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What borrowers need to know while student loan forgiveness is in limbo

The White House believes its student loan forgiveness plan will prevail in the courts, but for now, the financial future of millions of Americans is uncertain.

2 years ago

How AI Has Revolutionized The Canadian Banking Industry

Guest Post | Nov 21, 2022 Artificial Intelligence (AI) and Machine Learning (ML) techniques have been taking over the app industry for some time now, with app development companies in Toronto recommending them as default during app building. Banking is one of the oldest institutions, so taking some of the older processes and having them


The post How AI Has Revolutionized The Canadian Banking Industry first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

For retirement-system changes proposed in Congress via 'Secure 2.0,' December is do-or-die time

Supporters of so-called Secure 2.0 are hoping that a final version can be attached to another must-pass bill before this session of Congress adjourns.

2 years ago

Grayscale Won’t Share Proof of Reserves | Bitvo Escapes FTX

The Block | Stephanie Murray | Nov 20, 2022 Crypto investment firm Grayscale won't show proof of reserves after bitcoin and ether products fall to new all-time lows. The firm acknowledged its decision to keep its reserve information private would be a “disappointment” to some investors. Crypto firms are being pressed to show more information


The post Grayscale Won’t Share Proof of Reserves | Bitvo Escapes FTX first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

As Valuations Plunge, Fintechs Become Acquisition Targets for U.S. Banks

Reuters | Saeed Azhar and David French | Nov 18, 2022 Financial technology companies are increasingly becoming acquisition targets for traditional U.S. banks as rising interest rates and falling valuations crimp their expansion. The valuations of listed financial technology firms have plunged 70% in 2022, analysts at Jefferies Group said in a note last week.


The post As Valuations Plunge, Fintechs Become Acquisition Targets for U.S. Banks first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Grayscale Won’t Share Proof of Reserves | Bitvo Escapes FTX | (Some) DeFi Platforms Benefit from CEX Exodus

The Block | Stephanie Murray | Nov 20, 2022 Crypto investment firm Grayscale won't show proof of reserves after bitcoin and ether products fall to new all-time lows. The firm acknowledged its decision to keep its reserve information private would be a “disappointment” to some investors. Crypto firms are being pressed to show more information


The post Grayscale Won’t Share Proof of Reserves | Bitvo Escapes FTX | (Some) DeFi Platforms Benefit from CEX Exodus first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Top Wall Street analysts like these stocks amid the macro uncertainty

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including VMware and GlobalFoundries

2 years ago

'There is no such thing as a free lunch.' 4 lessons for crypto investors from the FTX collapse

There are key lessons for digital currency investors after the collapse of cryptocurrency exchange FTX, financial experts say.

2 years ago

Do You Actually Have a Right to Disconnect From Work in Ontario?

Guest Post | Nov 20, 2022 You might have heard the news or read the headlines in late 2021 that Ontario's provincial government was about to make it a law that workers in the province would have the right to disconnect from work after their shift was over. Considering the context, that many employees were


The post Do You Actually Have a Right to Disconnect From Work in Ontario? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Impactive Capital takes an unprecedented step to seek change at Envestnet. This is what could happen next

A potential proxy fight is brewing between Impactive Capital and Envestnet.

2 years ago

Even as the midterm election results were 'positive for seniors,' some worry about Social Security amid debt ceiling negotiations

The midterm election results were "positive for seniors." Yet some say a fight over Social Security could still be brewing with debt ceiling negotiations.

2 years ago

Tax Reporting Behaviours That Can Lead to a CRA Audit of Your Business

Guest Post | Nov 19, 2022 As a business owner, it can be tempting to play up your expenses and tamp down your income to “help” reduce your payable tax amounts. While many Canadians round up or down here and there, entering false information on a tax return is against the law and can lead


The post Tax Reporting Behaviours That Can Lead to a CRA Audit of Your Business first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

60% of Americans are living paycheck to paycheck heading into the peak shopping season

The rising cost of living is straining household budgets just as the season of spending kicks into high gear.

2 years ago

The Portfolio Magic Number

When evaluating investment opportunities, diversification can be an essential part to managing investment goals. Diversifying your investment portfolio is considered a way to help balance the inherently risky nature of investments. How many companies should an investor have in their … Continue reading

2 years ago

ISED Launches Competition Act Review: Consultation on the Future of Competition Policy in Canada

ISED | Release | Nov 17, 2022 Effective and up-to-date competition law and enforcement are necessary to promote a competitive marketplace that favours prosperity and affordability for Canadians. The Competition Act plays a critical role in protecting consumers and promoting dynamic and fair markets that benefit consumers, businesses and workers alike. Modernizing Competition Law:  In


The post ISED Launches Competition Act Review: Consultation on the Future of Competition Policy in Canada first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago