FinTech News
Coinbase Launches Crypto Visa Debit Card (In the UK)
by Fioney Staff
Back before cryptocurrencies became the gold rush of 2017, the intent was always to spend and use such assets like you would fiat currency. The problem was that only a handful of sites and physical stores accepted Bitcoin, with even fewer allowing for payments in other digital currencies. One proposed short-term solution has been crypto debit cards. Now one popular cryptocurrency exchange is jumping into the debit card arena... at... Book Reviews
Money at 30: "Broke Millennial Takes on Investing" Book Review
by Kyle Burbank
There's a common belief that, having come of age during the Great Recession, most Millennials have been turned off to investing. Well, until relatively recently, you could count me among those of my generation that were either too afraid, too uninformed, or just too broke to invest. Perhaps that's why the second entry in Erin Lowry's aptly titled Broke Millennial book series is dedicated to the topic. The result is... Economic News
President Trump Says Stocks Should Be 10,000 Points Higher, Blames Fed
by Fioney Staff
Even though consensus suggests that Federal Reserve is unlikely to raise interest rates this year, that doesn't mean that President Trump's battle with the agency is cooling any. In fact the war of words has escalated into political action as the President looks to install supporters of his own on the Board of Governors. On top of that, this weekend Trump suggested that the U.S. stock market could be significantly... Small Business News
Bank of America Makes Changes to Small Business Rewards Card
by Fioney Staff
For many entrepreneurs, using small business rewards credit cards can not only help them separate business expenses from personal but can also allow them to earn cash back. Because of this there are now several card companies courting business owners in different ways. This week Bank of America announced a revamped cash back structure for its Business Advantage Cash Rewards Mastercard. However, as NerdWallet notes, these changes come with a... FinTech News
FinTech Firm SoFi Introduces Two ETFs
by Fioney Staff
As we've seen time and time again in the FinTech space, a major trend has found companies moving beyond their core product and introducing related but different services. For example this trend has brought a slew of branded debit cards to the market as startups position themselves as lower-cost alternatives to big banks. Now one FinTech is once again branching out, bringing exchange-traded funds (ETFs) to market. This week SoFi... Economic News
H&R Block Data Finds Vast Majority of Taxpayers Didn't Update W-4s
by Fioney Staff
With the 2019 tax season now in its final stretch, one of the big stories to emerge has been the shrinking refunds Americans have seen. While anecdotes suggested that most refunds were down, new data from tax prep firm H&R Block (reported on by Marketwatch) shows that they actually increased on average — but only by about 1.4%. At the same time, 2018 tax liabilities for individuals fell by a... FinTech News
Bitfinex Drops $10,000 Minimum Equity Requirement
by Fioney Staff
Even as cryptocurrencies have grown in popularity, there are still questions about the accessibility of those assets. From volatile values to confusion over buying and trading, those wanting to invest in crypto have often had to jump through a few hoops. However one platform is now attempting to open its doors by significantly lowering its capital requirements. This week, Hong Kong-based cryptocurrency exchange Bitfinex announced it was doing away with...