Technology
Neon Money Club creates a dating app based on credit scores
While there are some advantages to discussing your funds before marriage, because it is usually cited as a leading reason behind divorce, your credit rating is a flawed measure of your financial health.
Score, a dating app launched by financial platform Neon Money Club, is aimed only at individuals with good or excellent credit, which, based on its founders, is meant to spark a discussion about finance. As we informed, the concept for the applying was initially born in 2023 at
In a press release, CEO Luke Bailey explained what led them to take an unconventional approach to cross-selling access to the applying to credit scores.
“A good financial situation often takes a back seat. Our mission at Neon Money Club is to instill financial awareness into the fabric of everyday life. To achieve this, we need to take the conversation to places where it is not usually discussed. Neon Money Club’s ‘Score’ is our first serious attempt at achieving this goal,” Bailey said.
“Score aims to elevate the conversation about financial health, which has remained stagnant for decades.”
While there are some advantages to discussing your funds before marriage, because it is usually cited as a leading reason behind divorce, your credit rating is a flawed measure of your financial health. Like most things in America, its application is usually biased against Black people. According to , Black and Latino people often have lower credit scores, and this can’t be separated from quite a few reports showing that blacks and Latinos have less real wealth than white Americans. Race is probably not consistently included on credit reports, however the aspects that influence credit scores often work against Black people.
Jay Moon, CEO of Credit Sesame, said that “while the credit system was designed to be blind, this data shows that Black and Latino Americans are being unfairly excluded from the system.”
Moon continued: “Creating equal credit opportunities is a critical first step toward eliminating racial disparities in our society. Whether it’s creating products specifically for these underserved groups or providing more ways to access credit and resources, the important thing is to make progress.”
To its credit, the app allows individuals who have been denied based on their creditworthiness to enhance their scores by sending them resources designed to enhance their financial knowledge and construct creditworthiness using Grow Credit. The app also doesn’t strictly limit users to tiers based on their credit scores; if a user has a credit rating of 640, they’ll still match a user with a credit rating of 800.
In addition, the credit rating is obtained through a soft check that doesn’t affect the user’s creditworthiness. According to Bailey, their use of credit scores is more aspirational than class-based, indicating that one can have a high income but a low credit rating. Bailey briefly described the method, saying, “Then these individuals are referred back to us to qualify for our products. Awareness must be raised in regards to the doors that will be opened with a good credit history.
But despite these concerns, Jackie Liao, CPO of Neon Money Club, says more activities are on the horizon to spark discussion about financial health.
“SCORE is just one of many implementations we are doing to ensure financial health because the table itself is boring and outdated,” Liao said.
“We start with love and we’re in good company. A recent Federal Reserve study found that “people with high credit scores are more likely to form committed relationships.”
With the launch of Neon Money Club in 2021, the corporate became the primary Black-owned technology company to launch a credit card with American Express. This card, the Cream Card, allows cardholders to convert their credit card points into money value, which they’ll then use to speculate within the stock market, operating similarly to a Stash debit card that applies to each purchase or investment made.
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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