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FTC warns about student loan scams following Supreme Court decision

The Federal Trade Commission issued a consumer alert about likely fraud attempts after the Supreme Court's ruling Friday against student loan forgiveness.

2 years ago

OMFIF Report on Central Banks and Cloud Services: New Frontier

OMFIF | July 5, 2023 Insights from interviews with central banks and regulated financial infrastructure providers on central banking and cloud services Many institutions are adopting a hybrid approach to data management, leveraging advanced cloud technology for less sensitive data while keeping personally identifiable information secure in on-premises storage. However, central banks remain cautious, valuing


The post OMFIF Report on Central Banks and Cloud Services: New Frontier first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Bloomberg Invest: Banking and Blockchain Conversation with Former SEC Chair Jay Clayton and Dan Morehead of Pantera Capital

Pantera Capital | Dan Morehead | Jun 29, 2023 “I think the crisis is a harbinger for the future.  If you think about it, banks are a terribly-designed stablecoin." A conversation on banking and blockchain with Dan Morehead, CEO Pantera Capital Conversation and former SEC Chairman Jay Clayton at the Bloomberg Invest Conference on June


The post Bloomberg Invest: Banking and Blockchain Conversation with Former SEC Chair Jay Clayton and Dan Morehead of Pantera Capital first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

BCSC Launches Second Fintech Advisory Forum Participants

BCSC | Release | Jun 30, 2023 The British Columbia Securities Commission (BCSC) has established its second Fintech Advisory Forum set to advise BCSC staff on fintech trends and developments, including opportunities and risks, and provide input on fintech issues in the securities industry and securities law issues affecting fintech. The Forum, which was constituted


The post BCSC Launches Second Fintech Advisory Forum Participants first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Some businesses scrap tip prompts, as one-third of Americans say 'tipping culture is out of control'

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

2 years ago

Prime Trust’s Financial Failure and Shift Towards ‘No-Custody Solutions’

Decrypt | Andrew Throuvalas| Jun 28, 2023 The fallout from Prime Trust's failure has highlighted the risks associated with crypto companies relying on third-party custodians for asset safety. Prime Trust was placed into receivership due to financial issues, with the State's filing indicating that Prime Trust is over $82 million in the hole from fiat


The post Prime Trust’s Financial Failure and Shift Towards ‘No-Custody Solutions’ first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

How Conscious Spending Can Combat the Climate Crisis: Cogo’s Carbon Footprint Management

Cogo | Jul 5, 2023 Cogo aims to inspire individuals, businesses, and financial institutions to reduce their carbon footprint and contribute to a sustainable and fairer world. They achieve this by helping everyone understand how their spending affects the climate crisis and driving change on a global scale through partnerships with financial institutions. Cogo started


The post How Conscious Spending Can Combat the Climate Crisis: Cogo’s Carbon Footprint Management first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

30% of Americans say ‘tipping culture is out of control,' as some businesses agree to scrap tip prompts

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

2 years ago

U.S. District Court Green Lights DealMaker’s Trade Secrets Lawsuit Against Darren Marble, Issuance Inc., and Crush Capital Inc.

DealMaker Release | Jun 28, 2023 DealMaker's lawsuit against Darren Marble, Issuance Inc., and Crush Capital Inc. has been greenlit by the United States District Court for the Central District of California. The court has denied the defendants' motion to dismiss the case, affirming that DealMaker's trade secrets claims are adequately stated in the complaint.


The post U.S. District Court Green Lights DealMaker’s Trade Secrets Lawsuit Against Darren Marble, Issuance Inc., and Crush Capital Inc. first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Microsoft Launches New AI Skills Initiative: Empowering Global Workforce with AI Training

Microsoft | Kate Behncken | Jun 28, 2023 Microsoft has launched a new AI Skills Initiative, aiming to equip people and communities worldwide with the ability to utilize AI effectively. Launch of AI Skills Initiative: This initiative is a response to the growing demand for AI skills, which are now considered the third-highest priority for


The post Microsoft Launches New AI Skills Initiative: Empowering Global Workforce with AI Training first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Millions of high earners pay this investment income tax every year. Here's how to avoid it

Higher earners may be subject to the 3.8% net investment income tax every year. Here's how to reduce your tax bill.

2 years ago

Marqeta 2023 State of Payments Report: Rise of P2P Payment and Embedded Financial Services, & Hybrid Future?

Tearsheet | Sara Khairi | Jul 5, 2023 The future of banking is expected to be a hybrid model, combining traditional and embedded financial services (Marqeta:  2023 state of payments report) Traditional vs Digital Banks -- Hybrid future?  Despite the rise of digital banking, traditional banks continue to play a significant role. Consumers are seeking


The post Marqeta 2023 State of Payments Report: Rise of P2P Payment and Embedded Financial Services, & Hybrid Future? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Franchising industry holds its breath as FTC takes a closer look at regulations

The FTC is considering changes to franchising rules that would affect companies from McDonald's to Yum Brands and Marriott.

2 years ago

Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

Homeowners and renters insurance generally cover fireworks-related claims for property damage or injury. But there are exceptions.

2 years ago

Canadian POS Financing on the Movev: Financeit Acquires Simply Group’s Consumer Loan Business

FinanceIt | Release | Jun 26, 2023 FinanceIt acquires Simply Group's consumer loan business Strategic Acquisition: Financeit’s acquisition of Simply Group's consumer loan business, including SNAP Home Finance and EcoHome Financial, signals a dynamic expansion in the point-of-sale (POS) financing sector in Canada. By integrating Simply Group's proficiency in home improvement financing and its $3


The post Canadian POS Financing on the Movev: Financeit Acquires Simply Group’s Consumer Loan Business first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago