BUILDING SAVINGS THROUGH INVESTING | TAKING THE GUESSWORK OUT OF RETIREMENT PLANNING
According to the BLS-Labor Statistics, the number of people over 75 in the labor force is expected to grow by 96.5% by 2030.
The US is worried about a recession since inflation lowers its purchasing power.
2nd AUG, 2022
Many Americans are preparing for an economic downturn even as experts disagree on whether the U.S. is about to enter one. According to a survey by Allianz Life Insurance Company of North America, 66 percent of Americans are concerned that a significant recession is just around the corner, up from 48 percent who thought the
ACCOUNTING VS ECONOMICS: KNOW THE DIFFERENCES
The first question a student has when taking these disciplines is, “What are the similarities and differences between accounting and economics?” Both fields mostly work with numbers. However, accounting is concerned with gathering, evaluating, and disclosing income and costs. The production, consumption, and transportation of goods are the main topics of economics, a subfield of
GLOBAL PAYMENTS ENTERS DEFINITIVE AGREEMENT TO ACQUIRE EVO PAYMENTS
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, and EVO Payments, Inc., a leading global provider of payment technology integrations and acquiring solutions, today announced that Global Payments will acquire EVO in an all-cash transaction for $34.00 per share. The deal will increase Global Payments’ target addressable markets significantly, strengthen its
STORIES OF THE POWER OF DIGITAL TRANSFORMATION
CEOs from our portfolio companies Command Alkon, Talend, and RealPage tell their stories of how investing in digital transformation revolutionized their capabilities.
AUSTRALIAN NEOBANK UP LAUNCHES MAYBUY – A BNPL KILLER
Australian neobank Up Bank has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years. For individuals wishing to make online purchases, Maybuy will generate an automated savings plan. Consumers might choose to purchase the item or choose to save their money
PORTAGE LAUNCHES LATE-STAGE PORTAGE CAPITAL SOLUTIONS FUND
Global fintech investor Portage announced today the launch of a late-stage, fintech-focused Portage Capital Solutions (“PCS”) Fund. Daniel Ballen and Devon Kirk, who are co-heads, will direct the strategy, concentrating on structured opportunities in global fintech and financial services firms and aiming for investments over $50 million. Devon Kirk has almost 20 years of experience
HOW TO ATTRACT MORE CUSTOMERS TO YOUR ACCOUNTING FIRM ?
If you own an accounting firm, you’ll probably need a regular flow of new clients each year to maintain the health of your company and to take the place of any current clients who decide to part ways. However, since the majority of accounting firm owners are focused on running their businesses during the day,
JACK HENRY COLLABORATES WITH VICTOR TECHNOLOGIES AND MVB BANK TO OFFER FASTER PAYMENTS
Victor Technologies, Inc. is collaborating with the business to enhance its quick payments strategy, according to a statement from Jack Henry & Associates, Inc. Through its integrated risk management software and APIs for FinTechs to embed financial services, Victor, a subsidiary of MVB Edge Ventures, Inc. and a member of the MVB Bank, Inc. family,
GEMINI UK CUSTOMERS CAN NOW USE PLAID TO CONNECT THEIR BANK ACCOUNTS AND BUY CRYPTO
Gemini, a cryptocurrency exchange, has partnered with Plaid, open banking, and payments platform, to provide UK consumers the opportunity to purchase cryptocurrency using their bank accounts. The action emphasizes the growing prominence of cryptocurrencies in the financial ecosystem and encourages more everyday customers to diversify their holdings in digital assets. Customers won’t need to submit
MAKING INVESTING EASIER | HELPING WOMEN INVEST BETTER
Women have on average over 5 years longer life expectancy versus men. We are committed to helping women achieve financial well-being in the long term.
BANK OF AMERICA, BNY MELLON AND CITI MAKE $20 MILLION STRATEGIC INVESTMENT IN GENESIS GLOBAL
Bank of America, BNY Mellon, and Citi announced a $20 million investment in Genesis Global, the low-code application development platform created specifically for companies in the financial markets. Following the company’s $200 million Series C funding announced in February, several key investments were made. “This strategic support from Bank of America, BNY Mellon and Citi