Experts: Google, Samsung Not Keen on Challenging Apple Card
Payment experts say Google and Samsung will not join Apple's lead in offering a credit card to its U.S. customers.
For them, the Apple Card,...
British Fintech Gets £60 million Investment Fund from Paragon
DivideBuy got over £60 million from UK local banks including Paragon as equity and debt-financing investment.
Aside from the additional credit for loan applicants, the...
Court Approves $5.5B loan of PG&E Corp.
After the devastating fire that hit California earlier in January this year, PG&E filed bankruptcy protection to prevent liabilities linked to the fire. Two...
Sears Stops Insurance Benefits, Retirees to Pay for Own Plan
Sears recently announced that retirees will no longer be eligible to claim their rights to the company-paid life insurance. Following this event, affected employees...
FBI Arrests CabbageTech CEO for Fraud, Faces Up to 20 Years
CabbageTech CEO Patrick McDonnell was indicted in New York after being charged with defrauding investors out of more than $200,000, says Coin Desk. Using...
UK’s Unite Calls for Shorter Working Week
In a report released by the Office of Data and Statistics, almost 1.5 million UK residents are at ‘high risk’ as they can lose...
Mortech and Roostify Work Together for Easier Online Mortgage
Fintech companies Mortech and Roostify cooperate to bring customers a much more convenient and reliable online mortgage solution, reports Business Wire. The Zillow Group...
Direct Lending Fund Under Fire for Inflating Returns, SEC Sues
Brendan Ross, the founder of Direct Lending Investments, was recently sued on March 22, 2019, by the United States Securities and Exchange Commission. The...
Trump Gov’t to Repeal ACA, Millions to be Left Uninsured
The US government spearheaded by President Donald Trump moves to repeal the Affordable Care Act (ACA) by the Obama Administration, says USA Today. If...
2 Elite Universities Block Admission of Students Linked to Scandal
Yale University and the University of Southern California (USC) both took steps to block the admission of students linked to the national college admissions...
Apple Card Likely to Roll Out Internationally
The first ever Apple credit card or ‘Apple Card’ is set to release in the United States this summer 2019.
In partnership with Goldman Sachs,...
Toronto Fintech Investments Grow by $221M
Fintech investments are booming in Canada’s tech hub Toronto with over $221M investments placed in 2018 alone.
In a recent report released by the Toronto...
Airwallex Reaches Fintech Unicorn Status
Australian company Airwallex has been confirmed to be a fintech unicorn after the Series C fundraising round. Led by DST Global, the successful round...
Credit Insurers to Reduce Coverage for Arcadia Group
Arcadia Group is set to experience cutback in its credit insurance coverage, says Retail Gazette. According to insurance company Euler Hermes, they sent notices...
Jordyn Woods Raking in Business Deals
Jordyn Woods, Kylie Jenner’s long-time BFF, has reportedly gained the attention of numerous brands and companies after the cheating allegations thrown against her. Following...
UK Chancellor Announces Crackdown on Late Payments
Big companies with overdue payments from SMEs are called out by Chancellor Philip Hammond from Spring Statement saying that this practice badly hurt small...
Study: Women Pay More Compared to Men for Auto Insurance
In a study conducted by insurance comparison site The Zebra, it was found out that women pay more when it comes to auto insurance...
Abu Dhabi Invests $272M on Tech Start-Ups
As part of the initiative to diversify the economy, Abu Dhabi announced last March 24 its plan of investing 1 billion dirhams or $272...
Australia to Experience Reforms in Health Insurance Policies
Australians will have to adjust to impending changes in private insurance, according to the Australian. To be implemented on April 1, insurance holders are...
India Eyes ‘World’s Data-Rich’ Position
With the recent introduction of services tax and goods of JAM trinity, India is sure to receive billions of data, which gives the country...
Mortgage Rates in Decline, Rise in Home Sales Expected
Mortgage rates in the United States are now declining at a faster rate. According to CNBC, the continued decline of rates could continue for...
Chrissy Metz and Credit Card: From Broke to Woke
This is Us star, Chrissy Metz, shares that changing her philosophy and outlook on money helped improve her credit rating and overall financial situation....
Singapore and Australia FinTech sign MoU
The Fintech associations for two nations, Singapore and Australia, are signing Memorandum of Understanding to flourish Fintech opportunities for both countries.
The phenomenal signing happened...
Cutting Down Expenses Can Save Americans Over $5,000 Per Year
Americans can save a total of $5,339.35 per year on average by cutting down unnecessary expenses, a new report said.
Purchasing non-essential things such as...
General Motors to Invest in Electric Vehicles, Eyes Michigan
General Motors Company is planning to invest $300 million in a Detroit, Michigan plant. This new investment is aimed toward manufacturing electric vehicles.
According to...
Ottawa Targets Zero-Interest for Housing
The city of Ottawa gets billions of incentives from the Federal budget and aims to use these for affordable housing.
Since 2010, the interest in...
Facebook Posts and Selfies to Affect Insurance Costs
Insurance companies and providers are reportedly combing through social media posts and selfies. This could result in higher insurance premiums or affect the vehicle,...
Grab Plans to Launch Fintech Services in Southeast Asia
Grab, the ride-hailing giant in Southeast Asia is set to launch its a slew of financial services across the region through its unit, Grab...
Fed Signals No Interest Rate Hike this 2019
The Federal Reserve signaled on Wednesday, March 21, that it is unlikely to raise interest rates for the coming months this 2019.
The decision came...
Citigroup faces $25M fine due to violating Lending Rules
Due to series of reports of customers and investigations conducted by the U.S. Office of the Comptroller of the Currency (OCC), Citigroup was fined...