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Showing posts with the label FinTech

7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

Opinion: Stephen Smith’s contrarian bid for Home Capital shows faith in housing markets

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The entry to the Home Capital Group's headquarters is seen at an office tower in the financial district of Toronto on May 1, 2017. Chris Helgren/Reuters Five years ago, Home Capital Group Inc. HCG-T was on the ropes. Financier Stephen Smith was one of several investors offering to rescue the Canadian mortgage lender. Home Capital’s board opted instead to accept a lifeline from Warren Buffett’s Berkshire Hathaway Inc BRK-B-N. In an interview at the time, the Oracle of Omaha said he took a 19.9-per-cent stake because he believed Home Capital could consistently make money serving clients who can’t get loans from banks, because there will always be “a lot of people don’t fit the cookie-cutter approach to borrowing that are perfectly decent credits.” Eighteen months later, Berkshire sold its Home Capital holding, after earning a 70-per-cent return. The exit helped clear the way for a $1.7-billion takeover bid on Monday from Smith Financial Corp., Mr. Smith’s family holding company. In...

Fintech Startup With Walmart Backing to Launch Buy Now, Pay Later Loan

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Opinions expressed by Entrepreneur contributors are their own. One, partly owned by Walmart, is a fintech startup ready to take on a growing buy now, pay later (BNPL) industry dominated by existing businesses like Affirm — whose shares reportedly dipped Friday in response to the news. Samuel Corum | Getty Images CNBC cites an unnamed source in reporting that One is planning to launch a service for Walmart shoppers that they can use both in stores and online. It is set to launch within the next year and is viewed as an answer to economic volatility and consumer anxiety over inflation. According to CNBC, Americans are feeling inflation's effects on the costs of necessities, like housing and food, and this has spurred continued interest in alternative payments. With BNPL, consumers can take the stress off their bank accounts by making fixed, smaller monthly payments. The Information fi...

How CBDCs Will Transform The World As We Know It

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Opinions expressed by Entrepreneur contributors are their own. Over the past couple of years, I have been working with my team at Broxus to develop the infrastructure necessary for central banks to deploy digital versions of their currencies. While we have been doing this work, and other projects have been engaged in similar endeavors, the dialogue around CBDCs has taken on something of a life of its own, colored by misconceptions about what Central Bank Digital Currencies (CBDCs) are and their purpose. At their essence, CBDCs are digital versions of a country's fiat currency that are pegged at a 1-1 ratio with the original currency. For example, if the US were to release a CBDC, that would be in the form of a digital dollar that is always equal to its fiat counterpart. While CBDCs are related to cryptocurrencies and blockchain technology, some key distinctions exist. CBDCs are, by definition, recognized digital legal tender. That means that, unlike other s...

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