FinTech News
FinTech News
SoFi Introduces SoFi Invest for Active and Automated Trading
When it comes to FinTech firms, expansion is the name of the game. Often times this means diversifying your offerings in a logical way in order to gain customers and bring them into your ecosystem. That’s exactly what SoFi is aiming to do, launching new brokerage account options for either active or automated investing. According to Barron’s, SoFi has introduced SoFi Invest, allowing users to buy and sell stocks and...
Money Management Tips
Money at 30: My Big Budgeting Confession
Being a personal finance writer/nerd, I often end up talking about a number of the finance fundamentals, such as budgeting. In the past I’ve reviewed tools like Mint, talked about the old-school envelopes method, and many other topics that revolve around the idea of building a budget and sticking to it. That’s why today I thought it was time to reveal something shocking. The truth is that my wife and...
Small Business News
GOBankingRates Ranks Top U.S. Cities Where Entrepreneurs Thrive
When most people hear the term “startup” it’s common for areas like Silicon Valley to come to mind. That’s why some may be surprised to learn that, when it comes to starting a small business, the U.S. map is filled with cities where entrepreneurs are thriving. Now GOBankingRates (GBR) has released a study ranking the top 20 best cities for new small businesses, including several that aren’t in Northern California....
Economic News
Bankrate Study Finds Credit Card Debt Rising, Emergency Funds Falling
We’ve often heard frightening statistics about how few adults could cover an unexpected expense of only a few hundred dollars. Additionally the amount of credit card debt Americans hold has topped $1 trillion in recent years. Now a new survey by Bankrate has some more bad news: the percentage of those whose debt outweigh their savings is on the rise. In a survey conducted earlier this year, Bankrate found that...
Small Business Tips
Creating The Essential Social Media Toolbox for 2019
In today’s culture, the term “social media” is met either with groans or delight depending on the audience. Despite the seemingly increasing backlash against platforms like Twitter and Facebook, these outlets still serve as great tools for reaching and engaging an audience. Furthermore there’s no doubt that social sites and apps have been a boon to small businesses looking to connect with customers and drive traffic to their websites. The...
FinTech News
Plans for a Federal FinTech "Sandbox" Draw Controversy
With the rise of FinTechs over that past decade or so, one of the big questions that has plagued regulators is how to protect consumers from these new financial products without stifling progress. One proposed solution that’s been adopted both abroad and at home is the concept of a “sandbox” that allows approved companies to try new ideas without running into further regulatory restraints. As Bloomberg Businessweek reports, some state...
Small Business Tips
