Mercury, a US-based neobank claiming to serve over 100,000 start-ups, has unveiled the launch of its consumer-focused product, Mercury Personal, a self-service banking solution tailored for entrepreneurs and investors. Founded in 2017, Mercury states customers of its new solution will have access to features such as customisable debit card limits, worldwide ATM fee reimbursements, no-fee domestic wires and ACH transfers, alongside no minimum balances.

In this Issue While economic growth has moderated slightly, the labor market remains resilient with the unemployment rate remaining below 4% for the 26th consecutive month, the longest streak since the 1960s.Housing demand is on the rebound, but with mortgage rates still averaging 6.8%, many...

The finance industry has arguably been the most transformative in terms of the impact of technology. Some 20 years ago, trading was an area of bartering over the phone using personality and persuasion, but today is almost entirely automated on supercomputers. And, while there are still hedge fund...