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Ex-FTX Exec Avoids Prison as Bankruptcy Plan Repays Customers

FTX | Oct 31, 2024 Ex-FTX Exec Nishad Singh Dodges Jail After Aiding Prosecutors in Fraud Case While Bankruptcy Plan Sets Full Repayment for Customers United States District Judge Lewis Kaplan decided not to send the former FTX Director of Engineering, Nishad Singh to prison for his remorse and assistance in cooperating with prosecutors in


The post Ex-FTX Exec Avoids Prison as Bankruptcy Plan Repays Customers first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Andressen’s Shoutout Boosts AI Powered VC Fund to $100M

AI VC Fund | Oct 31, 2024 Andreessen’s Shoutout Pushes AI-run VC Fund "ai16z" to Nearly $100M An AI run venture fund "ai16z" sparked a wave of excitement in the tech and crypto worlds following a shoutout from Marc Andreessen. The fund’s market cap surged to nearly $100 million before stabilizing at approx $25 million


The post Andressen’s Shoutout Boosts AI Powered VC Fund to $100M first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Halloween kicks off a season of home insurance risks. Here's what homeowners need to know

Holidays like Halloween can increase the likelihood of certain risks as more people visit your property. Here are three steps to cross off your list this holiday season.

1 year ago

OSC Urges Stricter Rules on Gamified Investing Features

Report | Oct 31, 2024 New OSC Research on How Gamification Features Affect Investor Behaviour As more retail investors open up accounts to invest, trade, and in some cases even save on digital fintech platforms, many apps are adding gamification features to make trading more interactive and accessible.  However a new experimental research study conducted


The post OSC Urges Stricter Rules on Gamified Investing Features first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

FAFSA rollout is 'on track,' despite remaining unresolved issues, Education Department says

The full launch of the 2025-26 FAFSA is on track for December 1 despite ongoing issues, the Education Department said.

1 year ago

SEC Insights on Balanced Regulation and Non-Bank Finance

Regulation | Speech | Oct 30, 2024 Uyeda’s Insights on a Global Framework for Balanced and Adaptable Finance for Growth At the 2024 AIMA APAC Annual Forum, one of largest gatherings of regulators, hedge fund managers, and alternative finance and institutional investors in the Indo-Pacific region,  SEC Commissioner Mark Uyeda delivered a talk around key


The post SEC Insights on Balanced Regulation and Non-Bank Finance first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a report finds.

1 year ago

Inflation is cooling, yet many Americans are still living paycheck to paycheck

The rate of inflation has come down from pandemic era highs. But many Americans are still waiting to feel financial relief.

1 year ago

Reducing The Costs of Remittances

Almond FinTech | Howard Davidson | Oct 30, 2024 Remittances, the money sent home by migrants working abroad, have become a fundamental financial lifeline for emerging markets across the planet. In 2023, the volume of global remittances reached a staggering $890 billion, significantly outpacing the current amount of foreign direct investment and official development assistance


The post Reducing The Costs of Remittances first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

How Real-Time Agentic AI Will Boost Fintechs

Innovation | Oct 30, 2024 Real-time Tracking and AI Boost Trust and Security in Digital Finance, Giving Customers Peace of Mind Earlier this month Gartner announced it's top 10 tech trends for 2025 at the Gartner IT Symposium/Xpo and it got us thinking about the impact of these trends along with strategic opportunities.  Agentic AI


The post How Real-Time Agentic AI Will Boost Fintechs first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Inflation is down — but the middle class is still feeling financial pressure. Here's why

Economists say there's a strong role for policy in affecting the prices of essential goods for American families.

1 year ago

Buying a home is 'a way to increase your net worth over time,' top-ranked advisor says

Homeowners generally have a higher net-worth than renters. But the equity does not appear overnight. Here's what to consider, experts say.

1 year ago

Canada’s Innovation Paradox – Strong Start, Missing Impact

Global Innovation Report | Oct 28, 2024 Canada Has Strong Innovation Inputs But Falls Short When Scaling for Global Impact The World Intellectual Property Organization’s (WIPO) recently published it's annual 2024 Global Innovation Index (GII) (download 17 page PDF report). The WIPO Global Innovation Index ranks countries is based on numerous metrics that are divided


The post Canada’s Innovation Paradox – Strong Start, Missing Impact first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Canada’s $300M AI Funding Targets SMEs for Growth

Funding Program Release | Oct 29, 2024 Federal Boost for Canadian AI Powered SMEs, Creating Accessible AI Tools Through RAII and AI Assist Programs On October 22, 2024, the Canadian government announced $300 million in funding to help small to medium sized businesses (SMEs) get a foothold in AI.  The funding is part of the


The post Canada’s $300M AI Funding Targets SMEs for Growth first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Year-end Roth IRA conversions are popular — but don't wait too long, financial experts say

If you're weighing a year-end Roth IRA conversion, waiting too long could be risky, financial experts say. Here's what investors need to know.

1 year ago