Express 2020 Small Business Saturday Consumer Insights Survey, this year's event brought a total of $19.8 billion in...