Turkey Central Bank,who recently suffered a loss of nearly $5.2 billion USD over the course of the past year, has reversed their balance sheets by gains of 250 % as they posted end of year profits. The gain comes after the Turkish Lira lost value to the USD to the tune of 44% and PresidentRead more
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Tax brackets for the upcoming season have been a constant talking point in the news lately. Millions of taxpayers have anxiously awaited how much of their funds will be going to Uncle Sam next year. Previously it was estimated that individuals who carry a portfolio based largely on capital gains such as stocks, NFT’s, andRead more
Stock prices have been bearish at times during the pandemic which has seen more than five different variants of Covid 19 ravage the country. However, in some sectors like technology, the projected stock forecasts have continued to be favorable. One such company, Apple, which remains a titan in the computing and mobile space, is onRead more
Tipalti, an accounting software company founded in California over the past decade, has recently captured a massive funding round of $270 million amid back to back billion dollar valuations. Last year, the company successfully beat out competitors with investments led by Durable Capital Partners, which initially led them to secure unicorn status. The latest roundRead more
Ant Group, the Chinese FinTech unicorn and subsidiary of Alibaba, is making a splash in the global payment network with an investment in a multi-pronged payment platforms provider. The company, 2C2P, founded by Singaporean businessperson Aung Kyaw Moe, has been in existence since 2003, and assists companies in streamlining electronic funds processing via mobile wallets,remittances,Read more
Owning an IRA or 401k has never been more important than when you or a loved one are about reach what is known to the Internal Revenue Service as the RMD threshold. In previous years, the age at which the required minimum distribution had to be taken was 70.5, however, that was briefly suspended duringRead more
Uber Technologies, the premier ride hailing app brought to fame more than a decade ago, has recently made a decision that may anger some riders. Due to the heavy cost of inflation that has made gas prices soar to records unseen in nearly forty years,the company created a strategy to offset some of those losses.Read more
Social security payments are one of the three legged prongs when it comes to securing your retirement portfolio. However, the age of retirement has risen in recent years,which could put a damper on your ability to collect those funds when they are needed. According to law, the full retirement age is set to be atRead more
Volante Technologies, one of the worlds largest cloud payment processors, and PaaS provider, is seeking to take the Real Time Integrated Payables service to an entirely new level. First launched in 2017 by the Clearing House,the system which is based on “real time payments rail” technology, an RTP capability can process up to $100,000 perRead more
Uber Technologies, the premier ride hailing app brought to fame more than a decade ago, has recently made a decision that may anger some riders. Due to the heavy cost of inflation that has made gas prices soar to records unseen in nearly forty years,the company created a strategy to offset some of those losses.Read more
