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As Congress works to avoid a shutdown, here's what's next for a bill to increase Social Security benefits for public pensioners

The Senate may soon consider a bill that would increase Social Security benefits for individuals who also receive public pensions.

10 months ago

OSC Crypto Trading Platform Compliance Review Findings

Regulation | Dec 20, 2024 Are Restricted Dealer Crypto Platforms Doing Enough to Protect Investors?  The OSC Weights In The Ontario Securities Commission (OSC) recently conducted a compliance review of 6 restricted dealers operating crypto asset trading platforms (CTPs) in Ontario, and published a summary of their findings, "Staff Notice 33-757" (see press release).  The


The post OSC Crypto Trading Platform Compliance Review Findings first appeared on National Crowdfunding & Fintech Association of Canada.

10 months ago

The Fed cut interest rates, but mortgage costs jumped. Here's why

The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.

10 months ago

Despite APRs that can top 30%, some shoppers still like retail credit cards over buy now, pay later plans

Some shoppers prefer retail store credit cards over buy now, pay later loans. Either way, here's what you need to consider.

10 months ago

Open Banking Delayed to 2026, Favours Banks Over Innovation

Consumer-Driven Finance | Dec 18, 2024 Open Banking Delayed to 2026, Leaving Canada Behind While Favouring Banks If you haven't realized it, Canada likes to delay the rollout of national projects (i.e, Trans mountain pipeline, national housing strategy, Phoenix pay system, high speed rail projects etc), and while it was painfully anticipated, the Canadian government


The post Open Banking Delayed to 2026, Favours Banks Over Innovation first appeared on National Crowdfunding & Fintech Association of Canada.

10 months ago

CFPB takes aim at ‘bait-and-switch’ credit card rewards — consumers forfeit about $500 million worth each year

When it comes to credit card rewards, cardholders often leave money on the table. Now the CFPB is taking a closer look at these programs.

10 months ago

Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers

A "faulty" transfer of student loan accounts from NelNet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.

10 months ago

OpenAI’s Latest Updates Stock Sale, Lawsuit & Innovations

OpenAI | Dec 19, 2024 OpenAI Makes Headlines with Employee Stock Sales, AI Updates, and Musk Lawsuit It's been a whirlwind for OpenAI, capturing the tech world's attention with all kinds of developments from a private stock sale that will turn hundreds of employees into millionaires to a high profile lawsuit and exciting product launches. 


The post OpenAI’s Latest Updates Stock Sale, Lawsuit & Innovations first appeared on National Crowdfunding & Fintech Association of Canada.

10 months ago

Senate expected to hold final vote on bill to change Social Security rules. Here's what leaders have said

As the Senate wraps up its final legislative days for the year, it is expected to vote on a bill affecting Social Security benefits for about 3 million people.

10 months ago

These are the top 10 'housing hot spots' for 2025 — none are in Florida

It's too soon to tell if 2025 will be a housing market favoring buyers or sellers. But some areas could offer affordable conditions, according to experts.

10 months ago

Senate may soon vote on a bill to change certain Social Security rules. Here's what to know

In the final days of this Congressional session, the Senate could vote to nix rules affecting certain pensioners that have been in place for decades.

10 months ago

Narwhal Project: Growth Insights from the Class of 2014

Scale-up Research | Dec 18, 2024 Scaling Canadian Fintech and Lessons from the Narwhal Project Class of 2014 Ten years ago Canada’s tech sector had launched 260 startups that had raised at least $500,000 in what became known as the "Class of 2014" (14 page PDF).  These companies not only showed early promise and were


The post Narwhal Project: Growth Insights from the Class of 2014 first appeared on National Crowdfunding & Fintech Association of Canada.

10 months ago

TD Bank Scandal Update: $3B Fine, Arrests, and Scrutiny

AML | Dec 18, 2024 TD Bank Under Pressure as ex-Employee Arrested and U.S. Senators Demanding Answers Back in May 2024, the TD Bank money-laundering scandal hit wires with the CEO Bharat Masrani departing amid a monstrous $3B fine.  Yes, that's the same TD Bank Chief that was seeking a level playing field with startup


The post TD Bank Scandal Update: $3B Fine, Arrests, and Scrutiny first appeared on National Crowdfunding & Fintech Association of Canada.

10 months ago

The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you

The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.

10 months ago

Paying down debt is Americans' top financial goal for 2025. Here are some tips that can help

More Americans expect their finances will improve in the New Year, a new Bankrate survey finds. A popular financial goal in 2025 is to pay down debts.

10 months ago