Pine Labs on How Regtech Is the Cornerstone for Building Omnichannel Businesses

With the fintech industry, particularly the paytech sector, constantly changing, evolving and innovating, the regulatory environment also sees an increase. Regtech solutions become crucial for those in the sector as they help businesses manage these ever-increasing regulatory requirements. Tanya Naik, Head of Online & Omnichannel Busines at Pine Labs, a merchant platform company that provides…

Xero’s Acquisition of the Planday Platform Will Revolutionise Business Management

Xero Limited has announced the acquisition of Planday, a workforce management platform that simplifies employee scheduling; allowing businesses to forecast and better manage their labour costs. The platform has more than 350,000 employee users across Europe and the UK. Strategically aligned with Xero’s intention to expand the small business platform, the acquisition of Planday will…

Paving the way for a more equitable financial future for all.

Mission  Credit Karma was founded in 2007 with the mission of championing financial progress for all. To achieve this mission, we must proactively work to deconstruct the inequalities that exist within the financial services industry to pave the way for a better, more equitable financial future for all.   Credit Karma’s Commitment to diversity, equity and…

Apathy is Dangerous

The below message was originally sent to Credit Karma employees on May 31, 2020. Fellow Karmanauts, Like many of you, I was horrified over the senseless killing of George Floyd, Ahmaud Arbery, Breonna Taylor and the countless others before them. I understand the rage. From the disgusting abuse of human beings, the fear of reprisal…

Unlock your home buying power

Begin the journey to your dream home Homeownership is often considered the key to achieving the American Dream, and is often regarded as a measure of adulthood. Yet many Credit Karma members are either not qualified or don’t think they’ll ever be able to afford a home. In fact, more than 65 million of our…

Credit Karma Expands to U.K.

Ken, Ryan and I founded Credit Karma over 10 years ago with the goal of helping people make financial progress. Now, we’re providing identity monitoring, DIY tax filing and even showing our members the financial health of their car from recalls to refinancing — all completely free. For us, progress means making small steps toward…

Credit Karma launches new personalized shopping experience

The new marketplace aims to bring certainty, transparency & simplicity to today’s financial product shopping process Today, the process of getting a credit card or loan has room for improvement. The lack of certainty, transparency, and simplicity make it difficult for consumers to shop for financial products that fit their individual needs. How do you…

Credit Karma Cares for Your Car On- and Offline

Credit Karma Auto cruises past major milestones; offers free car washes to Los Angelenos Less than a year ago, Credit Karma launched an experience around the idea that people should have one central place to access information about their car. Since launch, more than 8 million members have synced their cars to the platform. To…

Credit Karma is attacking the nearly $21 billion pricing gap in car insurance

Last November, we launched Credit Karma Auto. It quickly became obvious that our members wanted to understand their vehicles better. We built the entire auto experience around this insight, giving our members free access to this DMV, loan and vehicle data, directly within a new surface on Credit Karma. By adding car and driver data…

Best Credit Cards for Investing Rewards: Turn Spending Into Savings

Did you know that you could boost your investment or savings account while making everyday purchases with your credit card? There are credit cards on the market that will reward as much as 2% on every purchase that you make and then automatically deposit those cash back earnings into the account of your choice. So…

ecoATM: 5 Things To Know Before You Sell Your Phone

If you have an old cell phone lying around or you’re ready for an upgrade but not eligible for a trade-in, consider selling it to a buyback program. In this article, I’ll take a close look at ecoATM, which I found to be a convenient option for selling your used electronics at a kiosk for…

Report: The Cheapest Cars To Insure in 2021

Shopping for a new or used car? Aside from the sticker price, the savvy car shopper should also consider how much it costs to insure the vehicle. A recent report from personal finance site ValuePenguin ranks the cars that are the least expensive to insure. The report’s data was pulled from insurance quotes gathered from…

7 Places That Will Pay You To Move There in 2021

What if you could relocate to greener pastures and get paid for it? Many U.S. cities are actually giving people thousands of dollars to move there and set up shop. Perhaps you’d like to retire to a state that has a lower cost of living or go where the jobs are. This could be your…

03.03.21 The ‘fast furniture’ trend and your wallet. / Flood Insurance changes are on the way. Vital info for homeowners and buyers.

Urbanization and climate changes are increasing flood risks. Premium adjustments are coming from the National Flood Insurance Program as the Feds realign risk levels. It’s vital for homeowners and potential buyers to know the risk level of any property. FloodFactor.com – FloodSmart.gov. // Mobile young adults are renting furniture these days – convenient but is…

Mint Review: 5 Things To Know About the Free Budgeting Tool

If you’re thinking about downloading a budgeting app or signing up for a budgeting tool online, Mint may be a great option to consider.  In this article, I’ll take a close look at five things to know about Mint so you know what to expect before you create an account. I set up a budget…

Watch Out for These Health Insurance Scams

The Federal Trade Commission (FTC) recently updated its warnings to consumers about unethical companies and how health insurance scams can cost you big. In this article, I’ll share some tips from the FTC and other agencies on how to protect yourself. We’ll also get money expert Clark Howard’s advice on how to stay safe. Avoid…

What rising bond rates tell us about the future

If one were to make a ranked list of which asset classes and securities are most fun to watch, fixed income would be near the bottom, just ahead of money market funds. You certainly won’t find any Redditors calling for bonds to rocket to the moon. However, the impression that bonds are boring is not…

Wealthsimple Trade in-depth review 2021: The pros and cons

Since making its debut in 2014, Canada’s Wealthsimple has helped to demystify investing for hundreds of thousands of regular people who want to grow their money. The company’s success thus far is unquestionable: As of late February 2021, its AUM (assets under management) have been valued at $8.4 billion, and its online investment management tools…

Making sense of the markets this week: March 8, 2021

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  Stock markets tried to recover from last week’s bond scare By March 1, the bond scare appeared to be over, stocks were back to their habit of moving higher. In fact, on Monday the S&P 500 had…

What happens at the end of a reverse mortgage?

When you get a reverse mortgage, you tap the equity in your home without having to sell it. There are several advantages to having a reverse mortgage, for those who qualify: For one, you gain access to part of the cash value of your home, increasing your liquidity. Setup and legal fees are rolled into…

Explainer: How do payday loans work? 

Captain Cash, Mr. Payday, Speedy Cash and Cash 4 You—payday loan companies market themselves as an informal, cheery alternative to the conventional banking system, one that provides easy access to funds you might need to smooth out small financial emergencies.   But are payday lenders helping meet a vital need for Canadians who are left behind…

How to master “core and explore” investing 

For investors old or young, I’ve long been in favor of taking a hybrid “core and explore” approach. The “core”—the so-called “serious money” that comprises 80% to 90% of your portfolio—can be held in balanced funds or low-fee indexed solutions, like asset allocation ETFs from BMO, Horizons, iShares and Vanguard. A single such fund holds…

Tax implications of building a laneway suite

Q. I read your “capital gains on subdivided land” article—very nice piece. I have a follow up topic for you. I’m not sure if you are familiar, but recent changes to zoning laws have enabled thousands of Toronto property owners to build a laneway house on the back portion of their property, provided it meets…

An ‘Urgent Priority’ for the Crypto Market Is Regulatory Clarity Says SEC Commissioner

SEC Commissioner Hester Peirce told Global Digital Finance’s (GDF) Global Leaders Webinar Series that regulatory clarity from the Securities and Exchange Commission (SEC) is an ‘urgent priority’ for the crypto market and digital assets space. Speaking in a personal capacity in the webinar with GDF Board member Jeff Bandman, Commissioner Peirce said it is now…

Banks & Fintechs Must Work Together To Remedy Financial Wellness Amid COVID-19

The ongoing Covid-19 pandemic is still affecting the global economy. Through lockdowns and other restrictions, financial uncertainty is at an all-time high. Rochelle Gorey is the CEO and Co-Founder of SpringFour, a Certified B Corporation and social impact fintech company located in Chicago. Here Rochelle shares her thoughts on how banks and fintechs need to work…

DIFC Employee Workplace Savings Plan Amasses $127 Million in Assets in Just One Year

One year after its launch, the DIFC Employee Workplace Savings (DEWS) Plan has garnered over $127 million in assets under management as of 1st February 2021, encouraging and facilitating a new approach to savings via the workplace. Launched in February 2020 for the employees of Dubai International Financial Centre (DIFC), and proving to be the…