Author: Fioney Staff
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Survey Finds Small Businesses Increased Investment During Pandemic
Despite the financial challenges that the past several months have brought for small businesses, it seems that many owners actually increased their spending according to a report by Regions Bank. For their survey, Regions spoke with more than 500 entrepreneurs. In each case, they owned businesses with 100 or fewer employees. What they found was…
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Mastercard Announces 10 FinTechs to Participate in Latest Start Path Program
Mastercard is once again looking toward the future of FinTech, announcing the 10 startups that will join the company’s Start Path program. This year’s selected companies include: Carry1st, FISPAN, Lendio, LISNR, Mocafi, MO Technologies, Panda Remit, Paycode, Fanbank/Plink, and Subaio. These startups will participate in a six-month program where they will not only work on…
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Top 10 Personal Finance Articles of the Month — October 2020
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 up is something we could also use right now: early retirement. Then we’ll answer a pair of financial questions. Finally, we’ll round things out with a look at economic…
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Unemployment Rate Falls to 6.9% as 630,000 Jobs Return in October
Last month, it seems that more Americans went back to work. According to the latest Labor Department report, the United States economy gained 630,000 jobs in October. That’s more than the 503,000 that economists surveyed by MarketWatch had anticipated. More specifically, private sector hiring reached 906,000, although a decline in government employment brought down the…
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Justice Department Files Lawsuit to Block Visa’s Plaid Acquisition
Reports that the United States Department of Justice was considering action against Visa in regards to their planned acquisition of Plaid came to fruition this morning. As TechCrunch reports, the Justice Department has filed suit against both companies on antitrust grounds. Earlier this year, Visa announced that it intended to purchase Plaid for an eye-popping…
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Zelle Tops 1 Billion Transactions in the Past 12 Months
When it comes to peer to peer payments, often times FinTechs such as Venmo, Square Cash, and others come to mind. Yet, one competitor has managed to grow without much fanfare: Zelle. Now, Early Warning Services, LLC (the network operator behind Zelle) announced that the service recently achieved a major milestone. According to Zelle, the…
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BlueVine Business Banking Expands Roll Out Following Beta
Just as FinTech banking options have changed the personal finance landscape in recent years, FinTech startups have also had an impact on small business finance. This is perhaps most evident in the lending space where companies such as OnDeck and Kabbage have made it easier for entrepreneurs to obtain capital quickly. Now another online small…
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SoFi Reveals Details on Rewards Credit Card
Between 2019 and 2020, the FinTech SoFi has done an awful lot. In addition to rolling out a hybrid banking account and an investment platform, the company has also raised its profile by scoring naming rights to the Southern California stadium that’s now home to the Los Angeles Rams and Los Angeles Chargers. Now, the…
