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Long Covid may be 'the next public health disaster' — with a $3.7 trillion economic impact rivaling the Great Recession

Long Covid is a chronic illness affecting as many as 23 million Americans. Its economic impact may rival that of the Great Recession.

2 years ago

Despite ongoing Covid risks, more employees consider cutting back on health-care benefits

Just as many workers want to scale back, new research on long Covid underscores the importance of having comprehensive medical benefits.

2 years ago

More Americans tapping buy now, pay later for holiday gifts shows 'how stressed the economy is,' Harvard researcher says

With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping.

2 years ago

'I never really got better' — long Covid patients share their struggle with ongoing symptoms and the health-care system

Long Covid can be considered a disability under the Americans with Disabilities Act, but getting approved for disability insurance is challenging.

2 years ago

Not having an emergency fund can lead to one of the biggest money mistakes, Suze Orman says. How Congress may help

Raiding retirement savings to pay for unexpected expenses is a big money mistake many Americans are prone to making, says personal finance expert Suze Orman.

2 years ago

How to avoid mistakes with required minimum distributions from your retirement accounts

For retirees who need to take so-called RMDs from IRAs and 401(k) plans, it's important to be sure to follow the rules to avoid facing a 50% tax penalty.

2 years ago

If you're still missing your tax refund, you'll soon receive 7% interest from the IRS — but it's taxable

If you're waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here's what filers need to know.

2 years ago

Newfoundland’s AI Unicorn Helps Predict AIs Near-term Business Opportunity

The Toronto Star | Ajay Agrawal, Joshua Gans, Avi Goldfarb | Nov 26, 2022 Five years ago, artificial intelligence (AI) experts would have guessed that the first AI “unicorn” startup (a venture valued at more than $1 billion) in Canada would be from Toronto, Montreal, or Edmonton. But the experts were wrong.  We thought the


The post Newfoundland’s AI Unicorn Helps Predict AIs Near-term Business Opportunity first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Fintech Leaders Say Regulatory Challenges No. 1 Concern

BankingDive | Gabrielle Saulsbery | Nov 28, 2022 Private firms are adopting a more defensive posture, delaying new funding rounds, planning for modest growth and addressing regulatory risks, according to a report. Regulatory challenges have doubled in importance to fintech leaders from 2021 to 2022, according to the results of a survey of 100 industry leaders released Monday.  Now, nearly


The post Fintech Leaders Say Regulatory Challenges No. 1 Concern first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Why RPA Is Key To Fintech Growth

Guest Post | Nov 30, 2022 It’s without a doubt how technological advancements are revolutionizing how industries operate today. For instance, in the financial industry, there’s notable growth in terms of computer processing capabilities. And among the innovations today is Robotic Process Automation (RPA). What Is Robotic Process Automation (RPA) Robotic process automation refers to


The post Why RPA Is Key To Fintech Growth first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Adapting IOSCO Principles to Digital Assets Markets

IOSCO | Nov 2, 2022 The International Organization of Securities Commissions (IOSCO) has published a speech by Tuang Lee, Chair of IOSCO Fintech Task Force, on applying and adapting IOSCO principles to digital asset markets. Digital assets:  These refer to anything of value whose ownership is represented in a digital or computerised form, through a process called


The post Adapting IOSCO Principles to Digital Assets Markets first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Canadian Federal Regulators Issue Joint Statement on Crypto Assets | OSFI Publishes Digital Asset Roadmap

McCarthy Tetrault | Ana Badour | Nov 17, 2022 The Office of the Superintendent of Financial Institutions (OSFI), the Financial Consumer Agency of Canada (FCAC) and the Canada Deposit Insurance Corporation (CDIC) issued a joint statement to all regulated entities (regulated entities) engaging in crypto asset activities or crypto-related service: In Scope: Including but not


The post Canadian Federal Regulators Issue Joint Statement on Crypto Assets | OSFI Publishes Digital Asset Roadmap first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

These 4 tips can help you dig out of debt after record Black Friday and Cyber Monday spending

This year's holiday spending is setting new records, but it's not too late to avoid going into debt, experts say.

2 years ago

HSBC Canada to be Acquired by RBC for $13.5-billion (Subject to Regulatory and Government Approvals)

The Globe and Mail | James Bradshaw | Nov 29, 2022 Subject to regulatory and government approvals, Royal Bank of Canada is buying HSBC Bank Canada for $13.5-billion in cash in the largest deal ever reached between two domestic banks in the country. Concentration: Acquisition would see RBC consolidate its position as Canada’s largest bank.


The post HSBC Canada to be Acquired by RBC for $13.5-billion (Subject to Regulatory and Government Approvals) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

If you’re ‘unretiring,’ review your Social Security benefits. There’s a ‘surprise that people want to avoid’

Unretiring may be a good way to increase your income in retirement. If you're already collecting Social Security benefits, there are a few things to consider.

2 years ago