Finance Trends

Required Minimum Distributions (RMD) are mandatory withdrawals that individuals must take from their retirement accounts, such as IRAs and 401(k)s, once they reach a certain age, typically 72. These distributions are required to ensure that individuals do not defer taxes indefinitely on their retirement savings. RMDs primarily affect retirees and individuals with significant retirement savings, ensuring compliance with tax regulations.

Company that provides Managed Service Providers (MSPs) with tools to automate and standardize their operations, analyze opportunities, and enhance client value. ScalePad offers services such as backups, warranties, reporting, and asset lifecycle management, distinguishing itself with a comprehensive suite of tools designed to improve operational efficiency and client satisfaction. The primary target demographic for ScalePad includes MSPs seeking to optimize their service delivery and enhance the value they provide to their clients.

Health insurance company offering a variety of health plans and services. Known for individual and family plans, employer group plans, Medicare plans, and Medicaid plans, it emphasizes affordable, high-quality health care coverage with a focus on preventive care and wellness programs. Primarily serves residents of Michigan, catering to individuals, families, employers, and seniors.

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.

React libraries are tools and frameworks that extend the functionality of the React JavaScript library, which is used for building user interfaces. These libraries assist developers in managing state, routing, styling, form handling, and making HTTP requests, thereby streamlining the development process and enhancing the capabilities of React applications. They are particularly beneficial for developers looking to create efficient, scalable, and maintainable web applications.

USD Coin (USDC) is a type of cryptocurrency known as a stablecoin, designed to maintain a stable value by being pegged to the U.S. dollar. It achieves this stability by being backed with reserve assets such as dollars or euros, ensuring that one USDC is equivalent to one U.S. dollar. USDC is primarily used by individuals and businesses seeking a stable medium of exchange within the volatile cryptocurrency market.

Digital-only banks that operate without traditional physical branch networks. They offer a range of financial services through mobile apps and online platforms, often focusing on user-friendly interfaces, lower fees, and innovative features compared to traditional banks. Neobanks typically target tech-savvy customers and those looking for more convenient and cost-effective banking solutions.

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.

A wealth mindset, also known as an abundance mindset, is a way of thinking that emphasizes the belief that there are enough resources and opportunities for everyone to succeed. This mindset contrasts with a scarcity mindset, which views resources as limited and fosters competition. It is particularly beneficial for individuals seeking financial success, personal growth, and a positive outlook on life.

A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is a type of health reimbursement arrangement that allows small employers with fewer than 50 full-time employees to reimburse their employees for medical expenses, including health insurance premiums. Established under the 21st Century Cures Act in December 2016, QSEHRA requires that employees have minimum essential coverage to receive tax-free reimbursements, and it must be offered on the same terms to all eligible employees. This arrangement primarily benefits small businesses looking to provide health benefits to their employees without offering a group health plan.

Company that offers point-of-sale systems with functionalities for payments, inventory management, and reservations, tailored to specific industry needs. Payone provides a central platform for managing and monitoring payment activities, giving access to contract data, transactions, and reporting, differentiating itself with its comprehensive and industry-specific solutions. The target demographic includes businesses in various industries seeking an integrated solution for their point-of-sale and payment management needs.

A home equity loan is a type of loan where the borrower uses the equity of their home as collateral. This loan provides a lump sum amount based on the property's value, typically featuring fixed interest rates and a repayment period ranging from 5 to 30 years. Home equity loans are commonly used by homeowners for purposes such as home improvements, debt consolidation, or major expenses.

A type of savings account that typically offers higher interest rates compared to regular savings accounts. Money Market Accounts often come with check-writing privileges and debit card access, providing more flexibility. They are particularly beneficial for individuals seeking higher returns on their savings while maintaining some liquidity.

Companies that own, operate, or finance income-producing real estate across various property sectors. They allow individual investors to earn a share of the income produced through commercial real estate ownership without having to buy, manage, or finance properties themselves. REITs are particularly beneficial for investors seeking regular income, diversification, and liquidity in their investment portfolios.

Multi-currency mobile wallet that comes with a prepaid Mastercard, enabling users to shop both online and offline worldwide. It offers competitive exchange rates and eliminates foreign transaction fees, making it a cost-effective solution for international spending. YouTrip is particularly beneficial for travelers and individuals who frequently make international purchases.

Insurance company founded in 2016 that offers a unique car insurance model. By Miles differentiates itself by allowing customers to pay an annual fee to cover their car while it's parked and then pay based on the miles they drive each month, providing a cost-effective solution for low-mileage drivers. This model primarily benefits individuals who drive infrequently and are looking for a flexible and economical insurance option.

Spendesk is a financial management platform designed to help businesses manage company spending efficiently. It offers tools such as company cards, expense reimbursements, invoice management, and automated accounting to streamline financial operations and enhance productivity. Spendesk primarily targets finance teams and businesses seeking greater visibility and control over their financial processes.

Fintech company and microfinance bank in Nigeria offering various financial services. Known for being the most downloaded fintech app in the country, FairMoney provides over 10,000 daily loan disbursements and serves more than 5 million users, differentiating itself with its accessibility and user-friendly platform. The primary target demographic includes individuals and small businesses in Nigeria seeking accessible and efficient financial solutions.

Software tool that helps businesses take control of their finances through clear and flexible forecasts. Dryrun allows users to forecast their cash flow, revenue, and profit, providing them with a powerful scenario-modelling tool to gain confidence, clarity, and insight into their business operations. It is particularly beneficial for business owners, financial planners, and accountants who need detailed financial projections and scenario analysis to make informed decisions.

Mobile banking company that develops software to provide various financial services through a digital platform. The platform offers features such as cash flow projections, spend tracking, and smart alerts, differentiating itself by focusing on user-friendly, tech-driven financial management solutions. Varo Money primarily targets tech-savvy individuals seeking convenient and efficient mobile banking options.

Driving simulator game set in the desert of White Rim Trail, Utah, USA, offering various modes such as Race, Free Ride, and Tour. The game provides an immersive experience with realistic desert landscapes and challenging driving conditions, differentiating itself with its detailed environment and diverse gameplay options. Terraland is aimed at driving enthusiasts and gamers who enjoy realistic simulation experiences and exploring unique terrains.

Technical analysis tool used by traders to identify potential support and resistance levels in financial markets. It is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction, with key levels derived from the Fibonacci sequence. This tool is primarily utilized by traders and investors to determine potential reversal points, entry points, stop-loss levels, and take-profit targets.

Field that deals with the regulatory requirements and guidelines governing the development, manufacturing, and marketing of products, particularly in industries such as pharmaceuticals, medical devices, biotechnology, and food. Professionals in this field ensure compliance with all relevant regulations and laws, preparing and submitting necessary documentation to regulatory agencies, and acting as liaisons between companies and regulatory bodies. Regulatory affairs primarily benefit companies in highly regulated industries, ensuring their products are safe, effective, and legally compliant.

Protocol designed to enable public blockchain users and applications to privately transfer and store data in off-chain containers known as 'Keeps.' It allows users to stake KEEP tokens to be randomly selected to earn fees by performing services on the network, such as encryption or data storage. The Keep Network primarily benefits blockchain users and developers seeking enhanced privacy and security for their data transactions.

A person or entity that has a legal right or interest in another's property due to a loan or financial obligation. This right, known as a lien, allows the lienholder to take possession of the property if the borrower defaults on the loan. Lienholders can be banks, financial institutions, or individuals, and they have specific rights and responsibilities related to the lien.

Measure of social value and progress, defined as one point of self-reported life satisfaction measured on a 0-to-10 Likert scale for one individual for one year. This unit of measurement can be used to derive more specific measures of national, international, and intergenerational value, providing a standardized way to assess well-being across different populations and time periods. Wellby is particularly useful for policymakers, researchers, and organizations focused on improving societal well-being and quality of life.

Financial technology company that serves as a climate investment marketplace, providing funding opportunities for renewable energy projects and climate technology ventures. Registered with the SEC and FINRA, Raise Green differentiates itself by focusing on clean energy, ESG (Environmental, Social, and Governance) investments, and local impact investing. The platform primarily targets investors interested in sustainable and socially responsible investment opportunities.

Business management consultant company based in Plano, Texas, specializing in chargeback management solutions. Chargeback Gurus offers innovative services through their proprietary FPRONE platform, utilizing AI insights and advanced analytics to reduce chargebacks and increase recovery rates, thereby maximizing revenue for clients. Their services are primarily targeted at businesses seeking to protect and recover revenue through effective chargeback management.

Global business that owns and operates a portfolio of complementary agencies and marketing service businesses. Collinson International Limited provides services in marketing, insurance, travel clubs, and research and development, differentiating itself through a diverse range of offerings that cater to various customer needs. The company primarily serves a global customer base, including businesses and individuals seeking comprehensive marketing and travel-related services.

Plugin format developed by Avid Technology for use in their Pro Tools digital audio workstation software. AAX allows for more efficient processing and integration of audio effects and virtual instruments within Pro Tools, enhancing the overall audio production workflow. It is primarily targeted at audio professionals and musicians who use Pro Tools for recording, mixing, and mastering audio projects.