Fintech Startup Stash to Provide Stock-Back Rewards
New York-based financial technology startup, Stash, will be providing the public with its ‘stock-back’ rewards program. This new initiative allows customers to invest as...
Prosecutors Indicts Wealthy People for College-Entrance Cheating Scheme
Federal prosecutors charged nearly 50 people who belong to wealthy families in a $25-million cheating scheme that helps their children to gain admission to...
PayPal Allows Users to Instantly Transfer Funds to Their Bank Accounts
PayPal opens its doors to bank transfers as it recently announced that its users could transfer money real time from the application to their...
US Credit Card Debt Reaches Record-High $870 Billion in 2018
US credit card debt approached $870 billion as of December 31, a new historic high, Federal Reserve data show. The report also shows credit...
Bank of America and Tory Burch Partner Up, Offer $100m Loans
The Bank of America has teamed up with the Tory Burch Foundation, adding in an addition $50 million in pledges. The total amount offered...
PayPal and Dragoneer to Invest in MercadoLibre
PayPal and Dragoneer have both agreed to invest stocks in MercadoLibre, each offering $750 million and $100 million respectively. These actions follow MercadoLibre’s decision...
