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WeLab Bank Launches GoWealth and Becomes Asia's 1st Purely-digital Bank to Launch Digital Wealth Advisory Solution

Retrieved on: 
Thursday, July 7, 2022

HONG KONG, July 7, 2022 /PRNewswire/ -- WeLab Bank (or "the Bank"), the virtual bank dedicated to curating intelligent banking experience, announced that it had become Asia's 1st purely-digital bank independent of traditional banking groups in major Asian markets to launch digital wealth advisory solution1as its GoWealth Digital Wealth Advisory (GoWealth) rolled out to market today. Over the two-month trial period, the innovative solution achieved a satisfactory result in the goal-setting flow for over 65,000 visitors. 70% of reviewers expressed that they were looking forward to the official product launch. GoWealth combines the fintech strength of WeLab Bank with the investment expertise of Allianz Global Investors (AllianzGI), one of the world's leading asset management firms, empowering customers to reach their financial goals on "autopilot" with an end-to-end approach.

Key Points: 
  • Understanding these pain points, WeLab Bank is determined to digitalize and democratize wealth advisory through GoWealth.
  • On this occasion, by launching GoWealth, we are proud to become Asia's 1st purely-digital bank to launch a digital wealth advisory solution1.
  • WeLab Bank trail-blazes digital wealth management services through GoWealth, backed by its fintech experience and AllianzGI's investment management expertise.
  • Welab Bank Limited ("WeLab Bank" or the "Bank"), is a homegrown virtual bank licensed by the Hong Kong Monetary Authority ("HKMA").

Stake – Cash Back and Banking Services for Renters –  Raises $12 Million in Series A Funding

Retrieved on: 
Thursday, June 30, 2022

Stake , which provides Cash Back and banking services to renters, announced today the completion of its $12 million Series A financing round.

Key Points: 
  • Stake , which provides Cash Back and banking services to renters, announced today the completion of its $12 million Series A financing round.
  • With Stake, renters earn Cash Back when they take positive actions, like signing a lease and paying rent.
  • Leveraging behavioral science, Stake was founded in 2018 to empower renters by providing them with Cash Back on their rent as well as no-fee banking services to build savings.
  • Thousands of renters use Stake to earn Cash Back, grow their savings, and access free and equitable banking services.

Payrailz Announces Reseller Partnership with CU*Answers

Retrieved on: 
Tuesday, June 28, 2022

Payrailz will be CU*Answers preferred solution for P2P and loan payments for these credit unions and will provide a more modern UX experience for digital payments.

Key Points: 
  • Payrailz will be CU*Answers preferred solution for P2P and loan payments for these credit unions and will provide a more modern UX experience for digital payments.
  • We were very impressed with Payrailz vision for AI and the tangible ways they are improving the digital payments experience.
  • Payrailz creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives.
  • For more information, visit payrailz.com , follow them on Twitter @Payrailz , Facebook or LinkedIn , or contact Mickey Goldwasser at 860.430.9245.

Credit Karma Money Brings Cash Back Rewards to the Masses With Latest Launch

Retrieved on: 
Tuesday, June 21, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220621005174/en/
    At launch, Credit Karma members who already have a Credit Karma Money Spend account will automatically be enrolled into the cash back programthere is no need to sign up.
  • Unlike other rewards programs, cash back with Credit Karma Money Spend offers real money, not points, and there are no payout minimums required.
  • Specifically, those that are most often only obtained by consumers with prime credit, said Poulomi Damany, SVP/GM of Credit Karma Money and Tax.
  • Credit Karma Money is a checking and savings experience from Credit Karma, the personal finance platform more than 110 million Americans already trust.

Moves Raises $5 Million to Empower Gig Workers to Own the Gig Economy

Retrieved on: 
Tuesday, May 24, 2022

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The gig economy is surging, yet its workers continue to be left behind, said Matthew Spoke, CEO of Moves.
  • Moves is uniquely positioned to solve many of the challenges gig workers are encountering, said Laura Lenz of OMERS Ventures.
  • To accelerate its mission of making the gig economy work for its workers, Moves has taken a radical approach of enabling thousands of gig workers to become owners in the companies they earn on.
  • Moves is headquartered in Toronto with a world-class team of 35, who aspire each day to improve the gig economy for its workers.

doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go

Retrieved on: 
Thursday, May 12, 2022

Founders globally can now register an LLC, DAO LLC, or C Corp through doola, get an EIN (employer identification number) from the IRS with doola, and open a US bank account with doola.

Key Points: 
  • Founders globally can now register an LLC, DAO LLC, or C Corp through doola, get an EIN (employer identification number) from the IRS with doola, and open a US bank account with doola.
  • Arjun Mahadevan, CEO, doola said, From day 1, weve known that doola is not a formation service.
  • doola Banking makes our platform the fastest way to go from formation to accepting your first payment/deposit globally.
  • Its click button, get company + EIN + bank account, and ongoing compliance including state + IRS filings are taken care of.

Insider Secrets from AARP Bulletin! How to Get Around Today's Shortage of Workers and Supplies to Get the Work You Need Done

Retrieved on: 
Thursday, April 28, 2022

WASHINGTON, April 28, 2022 /PRNewswire/ -- Need work done on your house, or an elective surgery done, or a will written, or a major car fix? Good luck getting it done soon! A unique economic moment in America (surging prices, too few workers, and a shortage of products and materials) makes getting many common needs completed harder than in any time in recent years. But there are ways to succeed. AARP Bulletin reporters spoke to dozens of industry insiders to find out the best way to get top-grade help fast in 12 categories, from home repair to money help to a new doctor. Here are the ways to separate a good home handyman from a great one; how to jump the line in securing a contractor; how to choose the right hospital, post pandemic; and more. It's all part of "Beat the System: Experts Edition," the Bulletin's second guide of the past year for getting the best possible service and value in these changing economic times.

Key Points: 
  • It's a crucial topic: The vast majority of Americans will someday need caregiving help.
  • Credit vs. Debit Cards: Though they look alike and function similarly, there are crucial differences between credit and debit cards.
  • AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin.
  • To learn more, visit www.aarp.org , www.aarp.org/espanol or follow @AARP , @AARPenEspanol @AARPadvocates and @AliadosAdelante on social media.

Moves Enhances Debit Card With 5% Cash Back to Offset Surging Gas Prices

Retrieved on: 
Tuesday, April 12, 2022

While some rideshare platforms have introduced customer surcharges to offset the surging gas prices, the increases are not enough to cover the additional costs drivers face.

Key Points: 
  • While some rideshare platforms have introduced customer surcharges to offset the surging gas prices, the increases are not enough to cover the additional costs drivers face.
  • The Moves debit card with five percent cash back delivers a higher percentage cash back than most debit cards and can be used at any gas station.
  • Moves cash back reward is deposited weekly, making it an easy way to save money at the pump.
  • Moves Financial reserves the right to amend, withdraw or restrict the Gas Cash Back Offer at any time without notice.

MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce

Retrieved on: 
Monday, April 11, 2022

FAIRFAX, Va., April 11, 2022 /PRNewswire/ -- MainStreet Bancshares, Inc., (Nasdaq: MNSB) announced that its subsidiary MainStreet Bank has been honored as the outstanding large business of the year by the Dulles Regional Chamber of Commerce.

Key Points: 
  • FAIRFAX, Va., April 11, 2022 /PRNewswire/ --MainStreet Bancshares, Inc., (Nasdaq: MNSB) announced that its subsidiary MainStreet Bank has been honored as the outstanding large business of the year by the Dulles Regional Chamber of Commerce.
  • The $1.7 billion-asset bank received the civic organization's Galaxy Award, which recognizes 2021's outstanding business with 50 or more employees.
  • The award is given to a business that demonstrates excellence in business philosophy and support of the business community, according to the Dulles Regional Chamber of Commerce.
  • "The Dulles Regional Chamber of Commerce is a vital asset to our business community, and MainStreet Bank is a proud member," Dick said.

Rapidly Growing Startup Moves Advocates for Underserved, Under-represented Gig Workers by Taking Message to Shareholders

Retrieved on: 
Tuesday, April 5, 2022

We heard from hundreds of gig workers who use multiple apps a day to earn income about their challenges in the gig economy, said Matthew Spoke, CEO of Moves.

Key Points: 
  • We heard from hundreds of gig workers who use multiple apps a day to earn income about their challenges in the gig economy, said Matthew Spoke, CEO of Moves.
  • We believe that empathy for gig workers through first-hand experience was missing at the Board of Directors.
  • Many of Moves users are Uber shareholders through The Moves Collective , a radically new and mold-busting service that enables gig workers in the U.S. to earn shares in the enterprises that they power.
  • The Collective enables more shareholders, who can use their rights to advocate for underrepresented gig workers.