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Average kid's allowance? Almost $10 a week, or $500 a year

Average kid's allowance? Almost $10 a week, or $500 a year

January 21, 2020 - Many parents opt to give their kids a weekly allowance not because they need the cash — but to jump start their educations in financial literacy. After all, it's never too early to start practicing good money habits, and giving kids an allowance allows them to learn how best to spend and save it, experts say.

Cryptocurrency and Taxes: Do it Right with TaxBit

Cryptocurrency and Taxes: Do it Right with TaxBit

January 21, 2020 - TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, is announcing today a seed round of $5 million, with some of the industries' biggest names participating. Investors include Fintech venture firm, TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC, who previously led TaxBit's pre-seed round, and more.

Real AI at work for advisers

Real AI at work for advisers

January 21, 2020 - While there is still a lot of smoke and mirrors and empty hype in the artificial intelligence marketplace, there is some real functionality coming to advisers from several providers. Here are three examples of AI technology in production today.

Fintech in Atlanta #9 - Interview with Dave Excell, Founder of Featurespace

Fintech in Atlanta #9 - Interview with Dave Excell, Founder of Featurespace

January 16, 2020 - Protecting your Organization and Customers from Money Laundering Crime

Institution-Independent 401k Advisor, Blooom, Expands to IRAs

Institution-Independent 401k Advisor, Blooom, Expands to IRAs

January 16, 2020 - Blooom, an SEC-registered Investment Advisor that previously focused solely on managing accounts for individuals through their employer-sponsored retirement plan, has added IRA management to its offering. Similar to Blooom's existing 401k management service, IRAs will be optimized where they are currently invested, without requiring clients to move their money.

Mattermost co-founder survived tough times to launch game-changing collaboration platform

Mattermost co-founder survived tough times to launch game-changing collaboration platform

January 16, 2020 - One of the co-founders of the influential startup accelerator Y Combinator once termed the struggles of entrepreneurs to launch a business the “trough of sorrow.” As he was trying to run an independent video game business, entrepreneur Ian Tien suddenly found himself waist deep in that trough.

TaxBit Raises $5 Million In Funding to Automate Cryptocurrency Tax Compliance

TaxBit Raises $5 Million In Funding to Automate Cryptocurrency Tax Compliance

January 7, 2020 - TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, is announcing today a seed round of $5 million, with some of the industries' biggest names participating. Investors include Fintech venture firm, TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC, who previously led TaxBit's pre-seed round, and more.

Thomson Reuters launches Virtual Currency organizer

Thomson Reuters launches Virtual Currency organizer

December 20, 2019 - Virtual currencies, or cryptocurrencies, continue to be a dizzying draw to investors. Many times, the investors are not considering, or fully aware of, the tax implications of their activity in this exciting new asset class.

Mastercard, Payrailz partner on real-time bill payment pilot

Mastercard, Payrailz partner on real-time bill payment pilot

December 18, 2019 - Payrailz, a digital payments firm that provides solutions to banks and credit unions, has launched a real-time bill payment pilot with Mastercard to support the Mastercard Bill Pay Exchange.

BitPay Launches Worldwide Stablecoin Payments

BitPay Launches Worldwide Stablecoin Payments

December 17, 2019 - BitPay, the world’s largest provider of blockchain payment services, today announced the rollout of stablecoin payments for merchants and consumers around the globe. The company supports payment acceptance and settlement in any of three popular volatility-free stablecoins, Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX).