Half of Immediate’s early wage users switch to Visa Direct within two months

In the two months since earned wage access (EWA) provider Immediate launched Visa Direct as a payment option, the near real-time method is already accounting for 50% of its payments.

When Immediate launched in October 2018, it first offered its users the ability to gain access to their earned, but not yet paid, wages through an ACH transfer that could take several days. But one Saturday this February, just before the pandemic hit, an end-user put in a customer support ticket that prompted the fintech to shift to a faster payments rail.

“We had a guy put in a support ticket on a Saturday morning asking ‘where’s my money?’,” said Matt Pierce, founder and CEO of Immediate. “He needed $10 for gas to get to work and couldn’t wait until it was ACH’ed to his account on Monday. We had one of the guys on the support team Venmo him

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SGOL Weekly: Too Early To Turn Tactically Long Again (NYSEARCA:SGOL)

Welcome to Orchid’s Gold Weekly report. We discuss gold prices through the lenses of the Aberdeen Standard Physical Gold Shares ETF (NYSEARCA:SGOL).

Investment thesis

SGOL has enjoyed a mild rebound in recent days on the back of renewed dollar weakness. However, the rebound has been partly offset by an increase in US real interest rates.

Source: Bloomberg, Orchid Research

At this juncture, we prefer to stay on the sidelines because the increase in US real rates may continue for longer, triggering some speculative selling in the futures market.

That said, we remain very bullish in the long run because investment demand is expected to grow at a steady pace on the back of inherent macro uncertainty in the years ahead.

With the negative seasonality in gold prices in the near term and the weakening momentum in SGOL over the past two months, we prefer to wait a little longer

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2 cheap UK shares I’d buy today to get rich and retire early

The stock market crash has prompted some investors to avoid buying cheap UK shares. That’s understandable. They face challenging operating conditions at the present time in many cases. And that could lead to disappointing share price performances over the coming months.

However, long-term investors who can build a diverse portfolio of stocks could benefit from buying undervalued British shares after the recent market downturn. In time, they may produce sound recoveries that improve your financial prospects.

With that in mind, here are two FTSE 100 stocks that appear to be undervalued. They could be worth buying today, and may even boost your retirement prospects.

A buying opportunity among cheap UK shares

Glencore (LSE: GLEN) could offer good value for money relative to other cheap UK shares. The FTSE 100 mining business has experienced a tough period due to coronavirus. But its assets have largely been able to remain operational throughout

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NFL Week 5 early odds: Tom Brady puts improbable Thursday streak on the line, winless Falcons favored to win

If the Chicago Bears are going to win in Week 5, they’re going to have to do something they’ve never done: Beat Tom Brady. Right now though, the oddsmakers don’t seem to like the Bears’ chances of making that happen. 

In the early odds for Week 5, the Bears have opened as a 5.5-point underdog to the Buccaneers. When the game kicks off on Thursday, all eyes will be on Tom Brady, who actually has two impressive streaks going. 

The first streak relates to the fact that Brady is unbeatable on Thursday night. During his 20-year career, Brady has never lost a Thursday game that was played on short rest (Brady’s only Thursday loss came in Week 1 of the 2017 season). When you look at the short rest games, Brady is 10-0 straight-up and 8-2 ATS. 

Besides being undefeated in Thursday night games played on short rest, Brady has

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