Credit scores decrease for the first time in a decade as more borrowers fall behind on payments
The national average credit score slipped for the first time in a decade, driven by increases in missed borrower payments, according to FICO.
The national average credit score slipped for the first time in a decade, driven by increases in missed borrower payments, according to FICO.
With the average cost of private college education above $40,000 annually, more parents are going to work for schools as a way to qualify for discounts.
BNPL | March 5, 2024 Apple Partners with Experian to Share BNPL Data With Credit Reporting Agency On February 28, 2024, Experian announced a partnership with Apple to include "pay-in-4" Buy Now, Pay Later (BNPL) loan information from Apple Pay Later in Experian consumer credit reports to enhance transparency and responsible credit reporting in the
The CFPB finalized a rule to ban excessive credit card late fees, after finding that cardholders paid a record $130 billion in interest and fees.
Cybersecurity | March 6, 2024 FINTRAC Takes Precautionary Measures Amid Cybersecurity Threat In a proactive response to a cybersecurity incident, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has temporarily shut down some of its systems. This measure aims to protect sensitive data and maintain the integrity of Canada's financial intelligence operations. FINTRAC,
Exporting | March 6, 2024 Congratulations! Pack Your Bags... The National Crowdfunding & Fintech Association of Canada (NCFA) is happy to congratulate the selected Canadian fintechs who will participate in this years prestigious United Kingdom Fintech Canadian Technology Accelerator (CTA) program. This initiative, spearheaded by the High Commission of Canada in the United Kingdom and
The rule passed in a 3-2 vote but is watered down from the initial version proposed in March 2022.
Launch | March 6, 2024 Simple Ventures Promises to Ignite Canadian Innovation with Global Ideas Toronto, March 6, 2024 - a pioneering venture studio, Simple Ventures, has officially launched with a mission to revolutionize the Canadian startup landscape. Co-founded by prominent entrepreneurs Rachel Zimmer (CEO) and Michael Katchen (Chair), Simple Ventures aims to fill the
BRICS | March 6, 2024 BRICS Nations Announce Global Blockchain Payment System to De-Dollarize Global Finance As reported on a Russian news agency, BRICS countries (Brazil, Russia, India, China, and South Africa) have announced the creation of a blockchain-based payment system to establish a more inclusive, efficient, and politically neutral global financial ecosystem, leveraging the
Gold does well when other assets — and the world, are in trouble. And so even those who join the rally should root against the yellow metal, experts say.
Many Americans agree that the nation is facing a retirement crisis, a new study finds. But young workers may be in luck, since they have time on their side.
Venture capital funding for companies founded by women has been trending up. Incubators for women founders and more new companies founded by women have helped.
After suffering a blow to its brand, Harvard is back on top as this year’s dream school, according to a new survey of college-bound students.
Advocacy | March 5, 2024 SBCFAC, SBIA, Peirce, and Uyeda Push for Inclusive Accredited Investor Criteria As featured by Crowdfund Insider, the Securities and Exchange Commission's (SEC) Small Business Capital Formation Advisory Committee (SBCFAC), the Small Business Investor Alliance (SBIA), Commissioner Hester M. Peirce, and Commissioner Mark T. Uyeda have collectively voiced strong opposition to
Emerging and disruptive markets can have a distinct allure for investors. These markets, often characterized by rapid growth, technological innovation, and shifting consumer behaviors, may present a unique set of risks and opportunities. In this blog, we’ll explore how to … Continue reading