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A private arts college is set to close, citing issues with the new FAFSA — others may follow, expert warns

Citing too few students, the Delaware College of Art and Design will no longer offer classes or confer degrees starting this fall.

1 year ago

Implications of the BaaS Synapse Collapse

BaaS | May 29, 2024 The Synapse Collapse and What It Means for up to 10 Million Consumers and the Fintech Industry Synapse's shutdown is sending ripples throughout the fintech space The fintech sector has been rocked in recent weeks by the failure of Synapse Financial Technologies, which has surfaced huge issues within the fintech


The post Implications of the BaaS Synapse Collapse first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

VoPay Launches TXB Solution for Banks and Credit Unions

VoPay | Release | May 29, 2024 VoPay announces TXB, an API-first solution to enhance transaction banking and cash management for banks and credit unions Canadian fintech, VoPay, just announced the release of its Transaction Banking (TXB) solution, which aims at assisting banks and credit unions to implement API-first transaction banking and cash management systems. 


The post VoPay Launches TXB Solution for Banks and Credit Unions first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

The State of the Car Loan Industry in Winnipeg: 2024 Insights

May 29, 2024 The car loan industry in Winnipeg, as well as across Canada, has seen significant shifts in 2024, influenced by economic changes, market demands, and evolving consumer behaviors. Here’s a detailed look at the current state and trends in the industry. Rising Interest Rates and Loan Amounts Interest rates for car loans have


The post The State of the Car Loan Industry in Winnipeg: 2024 Insights first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Student loan debt may prevent retirement security for millions of older workers, research finds

Millions of older Americans' ability to save for retirement may be threatened by unpaid student loan debt, according to new research.

1 year ago

Some Asian American and Pacific Islander women face a $1 million salary shortfall due to the pay gap

Asian American, Native Hawaiian and Pacific Islander women have to work 15 months to earn what a man makes in one year, the National Women's Law Center found.

1 year ago

Former World Bank executive on how to close the global gender finance gap

The vast majority of the world's disenfranchised are women, and technologies from blockchain to digital IDs and mobile finance are keys to empowerment.

1 year ago

25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become popular

Buy now, pay later loans are the second-most-used form of credit payment among U.S. consumers in the U.S., NerdWallet found. But changes are on the horizon.

1 year ago

Generative AI and Major Human Rights Fintech Risks

GenAI | May 28, 2024 Key GenAI Human Rights Risks That Fintech Companies Need To Mitigate As generative AI (GenAI) technologies are increasingly being integrated into fintech companies to create unrivalled opportunities for efficiency and innovation, fintech founders need to develop responsibly and respect the most crucial human rights.  B-Tech, a project of the UN


The post Generative AI and Major Human Rights Fintech Risks first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Med tech stock Semler Scientific takes bitcoin play from MicroStrategy's book, surges 30%

Semler Scientific saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset.

1 year ago

Roth conversions are up in 2024 — but it's not always a 'slam dunk,' accountant says

There's an uptick in Roth conversions in 2024, according to Fidelity Investments. Here's how to know if the strategy is right for your portfolio.

1 year ago

Med tech stock Semler Scientific takes bitcoin play from MicroStrategy's book, surges 37%

Semler Scientific saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset.

1 year ago

‘It’s already a highway robbery.’ Why people don’t wait to claim Social Security and what experts say

Delaying Social Security retirement benefits provides a guaranteed return unmatched elsewhere. Yet many are hesitant to take advantage of it.

1 year ago

CFPB’s New BNPL Rule for Fintechs and Financial Institutions

BNPL | May 28, 2024 What CFPB's New BNPL Rules Mean for Fintechs and Financial Institutions Buy Now, Pay Later (BNPL) credit services have grown at a forceful pace in recent years and are pushing regulators to rewrite the consumer lending playbook. These services have made it possible for customers to make large purchases using


The post CFPB’s New BNPL Rule for Fintechs and Financial Institutions first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

‘It’s already highway robbery.’ Why people don’t wait to claim Social Security and what experts say

Delaying Social Security retirement benefits provides a guaranteed return unmatched elsewhere. Yet many are hesitant to take advantage of it.

1 year ago