Latest News on private equities market

Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults

When the economy was booming, credit card issuers fell over themselves to lure borrowers and their debt, mailing hundreds of millions of no-interest solicitations.

4 years ago

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Finicity | Release | Jun 23, 2020 Strengthens existing open banking capabilities with Finicity’s proven technology and talent Enhances collaboration and co-creation efforts with fintechs and financial institutions Furthers commitment to consumer-centric data protection and practices PURCHASE, N.Y. – June 23, 2020 – Mastercard (NYSE: MA) today announced it has entered into an agreement to

4 years ago

New York to relax cryptocurrency rules

Finextra | Jun 15, 2020 New York's financial regulator is preparing to remove a number of regulatory hurdles impeding the development of cryptocurrency businesses in the US state. Virtual currency firms wanting to conduct business in New York currently have to apply for a BitLicence, which can take years to process. Under the new regime,

4 years ago

Is FinTech getting it wrong? Focus on needs and wants

The Finanser | Chris Skinner | Jun 22, 2020 A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it. Alessandro then goes on to cite the

4 years ago

With the second quarter almost over, what companies earned is anyone's guess

The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.

4 years ago

7 Ways to Manage Startup Cash Flow

Many startups fail because they simply run out of cash. These seven tips for managing cash flow can help keep your startup’s cash flow in check. Continue reading

4 years ago

In the wake of Covid-19, college dorm life gets a makeover

Many colleges and universities are still determining how they will address the question of student housing in the age of Covid-19. Some schools are looking for answers off campus.

4 years ago

What to know about getting Medicare if you are 65 or older and lost your job

Anyone who is 65 or older and lost workplace health insurance is eligible for Medicare coverage. Here's what enrollees should know.

4 years ago

These 5 remote jobs pay more than $60,000 a year

Proposal writer. Translator. Here are some of the better-paying jobs that allow you to work from home.

4 years ago

Stashing cash? Rates on certificates of deposit are plummeting

A spike in savings coupled with the Fed's move to hold its benchmark rate at essentially zero have put pressure on deposit rates.

4 years ago

This critical link could help bridge America's racial wealth gap

Blacks' and Latinx' median wealth lags significantly behind Whites, and so does job opportunity. Free training and financial education can help.Free job training and financial education can help.

4 years ago

Here's a foolproof way to create retirement income for the rest of your life

Who knew the IRS had the secret to lifetime retirement income all along? Stretch your savings by delaying Social Security and using the required minimum distribution tables to draw down your 401(k) and IRA.

4 years ago

Brokers will have to tell you a lot more about what they are advising you to buy starting next week

Regulation Best Interest takes effect June 30, requiring broker-dealers to act in the best interest of their clients.

4 years ago

Op-ed: There is no such thing as truly risk-free — even going to cash

While holding or moving to cash might feel good mentally and help avoid short-term stock market volatility, it is unlikely to be wise over the long-term. Cash doesn't earn any return and does not grow in value, so inflation erodes its purchasing power over time.

4 years ago

Many American expats are still waiting for their $1,200 stimulus checks

Americans who live in other countries are among those who still have not received their coronavirus stimulus checks. Because their payments are mostly in the form of paper checks that must be sent internationally, they may face a longer wait than most.

4 years ago