Finance Trends

A fully open-source public distributed ledger that utilizes the hashgraph consensus algorithm, known for its speed, fairness, and security. The network supports Solidity-based smart contracts, native tokenization, and consensus services, enabling the development of decentralized applications. Hedera primarily targets developers and businesses looking to build secure and efficient decentralized applications.

A company specializing in digital sales tax compliance solutions, founded in 2004 by Scott McFarlane. It offers a range of compliance automation software, including tax calculation, document management, and compliance reporting, distinguishing itself through its extensive partnerships with accountants, technology partners, value-added resellers, and system integrators. Avalara primarily serves businesses seeking efficient and accurate tax compliance solutions on a global scale.

A process where a professional coach assists a businessperson in achieving their work-related goals. This guidance can encompass developing leadership skills, formulating business strategies, and enhancing mindset, thereby providing value through personalized support and expertise. Business coaching primarily benefits entrepreneurs, executives, and professionals seeking to improve their performance and achieve specific business objectives.

Decentralized cryptocurrency exchange that facilitates peer-to-peer trading of Bitcoin and other cryptocurrencies. It operates without a central authority, ensuring security, privacy, and censorship resistance by not requiring personal information from users. Bisq is particularly favored by individuals who prioritize privacy and security in their cryptocurrency transactions.

A financial intermediary committee typically composed of 12 to 25 local women between the ages of 18 and 50. These groups are designed to help members cope with life problems and improve their financial stability through mutual support and collective savings, often facilitating access to credit and other financial services. SHGs primarily benefit women in South Asia and Southeast Asia, aiming to enhance their financial and social empowerment.

Crucial step in the data analysis process that involves examining datasets to understand their main characteristics, often with the help of data visualization techniques. This process includes understanding the data structure, calculating summary statistics, cleaning the data, visualizing it, performing correlation analysis, and feature engineering to improve model performance. Data exploration is essential for analysts and data scientists to make informed decisions about data preprocessing, feature selection, and model building.

Central banking system of the United States, established on December 23, 1913, with the enactment of the Federal Reserve Act. It manages the nation's money supply and interest rates, supervises and regulates banks, provides financial services, and works to maintain financial stability. The Federal Reserve primarily serves the U.S. economy, financial institutions, and the general public by ensuring a stable and secure financial system.

A term used in financial and legal contexts to refer to the person or entity that ultimately owns or controls an asset, such as a company, property, or financial instrument, even if the asset is held in another name. The beneficial owner enjoys the benefits of ownership, such as income or dividends, and has the power to make decisions regarding the asset. This concept is crucial for compliance with financial regulations and ensuring transparency in financial transactions.

Verifiable credentials are digital, tamper-evident, and cryptographically secure credentials used for identification purposes, such as digital IDs, birth certificates, and educational certificates. These credentials provide a secure and efficient way to verify personal information, reducing the risk of fraud and enhancing trust in digital transactions. Verifiable credentials are particularly beneficial for organizations and individuals requiring secure and reliable identity verification, such as educational institutions, employers, and government agencies.

Technology company that builds economic infrastructure for the internet, enabling businesses to accept payments and manage their operations online. Stripe differentiates itself by offering a comprehensive suite of payment APIs that support various online business models, including subscription services, on-demand marketplaces, e-commerce stores, and crowdfunding platforms. The primary users of Stripe's services are businesses of all sizes, from startups to large public companies, seeking efficient and scalable payment processing solutions.

A financial lifestyle movement aimed at achieving early retirement through high savings rates, frugality, and strategic investing. The FIRE movement encourages individuals to save a significant portion of their income, often 50% or more, and invest wisely to build a substantial financial cushion that allows for early retirement. This movement primarily appeals to individuals who prioritize financial independence and are willing to make significant lifestyle adjustments to achieve their long-term financial goals.

Savings app that leverages artificial intelligence to help users save money automatically by analyzing their spending habits. It differentiates itself by offering features such as automatic savings calculations and the ability to set up recurring saves, making the process of saving effortless. The app primarily targets individuals looking to improve their financial habits and save money more efficiently, with a user base of around 400,000 people.

Passive income refers to earnings generated with minimal active involvement, often derived from investments, rental properties, or business ventures. It provides financial benefits by creating a steady stream of income without the need for continuous effort, differentiating it from active income which requires ongoing work. This type of income is particularly appealing to individuals seeking financial independence, retirees, and those looking to diversify their income sources.

The ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy involves knowledge of financial principles and concepts such as financial planning, compound interest, debt management, and the time value of money, which are essential for making informed financial decisions. This skill set is particularly beneficial for individuals seeking to improve their financial stability and achieve long-term financial goals.

End-to-end real estate platform that assists investors in finding, buying, leasing, managing, and selling residential investment properties. Mynd differentiates itself by offering comprehensive property management services across multiple locations, including San Antonio and Houston, Texas, providing a seamless experience for real estate investors. The platform primarily targets real estate investors looking for a streamlined and efficient way to manage their residential investment properties.

Subset of artificial intelligence (AI) that involves the use of algorithms and statistical models to enable computers to perform tasks without explicit instructions. Machine learning systems learn from data and improve their performance over time, making them valuable for applications such as recommendation systems, fraud detection, and autonomous vehicles. It primarily benefits data scientists, researchers, and industries looking to leverage data-driven decision-making and automation.

Unique physical or behavioral characteristics of individuals used for identification and authentication purposes. Common types include fingerprints, facial recognition, iris scans, voice recognition, and DNA, which are often utilized in security systems for unlocking devices, accessing secure facilities, or verifying identities. Biometric data is particularly valuable for enhancing security measures but also raises privacy concerns due to the sensitive nature of the information.

Sales support staff are responsible for a variety of tasks that assist the sales team and ensure smooth operations. Their main duties include responding to customer complaints and questions, ensuring orders are processed on time, scheduling sales activities, and providing administrative support to the sales team. They play a crucial role in maintaining customer satisfaction and supporting the sales process.

Flyexclusive Inc is a premier owner and operator of private jet experiences, offering high-quality, convenient, and safe private jet services. The company differentiates itself with its world-class Jet Club and unmatched private jet charters, providing a luxurious and exclusive travel experience. Flyexclusive Inc primarily targets affluent individuals and businesses seeking premium private aviation solutions.

Field that involves the use of statistical methods, predictive models, and data analysis to make informed business decisions. It encompasses various techniques and tools to analyze business data, identify trends, and provide actionable insights, differentiating itself by its focus on data-driven decision-making. Business analytics primarily benefits organizations and professionals seeking to optimize operations, improve performance, and gain a competitive edge through data insights.

Global financial portal providing news, analysis, streaming quotes, charts, technical data, and financial tools related to global financial markets. It operates multiple editions in various languages and offers mobile apps for both Android and iOS, distinguishing itself with comprehensive coverage and accessibility. The platform primarily targets investors, traders, and financial professionals seeking up-to-date market information and analytical tools.

A refund program for customs duties, taxes, and fees paid on imported merchandise that is later exported or destroyed. The duty drawback program aims to encourage U.S. businesses to export more by reducing the costs associated with importing goods that are subsequently exported. It is administered by the U.S. Customs and Border Protection (CBP) and benefits businesses involved in international trade.

Company that provides medical insurance for pets, primarily dogs and cats. Founded in 2000, it offers comprehensive pet insurance plans covering various medical expenses, including surgeries, hospital stays, medications, and diagnostic tests, aiming to help pet owners manage high veterinary costs. Trupanion's services are targeted at pet owners seeking financial assistance for their pets' medical care.

Service that automates rent reporting and credit building by reporting rent payments to all three major credit bureaus—Equifax, Experian, and TransUnion. By including rent payment history in credit reports, it helps renters build their credit scores, offering a unique value proposition compared to traditional credit-building methods. Boom Pay primarily benefits renters looking to improve their credit scores through consistent rent payments.

In the context of cryptocurrency, it refers to the process of participating in transaction validation on a proof-of-stake (PoS) blockchain by holding and locking up a certain amount of cryptocurrency. Validators are chosen based on the amount they stake, and they earn rewards for their participation, providing a potential income stream. This process is primarily beneficial for cryptocurrency holders looking to earn rewards and support the network's security and operations.

Company that offers technology and tools designed to help financial advisors achieve better outcomes. Altruist provides advisory services and aims to improve the efficiency and effectiveness of financial advising by integrating various financial tools into a single platform. The primary target demographic for Altruist includes financial advisors and wealth management professionals seeking to streamline their operations and enhance client service.

Financial platform and app that enables users to trade stocks and ETFs, as well as save and invest their money passively. It differentiates itself by offering a comprehensive suite of financial services in one place, making it convenient for users to manage their investments and savings. Sarwa primarily targets individuals looking for an easy-to-use platform to handle their financial investments and savings efficiently.

Online consumer lender offering low-interest, fixed-rate loans for various purposes. LightStream, a division of Truist, differentiates itself by providing a fast and easy loan process, excellent service, and competitive rates for customers with good credit. The service primarily targets individuals with good credit who are seeking personal loans for home improvement, debt consolidation, auto financing, and other needs.

Financial services term that refers to the use of open APIs (Application Programming Interfaces) enabling third-party developers to build applications and services around financial institutions. It provides greater financial transparency options for account holders, ranging from open data to private data, and encourages innovation by allowing new entrants to offer competitive products and services. Open Banking primarily benefits consumers and businesses seeking enhanced financial services and greater control over their financial data.

Company that distributes, underwrites, and services construction and property insurance products across the United States for 'A' rated carriers. With over 45 years of experience, US Assure specializes in builders risk coverage, which is exclusively backed by Zurich, differentiating itself through its expertise and strong partnerships. The primary target demographic includes construction professionals, property owners, and insurance agents seeking reliable and specialized insurance solutions.